How to Determine the Best Neighborhoods to Invest In

When you contemplate purchasing a home or buying a property you may be wondering which areas or neighborhoods are the best to invest in. After all, as buyers, we're always seeking the best deals with the lowest risk and a great return. That's why we've advised these 3 quick tips to help you determine which areas provide the best return investment.

1. Seek out distressed or low-income areas. According to Forbes, location and condition are two key determining factors when deciding on a good home purchase, but buyers are often disillusioned by the state of the property which can be renovated over time. This will allow you to buy low and sell high.

2. Research areas with great school zones and school districts. The scores for all school zones are provided by A score of at least 7 out of 10 will help you determine which schools are best for local residents which will be a major factor for potential buyers with families.

3. Invest near downtown or uptown areas. These areas are booming in cities across the country and provide greater access to shopping, entertainment, and transportation to more resources which will result in greater appreciation on your end.

Make sure you consider at least one of these factors when you’re purchasing a home or property. For more information, give us a call: (833)704-HOME or send us a message!


3 Reasons Why Charlotte is a Great City for Seniors

Is retirement knocking on your door? Better answer its call! Now’s a great time to consider Charlotte as an ideal spot to call home during your retirement years.

Charlotte ranks high on Forbes’ list of recommended places to retire every year, and, as of early 2018, it's also ranked as one of the hottest real estate markets. Time is of the essence: you'd probably much rather spend your free time pursuing all the events and activities this area offers rather than lost in endless speculating over where to live. To help make up you’re mind, here are a few of the top reasons Charlotte should become your retirement headquarters.

1. Budget-Friendly Suburbs

Queen City boasts nearly 900,000 residents, more than 10 percent of whom are over 65. Queen City is surrounded by many attractive, desirable suburbs where you can maximize your housing budget. Consider Pineville, a town of just over 8,000, where median prices for retiree-friendly one-story homes are at a low 160s. Or take a drive over to Lake Park, half Pineville’s size, where home prices are just a bit higher in the 180s.

If you prefer to remain in Charlotte properly, you should know that urban neighborhoods are a bit pricier but still quite affordable. Median home prices in the city are just over $200,000.

2. Plenty of Retirement Living Options in Charlotte

Many seniors prefer to relocate to neighborhoods and communities built specifically for them. These areas tend to offer more services, usually for a monthly fee, to take care of the home and yard work. You can live out your retirement years as royalty in places such as Del Webb’s Sun City Carolina Lakes, which is just a few miles outside of the city, nestled along the Catawba River. This 55+ neighborhood features community centers, a golf course, and a daily activity schedule.

If you’re ready to go a step beyond independent living, Charlotte is also home to some fantastic assisted living communities that can help you with daily tasks such as medication management and personal hygiene while removing obligations that can become increasingly difficult as you age, including cooking and maintenance.

3. Countless Activities for Seniors

Mecklenburg County operates senior centers throughout the region, so wherever you choose to locate, you’ll likely have one nearby. These senior centers are open to anyone age 55 and older, often at low or no cost. Get involved in classes like Jazzercise or tai chi, join programs to optimize your self-care of chronic diseases, sign up for educational courses, dive into crafting, play your favorite card and board games or go bowling at any of the affiliated senior centers in the area.

There’s a reason AreaVibes gives the Queen City an A+ for amenities: this area is full of museums, theaters and working farms that are open for tours, and the city has a scenic downtown area. Feeling outdoorsy? You're covered there as well. Check out Freedom Park, the McDowell Nature Center or go plant yourself on the shores of Lake Norman. No matter what you’ve dreamed of doing with your retirement time, it’s here in Charlotte waiting to be discovered.

Barbara Thompson

Senior Care Advocate

Barbara Thompson is a senior care advocate with Senior Homes dedicated to raising awareness about strategies that can help seniors maintain independence and their quality of life while staying connected to their community.


The Pros and Cons of Living in a Gated Community

Living in a gated community can offer a greater sense of security, privacy, and a better connection to your neighborhood than you could ever imagine. The idea of being buzzed into your new home and the perks of exclusivity can be tempting, and rightfully so, as long as you carefully consider the pros and cons of gated community life.

That’s why we’ve broken down the positives and negatives of gated community living for you below! Plus, we’re giving you the inside scoop on the top three gated communities in the greater Charlotte area. Check it out:

The Pros:

  1. Sense of Security: As a resident, you and your guests are the only persons authorized to enter through your community’s gates. This provides more awareness of solicitors on the property and helps to reduce the threat of crimes such as burglary and vandalism. Typically, gated communities are under surveillance of an attendant, security guard, security cameras, or require an access code to be granted entry.

  2. Safety and Privacy: Controlled access to your community means less traffic, fewer strangers, and a more peaceful environment that will be safer for children to play and pedestrians to unwind. You’ll be able to enjoy everyday activities such as: dog walking, jogging, yard sales, block parties, and more community events without aggravating traffic or reckless commuters.

  3. Community Perks: A greater sense of safety means less time worrying and more opportunities to enjoy the luxuries your community has to offer. These neighborhoods often include state-of-the-art facilities to help residents and their guests relax right at home. Some of these amenities may consist of tennis courts, golf courses, swimming pools, or other forms of sanctioned entertainment.

  4. Higher Property Values: Your home is your investment. Luckily, homes in these areas are typically well-managed and held up to strict codes by the HOA. These rules ensure the quality and design of your property, as well as the general upkeep of your neighborhood. This means tidier yards, well-kept  lawns, ponds, and smoother roads shared with neighbors who have a sense of pride about maintaining their homes and community.

The Cons:

  1. It’s Expensive: You pay for the lifestyle that you want. The exclusivity and security of a gated community means opting to pay for those security guards and gates that help keep you safe. Not to mention the HOA fees that must be paid to cover the cost of maintaining and improving community amenities, roads, and neighborhood parks.

  2. Can Seem Elitist: Depending on why you want to move to a gated community, sometimes these neighborhoods can seem a little off-putting by their exclusivity. Some people may view this choice of lifestyle as pompous, snobbish, or aristocratic.

  3. Stranger in your own Home: Living in a gated community can make some people uncomfortable if they feel like they’re always being monitored or dictated by neighborhood rules when they just want to be left alone in their own home unbothered. Other sources of frustration may come from always needing permission to enter your neighborhood through a guardhouse or irritating guests who want to visit but don’t want to be hounded by security especially during busy seasons or occasions (holidays, graduations, birthdays).

Photo: Buzz Buzz Home | Park South Station

Photo: Buzz Buzz Home | Park South Station

Once you’ve taken into account some of these pros and cons, you may be able to determine whether a gated community is the right choice for your family. Always do your research and if you’re considering moving to a neighborhood in Charlotte, consider these top three gated communities that won’t break the bank!

→Park South Station: Located on the south side of Charlotte, this area is convenient to the SouthPark shopping and dining area. There are plenty of amenities to help you wind down from the city life including: golf parks, fitness areas, pools, a clubhouse, and easy access to walking trails. This community provides homes for various lifestyles including single family homes, town homes, and condominiums at the average price of $370,000.

→The Pavilion in Huntersville: This small community features 24 custom-built homes sitting on an impressive 74 acres of land. The Pavilion is known as a green development due to the plethora of surrounding nature and natural habitats with an average home price of $397,000.

→Heatherloch: Established in the 1970s, this community is located in Gaston County and is just as pristine now as it was back then. This community is centered around a large, beautiful lake with multiple acre lots at the average price of only $267,000!

For more information, contact us today! Call (833)704-HOME to get started with our qualified agent, Qulia Bryant for perfect results that will move you.