Are you looking to invest in Charlotte real estate?
At Dawson Property Management , we are the experts in managing your Charlotte rental properties.
Charlotte is one of the hottest real estate areas in the country and therefore one of the best areas to invest. It is considered the largest city in North Carolina and is forecasted to continue growing. The home and rent prices are higher than other areas and are climbing steadily.
When considering a property investment, it is best to check the location for a positive forecast for property appreciation, general safety, accessibility to schools, and basic amenities.
Here is everything you need to know before making the move to Charlotte, NC.
Charlotte made it to the Forbes’ list of top ten places people are moving to. This is because Charlotte is where the largest U.S. banking centers are located. It also enjoys a great climate all year. Plus, the communities are family-friendly, making it a perfect place to live, work, and play.
Moving to a new place requires diligent research, so it is important to read various resources to check which neighborhood is suitable to your needs. Here are the best neighborhoods to take note of in Charlotte, North Carolina, if you are planning to invest in real estate property.
Sharon Woods ranks first in Charlotte, North Carolina, in terms of its livability. It is a chiefly residential neighborhood dotted by schools and churches. Its average home price is upwards of $300,000, and the average income level of residents is pegged upwards of $80,000.
For families, Plaza-Midwood is a top choice for its historic charm and sense of tight community. Residents host festivals, cleanup drives, and fundraisers. Companies like American Airlines , Wells Fargo , and Bank of America are located a short distance away. There are tons of shopping places, pedestrian-friendly streets, and schools.
Among the reputable schools here are Charlotte-Mecklenburg Schools and the Garinger High School.
Huntersville is another wonderful choice, especially for those who love the outdoors. It is just a few miles from Charlotte’s largest lake (known as the Norman). There are plenty of enjoyable water activities available, such as fishing, boating, and swimming.
This massive neighborhood also features 18 parks, gyms and recreational facilities. Those who love hiking, biking, and horseback riding would find Huntersville an ideal place to settle down.
When it comes to schools, Huntersville also ranks high, since it has some top-notch ones like Torrence Creek Elementary, Huntersville Elementary, Barnette Elementary, and North Mecklenburg High, which is known for its academic excellence.
Another best area for families (or those who anticipate having one) is a neighborhood known as Matthews. This town features a charming character atmosphere, offering lovely homes at reasonable prices, short commutes, and wonderful schools.
Residents have easy access to business and entertainment choices. There are plenty of organized family-friendly festivals and concerts. It is also recognized as one of the safest communities, and its cozy small-town vibe makes it ideal for families to settle in.
Schools are also plentiful in the area, with options like Matthews Elementary, David W. Butler High School, Crown Point Elementary, and Mint Hill Middle School. There are also other accessible options like religious schools in the neighborhood.
Incredibly appealing, this area is relatively new compared to the other neighborhoods. It contains high-end suburban homes and an affluent business community where most Fortune 500 companies have built their headquarters. It has its own golf course, splendid amenities like bike trails, and endless dining, shopping, and recreation choices.
There are also several quality schools including Ballantyne Elementary, Ballantyne School of Music, Ardrey Kell High School, and Hawk Ridge Elementary, which can all be found within and near the neighborhood.
Another favorite area in Charlotte, North Carolina, is Providence Crossing. It is known for its vast land area and super low crime rate. It is where the Providence Crossing shopping center is. Its average home price almost reaches $400,000, and the average income level of residents is pegged upwards of $130,000.
Obtaining a high livability score, Ballantyne West is surrounded by a huge corporate office area where large companies set up their offices. It also contains top-notch restaurants, shops, and attractive subdivisions. Moreover, its average home price reaches almost $300,000, and the average income level of residents is pegged upwards of $105,000.
Foxcroft is an incredibly attractive area for its huge lots, impressive trees, and abundant foliage and greenery. For half a century, Foxcroft has continuously ranked high in desirability and livability. Its average home price is upwards of 700,000, and the average income level of residents is pegged around $120,000.
Featuring elegant homes and historic districts, Eastover is high on everyone’s list. It is peaceful and tagged as one of the friendliest communities. Other incentives are its pretty parks, myriad of local shops and restaurants, and nearby schools. If tranquil scenery suits you, you will opt to make this your residential address.
Among the schools in the vicinity are Eastover-Central, Eastover Elementary, and Armstrong Elementary. Beyond elementary schools, however, the Alexander Graham Middle School, Myers Park High School, and Charlotte Engineering Early College also enjoy a great reputation.
For a wonderful mix of urban luxury and suburban comfort, SouthPark is a popular choice. Its top-rated schools enjoy a first-rate reputation, and the largest shopping mall in North Carolina, the SouthPark Mall, is in its vicinity. You can shop to your heart’s content with plenty of big and popular retailers like Nordstrom and Macy’s located in the mall.
Home to the large business districts, SouthPark is an ideal place to settle. The ambiance of lush greeneries and elegant residential homes make SouthPark a very desirable place to live in.
SouthPark’s nearby top-tier schools includes Beverly Woods Elementary, Sharon Elementary, Charlotte-Mecklenburg Schools, South Mecklenburg High School, Selwyn Elementary, and Alexander Graham Middle School.
What makes Charlotte, North Carolina, one of the best places to invest is its desirability. Demand for housing is high, which means your pool of potential tenants are also on the rise. When a market is competitive, a higher rental price is also not out of the question. This makes real estate property investment highly worthwhile in this rapidly growing city.
Here is everything you need to know about buying property and investing in Charlotte, NC.
