Charlotte NC Luxury Homes Have Suddenly Become Affordable

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Real Estate Agent with www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 228209

Charlotte NC Luxury Homes Have Suddenly Become Affordable

Perhaps Queen Charlotte, for whom our city is named, the German wife of England's King George III, would have been so very proud of the little village in the Piedmont North Carolina area that took her name in 1768.  In North Carolina's largest city, where downtown is now called Uptown, our former label, "New South," seems  far out of date.  Through tenacity, ambition and against all geographic logic, Charlotte has become America's second largest banking center (second only to New York City).  Where else can you find such diversity?  Charlotte continues to be an invitingly attractive place to live where a distinctive local culture so comfortably combines NASCAR and southern barbecue with worldly art and haute cuisine.

Selwyn Avenue Luxury home in Myers Park for sale

Luxury homes in Charlotte NC are an attraction for many relocating to Charlotte from across the nation.  Charlotte's luxury home market has unbelievable square foot pricing but, can vary considerably in price based upon location.  Moving outward from the Uptown area, Dilworth, Myers Park, Eastover, Elizabeth and Foxcroft are the city's luxury communities with close proximity to everything Charlotte.  It is however, quite possible to have a luxury community placed directly opposite a less expensive development or home on the same block or even right next door.  There are some streets and addresses which are synonymous with Charlotte luxury homes.  Queens Road comes to mind as an example of the icon of luxury real estate in Charlotte NC.

 

Charlotte has attracted a number of boutique architects and developers, who design just one or two luxury community, which is/are immediately classified as a luxurious.  Many of these are scattered throughout Charlotte, some of which command fairly high prices.  In 2011, however, we are seeing quite a movement to affordable luxury homes in Charlotte.  Despite the fact that Charlotte was, and still remains, one of the most stable real estate markets in the nation, we have seen a significant dip in all home values as well as a significant increase in supply, helping to make luxury homes in Charlotte more affordable.

Foxcroft Charlotte NC luxury homes for sale

A drastic reduction in mortgage rates, as well as home price reductions/values in the area are giving way to Charlotte luxury home buyers' dreams.  If you're seeking to make a sound investment in luxury properties in the Charlotte NC area, now is truly the best time in decades to do so.  

 

Search Charlotte luxury homes or sale.  Let us help you find your luxury home in Charlotte NC - we are Charlotte luxury home specialists.

 

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Rainmaker
1,315,871
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Beautiful homes, indeed!    It seems that the movement in the luxury tier properties is just beginning, after the downturn.   

Apr 07, 2011 05:55 AM #1
Rainmaker
4,129,752
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debe, that sounds wonderful for those in the market for a luxury home in Charlotte --- hope they call YOU!

Apr 07, 2011 06:01 AM #2
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Larry Story
Total Care Realty - Greensboro, NC
Total Care Realty, LLC, Greensboro, NC Real Estate

Debe,

You know the market their better then anyone.  You know me I am partial to Myers Park but, they are all great areas. 

Apr 07, 2011 06:12 AM #3
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Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

   Wowsy Debe, there are certainly some beautiful homes in your area!  I like your title...  it's sure to spur some fence sitters! 
Pamela

Apr 07, 2011 06:28 AM #4
Rainmaker
422,786
Nevin Williams
Fairway Independent Mortgage Corporation - Cary, NC
Senior Mortgage Advisor

Debe - This is gorgeous!  I want it! I want it! I want it!

Apr 07, 2011 06:39 AM #5
Rainmaker
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Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

This is a passionate endorsement of the beautiful city of Charlotte, Debe.  And now is definitely the time to be buying those gorgeous homes.

Apr 07, 2011 06:47 AM #6
Rainmaker
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Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Debe, nice title for this post and should bring some interest and hopefully buyers!

Apr 07, 2011 07:17 AM #7
Rainmaker
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Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Debe

Charlotte North Carolina is a great city to live in and enjoy life.

Good luck and success.

Lou Ludwig

Apr 07, 2011 11:49 AM #8
Rainmaker
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Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond
Love the brick & can't get enough of it in Charlotte NC...great share Debe...thank you
Apr 07, 2011 02:14 PM #9
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William Johnson
Retired - La Jolla, CA
Retired Real Estate Professional

Hi Debe, If we ever get through this mess in our markets, these luxury homes would likely skyrocket in price and it sure sounds like the right time to buy them. Charlotte is such an amazing and beautiful community.

Apr 07, 2011 04:20 PM #10
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Steve Shatsky
Dallas, TX

Hi Debe... I was so impressed when I visited Charlotte last fall.  And I love the look of these houses... gorgeous photos!

Apr 07, 2011 04:39 PM #11
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Thanks, everyone!  And, Steve, aren't you about ready for another visit?!  You should see Charlotte right now--simply GORGEOUS!  Everything is in bloom and the neighborhoods are just breathtaking.  

Apr 07, 2011 05:32 PM #12
Rainmaker
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Barbara Hensley
RE/MAX Properties - Rockwall, TX
Homes for Sale in Rockwall County, Texas

Debe - Stunning, gorgeous, fantastic, awesome...words can not express the gracious lifestyle opportunities you present in these Charlotte homes.  Good luck in finding the perfect buyers for each.

Apr 08, 2011 01:28 AM #13
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Charlotte Homes for Sale - Charlotte Neighborhoods
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