Local

Articles about events or happenings helping to shape the Charlotte area in general.

Found 79 blog entries about Local.


Buying and Selling a Home at the Same Time in North Carolina

So, you’re buying and selling a home at the same time in NC? It’s a scenario we see a lot. In fact, very few of our clients aren’t facing some kind of buy/sell timeline dilemma. Thankfully they’ve got options.

One of the services we offer our clients is guidance through complex transactions. At Hendrix Properties, we see our value-adds as our years of experience, our local real estate knowledge, and our outside-the-box thinking.

Here are your five best options if you’re simultaneously selling and buying a home in North Carolina.

 

Option 1 - Pay cash. 

Let's get the most obvious option out of the way first. If you can afford to pay cash for your next home, it’s an

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As of the end of July 2017, the median price for a Charlotte area home rose again. The increase this month was 9.8% to a new average of $236,000. In the last year, that is an increase of $21,000. Inventory continues to be low, dipping almost 20% as compared to last July. This equates to a 2.6 month supply of home for buyers. Thus, the decrease in inventory seems to be informing the higher purchase price.

If you have any questions related to this data, or are ready to list, get in touch.

 

 

 

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sell-charlotte-condo

How to Make Your Unit Stand Out

 If you're considering selling your Charlotte condo or townhome, you may find it hard to differentiate your property. Most units within a neighborhood have the same layout. The only difference may be the size and number of bedrooms and bathrooms. The amenities, location and exterior are all the same. So what will make your unit stand out? How can you get the best price?

Function

Most condos and townhomes aren’t spacious. But there are different elements you can add to maximize functionality. These elements can also add design and style. This can make all the difference in selling your Charlotte condo or townhome.

Barn doors are very popular right now. They are a great blend of function and style. Use a barn

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listing-charlotte-property

Don’t spend a dime until you talk to an agent

If you’ve made the decision to list your Charlotte property that’s great. Now please don’t spend a dime on renovations until you talk to an agent.

You may be a great DIYer and have ideas about what to improve, but a real estate agent understands all the nuances of a market. They can tell you improvements worth doing or if you should do anything at all.

An agent will give you an honest assessment about the condition of your home. There’s no sugar coating the realities of your property – whether that be worn out carpet or outdated bathrooms. Every buyer wants a move-in ready home. But few homes are really move-in ready. If you’ve lived in your property a short time or 20 years, there’s going to be

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sell-your-charlotte-home

Even though it’s considered a seller’s market right now that doesn’t mean you shouldn’t make some upgrades before listing. If you want to sell your Charlotte home for top dollar, every little thing you do could yield a better selling price.

We recommend you always consult with a real estate agent before doing any work, as they can provide insight into what buyers want. Based on our years of experience, we do have six ideas that you can probably do yourself!

Scrape popcorn ceilings

Popcorn ceilings immediately date a property. They often look dingy and cobwebs are harder to control versus a flat ceiling. Scraping ceilings is a relatively low cost option for updating and increasing your home’s value. According to Home Advisor, the cost is

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Wonderful ranch style home in the popular Wedgewood North neighborhood in north Charlotte. With brand new hardwoods and carpet throughout, a large and flat back yard, newer heating and air and hot water heater (within last 5 years), and cul-de-sac location, this home will surely go fast. As of the date of this post, this is by far the best value for a ranch style home anywhere within a 10 mile radius including Huntersville, Cornelius or the 28216 zip code, in terms of price, location, and characteristics of the home. 

For a personal viewing, please call or text me (Chad Hendrix) at 704-737-4400 or email me at chad@hendrixproperties.com. Also, if you're a homeowner looking to sell, let's discuss that as well. No one will work harder to get the job done for

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You’ve heard of active adult communities before.

They go by a lot of names: 55+, Independent Living Communities, Age-Restricted…they’re all generally the same thing, and there are a lot of new developments popping up all over the country. Active Adult Communities in Charlotte are positively booming, and there are now over a dozen different developments in the area to choose from.

There are, of course, a ton of benefits to buying in a 55+ neighborhood! Pre-planned amenities, a built-in community of peers, and of course, no kids waking you up at 6am or hogging all the pool chairs. But what is life really like inside an active adult neighborhood?

Here’s what to know about living in today’s 55+ community.

Expect Growth

And by “growth” we

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Charlotte isn't exactly known for being a biker's paradise, but we're working on it.

The city's made huge strides in the last few years to become more bike-friendly, from community events to better bike lanes to a popular city-wide bike-sharing system. Whether you like to bike to work, ride the trails, or cycle for exercise, there's a bike-friendly neighborhood in Charlotte that will work for you.

Where are Charlotte's most bike-friendly neighborhoods? If you're looking for a house that can serve as your launching point for some serious bike adventures, consider these six 'hoods. You might be surprised.

1. Plaza Midwood

Plaza Midwood has a lot of superlatives: The "trendiest," the "foodiest," and the "coolest" neighborhood in

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Is it the right time to downsize your Charlotte home?
Unequivocally, yes.

We work with home buyers every week who have (smartly) decided that now's a good time to sell the family home and settle into something a little more manageable. What market-specific and economic factors make now a good time to downsize in Charlotte? We break down the factors one-by-one.

1) Charlotte is a very much a seller's market.
2) Developers in CLT are investing in Boomer-ready properties.
3) "Downsizing" is more economically viable than its ever been.

Charlotte: The Seller's Market to End All Seller's Markets

By far and away the biggest reason to sell your home and move into something a little smaller right now in Charlotte is that the market still favors

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Active adult communities are one of the biggest trends in real estate. These neighborhoods, designed specifically to appeal and cater to retirees, are popping up all over the country and in some cases house thousands of residents. Here in Charlotte, there are over two dozen active adult communities and growing.

In a nutshell, active adult communities provide for independent living (i.e. no “assistance”) with a variety of community-accessible amenities. In most cases, these communities require a high percentage of residents to be 55+, hence their nickname “55 and Older Neighborhoods.” Why do people buy in these neighborhoods? Because they offer a community vibe, ready-made peers, and luxury amenities that would be hard to come by otherwise.

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