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Charlotte Real Estate Blog by Angie Adams




Charlotte Area Real Estate News. Homes for Sale
Common Questions from Floridians moving to the Carolinas


Do you build homes out of concrete, center block and cement that withstand winds up to 150 miles per hour?

Answer: In Charlotte hurricanes and tornadoes are very rare. The last hurricane was Hugo that came up our way in 1989. It hit Charleston, SC

and lost strength by the time it got to the Charlotte area. There were downed trees and power lines and we were very unprepared.

Homes are mostly stick built with lumber and timber. Wood can be very flexible under loads, keeping strength while bending, and is incredibly strong when compressed vertically. Most homes in our area have brick, stone, hardy plank or vinyl siding.

How long are the warranties on a new roof? 5, 10, 15 or 20 years?

Answer: Warranties in our area on new roofs are generally 20 or 25 years, depending on the supplier.

It is supposed to rain this weekend in your area. I don’t want to come to Charlotte in a storm.

Answer: Our rain storms are mild compared to Florida’s tropical rain storms. I personally would welcome the much needed rain here in the Carolinas.

I heard your homeowners insurance and property taxes is so much lower. Is that true?

Answer: The average Homeowners Insurance in the Charlotte region is $700 to $800 a year on a $350,000 home. Property taxes are about 1.29 per 100 in Charlotte, Mecklenburg County. If you would live on the South Carolina side of greater Charlotte (York and Lancaster County) you will save 40% to 50% of property taxes since they have done away with the school tax for owner occupied homes.

My association fees run $200 a month on my home in Florida. Can I save on those fees in Charlotte?

Answer: I have seen association fees on a home in the Charlotte area for about $400 to $1200 a year depending on the amenities. A home with maintained yard it is up to $170 a month.

The City of Tega Cay, for example has all the amenities including a golf course with club house, beaches, swim club, tennis, walking trails, but you only pay for what you actually use. There are no mandatory association fees in Tega Cay.

With the national housing trend, how come Charlotte homes are going up in value?

Answer: The Charlotte area grew with about 75,000 newcomers alone last year. Of them 60% are from NY and NJ area, the rest of the influx is from Florida and California. We had a modest increase on home prices every year (4% to 14%) and it helped us prevent a housing bubble.

I appreciate your feedback!


Also see my website www.AngiesWeb.com 

Published Thursday, October 18, 2007 10:42 AM by Angie Adams NC/SC REALTOR® Broker


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