Charlotte Real Estate: Steals and Deals in Charlotte Homes and Condos

All About Charlotte Real Estate-first time buyers, investors, and luxury home buyers

14
Nov 2008
New Homes- On Sale Near Charlotte NC
Posted in Buy A Home, New Homes by admin at 5:00 am |

Do you need a large home, six bedrooms perhaps? How about 6 bedrooms under  $350K?  A great deal, in nearby popular Fort Mill…

Massey is an amenity rich  planned community, a new home project  by Ryland 10 miles south of  Ballantyne, and they are having a killer sale on their models.

The popular Marlette- 5 br and 2 bonus rooms, at $89/sft. Yes, fully equipped, with options at 89/sf, well below replacement cost. One client I had looked at and loved this home, because she really wanted 6 br (including a guest room) and she was going to use one of the bonus rooms as an extra 6th bedroom.

Well regarded Fort Mill Schools, 15 minutes to Ballantyne, 10 minutes to Ft Mill, and a 5000 sf clubhouse awaits.

All first floor hardwoods, window treatments,   and stainless appliance, granite- $89/sf Complete. you read that right, this is the best new home deal in Charlotte today. Why is that $89/sf price so important? Because it is BELOW the replacement cost, and that means the price can not fall further- it is a price floor.

The taxes? Ridiculously low South Carolina taxes too. I’ll share the figures below the inventory table below. Three great homes, three great deals.

FLOORPLAN PRICE Sq Ft # Stories BR Bath #Bonus Rooms Cost per SF
Bloomfield C $299,422 2911 2 4 3.5 1 102.86
Marlette C $339,491
3774

3 5 4 2 89.96
Sterling A $389,749 3788 2 5 3.5 1 102.89

Taxes? Here’s how to figure them*:   Sales Price of Home x 4% x .1912, so on the Marlette, if we paid retail (we Never pay retail) at retail it is $339,491 x .04 x.1912, or $2,596 per year. A bit over 200/month, HOA are under $600 per year.

*Thanks to the excellent Ryland on site Rep.

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