C H A R L O T T E
Real Estate News
home design
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dedicated to showcasing charlotte’s distinctive homes
“Cornelius is active and energetic, and its personality is sweet and lively. It’s been able to maintain its small-town feel.” – Michelle Rhyne, Premier Sotheby’s International Realty
Charming Cornelius This small Lake Norman town lives big - story on page 4
design instyle
association answers
real estate trends
straight talk
Stay-cation p10
Artificial grass p16
When’s the best time to buy a home? p18
Small projects, big accomplishments p22
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| THE CHARLOTTE OBSERVER
|real estate news
what’s new? compiled by Whitney Berongi
HOPPER COMMUNITIES LAUNCHES SALES AT SOUTH END TERRACES Residential developer Hopper Communities recently launched sales for South End Terraces, a new townhome community in the South End neighborhood. On the first day of sales, three new homes went under contract, showing there is demand for new residential opportunities in South End. Located at the intersection of Remount Rd. and Norfolk Ave., South End Terraces will consist of three-story townhomes with optional rooftop terraces and bonus rooms. The first phase of 10 units will have private fenced-in backyards and extended driveways, something unique to the infill area of South End. The two-bedroom units will start in the mid $300,000s and will be 1,350 square feet. Each townhome will feature contemporary architectural style, modern interior design, expansive windows, hardwood floors, quartz countertops and stainless steel appliances. The seven-building community will be walkable to the New Bern light rail station and popular breweries, retail and restaurants. Residents can also enjoy easy access to the Rail Trail, a 3.5-mile walking and biking trail that extends into Uptown. Hopper Communities is currently building Uptown West, a 74-unit townhome development in historic West End; Kings Square, a luxury duet-style development in Myers Park; and Myers Park Terraces, a townhome community adjacent to Park Road Shopping Center. Kevin Thompson and Jill Miller of Helen Adams Realty are handling sales for South End Terraces. For more information, visit www.southendterraces.com.
Your trusted source for local news.
COVID-19 IMPACTS APRIL HOME SALES COVID-19 and the economic crisis continued in April, impacting the buying and selling of residential real estate in the Charlotte region. Sales fell 20.8 percent yearover-year, with 3,534 homes sold in April 2020 compared to 4,464 homes sold in April 2019, according to data from Canopy MLS. Closed sales compared to March 2020 were down 16.9 percent. Year-to-date sales show the Charlotte region’s sales up 0.7 percent compared to sales during the first four months of 2019. Pending contract activity, which is usually an indication of buyer demand and future sales, declined 17.6 percent year-over-year as buyers complied with state and county stay-at-home orders, resulting in 4,045 contracts signed in April 2020. Compared to March 2020, contracts declined 15.7 percent. While home sales declined, home prices are still strong. Though the average list price in April 2020 ($336,523) was down 4.1 percent year-over-year, both the median sales price ($275,000) and the average sales price ($325,403) rose 8.1 percent and 7.1 percent, respectively, compared to prices last April. New listings, which are typically a sign of seller confidence, fell 26.6 percent year-over-year with 4,258 new listings posted during the month. Compared to March 2020, overall listing activity was down 28.2 percent as sellers, showings and open houses were put on hold. Inventory was down 24.9 percent year-over-year, and the region continues to experience strong seller’s market conditions. The 16-county Charlotte region currently has 1.8 months of supply, compared to 2.5 months of supply last April. The average number of days a property was on the market from the time it was listed until it closed (list to close) was 89 days. The Canopy Realtor Association provides monthly reports on residential real estate market activity for the Charlotte Metro region based on data from Canopy MLS. For more residential-housing market statistics, visit www.carolinahome.com and click on “Market Data.” Email real estate news to homedesign@charlotteobserver.com.
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Superior Client Service in cornelius & the greater charlotte region "Loved working with Carol, she was very helpful and and answered all our questions quickly. Would recommend her to family and friends without hesitation!" Deb P. "Carol is a professional who understands the needs of her client, the market, and works to match the client with the right property. She is determined to work for her client until they are satisfied. I'd absolutely recommend her to work with." Andrew V.
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|living in Cornelius
DID YOU KNOW? Pam Boileau’s listing on Torrence Chapel Road is currently being featured on the internationally acclaimed television show “Selling Mega Mansions” and is one of only four in North Carolina to ever be featured on the show. The home is available for private showing and is listed at $3,999,900.
by Julie Cooper
W EAT Big Bite’z Head here for quick, fresh and always delicious Greek gyros, onion rings and burgers. bigbitez.com
PLAY Ramsey Park Take the family to this waterfront park for fun on the public beach, miles of walking trails, picnic areas, tennis, pickleball courts and playgrounds. mecknc.gov
EXPLORE Charlotte Cycleboats Check out Lake Norman with 19 of your closest friends while getting some exercise at the same time on this pedal-powered, BYOB, ecofriendly tour boat. charlottecycleboats.com
hen Lake Norman was formed, Cornelius gained 54 miles of shoreline—and just as much sunshine. With the lake, the parks, its convenient location and welcoming residents, Cornelius is one of the happiest areas in Lake Norman. “Cornelius is active and energetic, and its personality is sweet and lively,” says Michelle Rhyne with Premier Sotheby’s International Realty. “It’s been able to maintain its small-town feel. No matter where you go in our highly diverse community, you’re guaranteed to run into someone you know.” This small town has everything within its beautiful borders, beckoning folks outside to enjoy all of its shopping, restaurants, parks and natural splendor. “We have a championship golf course, 10 public parks, vibrant retail and office centers and restaurants for whatever pleases the palate,” Rhyne says. “Pho NC is one of my new favorites, and Sangnam Indian—no words, just delicious! 131 Main, Big Bite’z, Alton’s, Port City Club, El Torro and Tenders are all favorites as well.” “Cornelius has a true downtown,” adds Pam Boileau with Ivester Jackson Distinctive Properties. “The neighbors are friendly, and it has some of the best shopping, restaurants, entertainment venues and cultural opportunities that most larger urban areas offer. That, along with the beauty of Lake Norman, is what draws people here.” Including Boileau herself. She has lived all over the Charlotte region,
from Uptown to Pineville, and can’t stay away from this charming lake town. “Cornelius is unlike any other place I have lived in the Charlotte region,” she says. “I even lived here before and came back because I love the area. Being a water person, I must be in, on or near the water in order to be fulfilled. There’s just such a calmness about being at the lake, and there are very few areas in the world where I have seen such amazing sunsets.” Whether fishing, sailing, kayaking, swimming or walking along the water in one of the area’s many parks, Lake Norman has a lot of fun and serenity to offer. Its allure is felt around the globe. “We have a strong international community here. Cornelius draws people from all over the world,” says Boileau. “We are less than 25 miles to the Charlotte International Airport and Uptown. With the completion of I-77, you can now get to the Blumenthal Performing Arts Center or the Bank of America Stadium in less than 17 minutes.” The diverse range of real estate is also a pleasant surprise for a town of its size. “We have several planned communities, so there’s a neighborhood for everyone,” says Boileau. “For those interested in a countryclub lifestyle, The Peninsula is perfect. If an active 55-plus community is preferred, we have The Courtyards at Lake Norman and Bailey’s Glen plus a few more being developed.” “A new development called Watermark, consisting of mid-rise condos on the water, is currently under construction too and has some units
already being lived in,” Boileau continues. “Most communities are now built out, and waterfront properties are hard to come by. That’s why there’s a trend to buy waterfront with a home or two on it that will be torn down for new construction.” Even with the constraints of COVID-19, the real estate market in Cornelius is hot as ever. “With everything going on in the world today, the Lake Norman market, and especially the Cornelius area, is still thriving,” says Boileau. “Now that real estate is essential and homes can be shown again, showings are almost parallel to those during this time last year. Homes are going under contract at impressive rates.” It comes as no surprise that people from all over want to make Cornelius their home base. The area is full of lakeside fun with all of today’s modern amenities—but above all else, it’s a community that cares. “Cornelius has the Neighborhood Care Center right in town on Smith Circle,” says Rhyne. “It offers a variety of opportunities for the community to give back.” There’s The Bike Shop where kids learn and earn bikes by completing tasks and community service. Learning Zone is for elementary children who don’t have access to WiFi. “iCare Mentors, Spanish Partners, school break activities, ESL workshops, Little Tree of Knowledge and guitar lessons are all housed there too,” she says. “Living in Cornelius is unique in that all of this is available, and yet we’ve been able to maintain that smalltown feel.”
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living in Cornelius| PATRICKS PURCHASE 19709 Stough Farm Road, Cornelius, NC 28031 Price: $1,350,000 MLS: 3614355 Listing Agent: Michelle Rhyne, Premier Sotheby’s International Realty, 704-622-0626, michelle. rhyne@premiersir.com Breathtaking views from this charming home that enjoys a prime location in one of the most sought-after neighborhoods. Large private lots with mature landscaping and peaceful, quiet settings. Generous outdoor space with beautiful gardens and an oversized Trex deck that spans the length of the house. A new pier, double roofed floating dock with double lifts, a boat house with a launch pad and winch. Three spacious bedrooms, a large master with views, a remodeled master bath and a walk-in closet. Walls of Anderson windows and doors for perfect panoramic views of the lake. Tankless hot water, large heated and cooled workroom just off the garage. Remodeled kitchen. Office or sunroom with reclaimed wood floors.
CONTRACT PENDING
MLS# 3497632 | $2,999,999 159 & 155 Asbury Circle, Mooresville
MLS# 3397526 | $1,550,000 18528 Nantz Road, Cornelius
MICHELLE RHYNE
MLS# 3571574 | $1,390,000 114 Hickory Hill Road, Mooresville
MLS# 3614355 | $1,350,000 19709 Stough Farm Road, Cornelius
MLS# 3608609 | $775,000 627 Fern Hill Road, Mooresville
MLS# 3566378 | $1,925,000 279 Old Rail Road, Mt Airy, NC
MLS# 3588616 | $1,290,000 21204 Senlac Lane, Cornelius Contact me today for a consultation on how your home can be marketed in North Carolina and around the world.
704.622.0626 Michelle.Rhyne@PremierSIR.com MichelleRhyne.PremierSothebysRealty.com 19825 North Cove Rd, Cornelius, NC 28031 PremierSothebysRealty.com Sotheby’s International Realty® and the Sotheby’s International Realty logo are registered service marks used with permission. Each office is independently owned and operated. Equal Housing Opportunity. Property information herein is derived from various sources including, but not limited to, county records and multiple listing services, and may include approximations. All information is deemed accurate.
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|living in Cornelius BELLE ISLE 16315 Belle Isle Drive, Cornelius, NC 28031 Price: $3,995,000 MLS: 3619940 Listing Agent: Lori Jackson, Ivester Jackson Distinctive Properties, 704-996-5686, lori@ ivesterjackson.com Waterfront chateau perched above the shores of Lake Norman. European-inspired gated estate crowns the tip of beautiful Belle Isle. Waterfall cascades to sunset vistas from stone terraces and tidal pond. Sit by the fire pit or outdoor fireplace and enjoy the graceful lawns and landscape. Enjoy entertaining in the lake level with European bar, wine cellar, home theater and billiard area. Breakfast room with stained-glass window, and gas fireplace opens to gourmet kitchen with wood beams, center island, granite counters, AGA oven/ stove gas cooktop and griddle, copper veggie sink and walk-in pantry. Master retreat with lake views. Two walk-in closets. Master bath with glass-enclosed shower with rain shower, body sprayers and dual shower heads. So many features, smarthouse, cameras, whole house water filtration, generator.
THE PENINSULA 18318 Town Harbour Road, Cornelius, NC 28031 Price: $1,825,000 MLS: 3586538 Listing Agent: Lori Jackson, Ivester Jackson Distinctive Properties, 704-996-5686, lori@ ivesterjackson.com Wall of windows showcasing picturesque lake views in this charming lakeside home full of natural light. Exclusive yacht club vista and private cove make this a one-of-a-kind spot on the lake. Elegant two-story lakeside great room features a double-sided fireplace and stainedglass circular accent windows with access to the upper level balcony overlooking the resort style pool. Private pier, great entertaining spaces. Lake-level great room with 10-foot ceilings, wood paneled accent wall, double-sided floor-toceiling stacked stone fireplace, pool table area with ample windows and a bar area. Master on main with French doors, trey ceiling, six bay and transom windows for wide-range lake views.
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living in Cornelius| 100 NORMAN PLACE 16741 100 Norman Place, Cornelius, NC 28031 Price: $3,249,000 MLS: 3602830 Listing Agent: Lori Jackson, Ivester Jackson Distinctive Properties, 704-996-5686, lori@ ivesterjackson.com Exquisite French chateau on point lot with 320 feet of shoreline and long-range sunset views. Limestone and stucco exterior with custom mosaic murals. Onyx tile ceiling, inlaid tiles, wood-carved and decorative iron railings, detailed trims and doors, groin vault and barrel ceilings, carved marble fireplaces, inlaid wood floors. Four-car garage with modular floor, two post car lift, Gladiator system, back driveway. Lakeside conservatory with glass dome cupola, wood-paneled office with coffered ceiling, wine cellar. Unique floors such as rain forest stone, onyx and rare Moroccan fossil stone. Covered veranda with retractable screens, fireplace, concealed hot tub. Cast iron spiral staircase leads to wood-vaulted observatory tower with lake view. Wake up to two-sided lake views from the owner’s suite.
THE PENINSULA 18332 Harbor Light Boulevard, Cornelius, NC 28031 Price: $2,450,000 MLS: 3611126 Listing Agent: Pam Boileau, 704-905-0366, pamb@ivesterjackson.com, Ivester Jackson Distinctive Properties Located on The Peninsula’s most desirable street, this three-level waterfront home has long-range views from almost every room and is a short walk to the PYC. Over 100 feet of shoreline and a covered boat slip. Two-story foyer with spiral staircase and travertine flooring. Open kitchen/eat-in/gathering area features a chef’s kitchen with Thermador six-burner range/ oven with grill, SubZero fridge/freezer, two Bosch dishwashers, granite countertops. Master on main has another fireplace, door to the terrace, oversized shower and soaking tub. Second master on upper level with two other bedrooms; one ensuite. Lake level is perfect for entertaining with expansive open space, fireplace and second kitchen.
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YO U R T R U S T E D G U I D E TO
Lake Norman’s
$3.999 M
$3.5 M
MOST DISTINCTIVE HOMES
WATERFRONT IvesterJackson.com | Info@IvesterJackson.com | 704.499.3054
CORNELIUS
MLS 3448085 | 21123 Torrence Chapel Road Agent: Pam Boileau 704-905-0366
$2.45 M
MLS 3510518 | 17324 Wavecrest Court Agents: Colleen Ludington 704-621-0066 Tracy Davis 704-779-9750
$2.4 M
THE PENINSULA | CORNELIUS MLS 3611126 | 18332 Harbor Light Blvd. Agent: Pam Boileau 704-905-0366
$1,279,500
THE PENINSULA | CORNELIUS
SOLD
$1.675 M
$1.599 M
PATRICKS PURCHASE | CORNELIUS MLS 3566443 | 19300 Mary Ardrey Circle Agent: Pam Boileau 704-905-0366 Closed representing buyer
$999,500
MLS 3578652 | 18912 Peninsula Point Dr. Agent: Pam Boileau 704-905-0366
PENINSULA AREA | CORNELIUS
JUST LISTED
WATERSIDE LANDING MOORESVILLE
MLS 3619809 | 108 Pebble Brook Lane Agent: Julie King Lopez 704-451-4001
WHY I V EST E R JAC KS O N CHRISTIE’S?
CORNELIUS
MLS 3593335 | 18930 Brigadoon Place Agents: Tracy Davis 704-779-9750 Lori Ivester Jackson 704-996-5686
$895,000
HUNTERSVILLE
MLS 3601669 | 16318 Stinson Cove Road Agent: Meredith Hall 704-905-8400
LOOKOUT POINT | HUNTERSVILLE MLS 3525830 | 16201 North Point Road Agents: Reed Jackson 704-713-3623 Patty Howe 704-651-2529
$419,900
UNDER CONTRACT
EDGEWATER PARK | MOORESVILLE MLS 3568932 | 149 Culpeze Road Agent: Ru Zang 616-240-4663 Pending representing seller
• Over 1300 affiliate offices worldwide • Engage the world’s most affluent audience • Local expertise, tailored service, Christie’s credibility
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- The Charlotte Col lection $4.4 M
$2.295 M
GRACY MANOR | WAXHAW
MLS 3587448 | 840 Marvin Road Agents: Tracy Davis 704-779-9750 Alison Smith 704-996-6747
$1.995 M
$1.725 M
CARMEL ESTATES WEST CHARLOTTE
MLS 3618461 | 5921 Masters Court Agent: Lisa McCrossan 704-620-0328 $1.395 M
LONGVIEW | WAXHAW
MLS 3589624 | 201 Oakmont Lane Agent: Lisa McCrossan 704-620-0328
JUST LISTED
ELIZABETH | CHARLOTTE
2532/2536 Vail Avenue Agent: Lillian Isaac 704-492-8706
LONGVIEW | WAXHAW
MLS 3589042 | 405 Eagle Bend Drive Agent: Lisa McCrossan 704-620-0328
$1.25 M
THE SANCTUARY | CHARLOTTE MLS 3518521 | 10709 Hermit Thrush Lane Agents: Alison Smith 704-996-6747 Tracy Davis 704-779-9750
IvesterJackson.com Info@IvesterJackson.com 704.499.3054
$2.295 M
LONGVIEW | WAXHAW
MLS 3585966 | 8606 Longview Club Drive Agent: Lisa McCrossan 704-620-0328
$1.695 M
LONGVIEW | WAXHAW
$1,999,999
THE SANCTUARY | CHARLOTTE MLS 3597179 | 13031 Ninebark Trail Agent: Liza Caminiti 704-526-6695
$1.475 M
WHITEGATE | CHARLOTTE
MLS 3581687 | 8513 Longview Club Drive Agent: Lisa McCrossan 704-620-0328
MLS 3609941 | 8717 Clavemorr Glen Court Agent: Betsy Stec Market 704-619-8603
$1.017 M
$827,000
HIGHGATE | WEDDINGTON
MLS 3607317 | 3018 Kings Manor Drive Agent: Lisa McCrossan 704-620-0328
JUST LISTED
EASTOVER | CHARLOTTE
MLS 3614564 | 158 Perrin Place Agent: Arline Wilson 704-619-2825
Offices Charlotte Lake Norman Asheville
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Photos courtesy of Crate & Barrel
|design instyle
Stay-cation Up your backyard game to create the vacation atmosphere of your dreams by Vicki Donatelli
A
s summer plans continue to evaporate, it’s up to you to become your family’s entertainment director. This isn’t an article about backyard games or anything digital. It’s about upping your game and transforming your backyard into a first-class resort. What is it about traveling that you enjoy? Seeing great sites,
relaxing, dining in famous or exotic restaurants? For most of us, it’s all the above. So how do you stay home and recreate that atmosphere? Just like any fine resort manager, you need to access your assets. What do you currently have to work with, and what needs replacing or refreshing? Start with the basics. You
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BATHROOMS • KITCHENS ROOM ADDITIONS OUTDOOR LIVING AREAS
SCREEN ROOMS • SUN ROOMS
wouldn’t want to vacation at a substandard, dirty hotel. So, if your patio or lawn furniture needs power washing or a fresh coat of stain, get on it. Perhaps you don’t have a place to relax and lounge in the style you’d like to have. Meet your new best friend— outdoor rugs. They are affordable, easy to clean and have the visual ability to create an environment wherever they’re rolled out. If you have a beautiful shade tree surrounded by lawn, gravel or pine straw, claim that space as your new hangout. Spread out the rug. Top it with some comfy lounge furniture and accent it with bright, colorful pillows. Go Moroccan. Soften hard surfaces around the pool or patio by layering
outdoor rugs. Add a stack of floor pillows. Scatter cute side tables that are low enough to access from the ground. Add a couple slender framed chairs— or a settee for those who prefer sitting over lounging. Don’t forget a few tin lanterns with candles. Suddenly you’re in Marrakesh. Longing for a cozy evening by the fire? Order a load of gravel, lay out a couple layers of landscape fabric and spread out the gravel. Top it off with a fire pit and chairs. Don’t forget the accessories—lots of lanterns lit by candles. String party lights from the tree branches and bring out the s’mores. It’s an evening in Michigan or Colorado. Don’t forget fine dining. If you’re still using paper plates, it’s time to step up
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your game. There are so many beautiful, affordable Melamine dinnerware collections to transform any simple meal into a special occasion. Colorful plastic glassware and ice buckets complete your casual, stylish dining space. It’s all about the presentation. We are longing to be entertained in style. Set the mood. If you are having tacos tonight, don’t just sit them out on a plate. Turn the evening into a trip to Mexico. Ice down a variety of jarritos, some great Mexican beer or bring out the blender for margaritas. Outfit a table top with all the fixings for guacamole and designate the most capable family member to create this favorite treat. Make the tacos on the grill or try something new, like elote or chilaquiles. Finish out the evening sitting by the fire with homemade Horchata cupcakes. You can create a fun escape evening
with any theme—French, German, Italian. It’s about the effort and making the evening and atmosphere special. Don’t forget one of the most important aspects of vacationing: clothes. Nothing feels better than a quick afternoon shower and slipping into a pretty sundress or linen shorts and a soft t-shirt. And just like on vacation, stroll out to your new lounging area and enjoy a cool beverage in a pretty glass. This week I’m taking my family to Rome with pizza on the grill!
Vicki Payne Donatelli is an interior designer, project coordinator and popular speaker for renovation and new construction projects. She is the host of the national PBS series “For Your Home.” Visit her blog at ForYourHome.com.
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Luxury
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5 5 + AC T I V E A D U LT C O M M U N I T I E S
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|association answers
Court upholds HOA’s prohibition on artificial grass by Ben Karb
This column is written by my colleague, Ben Karb. Ben regularly advises boards of directors of homeowners associations and condominium associations about all areas of community association law, and he also works with buyers, sellers and developers with all types of commercial real estate transactions, especially those involving the formation of condominium and homeowners associations. – Mike Hunter
H
omeowners and HOAs appreciate lush grass, but some homeowners got their hands dirty when they put down artificial grass without permission. The North Carolina Court of Appeals in Martin v. The Landfall Council of Associations issued a semi-important (more on this below) opinion regarding the authority of HOAs to enforce architectural requirements and to collect attorney’s fees. Here’s the dirt: The Martins owned a home in Landfall, a golf-course community in Wilmington. The HOA’s architectural guidelines require that before any plants or vegetation can be planted, an owner must first obtain architectural committee approval. The governing documents required all lots be “sodded.” The Martins’ shaded property yielded little grass, despite repeated attempts to grow grass and after pruning the trees. The Martins requested that the architectural committee approve artificial grass, or artificial “sod,” as they put it. The committee denied the request. Undeterred, the Martins laid their artificial sod anyway. The HOA, willing to play in the mud, held a hearing and found the Martins in violation of the guidelines, and it levied fines of $100 per day against the Martins for their failure to obtain architectural
approval. The Martins sued the HOA and the HOA countersued, and so began a scorched-earth, multi-year lawsuit. The Martins argued that a legitimate question existed whether artificial grass meets the definition of “sod,” but the court said it did not matter. The owners’ failure to obtain prior approval was grounds alone to justify the fines. Moreover, the committee’s response followed prior court guidance: that the committee provided concrete suggestions about what was needed to comply, and that a valid reason existed to reject the application. Although the court’s opinion briefly grazed over it, apparently the committee made its determination by “consensus” (apparently it was held without a vote without strict corporate formalities), without a formal vote The worm turned for the Martins when two different judges, at separate hearings, rendered inconsistent decisions about the same legal issues. A first judge sided with the Martins and held that the case must proceed to trial since factual issues existed, whereas a second judge determined there were no factual issues in dispute. A second judge cannot overturn a first judge on the same legal question, and, thus, the Martins could proceed to
trial to determine the amount of damages and whether the HOA could foreclose. The final legal issue was whether the HOA was entitled to recover its attorneys’ fees, which are normally awarded at the discretion of the judge. Enter the Planned Community Act. The Planned Community Act (the condominium statutes have an identical provision) states that the prevailing party “shall be entitled to recover the reasonable attorneys’ fees and costs it incurs in connection with the collection of any sums due.” The use of the word “shall” within the statute mandates that fees be awarded, said the court. This case could have been impactful, but the appellate court got stuck in the mud. For reasons unknown to the general public, the court did not “publish” its decision; in layman’s terms, this case is not binding on later courts (it is persuasive nonetheless). While the court could
have disused the legal effect of rules and regulations, the committee’s “consensus” decision, or other important HOA concepts, it did not. There are still takeaways and lessons learned. First, the decision reiterates the two components to architectural decisions: completion of the architectural change as proposed, but the first, more basic requirement to submit a request. Owners who fail to abide by either requirement do so at their peril. Second, fines of up to $100 per day can be levied and foreclosed if an owner fails to comply with architectural requirements. Third, statutes mandate that attorney’s fees are collectible by the prevailing party in a dispute over sums owed. Finally, committees and boards must supply an owner with sufficient information to help the owner meet the architectural requirements, but if supplied to the owner, architectural decisions are generally upheld by courts.
Charlotte attorney Michael Hunter represents community and condominium associations for the firm Offit Kurman Horack Talley. Email questions to commonelements@ offitkurman@com. Not every question receives a reply. Find his blog at CarolinaCommonElements.com.
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|real estate trends
When’s the best time to buy a home? Local experts weigh in on when you should pull the trigger on buying a home, and how the current economic situation may impact your decision
F
irst and foremost, the best time of year to buy a home is when you’re ready. But there are seasonal trends you may want to know about to maximize your search and ensure you find the perfect home for you and your family, along with special considerations that may impact your home buying experience. INVENTORY VS. AFFORDABILITY Katie Brown with Scarlett Property Group at eXp Realty says that in ordinary markets the most popular time of year to buy a home is spring or summer, since many people want to be settled for
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CINDY BARNES BEAUTIFUL 62 ACRE PRIVATE RETREAT 599 CHARLIE STACKS ROAD No plane, no train! Short drive from Charlotte. Great hunting! Lancaster Co. $500,000 ~ MLS# 3497885
3736 SURRY RIDGE COURT Fresh & bright, custom home in South Charlotte. Updated kitchen & master bath. MLS# 3599355 ~ $475,000
the start of the school year. But in the past few years, the market has been so strong she and her colleagues have been showing homes non-stop yearround. “We have been operating in a sellers’ market,” Katie says. “So we have been faced with a lot of multipleoffer situations that have been driving
the pricing up.” According to Melissa Brown of Helen Adams Realty, while spring and summer are typically busier seasons for real estate, prices also tend to be higher during that time of year. In the winter months homes tend to be more affordable, but there is also
Considering downsizing? Overwhelmed? OR need to sell “AS IS”? If you need a place to start, call me for a practical, step-by-step approach.
HAND IT OVER
Cindy.Barnes@allentate.com | (704) 367-7203
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lower inventory since fewer people are moving—so it’s a bit of a tradeoff. These aren’t hard and fast rules, but you can usually see these trends in MLS prices. Understanding these trends can help you make a more informed decision when it comes to deciding when to take the home purchasing plunge. CURRENT CONSIDERATIONS With the COVID-19 pandemic and the economic toll it’s taken on the country, some potential homebuyers have become more cautious, especially if they’re concerned about their jobs or financial futures. On the flip side, some homebuyers may be taking advantage of lower interest rates to save on new mortgages. The lower your interest rate, the more home you can afford, explains Melissa. A good rule of thumb is that for every percentage point decrease in your mortgage interest rate, you’ll have about 10 percent more purchasing power. So, for instance, if you could afford a $360,000 home at
Custom Homes for Sale near SouthPark
Craftsman-style homes with high-end finishes throughout. Built-ins in the Family Room, granite or quartz in all bathrooms, tankless gas hot water heater, and much more.
5443 Glen Forest Dr. Charlotte
5433 Glen Forest Dr. Charlotte
Contact us for complete details or to schedule an in-person or virtual tour. info@sheacustom.com | 704.602.3333 sheacustom.com Sales: Shea Group Services, LLC DBA Shea Realty (NC: C21630; SC: 10424). Construction by Shea Custom, LLC (NC: 68244; SC: G116078). This is not an offer of real estate for sale, or a solicitation of an offer to buy, to residents of any state or province in which registration and other legal requirements have not been fulfilled. Trademarks are property of their respective owners. Equal Housing Opportunity. *Price for this home does not include closing costs, application of incentives, includes costs for certain options and upgrades, specific list of which is available at the Shea Custom sales office, and is subject to change.
• • • • • •
4 BD, 3.5 BA, 3,699 sq ft, .46 acre lot 3-Car Garage, Rec Room; 2 Rear Porches First-floor Guest Suite; Study w/ French doors Second-floor Owner’s Suite w/ private access to covered rear deck KT w/ 6 burner gas cooktop, quartz counters Complete this Summer - $799,510*
• • • • • • •
4 BD, 3.5 BA, 3,572 sq ft, .47 acre lot 3-Car Garage, Rec Room & Loft Study w/ French doors; Rear Covered Porch First-floor Owner’s Suite Elegant Dining room w/ arch & 12’ ceiling KT w/ grey cabinets, quartz counters, SS farm sink Complete this Summer - $787,969*
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a 5 percent interest rate, you’d be able to afford roughly a $400,000 home at a 4 percent interest rate. This means buyers who are financially able to buy a home right now may be able to afford “more house” than they could before. NEXT STEPS With the lifting of the stay-at-home order in Mecklenburg County, sellers are now able to show their homes inperson again. While some people may be cautious to jump into the market due to the economic turmoil brought on by COVID-19, most people still believe that real estate is a smart place to invest your money. Unlike the economic crisis of 2008, the current economic slump has been event-based and not brought on by a housing bubble, so there is good reason to believe the real estate market will make a strong recovery. Once the coronavirus pandemic ends, Katie Brown says there will most
New Homes with ELEVATORS! Grand 704-389-0074 Opening!
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Individual Elevators in every home Starting in the $200k's 2200 SqFt 3 bedroom + Loft Private Covered Patio 2 Car Garage Community Boat/RV storage LOW Maintenance Living! VillasofCowansFord.com
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LOT 1 PINE MOSS Customize this Lake Wylie waterfront dream home to YOUR specifications and Six King will build it for you on this 3.81 AC lot w/Master and terrace overlooking water and your dock. $1,060,000
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LOT 4 PINE MOSS Custom Craftsman Cottage will be built for you on this 1.63 acre waterfront lot w/dock. Full finished basement to customize any way you like with Six King. $813,000
Robin knows DIRT!
4721 BETTY DAVIS DR. LAKE WYLIE Past winner of Charlotte’s Green Home of the year award will dazzle you with luxurious custom features, 1.4 acres on the main channel. Private beach and Clover Schools! $863,000 172 AcresCharlotte CharlotteHwy Hwy between 172 Acres 172 Acres Charlotte Hwybetween between 172 Acres Charlotte Hwy between Lake Wylie and York. Historic with Lake and York.Historic Historicfarm farm with Lake Wylie and York. farm with Lake gorgeous Wylie and York. Historicand farm with pastures, hardwoods creek gorgeous pastures, hardwoods and gorgeous pastures, hardwoods and for possible pondsite. $1,209,040creek gorgeous pastures, hardwoods and creek for possible pondsite. $1,209,040 for possible pondsite. $1,209,040 creek (10) for possible pondsite. $1,209,040 1+ACRE Neighborhood Lots (10)1+ACRE 1+ACRE Neighborhood Lots (10) Neighborhood Lots Rambler Ln Blacksburg $13,000 each (10) 1+ACRE Neighborhood Rambler Ln Blacksburg Lots Rambler Ln Blacksburg $13,000 each 3004 ASHWOOD PARK DR. .76 ac $13,000 each Rambler Ln Blacksburg Belmont’s Reflection Point DR. $40,000 3004 ASHWOOD PARK .76 ac $13,000 PARK eachDR. 3004 ASHWOOD .76 ac 2 AcresReflection Caroline Acres Road Belmont’s Point Belmont’s Reflection Point$40,000 $40,000 16412 Here at Last Ln. New Construction behind 2070 Tiger Paw Ln Custom Cottage on Lake PARK DR.$180,000 .76 ac IndianASHWOOD Land in established area. 501 RIVIERA PLACE in Rock Hill's 646 WEST PARK DR. in Historic Lincolnton. 3004 22Acres Caroline Acres Road The Palisades. Get in early to customize this baby Wylie with panoramic views, double decker dock AcresReflection Caroline Acres Road Belmont’s Point $40,000 prestigious Waterford Glen golf The Reinhardt House features original 2.46Land Acres McFalls Dr.,area. Indian Land right from your couch! 3429 sq. ft on 1.2 wooded on a deep cove, stellar new kitchen & Indian in established $180,000 Indian Land in established area. course community just wood floors, dental moldings and in established areaAcres $220,700 acres with Lake Wylie water views. $710,981 outdoor living areas. $635,000 2 Acres Caroline Road $180,000 30 minutes f/Charlotte. $348,000 groove pine walls. $230,000 2.46 Acres McFalls Dr., Indian Land CAROBROOK Indian Land in NEIGHBORHOOD established area. inAcres established $220,700 2.46in McFalls Dr.,water/sewer Indian Land Fort Lawn (2)area lots $180,000 in established areaeach $220,700 availableNEIGHBORHOOD $7500 CAROBROOK 2.46 Acres McFalls Dr.,water/sewer IndianLOTS Land CAROBROOK PINE MOSS 4 WATERFRONT in Fort Lawn (2)NEIGHBORHOOD lots in established area $220,700 inon Fort Lawn (2)3$7500 lots water/sewer Lake Wylie, with docks, 1 with available each
You
available dock permit. 1.6-3.8$7500 Acres each $258-450,000
CAROBROOK NEIGHBORHOOD PINE MOSS 4 WATERFRONT LOTS 10620 Sweetleaf 4.4 wooded acre PINE MOSS 4 3WATERFRONT inon Fort Lawn (2) lots water/sewer Lake Wylie, with docks, 1LOTS with home site in The3 Sanctuary $120,000 Lake Wylie, with docks, 1 wi available dock permit. 1.6-3.8$7500 Acres each $258-450,000
You
10533 Steele Trace Ct Charlotte. Your private country 103 Kings Mountain St. Historic York. This completely 16432 HERE LAST HOMES NEW estate in the middle of Steele Creek, close to everything. renovated historic AT treasure willNEST take your breath away! craftbrought smanback cottage in NEW CONSTRUCTION Beautifully renovated with an amazing kitchen, lovely baths Over 3000 sq. ft. of history to life on River’s Edge next to The Palisades on 1 wooded and sweet sunroom on 1.7 wooded acres. $360,000 .56 acres in The Charleston of the Upstate. $359,000
10620MOSS Sweetleaf 4.4 woodedLOTS acre PINE 4 WATERFRONT $95,000 home in The3 Sanctuary $120,000 Lakesite Wylie, with docks, 1 wi
acre w/seasonal water views $629,900
1000 Village Harbor Dr Lake Wylie, South Carolina
803-526-1225
likely be a big rush to get homes on the market, and people who have been wanting to buy a home will be in a rush to purchase. The best thing you can do, she says, if you’re buying a home within the next few months is to take this time to reach out to lenders and start the prequalification process. That way, once you’re ready, you’ll already know how much you can afford and will be ready to
make an offer right away. And if you still feel uncomfortable leaving your home due to health concerns, you can spend time virtually exploring neighborhoods so you’ll be one step ahead of the game and feel confident about your price range and desired location. While you’re still (mostly) at home, why not spend some time planning for your future home? Future you will be glad you did.
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Open House on Weekends
sheaurban.com
Townhomes in Plaza Midwood & NoDa; Saturday: 11 - 3; Sunday: 1 - 3 When visiting, we kindly ask that you please wear a mask & maintain social distance.
Towns on Central in Plaza Midwood
1609 Chatham Ave. Charlotte • 7 opportunities remain • 1,614 - 2,529 sq ft; 2 Beds, 2.5+ baths • Flex space with most plans • 3 miles from Uptown Charlotte • 1 Live/Work townhome available • From the high $300’s - $500’s
Private In-person & Virtual Appointments available 980-293-5886 | sheaurban.com
2 Furnished Townhomes Available to Tour
36th & Holt in NoDa
1 Furnished Townhome Available to Tour 1164 E. 36th St. Charlotte • 11 opportunities remain • 1,614 - 2,109 sq ft; 2 Beds, 2.5+ baths • Flex space with most plans • 4 miles from Uptown Charlotte • 1/2 mile to N. Davidson St. • From the high $300’s - mid $400’s
Both neighborhoods include: • 3-story townhomes, 9’ ceilings throughout, modern finishes. • 2-car attached garage, covered terrace, & CPI Security smart home package. Hardwoods throughout second floor.
Sales: Shea Group Services, LLC DBA Shea Realty (10424). Construction: Shea Builders, LLC, G116074. This is not an offer of real estate for sale, or a solicitation of an offer to buy, to residents of any state or province in which registration and other legal requirements have not been fulfilled. Pricing effective date of publication and subject to change without notice. All square footages and measurements are approximate and subject to change without notice. Trademarks are property of their respective owners. Equal Housing Opportunity. Some photos have been virtually staged. *Price for this home does not include closing costs, application of incentives, includes costs for certain options and upgrades, specific list of which is available at the Shea Urban sales office, and is subject to change.
55+ Active Lifestyle Community NEW HOME S FROM THE LOW $300’S
Make 2020 the year of change! Come see what Eastwood Homes has to offer at Heritage in Wesley Chapel, NC, an age-restricted community.
NEW YEA R. NEW YOU. NEW HOME. Amenity Center Opening 2020 Clubhouse, pool, game rooms, workout room, and sports courts
L E A R N M O R E AT
EastwoodHomes.com
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|straight talk
Adjusting the striker plate is as simple as bending the tab out slightly with a screwdriver.
Small projects, big accomplishments It’s those little house tweaks that can make a world of difference—and now is the time to tackle them by Allen Norwood
A
sheltered-in-place mom with three kids said she had a house problem that was about to drive her to distraction: Every time one of the youngsters slammed the back door, as kids do, the latch of the nearby laundry room door rattled. The laundry room is right off the kitchen. She’s in the kitchen pretty much all the time with everybody stuck at home, and the restless kids are in and out all the time. That adds up to lots of rattling. Is there a fix? Please! Yes, an easy one. But first, a few paragraphs about how rewarding it can be to complete small projects in these uncertain times. There are umpteen reasons not to start a big home project right now. You don’t want to spend a morning in a crowded home center rounding up supplies, or invite a construction crew into your house. You certainly don’t want the house torn
up while kids and parents are jockeying for work space at the dining room table. You might want to take a deep breath and give yourself a break, even after things begin to get back to normal. But you want to keep busy. You want that sense of accomplishment. Which leads us to small projects, those you can complete quickly with tools and materials you already have around the house. Like, say, rattling doors. They’re perfect. You’ll keep busy, and because you can handle them quickly you’ll be able to scratch lots of items off your to-do list. About that door: It’s rattling, even though the door is fully closed, because the bolt from the latch fits loosely in the hole in the strike plate. Tightening it up is a snap. There’s a little tab inside the hole in the strike plate that can be adjusted to stop the rattle. There’s a slot in the tab. Stick a flat-
blade screwdriver in the slot and bend the tab out a bit. That should hold the bolt from the door latch more securely and reduce the rattling. While we’re on doors, here are a couple of other small tweaks that can be completed quickly. If a door refuses to stand open on its own, if it wants to swing closed, you have a couple of options. You can put a brick in front of it—or try this trick with a hinge pin: Tap the middle hinge pin up and out of the hinge. Place the pin on a board to protect the pin and the work surface. (Not directly on a hardwood or tile floor. Bad things will happen.) Tap the middle of the pin with a hammer to put a slight bend in the pin. Then replace the pin. The extra friction ought to hold the door open. If not, use the same tactic on the top pin. The top hinge carries more of the door’s weight than the other two hinges, so there’s more
friction to stop the swing. There are a couple of solutions if the door is sagging, as doors tend to do in homes with kids. The cure might be as simple as tightening all the hinge screws. If not, remove the center screw from the door jamb side of the top hinge. Drill a small hole all the way through the jamb where you removed the screw, and replace the original screw with a longer flathead wood screw that will reach into the 2-by-4 framing behind the jamb. A deck screw will work. Tighten it SLOWLY to eliminate the sag. Be careful—if you over tighten you can damage the door frame. You can find lots more about these door tweaks online and discover other small projects you can tackle. Improve your house—and your frazzled nerves. Allen Norwood: homeinfo@charter.net
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Luxury Single-Family Homes from the $400s
Call 704.457.8255 | JonesHomesUSA.com | 1057 Chippenham Avenue, Indian Land, SC 29720
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YO U R T R U S T E D G U I D E TO
Western North Carolina’s
$1.31 M
$1.15 M
MOST DISTINCTIVE HOMES IvesterJacksonBlackStream.com Info@IvesterJacksonBlackStream.com
GROVE PARK - ASHEVILLE
828.367.9001
MLS 3537631 | 1 Sunset Parkway #A Agents: Laura Livaudais 828-712-5445 Ellen McGuire 828-551-7027
$824,995
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MLS 3584695 | 5 Hawks Branch Circle Agents: Mike Zboyovski II 828-337-7600 Stacey Klimchuk 828-777-3152
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SOUTHCLIFF - FAIRVIEW
MLS 3564452 | 24 Peregrines Ridge Court Agents: Mike Zboyovski II 828-337-7600 Stacey Klimchuk 828-777-3152
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DOWNTOWN ASHEVILLE
MLS 3602245 | 12 S Lexington Avenue #203 Agent: Laura Livaudais 828-712-5445
MOSS LAKE WATERFRONT MLS 3622885 | 125 Canterbury Drive Agent: Joy Pharr 704-418-2963
IvesterJacksonBlackStream.com Info@IvesterJacksonBlackStream.com 828.367.9001
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MONTFORD HILLS - ASHEVILLE MLS 3599686 | 20 Sylvan Avenue Agent: Laura Livaudais 828-712-5445
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MLS 3581031 | LOT 107 & 106 Windcliff Drive Agents: Stacey Klimchuk 828-777-3152 Britt Allen 828-450-8166
REYNOLDS MOUNTAIN - ASHEVILLE MLS 3530028 | 105 Points West Drive Agents: Laura Livaudais 828-712-5445 Ellen McGuire 828-551-7027
$739 K
MOSS LAKE WATERFRONT MLS 3525087 | 163 Appian Way Agent: Joy Pharr 704-418-2963
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RAMBLE BILTMORE FOREST - ASHEVILLE MLS 3486480 | 111 Upperfell Court #724 Agent: Stacey Klimchuk 828-777-3152
Offices Charlotte Lake Norman Asheville