Thursday, December 11, 2008

Charlotte Lake Homes

Many people have Charlotte North Carolina Real Estate in their retirement plans. Charlotte has been growing for many years and keep in mind that large land developers have been here for many years. It is incredible to find huge elaborate developments being constructed on large lakes an hour plus away from Charlotte.

Badin Lake is one example. Badin Lake is about an hour east of Charlotte. Uharrie National Forest borders the lake and Uharrie Point is a fantastic gated golf course community on the lake.

An hour south of Charlotte is Edgewater in Lancaster. Edgewater is on the 3300 acre Fishing Creek Lake and is another golf course community. This provides the low taxes of SC and still within a reasonable commute to Charlotte for amenities. The construction has just begun on this development. Interior lots range from $75,000.

There are also extensive River front developments under way (an hour away from uptown Charlotte). One example is RiverChase Estates in Lancaster SC. This is still in the predevelopment phase and this gated community will provide natural winding roads with river views.

How does this impact your retirement plans. The demand for water front property is very high. With national developers purchases large land parcels, the cost of the price escalates. The smaller homes along the lakes now have a value that far exceeds the value of the actual home. These homes will be "tear downs" and the lake front mansions will take over.

Charlotte Property opportunities? Yes there are always opportunities for great investment properties. You just need to realize that you will not find a lakefront lot for less than $100,000 and likely much more than that. Charlotte lake property will continue to appreciate and it will be wise to purchase your lot as soon as possible. The demand will only increase in time.

Visit Charlotte Homes For Sale for additional information of the greater Charlotte area or call now at 704.770.6559 for assistance. I will send you regular updates so that you can watch for that ideal home to come up for sale.