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    Home»Real Estate»Why You Should Consider Buying a Home in Charlotte
    Real Estate

    Why You Should Consider Buying a Home in Charlotte

    Tech Expert HubBy Tech Expert HubJuly 18, 2022Updated:July 18, 2022No Comments
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    Charlotte is one of the best places to live in the U.S. This city has an amazing community, sports opportunities, and pleasant weather. Consider homes for sale in Charlotte to enjoy great resources and an affordable lifestyle. 

    Table of Contents

    • Benefits of Living in Charlotte
    • Weather
    • Lower Cost of Living
    • Great Outdoor Activities
    • Employment Opportunities
    • What to Know When Buying Homes for Sale in Charlotte
    • The Home’s Location
    • The Lot
    • The Home’s Condition
    • Consider Moving to Charlotte

    Benefits of Living in Charlotte

    Charlotte is ranked as one of the most preferable places to buy a home. Here are the reasons why:

    Weather

    Charlotte has pleasant weather all year round. It has more sunny days than cloudy on average per year, offering a great time for outdoor activities. Temperatures remain comfortable as winters and summers aren’t extreme. This city receives enough rain that it remains green and lush with vegetation.

    Lower Cost of Living

    In Charlotte, housing expenses, food and grocery, utility bills, and transportation expenses are slightly below the national average. Lower housing costs make Charlotte affordable, whether you opt to buy or rent a home.

    While all these expenses are lower in the city, the household income is slightly above the national average. This allows residents to have extra money for savings or entertainment.

    Great Outdoor Activities

    If you love outdoor activities, Charlotte has plenty of options. The city has numerous outdoor sites, most notably, the U.S. National Whitewater Center — a 1300-acre recreation area offering mountain biking, rock climbing, kayaking, paddle boarding, and more. Freedom Park, located a few miles from the heart of the city, offers tennis/volleyball courts, paved trails, and playground fields.

    Apart from the outdoor activities, the city hosts various outdoor events such as the River Jam summer concert series. Whether you enjoy mountain climbing, golf, canoeing, biking, balloon rides, fishing, hiking, or jogging, the Queen’s City offers a thrilling outdoor experience.

    Employment Opportunities

    The unemployment rate in Charlotte was 7.8%, below the national average of 8.7% in 2021. The city’s economy is diversified, with industries like banking, healthcare, technology, energy, financial services, and manufacturing. Some of the top employers in the city include Bank of America, Wells Fargo, Duke Energy, Atrium Health, and Lowe’s.

    What to Know When Buying Homes for Sale in Charlotte

    When searching for a home in Charlotte, you’ll want a property that enhances comfort and convenience. Here are tips to get your search off on the right foot;

    The Home’s Location

    The home’s location will have a significant impact on your property’s value and everyday life. Evaluate it before buying to make sure it suits your needs and is favorable for real estate investing. You can drive or walk around the area to confirm if it has all the features in your prioritized list.

    Some of the things to look at in a house location include:

    • Access to amenities such as schools, hospitals, and recreational and shopping centers 
    • The area’s future development plans
    • Security and crime rates
    • The neighborhood
    • Proximity to public transportation 
    • Utility availability

    Buy a home in a desirable area to keep you and your family happy and comfortable for the long term. A good location will make it easier to sell your house in the future and increase the returns on investment. 

    The Lot

    Your house lot will influence your home’s value, design, and sun exposure. It can affect your property’s usage as it determines if you can upgrade your home and add your desired features. 

    Before purchasing your dream home, visit the property’s site to check the lot’s:

    • Shape
    • Size
    • Location
    • Topography

    If you have kids and pets, make sure the lot is big enough for them to play. If you intend to have some home additions consider square or rectangular lots as they offer more usable space. A moderately sloped lot can be ideal if you want to keep drainage and erosion issues at bay.

    The Home’s Condition

    Checking a home’s condition before buying gives you the confidence to finalize the purchase. You know potential issues and determine if it’s the right property to purchase. Hire a home inspector to conduct a complete inspection of your potential property. The professional will inspect the home’s:

    • Electrical and plumbing systems
    • Roofing system 
    • Basement and garage foundations 
    • Insulation and ventilation
    • Appliances

    After the home inspection, your inspector will provide a detailed report of all the problems associated with the home. If the issues detected are expensive to fix, you can opt out of the sale. If they’re minor problems, you can ask the seller to fix them or reduce the price.

    Consider Moving to Charlotte

    Charlotte offers something for everyone. With great weather, activities, economy, people, and opportunities, you’ll love your new lifestyle in the city. Consider homes for sale in Charlotte to live in a comfortable and affordable town.

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