So how are Birkdale village homes faring in the national slow down?
My answer would be that they are faring quite well comparatively. Home sales have definitely slowed down in the village but they continue to sell and they continue to appreciate. My neighbor just bought last fall and refinanced last week and he's seen appreciation according to the appraisal. That was a pleasant surprise. I think the biggest reason they continue to hold up is that people looking to move to North Charlotte look at Birkdale Village as a safe haven. It has additional value beyond the normal track home sub-division. Here's what I think Birkdale village offers:
1 - Birkdale Village Itself with all the shops (Barnes & Nobles, Starbucks, Movies, Live Music, etc.)
2 - The Birkdale Golf Course
3 - Next to Lake Norman
4 - Right off Highway 77 (so easy commute to Charlotte)
5 - Down the road from the future North Line Light Rail
6 - Immediately on the McDowell Creek Greenway
7 - Backs to 400 acres of woods with walking trails
8 - Birkdale fitness center is within the community
9 - 3 Supermarkets within the a quarter mile (Lowes Foods, Harris Teeter, and Food Lion)
We love all of these features. I go to the gym daily because it is right here. If we need an ingredient for dinner I run up the street to the supermarket. And we take our dog on his daily walk through the village and just the atmosphere and sense of life is exhilirating. Those are my thoughts as to why Birkdale has continued to sell. Every realtor I meet expects Charlotte's home sales to pick up in the warmer weather. I wonder if that is wishing thinking or will low rates and a backlog of people waiting to buy and moving to the Carolinas actually create the expected pickup?
My answer would be that they are faring quite well comparatively. Home sales have definitely slowed down in the village but they continue to sell and they continue to appreciate. My neighbor just bought last fall and refinanced last week and he's seen appreciation according to the appraisal. That was a pleasant surprise. I think the biggest reason they continue to hold up is that people looking to move to North Charlotte look at Birkdale Village as a safe haven. It has additional value beyond the normal track home sub-division. Here's what I think Birkdale village offers:
1 - Birkdale Village Itself with all the shops (Barnes & Nobles, Starbucks, Movies, Live Music, etc.)
2 - The Birkdale Golf Course
3 - Next to Lake Norman
4 - Right off Highway 77 (so easy commute to Charlotte)
5 - Down the road from the future North Line Light Rail
6 - Immediately on the McDowell Creek Greenway
7 - Backs to 400 acres of woods with walking trails
8 - Birkdale fitness center is within the community
9 - 3 Supermarkets within the a quarter mile (Lowes Foods, Harris Teeter, and Food Lion)
We love all of these features. I go to the gym daily because it is right here. If we need an ingredient for dinner I run up the street to the supermarket. And we take our dog on his daily walk through the village and just the atmosphere and sense of life is exhilirating. Those are my thoughts as to why Birkdale has continued to sell. Every realtor I meet expects Charlotte's home sales to pick up in the warmer weather. I wonder if that is wishing thinking or will low rates and a backlog of people waiting to buy and moving to the Carolinas actually create the expected pickup?
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