Monday, November 26, 2007
Gym Memberships do well in November
The news is full of contradicting reports and for the most part the village feels slower but I can't tell if that is a normal fall slow down after school starts and the weather cools or if that is the economy. I wonder how the Birkdale stores performed on black Friday? I guess that all depends on the weather. My friend that works at Barnes and Nobles says that they are doing well. I find that amazing because the place is never really packed. This past weekend in NJ, we went food shopping and the lines were twenty deep at the registers. I don't think that I have ever waited in any line around here (except maybe at Starbucks). The point of all this rambling is that I wonder how the stores are doing?
Thursday, November 22, 2007
The Manhattan Effect
Additionally, my parents live in Jersey City which is directly across the Hudson River from Manhattan. Being only one subway (PATH) stop from Manhattan, Jersey City has boomed. When I went to high school it was abandoned railroad yards. Now it is miles and miles of condominiums, offices, and mixed use spaces. I think 50,000 residences have been built here between the Bayonne and George Washington Bridges. Where do all these people come from that can afford half a million dollar plus condos? Everyone I meet is an immigrant (smart ones working in banking or such) or from the mid west. Right on our street are so many people who are aspiring actors or investment bankers. Its amazing.
Anyways, I read article after article stating that Manhattan along with a few other signature cities has continued to surge ahead in property values because of 1) Big Wall Street Bonuses (Yes they still got $32 Billion worth this year) and 2) Overseas investors taking advantage of the weak dollar. Well, additionally, Jersey is booming because even though a 600 sqft 1 bedroom condo costs $800,000, that is only 40% of the price it would cost in Manhattan. Absolutely amazing!
Anyways, as prices and taxes continue to rise here so many non-investment banking people, are considering moving. I think that by extension (or third order effect) that Charlotte will continue to do well. The only question that I have is whether enough people will continue to move to Charlotte to offset the number of new homes built on former farm fields. I keep watching that Charlotte Observer which says that new home permits are way down, but are they down enough? Here’s hoping and a Happy Thanksgiving!
Stratford Forest Not A Great Deal
All of the homes in Birkdale were built with Fiber cement siding and PVC piping. Saussy Burbank and Lyllian Floyd areknown as great area home builders so I think that we are safe from the same type of 20 year deterioration that Stratford Forest has experienced.
Our friends are now back to looking at homes in Birkdale because they feel that Birkdale is the only place that will hold its value if the market continues to worsen. Does anyone else know of any other areas that they think will hold their value well?
Monday, November 5, 2007
Stratford Forest
Congratulations!
Monday, October 29, 2007
Dog Park
I don't agree with CharMeck's decision to let the dog parks be open access because the registration requirement kept the park clean and safe with all dogs vaccinated and such.
If you want to know more about the Ramsey Creek Dog Park then read my earlier post: click here.
Otherwise, let me know how the dog park is faring.
Birkdale Village New Urbanism Case Study
I wonder if or when that would happen. Would the town let it?
Anyways, enjoy the map and the knowledge that the case study's author thinks that Birkdale Village is a great success.
Pier One Kids Bankrupt Too
FORT WORTH, Texas — Pier 1 will close all 33 of its Pier 1 Kids stores by Oct. 31
and its 24 clearance stores by July 31 to focus on its full-line units, the retailer’s president and CEO said today. In total, the company will close 100 stores this year, Alex Smith said in a conference call with securities analysts.
“We need to focus 100% of our attention on our core business, the Pier 1 Imports stores,” said Smith. He made the comments while discussing Pier 1’s earnings for the first fiscal quarter ended June 2, which included a net loss of $56.4 million, compared with a loss of $23.2 million a year earlier, and sales of $356.4 million, down 5%.
In addition to closing stores, he said the company will exit its e-commerce and catalog sales activities by Oct. 31, although it will keep its pier1.com Web site for marketing purposes. The moves will leave the company with 1,020 stores in the United States and 80 in Canada.
I am amazed the Pier One didn't try to sell its kids stores to another brand. Maybe they wanted control over their own destiny? Or maybe no one would buy them because they were not making money? At least Pier One still has its main store in Birkdale. I like the store although I must admit that we haven't bought much in this one either.
So now the question is what would make a good fit for this former Pier One Kids space? It seems too big for a boutique. I think it would make a good fit for a Kid's Time - a short term daycare place for parents that need to run an errand, grab dinner, or whatever. Rumor has it that the one over by Target (on the other side of 77) is always full and pretty much requires reservations. I also heard another rumor that Dicks might be leaving Birkdale as well. Wow, that is a big space.
Anyways, I am sure that there are plenty of retailers angling to get into Birkdale. When I spoke to th enew property management company, the said that they bought Birkdale in May ( I heard that they paid $99 Million) and that they would start this fall really analyzing the spaces and trying to fill new tenants in the now five open stores. I imagine that the other tenants are not too happy because all of those empty stores could be filled and attracting more shoppers rather than sitting empty and weighing the place down. Well, let's see what happens.
What do you think should go into the former Pier One Kid's space?
Bombay Going out of Business
I think that this might be a good thing in the long run because that is a prime location that could draw additional shopping traffic to Birkdale. Was Bombay a destination store? I was thinking that it would be a great location for a Panera Bread. It has a great outdoor setting between Banana Republic and what is now Bombay. Unfortunately, I don't have the $7.5 million net worth required to startup a Panera Franchise. Seriously though, we're considering a New Style Bakery/Deli somewhere in the village. I wonder if it would work in that location. Anyone for good bagels? Italian Bread?
Any other ideas for what would be a good fit in the Bombay location?
Monday, October 15, 2007
Bank of America 500
Carolina Renaissance Festival
Sunday, September 30, 2007
NYTimes Article: 36 Hours in Asheville
Asheville is an Appalachian Shangri-La. This year-round resort town, tucked between the Blue Ridge and Smoky Mountains, draws a funky mix of New Agers, fleece-clad mountain bikers, antiques lovers and old-time farmers. And what's there not to like? Charming yet surprisingly cosmopolitan for a town of about 73,000, Asheville has a Southern appeal all its own. There are lazy cafes and buzzing bistros, Art Deco skyscrapers and arcades reminiscent of Paris, kayaking and biodiesel cooperatives and one of the world's largest private homes — the Biltmore Estate, a French Renaissance-style mansion with 250 rooms. No wonder so many locals first
started out as tourists.
Charlotte's Oktoberfest
A Drought's Upside and Downside
Sunday, September 23, 2007
Biltmore Estate Wine
We're drinking a bottle of Biltmore Century Red Wine tonight. We actually bought the bottle on a trip to Asheville and Biltmore estates over a year ago. The Biltmore Estate is a great place to visit. Its the closest to a European castle that American has. Its not really a castle but the largest house in America. I highly recommend the land tour if you go to visit. It is very cool to see the Engineering accomplishments of the 1880s.
Anyways, the wine is good. We actually opened the bottle last night and I though that it was too bitter. But after a night of air out, it tastes great tonight. Visit Biltmore if you get the chance.
Found New Off-Leash Walking Trails
These trails are a great area for our dog to run around in. As the weather gets cooler and the ticks and snakes go into hibernation, we love to get outdoors. Our dog loves it too.
To and from the village this walk is about 3 miles and usually takes us about an hour because we walk slowly along the trails off Babe Stillwell.
I'll have to take some pictures to add to this post.
Tuesday, September 18, 2007
Housing Slow Down
Charlotte's Housing Slow Down
It seems that things outside of Uptown, the Lake, and Birkdale village aren't looking so good. Many of the run of the mill sub-divisions (the ones without a built in attraction) are battling foreclosures and acres upon acres of new houses. Moss Creek is a new sub-division along NC 73 and down the road (about 7 miles) from Birkdale that is being hit hard. As the sub-division is still being built the builder has offered significant enticements to new buyers. That has hurt the resellers already on the market so they have been forced to lower prices. Now, who wants to buy in a sub-division where current owners are losing money on a house they recently bought. We just had two friends who lost their $5000 deposit in Moss Creek after they pulled out of the pre-construction contract. They figured that it was cheaper to loss the $5000 up front that it would be to ride out the market where recently purchased homes are down about $15,000. In a sense, Charlotte has so much vacant forest and farm land that the new home potential is what has held down prices here and is what will also hurt existing home owners as the market declines.
Of course, the decrease in new home permits tied with the fact that Charlotte is still one of the top "move to" destinations in the country may mean that existing home owners could come out ok. Also, what all this means for Birkdale is that it seems the consensus among new home buyers (or maybe it is the hope of existing home owners) is that Birkdale Village is a safer bet that the surrounding sub-divisions because Birkdale itself is an attraction. Prices may not rise as fast as they have in the past but at least homes will continue to move as they have been all summer.
Monday, September 17, 2007
Biltmore Park
Cathy,
Birkdale is a great place to live. Seeing your neighbors at the gym, the cafe, the restaurant, or simply strolling the village provides a wonderful sense of community. Ironically, Birkdale has definitely increased local traffic outside the village, however, the traffic increase is significantly less than if Birkdale was a normal mall or shopping center. Since a few thousand people live within walking distance thats a few thousand less car trips required. I personally walk to the stores and even to the supermarket for quick items. As for the vandalism, I feel perfectly safe here. We do have lots of teenagers in the village on weekends but they would be present at any mall and they are not rowdy or disruptive as I have seen in other places. We do connect to two separate major thoroughfares but not many people cut through the residential section of the village. I don't think its very convienent to do so. Perhaps, the biggest complaint that people make about Birkdale is its lack of parking. On Friday and Saturday nights when the live music is playing there is usually a line of cars circling looking for a space. It doesn't concern me because we walk to the village but I do know that the tight weekend parking has deterred my coworkers from coming to Birkdale. In the end, I love living here. Other than uptown Charlotte there is no where else that I would like to live. For us, it is the perfect blend of suburban and urban lifestyles. It seems that many people agree with us because Birkdale houses are priced at a premium compared to the surroundng subdivisions. Also, the houses here have appreciated faster and seem to be holding their value better in this downturn. I hope that Biltmore Park does as well as Birkdale.
Saturday, August 11, 2007
Going Green
Check out these cool local (mostly local) websites that we found on the subject:
Brea Water Systems
Green Roofing
A Information Site
Discovery Place's Green Roof
Grassy Pavers
This is neat stuff. I wonder if computers and the Internet were the boom of the last twenty years will Green be the boom of the next twenty?
We're Back
Other than this past week we've had a great summer. It wasn't too hot, mid-80s mostly. I was personally expecting the heat to be much worst here during the summer. I guess that we are far enough back from the coast and close enough to the mountains that we are usually spared the extreme heat and humidity.
Anyways, if you have young kids and are coming to Birkdale, definitely have them bring their swim suits because that fountain looks like a blast.
Saturday, May 19, 2007
Brixx's Beer Special
Birkdale's live music band was great last night too. They played a good mix of 80s rock. We really enjoyed the live music and wound up sitting outside until about 11pm. The live music ends at 9:30 PM which seems a little early but I guess that since people live right above the shops it makes sense not to keep them up all night. What we were amazed by is how little of the music we were able to hear as we walked towards the main strip. We figure that since the speakers are pointer towards Sam Furr that the houses behind the village don't get much of the music.
What was nice about last night is that we didn't get to Brixx until about 8:30 PM. Since it was so cool out Birkdale was lively but not packed so we got an outside table right away. Even cooler, is that Brixx has these outdoor gas heaters that throw heat down on the tables so even though it was a little cool out we were quite comfortable. I'm thinking of getting one of these Resnor heaters for my back deck. I wonder how much they run and how hard it is to tap in to the existing gas line?
Saturday, May 12, 2007
Day Four and Counting
In case anyone is thinking of moving or changing their telecom services here in Birkdale or Charlotte we've found the best combination to be Direct TV for TV ($58 for two DVR connections), Time Warner for Cable Internet (High Speed Internet), and Sun Rocket for VOIP ($9.95 for unlimited calling). We originally had Bell South for DSL and Telephone but we could never get our bill below $80/month and often it was over $100. So we canned them and all of their fees and the combined Time Warner Internet/Sun Rocket Phone means that our combined bill in never great that $53. The other cool thing about Sun Rocket is that it allows us 200 free international calling minutes. It occasionally has some bad connection issues but most of the time it is just as good as a regular phone and costs a heck of allot less.
Well, Time Warner's install team finally called and they just turned into Birkdale Village.
Wednesday, April 25, 2007
Birkdale Village Live Music
Pool Opens May 12th!
Its great that the pool is opening early. Last year we wondered why the pool only opened from Memorial Day to Labor Day. It made no sense given the nice weather that Charlotte has at least from April through October. I guess that having the pool open only for summer vacation for schools makes some sense. But they could at least have the pool open say on just evenings and weekends. This year they seem to be doing that by having the pool opened only 3:30 to 7:30 on public school days. The article also says that we have to get a pool tag, which is required for entry. Last year's tags are still good to go.
Well, enough rambling. We're looking forward to the pool opening.
Tuesday, April 24, 2007
Are there too many homes for sale?
I remember thinking last spring that there were many homes for sale and they all sold. I'm thinking that if between now and June we clear this backlog of homes then property values will spurt up again. If these houses sit for a while then we have probably reach a plateau while the rest of the surrounding area catches up.
Another concern that I have is the number of investors that seem to be buying homes in Birkdale to rent them out. I think that this drives up values in the sort term but at some point all of those investors have to get out as well. But I also know that most landlords in the village also live in another village home so that goes a long way towards ensuring that the landlords care about the community.
I also know that there seems to be many people moving here. In fact, have a family member and a friend both moving to Birkdale Village before June 1st - there goes 10% of the available housing stock. It seems that whole clusters of families are moving south together.
Well, I'll write more about this topic as it develops. I'm hopeful that Birkdale will continue to appreciate and remain the vibrant place that it currently is.
Cool Slide Show Addition
Monday, April 23, 2007
For the Love of Maps!
Ironically, this will probably be one post in which I don't post any maps.
Wednesday, April 18, 2007
Ideas for the Empty Stores
Have you noticed that Pike's has gone out of business in Birkdale? As a group of us were sitting out at the wine bar tonight we were musing about what would be a good fit for that location. Someone also pointed out that the space on the corner behind the old Pike's is also vacant. So with two spaces to think about here is a listing of our ideas about what would be a good fit for these locations.
The Front Side Prime Corner Slot: We all agreed that this would probably do best as another Red Rocksy type restaurant. The new owners definitely need to make more use of the outdoor seating possibilities. Pike's did not use its prime location real estate well enough. That corner gets the most sun in Birkdale and only Brixx uses the outdoor seating. I also suggested that they could transform the street side windows into sliding ones that open up horizontally which will allow the indoor and outdoor spaces to flow together. It was also suggested that a restaurant call 'Restaurant X' from Davidson could move in. Restaurant X's Irish owners serve a great fare. We also came up with a BY style bakery/deli. I know that the bagel bin is great but it would be awesome to have that in Birkdale vice driving over to Northcross. Plus, the bakery could sell all sorts of other breads and really good meats.
As for the space behind the former Pike's, someone suggested a performing arts studio so that parents could drop their children off and enjoy the time in Birkdale. Perhaps, this could be the bakery location? How about a personal training studio? A massage/spa place? We all felt that since it was off the main street that it would be tough for a retailer or traditional restaurant to survive in that space. We also though that it was odd that the store front has been under construction continuously for at least the past year. Who knows, maybe they've had a succession of tenants drop off after they already started remodeling.
Well, whatever fills these voids we hope that they do well and offer us all some new service and yet another reason not to drive somewhere else when we don't have to.
Tuesday, April 17, 2007
Upper McDowell Creek Master Plan
Robbins Park
The Huntersville Herald
The Herald's websites says that it is published by 5 PM each Friday, which figures that it gives them the entire work week to get it finalized. The Herald is a Mecklenburg Newspaper Group, LLC and is mailed for free to residents of Huntersville and Cornelius. Everyone else pays $35 per year for a subscription. I'm guessing that the newspaper is soley advertising supported since it is mailed out free and its website is plastered with ads for advertising in the paper. I'm amazed that a free ad support newspaper that serves such a relatively small community can survive.
Since finding their online website, I've been reading most of the articles on the papers website related to developments around the village. Right now I'm reading a complicated story about the future developments of Cornelius' planned Robbin's Park which is currently next to the Greens at Birkdale but which could be swapped to a further location. Anyways, if you want to read up on really local news then The Huntersville Herald is a great source.
A Time to Sit - Starbucks, Wine Bar, or Cafe Mia
Morning. Here in Birkdale my favorite place to sit outside in the mornings is at the Starbucks. The coffee is ok but what I really enjoy is the people that Starbucks attracts. It is energizing to see so much life in one place and to see people starting their day on such a nice morning. Its amazing how many business meetings take place over a cup of Joe at Starbucks. What is also amazing is the number of people willing to brave the wind, dew, or just about any elements in order to sit outside. I myself prefer sunny days but this past Sunday I even saw a woman sitting out under the overhang during that slogging rain storm we experienced.
Noon. Although I haven't had too many noontime meals in the village we mostly prefer Brixx (Brick oven Pizza) or Red Rocks (Not sure how to classify this one) for their lunch time fare.
Evening. Choices here vary depending on what we seek. If sitting out to enjoy wine is our desire then the Wine Bar is the place to be although we often have to wait a bit for outside seating and then fight for chairs to boot. If we desire beer then I highly recommend Brixx with its various foreign beers. You can't beat the Sampler beer platter which lets you sample four exotic beers at a reasonable price. Or even better is its Saturday night $2.50 beer special. We've sat outside many a night in the summer at Brixx listening to the live music. Lastly, our favorite ice cream, coffee, and conversation stop is Cafe Mia. Marco and Mia, the owners, and, yes, he is Italian, and double, yes, the cafe is named after his wife, Mia, have a wonderful selection of Gelato Ice Cream. It truly is delicious. They also have great Italian coffee which is way better than Starbucks. (On a side note they recently started serving a breakfast and a lunch but we haven't checked it out just yet).
So those are our choices. Of course there are more that we like at Random times: Jason's Deli (Good place for a dog too to sit out with you), Galway Hooker, Eez, and lastly just the plain old benches in Birkdale are nice too.
Sunday, April 15, 2007
Living in Birkdale and thinking of an MBA
I have many ideas for topics to write in this blog and one that I have been discussing with various people that I meet on our twice daily dog walks is the quality and differences of local MBA programs. Not counting numerous online programs available the local region offers three quality MBA programs within commuting distance: UNCC, Wake Forest, and Duke.
UNCC
UNCC offers the most flexible MBA program close to Huntersville. This program allows students to take classes at their convenience - weeknights, weekends, or weekdays. There is no fixed schedule (unlike the next two programs) and you can take up to five years to complete the program. I am not sure of the cost but I think it runs about $18-$30K
Wake Forest
Wake Forest is a top 30 ranked school and has a Charlotte Business School campus dedicated to Charlotte. Currently it is located in South Park right across from South Park Mall. In a few years they will have a dedicated uptown campus that should make commuting there much easier for use North Meck residents. This program starts and finished within 22 months which offers the chance to bond and network with a group of classmates.
Wake has an evening and a Friday/Saturday format and they begin every August and January. An Executive MBA runs about $56K.
Grad School Prep
Before you consider any of the above MBA programs or many other grad school programs you'll likely have to take the GMAT, GRE, LSAT, or MCAT. UNCC's Continuing Ed Department has a great preparation program that is definitely worth the money. It is cheaper than Kaplan or any of the commercial classes but the instructor is awesome. I took the class and it was great.
Do you know of any other programs that I have not researched, then let me know.
The Village at Lake Norman
Friend or foe? Will the potential Village at Lake Norman compliment or compete with Birkdale Village. The Huntersville Herald and Urban Planet both have interesting facts and thoughts about the proposed development. 900,000 feet or retail, 300 living units, a new Hwy 77 exit 26, Westmoreland expanded to 4 lanes - Wow! These are some big numbers and changes for what is currently a country road!
The debate online seems to center around whether this will create a traffic nightmare or is this the density that Charlotte needs to have to accommodate the influx of new residents. I'm in favor of the latter, density, only if it means that other lands are set aside for preservation and green space. What is the likelihood of large amounts of green space being preserved? Probably close to Nil. So what I think will happen is that we will have the density and around it we will have the typical sprawl and in the end we will be stuck with horrendous traffic. Sorry if that discourages anyone from moving here but, hopefully, the three towns community can figure out how to build more roads and expand the current greenway plan. Someone on Urban planet made an interesting comment:
"This would mean the Lake area would have Exits, 23, 25, 26, 30, 32, 33, 36. Anywhere else in the state, this would be it's own metro area."
Wow, I did not think of it this way. That is allot of exits in one short stretch of highway!
On the other hand it would be really cool to live in between two awesomely planned mixed use communities and to be able to walk between the two on the McDowell Creek Greenway, click to read previous post. I imagine that if they could incorporate enough commercial space then people could truly live, work, play here North of Charlotte. As soon as a plan for this development comes out then I will try and post it here to this blog.
"When you add in Bryton and the Langtree mixed use new urbanist developments, this means that 2,100,000 sq ft of upscale retail space has been announced for Huntersville, Davidson and Cornelius. If you add in some smaller TOD projects on the proposed rail line, this number rises to about 2.5 million sq. ft. This is an amazing amount of retail if all of it is built "
Another great comment from Urban planet. I also wonder how many Birkdale developments are possible along one stretch of highway. I just remembered that Bryton is being planned between Exits 18 and 23. That too will be a massive mixed use community. It will definitely be interesting to see how this all develops. Of course, I would rather see more Birkdale's then the Harris Blvd strip mall after strip mall style development. If you never go to Harris Blvd then you are probably lucky because it has lots and lots of lights and lots of strip malls.
Of course, my load officer also made a comment that as traffic gets worse people will want to live in mixed use because then they don't HAVE to drive anywhere if they don't want to. Ok, so now that I am wrapping up this random thought debate, I want to add a caveat for any friends from the DC, NY, or Boston metro areas. The traffic here is NOTHING compared to what is normal in those metro areas! We are many years away from being that bad. But I guess that everything is relative.
Saturday, April 14, 2007
Birkdale vs Northlake
Thankfully, the Charlotte Observer reported the following:
But there's plenty of demand to go around, experts say. "There's really not been any negative impact from the mall," said Darryl Cater, spokesman for Inland Real Estate Group of Companies Inc., Birkdale's ..."
Well, enough ranting about better possible land uses and back to the original thought of this post. Will Northlake threaten or compliment Birkdale? Is there room enough North of Charlotte for both and all of the other retail that is planned for the area? I personally think so - except maybe in the dead of winter. Let me know what you think.
While searching for information about the developments around Northlake I found this interesting Urban Planet website that describes how Northlake Mall came about and has many local reactions to its development.
Here's Northlake Under Development:
Friday, April 13, 2007
Peter Gordon's "City Lite" Blog
Thursday, April 12, 2007
Saturday Morning Bootcamp
McDowell Creek Greenway
"Thank you for your email and questions. The issues at Sam Furr relate to the fact that we will not be able to go under Sam Furr at this time due to the fact that the box culverts are too small, plus we do not own any land next to the creek and would have a tough time trying to get through the Birkdale golf course. Therefore, the best crossing would be at the intersection of Birkdale Commons Parkway and Sam Furr Road as you have mentioned. We would most likely widen the sidewalk along Sam Furr, which is currently 5-feet wide and separated from the road by a planting strip. We have not researched the possibility of using the gas easement, but I will do that and let you know if it looks feasible. Birkdale Commons Parkway contains sidewalk and bike lanes, and is a good overland connector for the greenway to continue. The next leg of McDowell after that will most likely extend from the end of Birkdale Commons Parkway, back to the creek, and then run behind the Wynfield neighborhood toward Gilead Road, where it will connect to the Torrence/Lower McDowell Creek system."
I also asked about a future possible connection to the northcross shopping center and eventually to the light rail stop at Sam Fur/73 and 115. Can you say weekend morning walks to the Bagel Bin? He replied:
"As far as a connection to Northcross, there is a tributary of McDowell Creek called Caldwell Station Creek that runs behind the Northcross Center. Not sure if it runs all the way to 115, but it gets close. I think that developing a greenway along this tributary is something that would be in the Town of Huntersville and Town of Cornelius Greenway Master Plan. It's a good idea, although getting under I-77 would be a challenge and major cost factor. Check with Michael Jaycocks with the Town of Huntersville Park and Rec. dept. to see if this creek is in their master plan. His number is 704-766-2228. In the meantime, We will be improving the existing boardwalk/bridge crossing at Townley Road, which will provide a connection to Northcross Drive, where there is a CATS Park and Ride lot. By using the greenway and the boardwalk/bridge, you would avoid having to get on Sam Furr Road. Safety of bicyclists and pedestrians, and connections to a number of destinations is our primary goal."
I look forward to the day a few years from now when I could
eventually Bike for miles on the interconnected Greenway system of Mecklenburg County.
Wednesday, April 11, 2007
Best Bagels in Charlotte!
Monday, April 9, 2007
Awesome 'For Sale By Owner' Idea
It seems that Birkdale Village Real Estate is so hot right now that For Sale By Owner is all the rage. While on one of our twice daily dog walks around the village we saw this awesome house for sale at 8720 Camberly. Even cooler is that the flyer references a really neat website dedicated just to describing the house. It seems like a great idea especially if you're not registered with the MLS and just relying on drive by drivers. Who doesn't want to look at pictures and be able to point family and friends to a website to help make or solidify the purchase decision.
In Birkdale For Sale By Owner works because there's usually so few houses of a certain type for sale that buyers want to see everyone available before deciding. I know that when we bought here (it was December) there were only 3 houses available at the time and of those there was only one that met our criteria for price and square footage. Right now (Spring Time) it seems that For Sale and For Rent signs are blooming like the flowers. Last year at this time I was concerned that there were too many houses for sale and yet they all sold and the prices went up - go figure. Hopefully, this year will be more of the same and supply with stay tight so that the village continues to see property appreciation.
I view property appreciation as a double edged sword. On one hand it prices out people that would love to live in a mixed use community. On the other hand, hopefully, it conveys to both developers and the planning board that people really want to live in great quality of life locations. Now, if developers build more Birkdale Villages, would Birkdale continue to be so special? Ah, what a conundrum.