Tag Archives for " Homes for sale in Charlotte North Carolina "

Charlotte Ranked The 5th Best City in America for “Spending Within Their Means”

Homes for Sale in Charlotte NC

Making ends meet

In these days with a fluctuating economy, it can be hard to make ends meet at times. It takes a lot of discipline to pay off your house mortgage, credit, utility bills and still have enough for your needs. Your lifestyle plays an important role, and having family, friends and neighbors who support your ‘downsized lifestyle’ is a must.

How would you like to live in one of top US cities which spend within their means? It could mean a lot, especially if you are trying to live comfortably but also want to ensure you are spending within your budget.

LendingTree just released their recent ranking of the top 50 metropolitan areas based on how their residents are spending within their means.  It used three metrics to score each metro – the average number of credit inquiries, use of revolving credit, and non-housing debt balances as a percentage of income and mortgage balances.

They found out that among the 50 metropolitan areas, many residents use their revolving credit lines, have mortgage balances averaging 79% of their annual income and with non-housing debt balances of around 44% of their annual income.

Good news for Carolina residents

Charlotte ranked 5th out of 500 cities where residents are more likely to be living within their means, averaging 3.8 credit card inquiries in the last two years. Only 28.2% of its residents use revolving credit utilization, with 43.2% residents having non-housing debt to income.

Greenville, SC scored the top rank among the cities, despite it being the second-lowest average income in all 50 cities ranked.  It averages at $65,503 per household.

Greensboro, NC residents are also successful in frugal living, obtaining the second best rank on the list.

Why move to Charlotte?

If you are already neck deep in debt and would like to enjoy a comfortable lifestyle and pay your mortgages and credit cards, you should consider moving into a city like Charlotte.

Think about it. Is moving to Charlotte NC a good choice? Movers are driven by economic opportunities and incentives. If so, then one the best places to resettle is none other than Charlotte.

Here are some good reasons why:

  1. It is the third largest financial center in the country with companies like AT&T, Bank of America, Microsoft, and Wells Fargo.
  2. NC  has the 5th largest industry workforce in the nation as it is home to internationally known companies including DuPont.
  3. The largest research park in the country and three Tier 1 research universities, as well as major biotechnology and pharmaceutical companies, can also be found in here.
  4. There is a low cost of living.

How does this translate for potential movers? Better investment opportunities, higher average incomes, and more employment opportunities, are just a few ways.

And if those things are not reasons enough, imagine enjoying beauty of nature that abounds in North Carolina – the crisp fresh air as you hike the Appalachian Trails or bike the trails of Rocky Knob Mountain Bike Park, the spectacular view of fall colors as you drive along the Blue Ridge Parkway, and the orange-hued sunrise viewed over the Atlantic Ocean from the beaches of Brunswick Islands.

Are you convinced yet? I am!

Looking for a new home in Charlotte? Call me, Nancy Braun, at (704) 997-3794. I’d be glad to assist with your real estate needs.

Which Home Remodeling Projects Have the Best Returns?

Homes for Sale in Charlotte NC

Are you thinking of doing home improvement projects to add value to your home?

Renovating and improving your home can be an excellent way to give it a makeover. A few upgrades can also increase your chances when you want or need to sell your Charlotte NC home.

However, not all home improvements will reward you when the time comes to sell. Some will increase the value of your home, and some will actually make selling more difficult. Choose the projects that have the best financial impacts.


Here are the best six home remodeling projects that deliver the highest return:

1. Upgraded Landscaping

Most people would expect a major kitchen renovation to be on the top of this list.

However, if your outdoor living areas need a new look, a little upgrade can do wonders to your current landscape. Remember that a well landscaped yard is essential to adding to a home’s curb appeal.

Buyers looking for homes for sale in Charlotte will be more excited to tour a home that looks inviting on the outside.

What does a basic landscaping upgrade include?

Flowering shrubs

A 15-bart-tall deciduous tree

A flagstone walkway

Two 6-by-2 stone planters

Fresh mulch

The cost: $4,750

The return: 105% at $5,000


2. New Roof

Updating your home’s roof gives you the opportunity to cut cooling costs while improving curb appeal and resale value.

Roofs do need replacing eventually. If you fail to do so, the results could be very costly, including ruined walls, mold, and mildew stains.

If you notice that shingles are missing, curling up, or covered in moss, and gritty bits from the asphalt shingles are coming out the downspout, then it’s time to give your home a new roof.

The cost: $7,600

The return: 105% at $8,000


3. Hardwood Floors

You can’t go wrong if you’re thinking of putting in wood floors. Hardwood floors are a timeless classic. They have unmatched natural beauty and go with any decor, be it modern, traditional, or country.

Hardwood flooring goes in any room. However, kitchens and basements may warrant special considerations.

The cost to refinish: $2,500

The return: 100% at $2,500

The cost to buy new: $5,500

The return: 91% at $5,000


4. A Patio or Deck

A nice patio or deck is a worthwhile investment because outdoor living spaces have become more desirable. When you decide to sell, your home will be more appealing to prospective buyers looking for Charlotte NC homes for sale.

The cost of a patio: $6,400

The return: 102% at $6525

The cost of a deck: $9,450

The return: 106% at $10,000


5. Energy- Efficient Insulation

If your home hasn’t been modified with energy efficiency in mind, it will cost more to live in your home and maintain it.

Updating your insulation can make your home more appealing to potential buyers. Don’t wait until you’re forced to wear your parka indoors.

The cost: $2,100

The return: 95% at $2,000 plus the added savings on heating and cooling costs


6.  New Garage Door

Aside from boosting your home’s value, a new garage door also improves the safety of your home. A new garage door means it’s using newer technology.

It also helps in improving your curbside appeal. There are also many options to choose from-  a host of factory-finish colors, wood-look embossed steel, and glass window insets.

The cost: $2,300 (for a two-door)

The return: 87% at $2,000


If you would like to learn more tips about improving your home’s value, or would like to see homes for sale in Charlotte North Carolina, visit my website at http://ShowcaseRealty.net

Call me, Nancy Braun, at (704) 997-3794. Contact me today for all your real estate needs.


Source: The National Association of REALTORS®’ 2015 Remodeling Impact Report and 2016 Remodeling Impact Report: Outdoor Features