Danielle Edwards

RE/MAX Executive

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MARKET UPDATE FOR ZIP CODE 28226

February 27, 2024 by Danielle Edwards

Market Update for Zip Code 28226: South Charlotte Real Estate Insights

28226 South Charlotte Video Market Update Quarter One 2024

Latest Trends in South Charlotte Real Estate Market

Exploring the Dynamics

In this market update for zip code 28226, we delve into the dynamics of the South Charlotte real estate landscape. Top  RE/MAX agent Danielle Edwards provides insights into the current scenario.

Supply and Demand Analysis

Supply and demand dynamics take center stage in the South Charlotte/South Park area. With inventory levels at less than a month’s worth, the market offers promising prospects for both sellers and buyers alike in Charlotte, NC.Spring Season Surge: Buyer Activity Intensifies

As we approach the spring real estate season, buyer activity is intensifying, indicating a potential surge in market activity. Whether you’re considering buying or selling property in Charlotte, now is a crucial time to stay informed and make well-informed decisions.

Strategizing in the Competitive Market

Moreover, with the influx of buyers and the limited inventory, competition is expected to heat up in zip code 28226. It’s imperative for both sellers and buyers to strategize effectively to navigate this dynamic market successfully.

External Factors at Play

Additionally, factors such as interest rates, economic conditions, and government policies play a significant role in shaping the real estate landscape. Keeping abreast of these developments is essential for making informed decisions.

Conclusion: Expert Guidance Matters

In conclusion, the real estate scene in zip code 28226 is set for robust activity in the upcoming months. Whether you’re a seller looking to capitalize on the market demand or a buyer seeking to find your dream home, expert guidance can make all the difference. Reach out to us for personalized assistance in navigating the South Charlotte real estate market.

Stay tuned for all updates! Follow us on social media, Facebook, Instagram and YouTube.

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Explore 28226 Today

View available spec homes LIVE in this link.

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Top Charlotte Real Estate Agent As Seen on House Hunters Charlotte guiding her buyer Lyndsay on her relocation.

 

 

 

 

 

 

Charlotte Real Estate Agent
Danielle Edwards, Hall of Fame, Diamond Award Team,

2023 Community Luminary of the Year

Olde Providence Elementary Advocate/Sponsor

OP PTA Board member

Selling Charlotte since 2006

danielleedwards@REMAX.net

 

 

Information from Canopy MLS.


Filed Under: Advice, Blog, Charlotte News and Information, Charlotte Real Estate News Tagged With: 28226, Ballantyne, best realtor charlotte, buyers agent, Buying a Home Ballantyne NC, Charlotte Living and Lifestyle, Charlotte North Carolina, charlotte real estate, danielle edwards, Home buying tips, Home Staging Tips, home tips, house for sale, House hunting, how to buy a home in charlotte, Investing in Real Estate, moving to charlotte, north carolina, Property Tax, Real Estate Agent, Real Estate Agent in North Carolina, real estate market update, real estate tips, remax agent, remax agent charlotte, remax executive, Remax Real Estate Agent Ballantyne NC, Remax Realtor South Park NC, south carolina, south charlotte, south park

Costs to Remember when Buying a Home

March 10, 2023 by Danielle Edwards

Learn About Home Buying Costs

When buying a home, there are many costs that go beyond the down payment and mortgage.

Homebuyers should factor in several additional expenses such as closing costs, appraisal fees, transfer tax, homeowner’s insurance fees and more. What’s more, these costs differ by state.

 

Closing Costs:

Closing costs typically include lawyer fees, title search fees and other administrative expenses associated with the completion of a sale agreement. Depending on where you live, closing costs could range from 2-5% of the purchase price of the home.

 

Appraisal Fees:

Appraisal fees generally depend on the size and complexity of the property being appraised but can range from $200-$1000 or more in some cases.

 

Transfer Taxes:

Transfer taxes are state or local fees that are paid on the sale of a house. The amount of transfer tax can range from 0-2% of the purchase price, depending on where you live.

 

Homeowner’s Insurance Fees:

Homeowners insurance is an annual fee that pays for repairs and damages to the home. Generally, this type of insurance costs between 0.2-1% of the purchase price annually.

 

Inspection Fees:

Home inspections typically cost around $500-$1000 but can vary widely depending on factors such as the size of the house and any special features it may have.

 

Closing Costs:

Closing costs can include fees for attorney’s services, title insurance, loan origination fees and other charges associated with obtaining a mortgage. Depending on your location, closing costs generally range from 2-6% of the purchase price.

 

Utility Bills:

Utility bills cover water, electricity, gas and other features such as trash pickup. These bills can range from a few hundred dollars to thousands of dollars per month, depending on your location, the size of your home and how energy efficient it is.

 

Maintenance & Repairs:

Home maintenance and repairs may cost anywhere between 2-4% of the purchase price annually. This includes costs for basic maintenance like mowing the lawn, as well as larger projects such as replacing a roof or an HVAC system.

 

Property Taxes:

Property taxes are paid annually and are calculated based on the assessed value of your home. The amount can range from 0.5-2% of your purchase price each year.

 

Insurance:

Homeowners insurance is typically required by the lender and can range from 0.2-1% of the purchase price each year. The cost may depend on your location, the size of your home and other factors.

 

HOA Fees:

If you are buying a condo or a home in a planned development, you may have to pay homeowner association (HOA) fees which cover shared amenities such as pools, common areas and parking lots. The cost of these fees can vary greatly depending on the type of property and the amenities offered.  Some communities will have capital contribution fees also, you see this more in the master plan communities.

 

Contact Danielle Edwards for information on Charlotte, NC, real estate. 

Danielle won Charlotte’s Best Female Realtor of 2022 by Elevate Magazine

Danielle Edwards

Charlotte Realtor® Danielle Edwards has been helping clients with their real estate needs since 2006.
2023 is the year of the Professional Realtor and getting back to a more normal real estate market.

Danielle Edwards
Charlotte Real Estate
Realtor, REMAX EXECUTIVE
Hefferon | Edwards Team

704-761-7484
Licensed In: NC
License #: 249833
Contact Me

Questions to Ask Real Estate Agent - Charlotte, NC

 

 

 

 

 

 

 

 

 

 

 

Useful Links

Check out my FIVE STAR REVIEWS here!

 

Filed Under: Personal Interest, Uncategorized Tagged With: 28104, 28105, 28210, 28211, 28226, 28270, 28277, Appraisal, best real estate agent in charlotte, best realtor charlotte, charlotte favorite realtor, charlotte real estate tips, Closing Costs, HOA Fees, Homebuying, Homebuying Costs, Homebuying Tips, Homeowner's Insurance Fees, Insurance, Property Taxes, real estate tips, Repair Fees, top realtor charlotte

Voted BEST Elementary School in Charlotte 2022!

November 3, 2022 by Danielle Edwards

Voted BEST Elementary School in Charlotte 2022!

“OP is the Place to Be!”

This has been the mantra for Olde Providence Elementary for many years. And this year, the greater Charlotte community is hearing our roar!  Olde Providence was voted the Best Elementary School in Charlotte in 2022!

Why does this matter to me? I live in this area and I am proud to call it home.  Clara is a proud OP student and we LOVE our school and community. With an incredible team of staff, teachers, parents and volunteers who generously give their time and talents, OP keeps getting better and better. Many groups work together with the school to ensure every need is met, a love of learning is fostered and every student knows they are important.

Why does this matter to you? South Charlotte is home to many top-rated schools and I’m here to help you find the perfect landing place for your family to thrive. Being a local resident of the area, I know the ins and outs of each neighborhood, their local parks, restaurants, shopping, entertainment options and so much more!

Click here to see what is currently on the market in this area.

And buckle-up for this Olde Providence neighborhood tour to celebrate this sweet community!

OLDE PROVIDENCE Driving Tour by CHARLOTTE Realtor®- DANIELLE EDWARDS


Olde Providence is located in South Charlotte, just south of “Southpark” area.  This hidden gem is now booming with options.  The Olde Providence community itself was established in the early 1960s.  Many homeowners are bringing their HGTV dreams to this community and making Joanna Gaines proud!

The Olde Providence Elementary school is top-notch with an excellent PTA.   Many people get on the waitlist to join the Windy Rush Country Club for their summer fun, swim team & tennis lessons.

The homes in OLDE PROVIDENCE community and area itself typically sell fast.  Its location, amenities, and excellent schools make this a great place to call home.

If you would like help getting to know this area or how to best position your home in the market- let’s talk!


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Danielle Edwards Favorite MUST have Charlotte Real Estate Links

Buyer real estate software for market  updates

Best real estate software for your homes value

Search Charlotte Properties with Danielle

Check out my FIVE STAR REVIEWS here!

Filed Under: Charlotte News and Information, Home Tour Tagged With: 28226, best communities olde providence elementary, best communities south charlotte, buyers agent charlotte, Charlotte NC, Charlotte realtor, danielle edwards, driving tour olde providence, food lion charlotte, homes in olde providence, listing agent charlotte, olde providence, olde providence elementary, realtor, remax executive, remax realtor, south charlotte, Southpark, windy rush country club, windy rush swim and tennis

What is DUE DILIGENCE in NORTH CAROLINA?

January 16, 2022 by Danielle Edwards

What is DUE DILIGENCE in NORTH CAROLINA Real Estate?

It is 2022 and the real estate game has changed.  Buying a home in NORTH CAROLINA? You will probably hear the term DUE DILIGENCE several times.  The Due Diligence process has changed over time and can differ from state to state. If you have purchased a home in the past or in another state, keep in mind that this process may be different from what you experienced during your last purchase.

This video was filmed before the current seller’s market we are in today.  Examples used in this video do not

portray how much due diligence fees are today.  When deciding how much due diligence money to put down on your home

you should always consult your Realtor. (hopefully that is me)

DUE DILIGENCE 101 or HOW TO UNDERSTAND DUE DILIGENCE PERIOD – REAL ESTATE IN NORTH CAROLINA.

BY DANIELLE EDWARDS

Check out my new video/blog

How to buy a home in Charlotte NC 2022

Due Diligence FAQ

The DUE DILIGENCE Process was created to benefit the buyer and the seller.

How does The Due Diligence Process help the seller?

Before the seller of a home officially takes it off the market, they will receive a certain amount of money, upfront from the buyer. If the buyer follows through with the home purchase through closing, the seller will then credit the buyer the due diligence money at closing time.

How does The Due Diligence Process help the buyer?

The buyer uses due diligence as a way to show their good faith that they are very serious about purchasing a home from the sellers.  The buyer knows if they back out for ANY REASON before 5 pm at the end of the closing period, they will lose their due diligence fee and money spent on inspections & appraisal.

What is a normal due diligence amount for buying a home in North Carolina?

Great question!! This amount has changed drastically in the past two years.  Given the competitive market in Charlotte and lack of inventory, we are now seeing the due diligence amount being more than the earnest money amount. Simple answer: It could range $250-$10,000 depending on the price of the home.

Here are some recent Due Diligence amounts on homes I have closed in Charlotte, NC:

  • $369,000 home = $1500 due diligence    >>>  2021 real example >>>  $10,000 due diligence
  • $301000 home =  $3000 due diligence >>> 2022 real example >>>> $10,000
  • $505000 home = $2000 due diligence>>>> 2022 real example >>>>$18,000

The amount varies based on many other factors of your offer to purchase a home in North Carolina.

This amount is always negotiated between the buyers, sellers, and corresponding agents.  You might offer $800, and the seller may come back and say $1,500.  When in a multiple offer situation, the  Due Diligence amount is sometimes even more important to the seller than who has made the higher offer!  If it is between you and another buyer, the seller will want to close the deal with the buyer who seems the most serious and the most financially able to purchase their home.

When do you pay the due diligence money to the seller?

Within 5 days of executed contract.  This is normally done within 24 hours, but there is a 5 day period if the buyer’s agent checks the 5-day amount on the offer to purchase contract.

How long is the due diligence period when buying a home in North Carolina?

This is a negotiated period.  The shorter the period, the better the offer to the sellers.

I would say 2.5-4 weeks is typical for a due diligence period in North Carolina, NC.

Your offer might say 4 weeks, the seller may come back and ask for 3 weeks instead.

What is earnest money when buying a home in North Carolina?

Earnest money is typically 1% of the contract price.  Again, negotiated.

The buyer will give their agent an earnest money check once the buyer’s offer is accepted. This is normally made out to REMAX EXECUTIVE(for example).  The check is deposited for escrow at closing.  The buyer’s agent will refund the earnest money within 2-5 business days if the buyer were to back out during the due diligence period for any reason. If for some reason there is a discrepancy with releasing the earnest money, then you will have to go to mediation.  (I have never had that happen).  However,  at 5:01 pm on the date the due diligence period ends that earnest money is no longer refundable.  It will stay in escrow for you and be a credit to you at closing.

Some agents will show a copy of both checks when presenting the offer.  Always make sure your account information is covered.  This shows good faith. About 60% of the time, this is how the process goes.  There are times a buyer will not have checks on them and the checks are presented after their offer is accepted.  It can be a personal check or a certified check.  Certified is typically preferred, but not necessary.

DO YOU HAVE A BUYER’S AGENT?

If you are looking for a buyer’s agent in the Charlotte area I would be honored to work with you.  There are also two other Realtors on my team to help assist you if you are looking in an area that I am not an expert in.  It is very important to choose an agent who works in the trenches in the area you are looking in.  I can also help refer you an agent in North or South Carolina with my network of fantastic agents I have worked with.  I am licensed in NC/SC and cover parts of the Fort Mill/Lake Wylie area.

For more great tips on buying a Charlotte home visit www.SoldOnDanielle.com

Contact me below and let’s talk Charlotte real estate!

Check out my reviews on Google!

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Filed Under: Charlotte News and Information Tagged With: 28226, 28277, appraisal gap, best Realtor® in charlotte, buyers agent, buying home tips, charlotte nc buyers agent, Charlotte realtor, due diligence, how much due diligence should you put down, how to buy a home in nc, real estate, realtor near me, remax charlotte, what is due diligence in nc, why do I need a buyers agent

2021 Real Estate Market Review

December 30, 2021 by Danielle Edwards

2021 Real Estate Market Review – Charlotte, NC

By Charlotte Realtor, Danielle Edwards

RE/MAX EXECUTIVE

What a CRAZY year this has been!  Let’s recap the year with some quick points to keep you current and up to date at your next gathering!

CHARLOTTE QUICK HOME STATS

  • Single Family rent prices are up 10.9%
  • The average Charlotte Home sale price is $406,915 which is up 16.7% over last year
  • Charlotte homes on average received 100.2% of the List price, which is up 1.3% over last year
  • The average days on market is 19
  • Of the 12,948 homes sold last year, 3,615 of them were CASH buyers!

The average homeowner gained around $56,000 in equity in 2021.

What do you do with all that money?

Save it
Improve your home
Buy investment property

TOP 10 Home Improvements for 2021

Listed in order with the percentage of cost recouped, average project cost, and resale value.

Attic insulation                  107.7%                    $1,343 cost                   $1,446 resale
Avg. Entry door replace    90.7%                     $1,413 cost                    $1,282 resale
Stone veneer                       89.4%                      $7,851 cost                    $7,019 resale
Upscale garage replace     85%                         $3,304 cost                   $2,810 resale
Minor kitchen remodel    80.2%                      $20,830 cost                 $16,699 resale (better offers)
Entry door fiberglass        77.8%                       $3,276 cost                    $2,2500 resale
Midrange garage door      76.9%                        $1,749 cost                    $1,345 resale (curb appeal)
Siding replacement           76.4%                       $15, 282 cost                 $11,286 resale(better offers/energy)
Window replace/vinyl      73.9%                       $15.282 cost                   $11,286 resale(better offers/energy)
Deck addition                    71.5%                         $10,707 cost                   $7,652

Charlotte homes with updated curb appeal sell faster and receive stronger offers.  I have seen this hands down over and over this year.

CHARLOTTE Realtor®

As your trusted Charlotte Realtor, I am here to advise on what improvements are most beneficial for your Charlotte home.  Plus, with my trusted network of professionals, I can recommend vendors to do the job!

How are you keeping up with your home value?

This year I invested in the lasted in real estate software for my clients and you!  It is called HOMEBOT.  It works like other algorithms, but the difference is that it connects to your personal equity/payoff and advises you on everything from refinancing to investing.  My data-loving clients are LOVING THIS!  The best part is you can add all your properties into one portal and receive a monthly update on your home.

Granted, this is software and not an exact science.  But, it is a wonderful tool and will get you off those third-party sites that are not as accurate.  You can also click ONE button to request a ‘real value’ report to be done where we can update that value so moving forward it is more accurate.

Click here to access

IN BIG NEWS!!!

Do you watch those real estate tv shows?

I was featured on “First-time Homebuyer” sponsored by the National Association of Realtors. It was surreal to be able to share one of my greatest victories of 2021 with the TV world.  My buyer Danaya and I worked nonstop to find her first home in Charlotte, NC.

The show airs on HULU or YOUTUBE TV.

Season Two / Episode 2
Or you can just watch it here

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Danielle Edwards

704-604-2999

drivendanielle@gmail.com

Soldondanielle.com

Instagram- @danielle_your_Realtor

 

 

 

Filed Under: Charlotte News and Information, Charlotte Real Estate News Tagged With: 28226, best realtor charlotte, buyer agent charlotte, Charlotte, Charlotte realtor, Charlotte Suburbs, danielle edwards, hulu, listing agent charlotte, moving, national association of realtors, real estate market, realtor charlotte, realtor near me, remax agent ballantyne nc, remax agent charlotte, remax executive, remax realtor, top agents charlotte, youtube

What can $400,000 buy you in Charlotte , NC?

April 1, 2021 by Danielle Edwards

What can $400,000 buy you in Charlotte, NC

Welcome to Charlotte, NC. One of the fastest growing cities in the South. The climate in Charlotte, international airport, technology hub and banking center make this a city that people want to move to and companies want to be apart of.

When I first moved to Charlotte in 2006 $400,000 could go a long way. That is not so much the case. The building supply has not kept up with the speed in which people are moving to Charlotte. It is estimated an average of 157 people a day move to the Queen City .

Here is a video I did showing listings on the market in this price point. This video will also give you an idea on the areas where you can find homes in this price point and how the type of home may differ.

What can $400,000 buy you in Charlotte, NC?

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Danielle Edwards Favorite MUST have Charlotte Real Estate Links

Buyer real estate software for market  updates

Best real estate software for your homes value

Search Charlotte Properties with Danielle

Check out my FIVE STAR REVIEWS here!

 

Filed Under: Charlotte News and Information Tagged With: 28226, 28270, 28277, Ballantyne, Charlotte NC, danielle edwards, home prices charlotte, Matthews, north carolina, olde providence, PIper glen, remax, remax agent, remax executive, Southpark, what can $400000 buy you in charlotte

Best communities South Charlotte- Olde Providence -28226

March 16, 2021 by Danielle Edwards

Olde Providence

 

Charlotte, NC

Driving Tour by Charlotte Realtor®, Danielle Edwards

 

 

 

 

Olde Providence is located in South Charlotte, just south of “Southpark” area.  This hidden gem is now booming with options.  The Olde Providence community itself was established in the early 1960s.  Many homeowners are bringing their HGTV dreams to this community and making Joanna Gaines proud!

VIDEO ON OLDE PROVIDENCE by CHARLOTTE Realtor®- DANIELLE EDWARDS

The Olde Providence Elementary school is top-notch with an excellent PTA.   Many people get on the waitlist to join the Windy Rush Country Club for their summer fun, swim team & tennis lessons.

The homes in OLDE PROVIDENCE community and area itself typically sell fast.  Its location, amenities, and excellent schools make this a great place to call home.

Click here to see what is currently on the market in this area.

I live in this area and I am proud to call it home.  If you would like help getting to know this area or how to best position your home in the market- let’s talk!

Here is what my clients have to say

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Danielle Edwards Favorite MUST have Charlotte Real Estate Links

Buyer real estate software for market  updates

Best real estate software for your homes value

Search Charlotte Properties with Danielle

Check out my FIVE STAR REVIEWS here!

Filed Under: Charlotte News and Information, Home Tour Tagged With: 28226, best communities olde providence elementary, best communities south charlotte, buyers agent charlotte, Charlotte NC, Charlotte realtor, danielle edwards, driving tour olde providence, food lion charlotte, homes in olde providence, listing agent charlotte, olde providence, olde providence elementary, realtor, remax executive, remax realtor, south charlotte, Southpark, windy rush country club, windy rush swim and tennis

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Contact

Danielle Edwards
RE/MAX Executive
12104 Copper Way Ste. 100
Charlotte, NC 28277
704-276-6882
info@soldondanielle.com

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