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Donna Johnston Talk's Charlotte!

Talk Charlotte Real Estate Blog

By Donna Johnston | Broker in Charlotte, NC

Underappreciated but NOT Undervalued! Cotswold in Charlotte


Underappreciated but NOT Undervalued!charlottes cotswold

There is a section of real estate in Charlotte that you don’t always hear about on a regular basis. The news doesn’t report on it much because it’s a safe and quaint part of the Queen City, yet it’s fully loaded with all the amenities of the most popular areas in town. I’m talking about Cotswold. This area is in close range of spots that are more popular and talked about more frequently, like Myers Park, South Park Mall area, Dilworth, Elizabeth, and South Charlotte.

Yet the properties for sale in this area are very impressive. Some of the most luxurious condominiums in Charlotte are located in Cotswold like those at the Rosewood on Providence, as are some of the homes tucked away in the neighborhood areas. These homes can run into the one million dollar range, yet homes that are very nice and present well are also available in the $100,000 range.

In fact, see for yourself as to the type of homeownership that is taking place in Cotswold in contrast to the real estate sales in Charlotte, NC overall. There have been some significant jumps in the higher range homes but for the most part the price range of homes in Cotswold has been higher than the average in Charlotte.

The number of sales have not been as high because Cotswold is a small spot, which makes it all the nicer to live!

Cotswold median sales prices

Number of sold homes in Cotswold

Neighborhood

Apr - Jun '10

y-o-y

3 months prior

1 year prior

5 years prior

Cotswold

$159,996

-14.2%

$193,500

$186,500

$213,500

Charlotte

$150,000

-3.2%

$141,500

$155,000

$150,750

Any Charlotte Real Estate Agent can tell you about the geographic advantages to living in Cotswold; close to Uptown, close to South Charlotte, and a very good school district.

As you’re looking to buy property in Charlotte, NC, don’t forget to check out Cotswold!

(info is thanks to trulia.com market trends)

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