General Area in Mint Hill>Question Details

wendy, Home Buyer in Lancaster, SC

We are from out of state. Just how busy is Matt-Mint Hill road? Would property value be an issue if we bought on this road?

Asked by wendy, Lancaster, SC Sun Oct 2, 2011

We are looking at Farmwood too but have heard some issues about the water company who services this area as being overpriced. any insight?

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NCDOT 2010 counts are 13,000 to 14,000 vehicles a day in this section of Matthews Mint Hill as it runs past Farmwood. Link is below.

In the Charlotte region, there is a tradition of showcasing some of the largest and most impressive homes on the main thoroughfares. If there is a difference between property values for Farmwood homes on Matthews Mint Hill and the interior of the neighborhood, it almost certainly is already reflected in the price. You should be fairly confident that there is not going to be a future decline in value based on the road. And if more of this property or additional easement is needed for a widening, you could expect to be compensated by the state/county.

The water situation is something you would need to investigate for this specific property. If it is on Matthews Mint Hill Rd, it is most likely to have county water, but it might also be on a well. The cost would of course vary with the source. If on county water, you should expect rates to be equivalent with other areas of the county. Details can be obtained through the CMUD website http://charmeck.org/city/charlotte/Utilities/Pages/Home.aspx or phone lines.

But there are a lot more factors to consider than traffic, property values and water when purchasing a home...If you have a full time agent with a Masters degree in Planning with Finance and over two decades of experience, working for you, you will likely do better in negotiations. I'd be pleased to provide that service. ...and if you like this reply, please give it a "thumbs up" or "best answer".
1 vote Thank Flag Link Mon Oct 3, 2011
It is a busy road but we love living here only reason we want to move is I am retiring and it is time to downsize the dot estimate seems very high, also we have well water not city
0 votes Thank Flag Link Thu Sep 11, 2014
Property values are usually lower on main roads or in sight of main roads like corner lots etc. Lot size, distance from the road and Curb appeal all help ballance any depreciation.
0 votes Thank Flag Link Mon Oct 3, 2011
Some of the homes in Farmwood have not hooked up to the city waterline that was made available to the homeowners probably about 10 years ago. It is then the homeowners responsibility to connect. I would think it would be difficult to have to pay for the hook up and then the monthly fees when it had been free up to that point.
0 votes Thank Flag Link Mon Oct 3, 2011
Matthews Mint Hill road changes names several times, but it is always Route 51. The Matthews Mint Hill Road can become backed up at the Idlewild Rd Intersection. If you are closer to Mint Hill it is truly not a problem because a lot of the traffic turns left at Lebanon Rd. The amount of traffic is minimal between Lebanon Rd and Lawyers Rd because there it is usually just local traffic. There is a charter school and a shopping center so the traffic is constant, but there are plenty of beautiful homes that are comfortably set off of this road.
0 votes Thank Flag Link Mon Oct 3, 2011
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