Why Buy in Highgate Community, Weddington NC? Online Real Estate Investment Mortgage Glossary

19
Apr

Why Buy in Highgate Community, Weddington NC?

Highgate Community in Weddington, NC is a beautifully developed neighborhood in Union County near Charlotte, NC. Filled with gorgeous homes, meticulous landscaping, and an ideal location, Highgate attracts buyers from all over the Charlotte region.

Search homes for sale in Highgate, Weddington NC.

A new home is one of the largest investments you will make in your lifetime. Doing a thorough investigation of not only the home, builder and neighborhood is a must for any wise investor. However, no matter how great your house is, if not built in the right location it wont feel like home in the long run. Here are some of the reasons we feel comfortable with Highgate Community in Weddington, NC and therefore things you may want to consider as well:

Convenience: Highgates proximity to I-485 makes for an easy commute to major employment and shopping areas including Ballantyne, SouthPark, Fort Mill, the UNCC area, (located within a 40-minute drive); Uptown Charlotte and Douglas International Airport are approximately 30 minutes away.

Schools: Highgate is currently served by the highly sought after Weddington school system and convenient to area private and parochial schools as well.

Lower Taxes: The property tax rates for Union County and the Town of Weddington compare very favorably to surrounding and nearby counties and towns. (For an assessed tax value of $1.2 million, the tax savings for living in Highgate as compared to living in Charlotte-Mecklenburg is over $6,000 or $500 per month.) HOA Dues & Related: Annual HOA dues are currently at an affordable $875; there is no golf course or elaborate amenity center to pay for regardless whether you use it or not. In this economy, many heavily amenitized and partially developed neighborhoods are struggling to meet the financial demands of normal maintenance. In Highgate, the HOA is well capitalized to maintain its 20+ acres of open space and walking trails. (Please call the management company to confirm this statement.) Lots are large enough to build and enjoy your own pool/outdoor living area in the privacy of your own back yard.

Architectural Control: Since the developer has sold all of the lots in Highgate, you dont have to worry that there will be compromises in architectural integrity or with regard to builder requirements in order to sell lots. This, and/or the delay or abandonment of promised amenities can be an unfortunate consequence of partially developed neighborhoods in a down economy. Also, because Highgate is almost fully built out, there is less anxiety about what will be built next door, across the street or behind a respective lot.

Reputation: Highgate was the site of HomeArama in 2003 and among the most popular of any home tour in the history of the Charlotte Home Builders Association. In addition to all of the practical reasons, its simply a beautiful and charming location and continues to have an excellent reputation as a great place to live: sidewalks and street lamps enhance the period architecture; mature trees echo the stability you feel when driving down its winding streets.

To learn more about this successful neighborhood, call the TalkCharlotte Team at 888-297-6100.

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