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June 2007

Jun. 2, 2007 - Charlotte Home Appreciation

Everyone wants to find a great home at a great price.  The problem is what is a great deal?  How about if a home is for sale "under" tax value.  What does that really mean?  First you must understand "tax value".  Charlotte typically assesses home value every 4 years.  Values can change dramatically on 4 years.  If a home is being sold for less than tax value, then either you are getting a great deal or the home has actually depreciated since the previous evaluation.  The Charlotte Real Estate market is strong and if a home is depreciating is a strong market, I do not recommend that home.

Appreciation rates vary based on the aggregate demand.  If you are looking for  high rate of return and a great home, give me a call.  I work with Re/Max in Charlotte and I Can help.  Visit www.FindMyCarolinaHome.com for additional information about the greater Charlotte area.

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As a Charlotte Real Estate Agent, I have an abundance of home buying experience in the greater Charlotte Real Estate market. I enjoy guiding people through the entire home relocation and real estate buying process.

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