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. |