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Old 09-15-2015, 08:12 AM
 
Location: Massachusetts
32 posts, read 29,530 times
Reputation: 11

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Our house hunt is bringing more challenges than expected and the market is slowing down so we're looking at different areas. I see a new development called Park South Station off Archdale Dr. Does anyone know anything about this development, area, schools? What is the actual neighborhood its part of? Seems like a good location relative to commute to Uptown, and the lite rail is very close, but not being from the area, I was hoping to get some locals honest opinions. Thanks.
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Old 09-15-2015, 08:44 AM
 
Location: Southport
4,639 posts, read 4,778,931 times
Reputation: 3413
Here's some existing threads you might be interested in:

Park South Station?
Existing Owners - Pulte Park South Station Townhouse
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Old 09-15-2015, 09:11 AM
 
9 posts, read 7,208 times
Reputation: 10
We are having the same problem, the market is hot right now( bidding wars where a house can go way over asking, kinda feels like what happened before the housing bubble burst in 2008), at least that is what we are being told, but what we are for seeing for housing, is a lot of old homes in need of some serious work at inflated prices.

and we are also looking to buy in Park South Station, but are a little concerned on the brownfield for resale and the schools, but we like that it's new and location is great if you work in uptown.

What are you seeing/ challenges within the Charlotte housing market?

Here's another thread....

Real Estate Market? Buying a home now or wait until 2016?
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Old 09-15-2015, 10:50 AM
 
Location: NC
6,032 posts, read 7,529,533 times
Reputation: 6350
I would definitely not buy there.

1) South Blvd area apartments & crime are too close
2) Prices are too high in my opinion for what you are getting
3) HOA & small small lots
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Old 09-15-2015, 02:17 PM
 
18 posts, read 14,382 times
Reputation: 20
We bought here 1 year ago. We love it! The price is a little high but it's all about location. That was/is very important to us. Yards are tiny but there is a ton of space to walk and green space to go to. It's a large community but very friendly. Every night tons of people and families are out walk and chatting. T
Atleats every other week thee is something happening, bunco, football watching parties, dinner parties etc.
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Old 09-16-2015, 06:07 AM
 
Location: NC
6,032 posts, read 7,529,533 times
Reputation: 6350
With the high initial prices and tract style construction, I would just be wary on any potential resale value.....
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Old 09-16-2015, 06:40 AM
 
Location: Charlotte
8 posts, read 7,993 times
Reputation: 12
Easy commute to uptown.
If you are looking for great schools, this may not be a good option.
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