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Old 10-17-2018, 07:42 PM
 
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I browse the real estate market often for Gaston County and it seems that prices have really went up in Gastonia — a place that it seems many used to/do view negatively (yeah, I know prices are up in a lot of places). I see some modestly remodeled 2/1 mill homes in not so great ‘hoods are now being listed for $130k+. Seems like pretty soon any ~1000 sq ft+ 3/2 in a decent neighborhood will be at minimum $175-200k in Gastonia.

I guess being 15 minutes from center city is pretty appealing?
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Old 10-17-2018, 09:14 PM
 
Location: The place where the road & the sky collide
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Quote:
Originally Posted by eddiehaskell View Post
I browse the real estate market often for Gaston County and it seems that prices have really went up in Gastonia — a place that it seems many used to/do view negatively (yeah, I know prices are up in a lot of places). I see some modestly remodeled 2/1 mill homes in not so great ‘hoods are now being listed for $130k+. Seems like pretty soon any ~1000 sq ft+ 3/2 in a decent neighborhood will be at minimum $175-200k in Gastonia.

I guess being 15 minutes from center city is pretty appealing?
Last summer I heard that the top 3 municipalities in the area, for sales, this year are Concord, Huntersville, & Gastonia, in that order.
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Old 10-17-2018, 10:42 PM
 
Location: North Carolina
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I think Gastonia finally has some semblance of positive momentum, and downtown is beginning to heat up with the completed renovation of Loray Mills as well as the coming entertainment district. If you're thinking about investing in Gastonia real estate, I wouldn't wait much longer.
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Old 10-17-2018, 11:38 PM
 
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Originally Posted by nicholas_n View Post
I think Gastonia finally has some semblance of positive momentum, and downtown is beginning to heat up with the completed renovation of Loray Mills as well as the coming entertainment district. If you're thinking about investing in Gastonia real estate, I wouldn't wait much longer.
Buy now or wait is the big question. Having watched the market around 2010-2012 it’s a little surprising to see the exact homes that sold for $40-50k coming back on the market for $170k+ with maybe $15k worth of remodeling. Makes you wonder how high they can go.
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Old 10-18-2018, 09:49 AM
 
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Originally Posted by southbound_295 View Post
Last summer I heard that the top 3 municipalities in the area, for sales, this year are Concord, Huntersville, & Gastonia, in that order.
By what metric(s)?

Quote:
Originally Posted by eddiehaskell View Post
I browse the real estate market often for Gaston County and it seems that prices have really went up in Gastonia — a place that it seems many used to/do view negatively (yeah, I know prices are up in a lot of places). I see some modestly remodeled 2/1 mill homes in not so great ‘hoods are now being listed for $130k+. Seems like pretty soon any ~1000 sq ft+ 3/2 in a decent neighborhood will be at minimum $175-200k in Gastonia.

I guess being 15 minutes from center city is pretty appealing?
I think it's that as the prices rise in other parts of the metro, that makes Gastonia's relative affordability more appealing (even if Gastonia prices are rising as well). It's getting rare to find much decent housing for sub-$200K in the Charlotte metro, and Gastonia may be one of the last places where it can still be done. Although with interest rates rising and such, I'm seeing many people predicting at least a plateau in the overall area. But who knows.
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Old 10-18-2018, 10:38 AM
 
Location: The place where the road & the sky collide
23,516 posts, read 29,372,503 times
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Originally Posted by GoPhils View Post
By what metric(s)?



I think it's that as the prices rise in other parts of the metro, that makes Gastonia's relative affordability more appealing (even if Gastonia prices are rising as well). It's getting rare to find much decent housing for sub-$200K in the Charlotte metro, and Gastonia may be one of the last places where it can still be done. Although with interest rates rising and such, I'm seeing many people predicting at least a plateau in the overall area. But who knows.
I think it was on WSOC. It's been a while, but, if I remember correctly, it was in numbers of sales.
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Old 10-19-2018, 02:29 PM
 
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My wife and I live in Gastonia (Crowders Mnt. area) and love it.
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Old 10-21-2018, 10:08 AM
 
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Originally Posted by southbound_295 View Post
Last summer I heard that the top 3 municipalities in the area, for sales, this year are Concord, Huntersville, & Gastonia, in that order.
Gastonia is pretty inexpensive. But if you buy property there you'd have to live in Gastonia...that's the rub.
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Old 10-21-2018, 10:52 AM
 
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Downtown Gastonia is looking pretty nice.
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Old 10-21-2018, 02:10 PM
 
Location: The place where the road & the sky collide
23,516 posts, read 29,372,503 times
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Originally Posted by Eristic1 View Post
Gastonia is pretty inexpensive. But if you buy property there you'd have to live in Gastonia...that's the rub.
And your point is?. . .
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