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Old 08-30-2009, 07:49 PM
 
Location: Texas
587 posts, read 1,436,583 times
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lovesmountains - actually I don't think up near the lake is going to work - found out husband's potential job is in South Charlotte so that commute would be too long. I realize we'd have to adjust our expectations in Dilworth or Myers Park, but I don't think I'd mind the trade-off (as stlterp said - maybe 50% less house, but gaining the walkability, quaint older homes, etc.). I've looked a little at some real estate listings for that area and it looks like we might be able to get 2000 sq. ft for $500 - 550K? Does that seem about right for MP/Dilworth?
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Old 08-30-2009, 08:38 PM
 
Location: Up above the world so high!
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Quote:
Originally Posted by renlouis View Post
lovesmountains - actually I don't think up near the lake is going to work - found out husband's potential job is in South Charlotte so that commute would be too long. I realize we'd have to adjust our expectations in Dilworth or Myers Park, but I don't think I'd mind the trade-off (as stlterp said - maybe 50% less house, but gaining the walkability, quaint older homes, etc.). I've looked a little at some real estate listings for that area and it looks like we might be able to get 2000 sq. ft for $500 - 550K? Does that seem about right for MP/Dilworth?
You are right - if your husband's job is in south Charlotte, you do not want to live up by the lake!

Yes, you could find about 1800 to 2000 square feet for around $500,000 - but not really in the heart of Myers Park. Those listings you are looking at are either way on the fringes of Myers Park and some are being falsely advertized as Myers Park and aren't in Myers Park at all!
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Old 08-30-2009, 09:51 PM
 
Location: Up above the world so high!
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Default this link may be of interest to some looking at schools in Charlotte...

College prep lags at CMS urban schools - CharlotteObserver.com
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Old 08-31-2009, 05:22 AM
 
4,010 posts, read 8,952,098 times
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Quote:
Originally Posted by renlouis View Post
.... but gaining the walkability, quaint older homes, etc.). I've looked a little at some real estate listings for that area and it looks like we might be able to get 2000 sq. ft for $500 - 550K? Does that seem about right for MP/Dilworth?
I might be missing something here, but MP is not very walkable and was never really designed as such. After Eastover was built with the idea of keeping out anyone that didn't have a car, Myers Park adopted it as well. In those days, only the rich had cars and building neighborhoods that catered exclusively to the car was a way to separate out the rest of the lesser classes. Unfortunately over the last 10 years, many of the elegant quaint homes have been torn down and replaced by McMansions. Also much of the surrounding area that is incorrectly referred to as Myers Park is actually Myers Park Manor and was built much much later in the 50s, 60s and 70s, and the homes are of the style from that period.

Dilworth, IMO isn't that walkable either, (and I used to live there) but it does have homes that haven't changed due to the historic restrictions on that neighborhood. The risk you take in Dilworth vs MP is that it is more subject to price declines if the market continues to fall, and my guess is this will be dependant directly upon what eventually happens to banking employment in this city. The areas that had the highest run up will have the highest fall and you don't want to be on that side of the curve. (unless you don't care because you really want to live there long term then it doesn't matter.

Last edited by lumbollo; 08-31-2009 at 05:30 AM..
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Old 08-31-2009, 05:31 AM
 
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Agree that MP isn't very walkable, but Dilworth can be...depending on your proximity to East Blvd (and South, to a lesser extent) From what I've seen, most of the price decreases in Dilworth have come on new construction built outside of the historic district (which also represented a lot of the price runup in previous years) I don't get the sense that Dilworth or MP (or Elizabeth for that matter) had crazy, unsustainable price increases.

As for MP, yeah, a lot of the stuff in the $500-550K price range will be ranch style homes south of Freedom park, towards Woodlawn. Nice areas, but even in that price range, probably not much in the way of updates.
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Old 09-14-2009, 03:26 PM
 
Location: Charlotte, NC
2,193 posts, read 4,546,867 times
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Quote:
Originally Posted by lovesMountains View Post
You are right - if your husband's job is in south Charlotte, you do not want to live up by the lake!

Yes, you could find about 1800 to 2000 square feet for around $500,000 - but not really in the heart of Myers Park. Those listings you are looking at are either way on the fringes of Myers Park and some are being falsely advertized as Myers Park and aren't in Myers Park at all!
What area are you talking about that are advertised as MP but actually arent in MP at all?
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Old 09-14-2009, 04:05 PM
 
Location: Up above the world so high!
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Originally Posted by sheenie2000 View Post
What area are you talking about that are advertised as MP but actually arent in MP at all?
I have seen houses off of Selwyn on the south side of Runnymeade try to call themselves Myers Park.
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Old 09-24-2009, 11:19 AM
 
Location: Charlotte, NC
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Quote:
Originally Posted by lovesMountains View Post
I have seen houses off of Selwyn on the south side of Runnymeade try to call themselves Myers Park.
I was actually looking at some houses in that area. That area seems nice though and a little bit more affordable.
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Old 09-24-2009, 11:28 AM
 
Location: Up above the world so high!
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Quote:
Originally Posted by sheenie2000 View Post
I was actually looking at some houses in that area. That area seems nice though and a little bit more affordable.
It is a nice area It's just not right to call it Myers Park. People are just trying to glam on to the Myers Park name to increase their desirability.
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Old 09-24-2009, 11:34 AM
 
Location: Charlotte, NC
2,193 posts, read 4,546,867 times
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Quote:
Originally Posted by lovesMountains View Post
It is a nice area It's just not right to call it Myers Park. People are just trying to glam on to the Myers Park name to increase their desirability.
Lol, I guess myers park just has a nice sound to it.
Most of the real estate websites call it Myers Park subdivision except Trulia. They call it Barclay Downs.
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