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10-31-2009, 08:54 PM
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417 posts, read 437,672 times
Reputation: 245
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Montclaire Area?
I know of someone moving here who needs 4 bedrooms (elderly mom living with family of 4) and wants to be near uptown. They cannot go above 200k. They have found, online, some split level homes in Montclaire.
They don't need to be in a popular area, but do want to be safe, close to town and near some basic shopping. They will be in Catholic Schools, likely.
So, any thoughts on this area or suggestion for others in their range?
T
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11-01-2009, 09:34 AM
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4,010 posts, read 4,497,593 times
Reputation: 1466
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My opinion is there is a lot of value and upside to Montclaire. The houses are well built and the lots are large. It's close to a lot of stuff in Charlotte including being within walking distance of a light rail. You couldn't ask for a place that had more access to a diversity of places in Charlotte than that area.
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11-01-2009, 11:57 AM
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Location: Charlotte NC
706 posts, read 411,093 times
Reputation: 415
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These are mostly late 1950s-1960s homes. So you face some limitations .... generally small by today's standards, 8 foot ceilings, few garages, boxy and compartmental ranch-style floorplans. But they are well-built homes.
I flipped one here ... it needed a total rewire, re-roofing and some plumbing work. Houses of this age will have some things reaching the end of their lifespan so I didn't complain. Just be ready to sink several thousand dollars into "something" that a buyer's inspection didn't reveal.
At the crest of the housing bubble in 2006/2007, Monclaire was on the cusp of becoming the next "Madison Park" - a rediscovered area with homes nearing $300K. That's settled back a bit, and it's still something of an outlying area with value to be found.
Prices will always be supressed versus the neighobrhoods just north of it, because it feeds to Waddell High.
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12-06-2009, 06:51 PM
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8 posts, read 9,850 times
Reputation: 11
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I have lived here in the Montclaire area since 1998 and I have to say that it is extremely safe. Plus the light rail is real close to my house. My house is just behind Food Lion so no car is required to go buy groceries I just walk there =D
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