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Ok so the time is approaching for us to look again. We are coming down 8/4. Last year we looked at Ft. Mill and Union county. We ruled out S.C., because we want residency for NC colleges. Liked what we saw in Waxhaw area. Now I am planning to look at Cornelius, Huntersville & Mooresville (graded dist). Need to decide between Union Cty vs. LKN areas. Middle/high schools are a major issue.
ANYWAY, I am revisiting some of the areas in Union that we looked at in the past, and I have to say the deals on these homes in Millbridge and Prescot are FABULOUS! I can't help getting excited about what I can get in a nice dev. for the price. The last posts I read on these developments were when things were tanking for RE, but I think things have hit bottom now, or are close to being there. What do you all think of these develpoments now that the builders tanked?
Bad Idea - or great bargain?
I would also check out Mccullough by John Weiland. It is in Pineville. The homes are fantastic. The schools are zoned for CMS but are good. Cabarrus and Union have better schools overall but their is so much choice in CMS it should not be overlooked.
This has been hashed out over and over again. But many of us don't agree w/ purchasing in a new subdivision. I don't think prices have hit a bottom and even if they have, who knows when a new subdivision will be completed. It could be years or decades. Or never be completed. I wouldn't take the risk.
I bought in Cureton in Waxhaw and love he neighborhood. There are still a few Standard Pacific sites left, but they are going fast..M/I is there too but we liked SP much better.
wdavid - did you look at millbridge or prescott and then choose Cureton because it is more built out?
I did look at Millbridge and was concerned about the size and number of homes proposed. I went through Prescott and just wasn't too impressed. Went to Demere, and a couple of others. We just liked the way Cureton was developed..stone clubhouse, just the neighborhood itself, location..240 homesites and we got lucky and bought a spec that was just finished and was only on the market for a week. So, I was concerned about Millbridge although my wife actually loved the house there more and it was her first choice. The Realtor kind of tried to sway us to Cureton..which in the end was the better choice..
I'd be extremely cautious about any of the subdivisions listed here... Especially when anyone states that homes are "going fast".
There was certainly a spike in activity this Spring due to the homeowner tax credit, but that should not be used as an indication to "hurry". Take your time, research the areas, visit often, and look at what is selling / at what price.
Millbridge is doing pretty well with four builders currently selling there. I don't know of any builders recently who have "tanked" in that community. Great amenity and feel to the neighborhood.
Thanks everyone -- I guess I'll be touring the area anyway. Prescot has homes listed with a lot more sf than Cureton, Millbridge for the same $, so I have to look! It costs me a fortune every time I come down and look because my kids want a say in our choice, and since it is the summer, we stay at Great Wolf Lodge as a reward to house hunting all day - I want to maximize the time. But I think MikeyKid is right about taking your time and finding the right neighborhood - it will be worth it in the end (if I don't go broke or crazy first - lol)
Thanks everyone -- I guess I'll be touring the area anyway. Prescot has homes listed with a lot more sf than Cureton, Millbridge for the same $, so I have to look! It costs me a fortune every time I come down and look because my kids want a say in our choice, and since it is the summer, we stay at Great Wolf Lodge as a reward to house hunting all day - I want to maximize the time. But I think MikeyKid is right about taking your time and finding the right neighborhood - it will be worth it in the end (if I don't go broke or crazy first - lol)
I know it's tough and expensive to visit... Maybe we can help you a bit more if you'd be more specific about your needs/wants/requirements/etc.
To be frank, the lower risk and best deals are going to be resale. If you want to "pick your colors", you're paying a premium that's not worth it IMO - especially when you consider the developments you've listed here, how built out they are, and the general state of the economy. There's plenty of resale to choose from and your kids would go to the exact same schools as if you bought in these subdivisions. Additionally, you could get better access to amenities in Meck county (i.e. Ballantyne) by living further up North in the Marvin Ridge or Weddington clusters (with arguably better schools)... You'll also find that those 2 areas are more established then down where you're looking.
Your price point and other really big requirements would help us help you.
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