5 Tips for First-Time Home Buyers

preview

Buying a home is one of the biggest decisions – not to mention largest purchases – that many will make in a lifetime. There’s a lot to consider, including your finances, the type of home you’re looking for and, of course, its location. Especially for first-time buyers, the process can understandably feel overwhelming! Fortunately, with the right knowledge and preparation, you can ensure you’re well-equipped to successfully navigate the home-buying process and end up in a home you love – with both your sanity and your bank account intact. To help get you started, check out our 5 tips for first-time home buyers below.

1. Determine a realistic budget.

The first thing you’ll want to do before expending any energy on a home search is to establish a realistic budget for yourself. No matter how amazing a home may be, if you’re going to end up pinching pennies every month in order to pay the mortgage, you won’t be able to enjoy it! Instead, determine what your monthly costs are (think health insurance, car payments, utilities, groceries, entertainment, savings, etc.) and from there determine how much you can afford to spend additionally on monthly mortgage loan payments. A general rule of thumb from experts is to keep your total housing costs below 30% of your income, but if you’re trying to keep costs low, you can aim to spend even less. Be realistic when considering how a mortgage loan payment will fit into your budget – after all, this number will serve as a guide for the remainder of your home buying process.

2. Pick the right type of house.

Once you’ve established a budget, the fun part begins – finding your new home! A good place to start your home search is by first determining the type of residence that will best suit your needs. For example, if you’re purchasing independently, as part of a couple, or with a kid or two in tow (fur babies included!), a townhouse may be your ideal type of home since it will provide ample space to accommodate your lifestyle. Fortunately, there are a number of options available for beautiful, brand-new townhomes for sale throughout Charlotte! And of course, if you’re single or part of a larger brood, a larger, single-family home or a smaller condo may be a better choice for your home-buying needs. As you consider both your current situation and your future plans, fine-tune your search parameters accordingly to include the right type of house for you.

3. Determine what’s important to you.

When you consider what’s important to you in your first home, luxuries like rooftop terraces or walk-in closets may be among the first items that come to mind. While these are completely valid additions to your list of what’s important, don’t forget to take some of the more practical items into account, as well – things like commute time to work and nearby school districts if you’re moving with kids or planning to start a family in the near future. If you find your dream home but it requires you to spend hours in the car commuting to and from work each day, that’s a tradeoff you may not be willing to make – best to decide this before moving in. Create a list of what’s most important to you and keep it handy as you’re scouting available homes on the market.

4. Location, location, location.

If you spend any time watching HGTV, you know there’s a reason home-flippers will consistently look for the worst home in the best neighborhood – no matter how many stellar renovations are made, location is the one thing you simply cannot change about a home. It’s important to remember you won’t just be spending time in your new home but in the community surrounding it, as well. As you conduct your home search, spend time exploring potential neighborhoods to get a feel for the area and to familiarize yourself with the types of amenities available. Make sure you take into consideration the distance from work – especially during rush hour. Hopper Communities offers a plethora of available homes throughout some of Charlotte’s most connected and sought-after neighborhoods, providing residents with countless options for upscale amenities and things to do. Whether you’re inclined to prefer a more suburban feel or thrive in a bustling metropolis setting, make sure you’re taking into account all the pros and cons of a location before committing to buying a home. 

5. Don’t get discouraged.

It’s no secret that it’s a bit of a wild west out there for homebuyers right now, both in Charlotte and across the country. In fact, it’s completely normal for current homebuyers to end up bidding on multiple homes before they have an offer accepted! If you find yourself in a situation where your dream community is currently sold out, it’s important not to be discouraged. An insider tip we’re happy to share: while the market remains competitive, Hopper Communities continues to build top-of-the-line homes in some of the Queen City’s very best locations. What does this mean for first-time homebuyers in Charlotte? An increasingly large selection of homes is becoming available in some of the city’s most desirable locales. If you commit to the process and follow our tips, it’s only a matter of time before you find yourself in the home that’s right for you!

If you’re a first-time homebuyer interested in learning more about homes for sale in Charlotte, please contact us here to learn how we can help you find your dream home in one of our Hopper Communities locations!

The Best Neighborhoods in Charlotte

preview

If you’re considering a move to Charlotte, NC, your greatest challenge may simply be choosing among the many great neighborhoods in which to live! The Queen City offers no shortage of desirable locales to plant roots – whether you seek the very best in outdoor leisure activities, shopping, brewery-hopping or to focus on your fitness, there’s a neighborhood in Charlotte that will feel custom-designed to suit your interests. Join us as we explore three of the city’s very best neighborhoods and highlight some of the places in each that make them great.

Myers Park

Renowned for both its stunning 1920’s architecture and its plethora of high-end shopping, dining and leisure activities, Myers Park is easily ranked amongst the very best neighborhoods in Charlotte. For the avid golfer, Myers Park Country Club is a sought-after destination, renowned for its award-winning golf course. For those keen on shopping and dining, the area is also home to Selwyn Corners, an upscale shopping destination that offers an array of well-curated boutique shops and restaurants. Favorite stops at Selwyn Corners include clothing boutique Monkee’s, featuring an assortment of contemporary clothing, designer shoes and bags, and brand-new culinary gem, The Jimmy, serving up Mediterranean fare inspired by flavors found along the coasts of Italy and France. Opened by esteemed Charlotte chef, Jim Noble (the owner of numerous top-notch restaurants throughout the city), The Jimmy has already established itself as a Myers Park must-do.

We also recommend checking out in Myers Park:

LoSo (Lower South End)

A newer addition to the Queen City’s list of places to find entertainment, Charlotte’s Lower South End neighborhood (or LoSo) is a craft beer connoisseur’s dream. Home to an almost overwhelming number of taprooms, LoSo is the hot spot for those who appreciate a good locally brewed beer – although there are also a generous number of restaurants, shops and fitness facilities in the neighborhood, as well. Easily accessible via Charlotte’s Lynx Light Rail transportation system, residents of LoSo can spend an afternoon embarking on their very own brewery tour – a couple of our favorite stops include Olde Mecklenburg Brewery (Charlotte’s oldest and largest craft brewery and beer garden, known for offering its house brews in a lively setting) and Sugar Creek Brewing Company (offering live music and tasty food alongside their selection of local craft beer and cocktails). And if you find you’ve been over-indulging in the best of Charlotte’s craft beer, head over to Hive Fitness, LoSo’s boutique fitness club offering barre, yoga, personal training and more – just be sure you’ve allowed ample time for the spirits to leave your system before mounting that NEXTcycle bike.

We also recommend checking out in LoSo:

Davidson

A short 20-minute drive north of the city of Charlotte, Davidson is a small town with big amenities, offering residents a close-knit community with proximity to a bustling metropolis. Founded in 1837 at the same time as Davidson College, the town of Davidson will naturally appeal to scholars and historians – but don’t count out foodies, art-lovers and anyone that enjoys the small-town charms of a historic college town. Davidson’s quintessential downtown area offers an array of restaurants that will become instant favorites, including  Davidson Wine Co (an urban winery and bistro with globally sourced, locally crafted wines paired with delectable bites), Kindred Restaurant (a foodie favorite with seasonal-inspired small dishes featuring contemporary cuisine of the new South) and Flatiron Kitchen + Taphouse (offering fresh, local and house-made dishes that deliver a big-city culinary experience in a small-town neighborhood). The Davidson Farmer’s Market is a must-do every Saturday from 9-noon for locals to pick up their fresh fruits, veggies, meat, dairy and baked goods, in addition to specialty beverages, culinary items – and even health and beauty products! And lastly, Davidson’s adjacency to picturesque Lake Norman means there are endless opportunities for fun on the water, whether enjoyed during a quick day trip or a full-blown weekend getaway.

We also recommend checking out in Davidson:

If you’re interested in moving to any of these amazing neighborhoods, please contact us here to learn how we can help you find your dream home in Charlotte, NC.

2021 Charlotte, NC Real Estate Market Forecast

preview

There’s no question that Charlotte’s real estate market, like real estate markets across the country, felt the impact of the Coronavirus. As uncertainty gripped the nation at the start of the pandemic, nervous sellers and buyers, alike, were tempered in their willingness to engage in real estate transactions. However, as the nation emerges from a long period of isolation, real estate in Charlotte has seen a recent spike in activity. As unemployment rates continue to drop and buyers seek to take advantage of historically low interest rates, the momentum that was initially lost at the start of the pandemic has more than returned. In fact, the 2021 real estate market forecast in Charlotte is red hot! As prices are only expected to rise, now is the time for savvy homebuyers to make a move – both literally and figuratively speaking.

The Lowest Mortgage Rates Seen in Decades

Among the major contributing factors to Charlotte’s strong 2021 real estate market forecast are the historically low interest rates available to homebuyers at this time. Smart buyers are taking advantage of the current mortgage rates – which are the lowest we’ve seen in 50 years – as it’s quite literally the real estate opportunity of a lifetime for today’s pool of prospective buyers. While the low mortgage rates are an upside for homebuyers, it’s important to remember that the record-low interest rates will also continue to boost housing demand – meaning it’s imperative for serious prospective homebuyers to act now before competition further increases and prices go up.

Unemployment Rates are Dropping … 

While the unemployment rate in Charlotte still remains higher than it was pre-pandemic, it has drastically improved since the onset of the Coronavirus, with an increasing number of workers returning to work every month. As such, more and more prospective buyers are in a position to purchase a home. And as buyer confidence is being bolstered, it’s only adding to the increase in demand. The 2021 real estate market forecast shows no decline in this trend – meaning that now is the time for buyers to act. Those who delay purchasing a home until 2022 will more than likely pay a higher price.

… While Home Prices are Expected to Rise

It’s no secret that housing demand outweighs supply right now, both in Charlotte and in many other markets across the country. While it may feel tempting for prospective buyers to “wait it out” until there is a drop in buyer demand, the forecast shows that the opposite is expected to happen. Based on recent trends, it’s predicted that demand will only continue to grow, continuously boosting home prices through 2021 and even into 2022. For this reason, those who are on the fence about purchasing a home in 2021 would be wise to pull the trigger – sooner rather than later.

Despite Competition, Charlotte Remains an Affordable, Desirable Place to Live

Despite the somewhat stiff competition amongst home buyers in Charlotte right now, there remain affordable and desirable homes for sale in the Queen City, if you know where to look. Hopper Communities offers an array of brand new townhomes for sale throughout the many historical, vibrant and eclectic neighborhoods in Charlotte, including lively South End, picturesque South Charlotte and the renowned West End, among others. While Charlotte’s real estate market forecast for 2021 is positive and housing demand and prices are only predicted to increase, one thing is clear: now is the time to buy! 

Hopper Communities wins the 2021 Builder of the Year Award

preview

Charlotte, NC – June 11, 2021 – Hopper Communities, a local Charlotte townhome developer, received the prestigious Builder of the Year Award by the Home Builders Association of Charlotte at the 36th annual MAME Awards.

The MAME (Major Achievement in Market Excellence) Awards recognizes the exemplary efforts of builders, interior designers, remodelers, architects, marketing experts, and sales associates in the home building industry.  This year, over 200 entries were received and judged by a panel of top industry experts.

In addition to Builder of the Year, Hopper Communities also received: Best Logo Design for Uptown West Terraces (Designed by Yellow Duck Marketing) and was a finalist for Community of the Year for the townhome community, Uptown West Terraces.

“I am extremely proud of our team and the hard work among each individual despite rising construction costs and the difficulties faced during 2020. We continued to work hard, build quality homes, and give the best service to our homeowners. We are looking forward to another great year ahead!” Bart Hopper, Founder of Hopper Communities

About Hopper Communities: Founded in 2007, Hopper Communities specializes in developing residential neighborhoods that leave a positive imprint on communities and deliver lasting value to homeowners. Bart Hopper, the company’s founder, has been developing commercial, retail and residential real estate for more than 25 years. Over the past 10 years, Hopper Communities has expanded from its headquarters city of Charlotte to Raleigh, Charleston, S.C., and Austin, Texas.

Our Top Picks for Dining, Shopping & Entertainment in South Charlotte

preview

Join us for a quick, virtual tour of our favorite spots to munch, mingle and meander in
South Charlotte.

StoneCrest at Piper Glen

At the risk of sounding trite, the StoneCrest shopping center, located in the heart of the Ballantyne neighborhood in Charlotte, is your one-stop-shop for … well, basically everything. This spectacular, outdoor retail destination offers visitors an almost overwhelming variety of options for shopping, dining and entertainment, all in a picturesque, pedestrian-friendly, open-air setting. With dozens of stores and venues, including basics like Target, Harris Teeter and Starbucks, in addition to specialty shops like Flying Biscuit Cafe (their award-winning Shrimp & Grits are a must), Crumbl Cookies (dubbed “the world’s best cookies”for good reason), and an IMAX movie theatre that offers pop-up drive-in movies, your options for things to see, do and eat are virtually endless.

Blakeney

Just minutes from Ballantyne at the intersection of Rea and Ardrey Kell Road, Blakeney is a vibrant neighborhood shopping, dining and entertainment district. Anchored by an expansive outdoor Village Green and stage used for community events and socializing, Blakeney serves as a true shopping and dining mecca, featuring retail favorites like Target, Harris Teeter, and Home Goods/Marshalls, as well as culinary treats such as Hazelnuts Creperie (order the Banana Berry Cinnamon Crepe and thank us later) and Brixx Wood Fired Pizza. An extensive calendar of events, including a Summer Concert Series, Wine Walks and Community Outdoor Yoga, make this lush neighborhood gem a top-notch destination throughout the year.

The Village at Robinson Farm

Just off Rea Road in South Charlotte, The Village at Robinson Farm is home to more than a dozen dining venues and retail shops, in addition to hosting a popular, weekly farmer’s market. The Butcher’s Market, a favorite neighborhood butcher shop and specialty grocer, offers butcher-cut meat, a variety of locally sourced products and wines, several marinades and seasonings, as well as groceries. The friendly staff is happy to offer shoppers tips for preparing their meats, so don’t be afraid to ask! The famed Hawthorne’s New York Pizza and Bar combines authentic New York slices with southern hospitality, delighting Queen City diners with freshly made pizzas, pastas and salads, plus craft cocktails and craft beer. And a barre studio, salon and med spa are just a few of the health and wellness establishments located in this well-rounded, Ballantyne shopping destination.

Four Mile Creek Greenway

And now something for the outdoor enthusiasts – or those simply seeking a brief retreat from city life. Not far from the StoneCrest shopping center is Four Mile Creek Greenway, a picturesque, 5.8-mile, horseshoe-shaped greenway in South Charlotte. Comprised of both a boardwalk and paved trail that pass through natural forest and wetlands, Four Mile Creek Greenway is a coveted destination for local hikers, cyclists and nature lovers. Children and pets, alike, enjoy frolicking near the Greenway’s rock feature with bubbling water and a playground, restrooms and picnic shelters in Squirrel Lake Park make it a favorite locale for families. Weekend foot (and bike) traffic tends to be heavier than on weekdays, so plan your trip accordingly if you want to avoid crowds.

Enjoy Easy Access to the Best of Ballantyne as a South Charlotte Resident

South Charlotte/Ballantyne is chockfull of terrific options for first-rate dining, upscale shopping and endless entertainment – and the only thing better than enjoying them as a visitor is the added convenience of enjoying them as a local. As a resident of Elm Terraces, a brand-new, craftsman-style townhome community, ideally located just below StoneCrest, you’ll never be far from your next excursion. Featuring modern interiors, luxury finishes, balconies and optional rooftop terraces on select homes, Elm Terraces provides an elevated living experience just steps from all there is to do and see in the beautiful South Charlotte area.

Is It Expensive to Live in Charlotte, NC?

preview

When thinking about making a move to a new city, the cost of living is one of the most important factors you’ll need to take into account. Expenses that should be considered include a city’s average costs of housing, utilities, groceries and transportation, as well as the area’s median salary level. For those considering a move to Charlotte, NC, we’ve done some of the legwork for you – the short answer to the question, “is it expensive to live in Charlotte, NC?” A resounding “no.”

A Cost of Living Lower Than the National Average

According to Payscale.com, Charlotte’s overall cost of living is 5% lower than the national average, utility prices are 8% lower and the Queen City’s housing costs come in at a whopping 14% less than the national average. When compared to other major cities that are popular among millennials in the US – such as Chicago, New York and Los Angeles – Charlotte can be considered downright cheap!

Charlotte vs. New York

There’s a lot to love about New York City – unfortunately, for renters and homebuyers, alike, its cost of living isn’t one of them. Compared to Charlotte, NYC’s housing costs are an astounding 197.4% more expensive. And according to Bungalow.com, New Yorkers spend 130% more on dining out than the national average and the average New Yorker spends $477 per month on groceries – more than residents in any other US city (by comparison, Charlotte’s monthly grocery costs average 1% less than the national average). For the cost-conscious individual, Charlotte is the savvier place to live without contest, proving to be far more affordable than the Big Apple in every single expense category taken into account when calculating cost of living.

Charlotte vs. Chicago

Comparatively speaking, Charlotte and the Windy City don’t differ too dramatically when it comes to housing costs. According to Bestplaces.net, Chicago housing costs are just 0.1% more expensive than Charlotte’s. However, Chicago residents spend an average of 10 minutes longer commuting to work each day and, on average, they take home less pay: Chicago residents earn a median income of $47,831 versus Charlotte’s $53,274. The average home price in Chicago is also a bit more expensive than in Charlotte: $229,100 versus $228,800. While the differences may not be monumental, over time, they add up! When comparing the cost of living in Charlotte versus the Windy City, the Queen City takes the crown.

Charlotte vs. Los Angeles

We didn’t think any city could compare to NYC when it came to astronomical housing costs, but according to Bestplaces.net, Los Angeles housing costs are 201.4% more expensive than Charlotte housing costs. In addition, LA’s median income of $49,682 can’t compete with Charlotte’s $53,274. And unfortunately for those residing in the City of Angels, that median income salary doesn’t go too far when considering the city’s average home price of $689,500 – considerably more than Charlotte’s average home price of $228,800.

Charlotte Offers a High Quality of Life for a Low Cost of Living

With a cost of living that ranks well below the national average, it’s safe to say that Charlotte residents enjoy one of the most vibrant and dynamic metropolitan areas in the country for a fraction of the cost of living in other major cities. According to Payscale.com, Charlotte ranks lower than the national average in nearly every single cost of living expense category, including housing, utilities, transportation and groceries. When querying whether Charlotte is an expensive place to live, the numbers don’t lie: the Queen City is a place where you can live like a king, for far less.

Let us help you find new homes for sale in Charlotte. Contact us to schedule your tour today!

South End Hot Spots

preview

Whether your idea of a good time involves food and drink, retail therapy or enjoying the great outdoors, you’ll find something to suit your taste in the lively South End neighborhood of Charlotte. Join us as we embark on a quick virtual tour through some of this historic neighborhood’s hottest spots.

Suffolk Punch

No matter the time of day, it’s a good time to visit Suffolk Punch. That’s because this one-of-a-kind establishment is home to a brewery, coffee bar, American eatery & fermentation lab – all under one roof. Whether you’re in the mood for a divinely crafted cappuccino, a barrel-aged special release craft beer or a culinary dish made with locally and sustainably sourced seasonal ingredients, Suffolk Punch has got you covered. Enjoy your food and beverage of choice while dining at the row of picnic tables on the expansive outdoor patio or soak in the ambience of the sun-drenched indoor dining space, impressively outfitted with dramatic floor-to-ceiling windows. For those on the move, you can opt to order online and take your food to go – although we recommend pulling up a seat and staying awhile. Suffolk Punch is conveniently located on the Light Rail at New Bern Station.

Sycamore Brewing

Among the plethora of brewery options in South End, family-owned Sycamore Brewing stands out with its lineup of exceptionally fresh, tasty beer, brewed using only top-notch ingredients. Open seven days a week, the Sycamore Taproom offers patrons not just a menu of delectable craft beer, but tantalizing bites from Charlotte’s best food trucks, including My Sausage Buddy, Rollicious Ribs & More and Mike’s Vegan Cookout, among others. Sycamore’s expansive outdoor patio space and abundance of picnic tables encourage socializing among patrons and a robust calendar of events, including regular live music, makes the brewery a favorite destination among locals. Follow along on Instagram @sycamorebrewing to stay up-to-date on the Taproom’s latest beverage specialties and upcoming events.

Atherton Mill

Home to a number of upscale restaurants, residences and retailers, Atherton Mill is South End’s favorite destination for premiere dining, living and shopping. The outdoor retail center has been referred to as “the soul of South End,” boasting high-end shops that include West Elm, Anthropologie, Lululemon and Society Social. Located conveniently along the Rail Trail and offering a slew of dining options – including wine bar and shop, Vin Master, and the all-organic, made-from-scratch, Living Kitchen – Atherton Mill is a top choice among South End residents for gathering to eat, drink, shop and socialize.

Design Center

The Design Center of the Carolinas is a community of businesses who share a creative spirit and connection in the eclectic South End neighborhood. Home to a number of fine clothing boutiques and chic artisan shops, the Design Center is the go-to destination for those seeking one-of-a-kind pieces unique to South End’s thriving artistic community. In addition to retail shopping, the Design Center offers a variety of bites and brews, including the popular Hawkers Asian Street Fare, Jeni’s Splendid Ice Creams and Pepperbox Doughnuts.

Rail Trail

A major asset to the South End neighborhood is the Rail Trail, a 3.5 mile public trail that runs along the Light Rail line, connecting South End to nearby Uptown. While this walking trail is an obvious favorite amongst outdoor adventurists, the Rail Trail also serves as a major source of community engagement for artists, students and the South End neighborhood, at large. Giant murals line certain sections of the Rail Trail’s perimeter and, depending upon the time of year, interactive light installations celebrate local artists’ work, serving as an attraction for tourists and locals, alike.

Skiptown

Designed with both four-legged friends and their humans in mind, Skiptown is a dog park like no other. Located in the heart of South End and featuring 2,000 square feet of lush, turfed outdoor and indoor play areas, Skiptown also boasts 24 beers on tap, making it a favorite play area for pups and their people. In addition to the Dog Bar and Park, Skiptown offers pet services, including boarding, daycare, home services and a self-serve dog wash. Membership is required for admittance or passes for daily and monthly entry are available.

Enjoy All South End Charlotte Has to Offer at South End Terraces

The best way to enjoy all that vibrant South End Charlotte has to offer is by becoming a South End local! And there’s no better place to put down roots than at South End Terraces, a brand new townhome community that offers residents open concept living spaces, optional bonus rooms and rooftop terraces (to take in that stunning South End view), select wrap-around balconies and gorgeous high-end finishes. At South End Terraces, you’ll find yourself in close proximity to all of South End’s major hot spots. No need to step further than outside your front door – life at South End Terraces places you in the center of the action!

Our Top 3 Reasons Why Charlotte Is Ranked Among The Top 10 Cities for Millennials

preview

Following the trend of recent years, Charlotte remains ranked among the top 10 cities where millennials are moving, according to a study by personal finance company, SmartAsset. The study’s findings showcase Charlotte among the top 10 cities nationwide, for millennial net migration. 

Offering a diverse collection of thriving neighborhoods, a plethora of things to see and do (and, of course, to eat and drink), and a thriving job market, it’s no surprise the metropolis is a magnet for the 25-39 millennial age bracket. Let’s look at just some of the reasons Millennials keep flocking to the Queen City.

1. No Shortage of Desirable Places for Millennials to Live

Whether you’re the Millennial who prefers city life or a more suburban setting, there is a neighborhood in Charlotte that will make you feel at home. Take Charlotte’s bustling Uptown neighborhood, known as the “heartbeat” of the city. Nearby is the conveniently situated West End, characterized by early 20th century charm and located less than a mile from the city’s energetic central business district. For those preferring a more vibrant lifestyle, South End Charlotte promises plenty of opportunities for soaking up culture in its thriving artistic community or spending relaxing afternoons brewery-hopping amongst the neighborhood’s impressive array of local craft breweries. And for those who prefer beautiful historical architecture in a suburban setting without having to sacrifice urban accessibility, Myers Park is located just south of Uptown and boasts high-end shopping, eateries and galleries. With so many desirable places to live in Charlotte, you’re sure to find the unique local flavor that suits your taste.

2. A Thriving Job Market with Flexibility for Millennials During Uncertain Times

With an unemployment rate lower than the national average, Charlotte’s job market is a mecca for Millennials. The city serves as headquarters for a number of major financial institutions and as an abundant place of employment for many other major employers including Lowe’s, American Airlines and motorsports companies like Nascar.

In addition to being ripe with occupational opportunities, Charlotte also offers millennials greater workplace flexibility than most other cities during these uncertain times. The way we are working today looks different than before the pandemic; many have moved from offices to working remotely, and there’s no better place to do so than the Queen City. An analysis by WhistleOut shows that Charlotte ranks among the best places in the nation for Millennials to work from home. The company took into account factors such as residents’ median monthly income versus the average cost of living, average internet speeds and the percentage of the population currently working remotely.

3. A City Full of Things for Millennials to Do (and See, and Eat, and Drink…)

There’s a reason Charlotte has been dubbed a “crown jewel of the south.” With a unique culture that meshes history with creativity and innovation, the city boasts a plethora of unique neighborhoods and a thriving downtown, all while remaining just a short drive to both the mountains and beach. Whether your interests lie in culture and the arts, outdoor recreation, or craft beer consumption, living in Charlotte means you don’t have to choose. An excellent job market, many options for appealing places to live and endless options for things to do are some of the main reasons Charlotte is consistently ranked as a favorite destination for millennials on the move. 

More Consumers Are Choosing Rooftop Terraces

preview

Homebuyers and renters alike are drawn to city living for the many perks that come with residing in a metropolitan area: convenience, proximity to opportunities for work, shopping and entertainment, and the excitement that comes with city-dwelling – where there’s always something to do and see. But while the benefits far outweigh the drawbacks, there are some trade-offs when it comes to life in a metropolis. 

Topping the list? 

A lack of outdoor living space.

As the appeal of urban living grows, real estate space has become more competitive than ever. Developers are being forced to find creative ways to offer residents outdoor recreational space. Since land on the ground is often not a viable option, real estate developers are finding solutions by looking up – quite literally. Rooftop terraces have become the new backyard for those desiring a metropolitan locale, and consumers are flocking to buildings that offer these sky-high sanctuaries with panoramic views. 

Many rooftop terraces are highly sought-after additions to home-buyers’ search criteria, especially since they’re ideal spots for hosting guests for outdoor gatherings, no matter the time of year. When combined with uniquely-crafted custom home construction – whether Craftsman-style or modern real estate – and enviable locales, rooftop terraces become the cherry on top (yes, truly on top) for idyllic city living.

We’re throwing out a few tips for making the most of your rooftop terrace – the one you use now, or perhaps the one you’re still searching for:

  1. Create a rooftop garden. Ever wanted to become a plant parent but worried about having the right lighting? That’s not an issue with a rooftop terrace. Whether you prefer succulents, perennials, or something else entirely, a rooftop terrace is a great way to get started with the help of Mother Nature. 
  2. Get creative. Rooftop terraces are a fantastic way to give yourself space to enjoy a hobby, whether new or old. Especially in cases where your hobby might require fresh air (we’re looking at you, spray paint fans), a rooftop terrace is great place to take some time to yourself to get in “the zone” for an hour or two.
  3. Socialize safely. Being almost a year into this pandemic has forced us to get imaginative about how we can spend time with our loved ones while remaining safe. A rooftop terrace provides an interesting alternative that can certainly help. By inviting everyone up to your outdoor space, you are in charge of everything – how clean the space is, how far apart seating options are and who is allowed in the space. Make sure you’re following current health and safety regulations though!
  4. Relax! A rooftop terrace is an amazing amenity that can elevate your entire living experience – both literally and figuratively. They provide a space to sit back and relax, whether alone or with others, and just be present outdoors. Your rooftop terrace can be the perfect opportunity to get away from it all without ever leaving the city.

As city real estate becomes increasingly sparse, rooftop terraces are a major draw for consumers looking to enjoy the best of both worlds – city living with outdoor space at their fingertips. If you’re fortunate enough to find that elusive real estate trifecta – metropolitan location, customizable living space, and a rooftop terrace – consider yourself among the lucky few!