When driving around the Charlotte area these days you will be hard pressed to go more than 5-10 minutes without running into some sort of ongoing construction. As the sprawl of Charlotte continues much of this construction is in the form of new neighborhoods. As more and more people move to Charlotte each day builders are more than happy to try and meet the low supply of homes currently on the market. With so many of these new construction neighborhoods popping up everywhere we were interested in Who is the biggest?
Waterside at the Catawba is #1
Fortunately, our friends at the Charlotte Business Journal love their lists and in a recent article they published “Charlotte’s Top-25 NEW Home Residential Neighborhoods”. The list was based on closed sales in the year 2016 and #1 on the list was none other than…I’m assuming you already guessed it based on the title of this article??? And if you guessed Waterside at the Catawba, you are correct! According to CBJ, Waterside closed 250 homes in the year 2016! Average selling price was $318,000. For point of reference #2 on the list, Berewick (Steele Creek Area) closed 219 and #3 on the list, Walnut Creek (Indian Land) closed 161.
To date Waterside has sold roughly 600 out of their slated ~1100 homes. The two builders, Lennar and Taylor Morrison are not looking to slow down either. Estimated completion of the neighborhood could happen as soon as mid 2019. Lennar, who has sold the majority of the homes, will start their final phase in January of 2018. This final phase will include a mix of single-family homes as well as the only section of townhomes the neighborhood will offer.
It’s definitely worth a visit to the top selling community in Charlotte to see what all the fuss is about. It might be the proximity to the beautiful Catawba River, from which the neighborhood derives its name. Very soon residents will have access to the Catawba, in the form of a paved path, from which they can launch canoes or kayaks into the river. Other features include a large clubhouse with fitness center, a large pool with two different kids sections as well as a lap area for the more serious swimmer. A few tennis courts, extensive walking trails and a small playground area round out the remaining amenities. Also, a lot of excitement is being directed towards a future 25-acre park and playground, maintained by the City of Fort Mill, and accessible by all, located practically in the neighborhood! If you are looking for Fort Mill Schools and cheaper SC taxes look no further than Waterside at the Catawba!
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