Home prices in Charlotte vary greatly by zip code, with the highest appreciation just north of Uptown and the biggest depreciation in the center city. Realtors say uptown’s drop is due to smaller, less expensive condominiums driving down prices – great for young professionals and empty-nesters. Gains in North Davidson, or NoDa, are a result of that area’s transition from former blight to a creative, funky neighborhood lined with galleries and restaurants fabulous for fun city-dwellers. Charlotte’s most popular neighborhoods tend to be clustered in certain parts of the city: In Uptown, revitalization and new construction are in full swing. Residents can choose from sleek new high-rise condominiums or century-old Fourth Ward Victorians, and walk to and from work. Down time offers amazing culture: broadway shows, gallery openings, hot new restaurants, fun taverns and clubs, outdoor concerts, museums and professional sports.
Just outside the Center City are Charlotte’s first suburbs – the grand mansions and willow-oak lined streets of Myers Park, the charming cottages of Dilworth and the funkier, younger and cheaper revitalized neighborhoods of Elizabeth, Plaza-Midwood and Cotswold. Skip down to South Charlotte’s Ballantyne, Stonecrest and Arboretum communities and across the Union County line into Weddington and you’re in the soccer-mom suburbs. Upscale shopping centers, great schools, golf courses and family friendly communities are the norm in this more conservative, transplant-heavy area.
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