Best Neighborhoods to Flip A Home in Charlotte NC
If you bought a house in the city of Charlotte NC a few years back, you might be sowing the seeds of your investment by now. In a hot market, you have a chance to earn as much as 50% of your investment.
But on a cold market, buyers need to be very cautious in choosing what homes to purchase. If you are looking for fixer-upper opportunities, here are our recommendations for the best neighborhoods to flip a home in Charlotte:
Providence crossing has a population of 11,582. It always ranked as one of the best neighborhoods in North Carolina from different community review websites. According to niche.com, it ranks #1 as Best Neighborhoods to Buy House in Charlotte, and #2 in the Best Neighborhoods to Raise a Family in Charlotte. The neighborhood offers its residents a suburban feel. Median home value is at $376,974, while the median rent price is at $807.
Providence Plantation ranks #2 in the Best Neighborhoods to Buy a House in Charlotte. From this ranking alone, it will give you an idea that it is also the best neighborhood to flip a home in Charlotte area. This community is home to 11,503 residents who enjoy the community’s sparse urban feel with a negative crime rate. Median home value is at $389,892, while the median rent price is at $1,308. There are top-rated public schools within the area and nearby communities.
Olde Providence North
Olde Providence North has a total population of 5,731. This community is also considered as one of the best neighborhoods in North Carolina. The residents enjoy the area’s suburban feel with zero crime rate. Median home value is $479,853 while the median rent price is $1,450. Many retirees live in Olde Providence North. The top-rated schools within the area include Myers Park High School and Cato Middle College High School.
Hembstead is ranked as the Best Neighborhood to Raise a Family in Charlotte. It has a population of 4,167. The residents enjoy its suburban feel. Most residents are homeowners. The median home value is $467,715, while the median rent price is $918. Hembstead is considered as one of the most affluent neighborhoods in Charlotte, with families earning a median income of $152,393. The top-rated schools within the area include the Providence High School and Cato Middle College High School.
Provincetowne is on our list for the best neighborhood to flip a house in Charlotte. This charming community is home to 23,607 people. The residents enjoy the area’s suburban feel. The median home value is $287,402, while the median rent price is $1,572. The neighborhood is family and pet-friendly. It’s a combination of middle-class and upper-class where most residents are friends with one another. The top public schools in Princetown include Audrey Kell High School, Marvin Ridge High School, and Central Academy of Technology & Arts.
There you have it; our top 5 picks for the best neighborhood to flip a house in Charlotte. We chose these communities because they are the most sought-after places in the city. They also have the highest livability scores according to different real estate ranking authorities. They are family-friendly where the sense of community is strong. If you want to know more about this neighborhood, don’t hesitate to call us. New Again Houses® is always here to help.