Lake Norman Ranked Biggest Lake-Front Housing Market
A recent article by Charlotte Stories has Lake Norman ranked as the biggest Lake Front Housing Market in the South East. Read the full story below.
The Lake Norman real estate market is now valued at over $840 million, making it the #1 biggest lake-front market in the South East.
The Fall 2016 Lake Market Report was conducted by the Alabama-based Lake Homes Realty Company. They collected data from 46 MLSs spanning 9 South Eastern states stretching from Texas to Virginia.
Out of all the lakes in the nine states, Lake Norman was found to have the biggest overall market, with Austin Texas’ Lake Travis coming in second at $787 million, and Atlanta’s Lake Lanier coming in third at $567 million.
One of the biggest reason the Lake Norman real estate market is so large is that it attracts a substantially high number of out-of-state and international buyers looking for a vacation homes, due to it’s temperate climate, distance to an international airport, and distance to the mountains and beaches.
The Lake Homes Report also indicated that a whopping 42% of all of North Carolina’s lakefront real estate is found on Lake Norman. Metro Charlotte’s other lake, Lake Wylie,, by comparison, only comprised about 6.7% of North Carolina’s lakefront real estate.
2018 Renovation Award Winner (Best of Charlotte) by Simonini Builders. Miles of Lake Views in desirable area of Lake Norman. Gourmet Kitchen featuring built in Miele Cappuccino/Latte Machine & Wolf/Sub Zero appliances. House is perfect for entertaining indoor and outdoor. Enjoy a trip down the full size slide connecting the kids Play Room to the adults Bonus Room. 2 laundry rooms. Kids work station. Dog Washing Station in Garage. Surround system throughout the home & outdoor area including pool, basketball area, beach & backyard. Massive amounts of walk in storage. SSDrive Boat Lift, Sandy Beach, Fenced in Yard, Circular Driveway. Just down the road from The Peninsula Golf & Yacht Clubs, and a short drive to Birkdale Village & I77.
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|Listing courtesy of:||Brannic Properties Inc|
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