Doubling Your Money in Charlotte Real Estate

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Charlotte is an appreciating real estate market!

A wealthy physician living outside Washington DC told me more than 30 years ago, “Terry I’ve always made a good living, but all of my real money has come from my houses.” I listened.

Zillow reports a 7.3% year over year increase in price.  And this is an average, some areas did better, some worse.  S&P/Case-Shiller reports a 17% increase over 3 years, March 2016-March, 2019.

Here are a list of some of the fastest appreciating neighborhoods in the city, since 2013- and home searches to go with them.  Please remember, not every part of the ‘hood is equal, and your return is particular to the condition,  street location and other indiviudal variants.  Consult your real estate professional for more details.  Also, because they doubled in the past 6 years, is not saying they will double again in the next 6 years.  Some will, most will not.

However we do expect continued strong appreciation in many of them:

Biddleville   136%                     Biddleville Homes For Sale

Seversville  271%                     Severseville Homes For Sale

Villa Heights 173%                 Villa Heights Homes for Sale

Starmount  122%                     Starmount Homes For Sale

Colonial Village  115%          Colonial Village Homes for Sale

Wilmore 73%                          Wilmore Homes for Sale

Sedgefield  71%                      Sedgefield Homes for Sale

Not seeing your ‘hood here? You might ask, where are Dilworth and Myers Park on the list? This is just a sampling, however Dilworth and Myerpark, two standard bearers started at much higher prices per sf, so they are much lower in percentage terms, but still healthy returns.  We have solid appreciation throughout the area. As us for additional neighboroods.

I live in a house in  Sedgefield, that with a few improvements (no additional sf)  has doubled in value since 2013. That’s right, doubled in 6 years, using the “rule of 72’s”, that equates to an average 12% per annum!  That is what we call appreciation! And of course we didn’t pay cash for the house- we put down about 20%, so our cash on cash return is astronomical.

Another question, “Where would I move to to double my money in the next 6 years?”  That’s a great question,  one we’ll consider in a future post.

Terry Seven Oh Four 390-6221

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Terry McDonald

Terry McDonald

I am the owner and operator of and was inspired to create this website when I moved my young family of 6 down to Charlotte from the northeast, now over 20 years ago. Charlotte quickly became home to us and I wanted to create a website that would help individuals and families considering a move to Charlotte. I'm also the owner of The McDonald Group at eXp Realty (my day job) and have helped hundreds of folks relocate to Charlotte over the years.

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So everybody’s heard that Atlanta calls itself the “capitol” of the New South. Ok, I’ll give them that. But if Atlanta is the “capitol”, then Charlotte is the heart of the New South. Charlotte is the 20th largest city

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