11 West End homes listed above $500,000 – Charlotte NC Business Awards

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Last year saw housing prices soar throughout the Charlotte region, with an average sale topping $386,849, up 11.9% from the year before, according to data from Canopy MLS.

In Historic West End, the trend was no different.

In neighborhoods once known for depressed housing values, new construction has arrived with some eye-popping prices.

For example:

A property in Seversville that sold for $120,000 in October 2020 now has a home, built last year, with an asking price of $574,000.

“It’s the market,” said Edwin Wilson, partner of 5 Points Realty on Beatties Ford Road. “There is a high level of interest.”

In addition to a steady stream of transplants, local residents from “all walks of life” are moving to the West End, Wilson said. (The Fair Housing Act prevents realtors from legally discussing racial and demographic characteristics of specific neighborhoods.)

An online search of two West End zip codes — 28208 and 28216 — turned up 11 homes recently for sale with asking prices above $500,000. On some of those streets, comparable-size homes are still being built, surrounded in a sea of more modest homes.