The highest- and lowest-priced single-family home sales from Feb. 4 to 10

Listen to this article

The highest- and lowest-priced single-family home sales from Feb. 4 to 10.

HIGHEST

16915 Shipswatch Place, Cornelius

Sold Price: $2.45 million

Square feet: 7,424

Listing agent: Lori Jackson, Ivester Jackson Properties

Selling agent: Judy Godley Webster and Crystal Lockler, Keller Williams SouthPark

This five-bedroom house in the Peninsula community on Lake Norman was on the market for more than a year before it finally sold last week.

Judy Godley Webster, the Keller Williams agent who represented the buyer, said the 420 days that the 7,000-plus-square-foot house was for sale allowed her client to get a better deal on the home. Godley Webster wouldn’t disclose the buyer, saying only that it was a woman who was moving to the Charlotte area from California.

Godley Webster said the house was originally listed at $2.59 million. It sold for more than $100,000 below that.

“It hadn’t been shown very much, and I think the buyers were ready to sell,” she said. “I think that the price we agreed on was right around what the house is actually worth.”

The “Tuscan villa feel” of the house is what Godley Webster said really attracted her client to the property.

“It sits on a hill, overlooking the lake,” she said. “The builders really wanted to give it that Tuscany feel, wanted it to look 100 years old, and used distressed-wood flooring.”

The house has a stone and limestone exterior, with a tile roof that adds to the rustic appearance, she said.

The buyer is planning on updating the kitchen and bathrooms of the house, which was built in 2005, she said.

Closing thoughts: Godley Webster said she’s been showing almost a house per day recently, a far cry from where she was after the housing bubble burst.

“It used to be that one showing a week was good, but now it’s more like four or five a week,” she said. “I have more buyers than I ever have had before.”

Also, buyers are looking for homes that are move-in ready, as opposed to homes that need renovations.

LOWEST

1709 McDonald St., Charlotte

Sold Price: $9,000

Square feet: 700

Listing agent: Blair Mauney, Brown & Glenn Realty Co.

Selling agent: Michael Seaton, Re/Max Executive Realty

Michael Seaton, an agent with Re/Max who represented the buyer of this house in west Charlotte, didn’t immediately recall the home at 1709 McDonald St.

That’s could be because, having sold for only $9,000, the house wasn’t among the most lucrative deals of Seaton’s career.

Indeed, the house “needed a ton of work,” he said.

Seaton wouldn’t disclose the name of the buyer but said it was an investor who is in the building-materials trade and has plans to fix up the 700-square-foot house before renting it out.

“It needed paint in the kitchen, halls and baths,” Seaton said. “It needed structural repairs; some of the windows were busted out. And I don’t remember exactly, but I wouldn’t rule out that the HVAC unit was missing.”

Seaton said the buyer is an investor with a lot of experience in fixing up low-cost homes before renting them out.

He said the Charlotte housing market continues to pick up. For him, the turnaround started in the middle of last summer, he said.

“But the last couple of months, it’s really been heating up,” he said. “Lots of multiple offers.”

Seaton said that he focuses on the Sedgefield neighborhood, where six homes listed with various agents went under contract last week. Sedgefield is just south of Dilworth.

Closing thoughts: Seaton’s advice for agents: “Get ready to work hard, because I think the work is there.”