In case you are looking for a community to call home that offers both the city life with all its amenities but without being too far from nature, then look no further than the Olde Providence community. This suburban neighborhood is only a few minutes away from downtown Charlotte and features tree-lined streets lined by neat little cottages or charming townhouses perfect for any family size – making this area one worth checking out. It’s even close to Newell.
The median home value in the Olde Providence neighborhood is $678,610, which makes it more expensive than 94.7% of neighborhoods across North Carolina and 84% nationwide.
The cost of renting in this neighborhood is higher than 84.7% of all other neighborhoods across North Carolina. The average rental price here currently sits at $1,854 – making it more expensive than most places for families trying to live comfortably on a budget.
The beautiful Olde Providence neighborhood is perfect for those looking to live in a home that has plenty of space. From single-family homes with three or four bedrooms, all the way up through five+ bedroom townhomes, this area offers something unique depending on your needs.
When it comes to residential real estate in the Olde Providence neighborhood, most of these homes are owner-occupied. Within the Olde Providence neighborhood, there’s a large variety in ages and styles. The area has everything from old and well-established homes built between 1970 -1999 to new construction that was built between 2000- nowadays.
The Olde Providence neighborhood is among the wealthiest in America, with an average per capita income that’s nearly five times higher than anywhere else. Residents here are also amidst some pretty privileged company – they suffer less during economic downturns and recover from them much more quickly when compared to other Americans as a whole.
This neighborhood is made up mostly of wealthy and educated executives. Residents here own stately homes that tend to keep high real estate appreciation rates, which means their upper-level professional careers keep them busy but allow for a comfortable life in return -If you’re an executive looking similar company, this would be perfect.
If you are looking for a neighborhood where married couples live in abundance, then this single neighborhood has the highest concentration of them. Whether the residents have school-aged children or not, it’s clear that stability and longevity are something enjoyed by those who call Olde Providence home.
When you drive or walk around this community, the size of homes here will instantly grab your attention. These large houses make for a strong visual statement that stands out in comparison with other neighborhoods to an incredible degree.