LiveWell Homes enters previously stalled neighborhood
Four years ago, construction in Springbrook came to a sudden halt as the recession hit. But with the help of LiveWell Homes, the subdivision is rising from the ashes to become a community where people want to live.
The neighborhood – located just outside of Matthews off Sardis Road North – is a 40-lot community that’s well on its way to being completed. But the journey toward completion hasn’t been easy.
When the previous builder abandoned the subdivision in 2008 as the economy took a plunge, only five homes were completed. Construction stood at a stalemate for nearly three years, until LiveWell Homes discovered the neighborhood and saw a golden opportunity.
“We’re a smaller builder just in the Charlotte area; we can’t compete with the big guys that are flushed with cash, so we look for smaller opportunities to close on neighborhoods,” said
Mint Hill resident Bill Knott, community manager and on-site agent for Springbrook. “We liked the location between downtown Matthews and SouthPark. There’s easy access to downtown (Matthews), and you’re 10 minutes from the Arboretum.”
In early 2011, LiveWell bought 29 of the remaining 35 lots.
“There were six lots we didn’t think were buildable,” Knott said.
LiveWell has sold 20 out of the 29 lots, with 11 people living in the homes so far. Knott said two more closings are expected by the end of this month.
So what’s brought about all of the success? Knott believes the first thing is the quality of the houses LiveWell offers. All homes are four-sided brick, ranging from 1,800 to 4,000 square feet. Prices range from $229,000 to $284,000.
Buyers can choose from seven different floor plans, both ranch and two-story. Homes have a two-car garage and granite counter tops. Houses also are built to be energy efficient, which is an amenity Knott said many buyers desire.
LiveWell works to accommodate buyers’ wishes and needs.
“If buyers want to make a change, like having a bigger stand-up shower where the garden tub goes, we do that for them,” Knott said. “We’ve widened door openings for wheelchairs and made (the homes) more handicap-accessible. We try to accommodate that part of the market, and we’re glad to do it for them.”
The other factor Knott believes has driven buyers to Springbrook is its location.
“A lot of people have come here because of the location,” he said. “Lots of people really like this side of town.”
Knott said, at first, LiveWell didn’t know what response Springbrook would receive, wondering if the home and lot sizes would attract people who were looking to downsize, or growing families looking to upsize. But luckily, the neighborhood has drawn in folks from both sides.
“We’ve had people who want something newer and smaller, and some families looking for (bigger houses) here, too,” he said. “It’s good to kind of have both. Looking back, that was a good decision to have houses available for those two distinct buyers.”
For some time now, LiveWell has had its eye on another local neighborhood, Matthews Place, located in Charlotte off Wilson Drive near McKee Woods and Langston, and will soon begin building similar homes there.
Matthews Place is a one-street, cul-de-sac community with 12 lots. Prior to LiveWell, the road was constructed, sewer lines were put in, but the previous investor pulled out before any homes were built. LiveWell is currently working on finishing the sidewalks and just submitted a permit to build the first home.
Knott is hoping to see the same success with Matthews Place as he’s seen with Springbrook.
“It’s close to greenway access, you’ve got these trails and good schools and businesses that are so close,” he said. “You choose where you live, but the added value is what’s convenient around you.”
LiveWell Homes hopes to have both neighborhoods completed in about a year and a half.