I'm very interested to see the responses as I've never really gotten a reasonable explanation to this question myself. I lived in Charlotte for over a decade with equal time spent in Ballantyne and then a community in Charlotte which is bordered by Lake Wylie SC (I'm now in Pawleys). Homes were on average $50-100k less in Lake Wylie. SC property taxes are less,
Moderator cut: link removed, competitor site the public schools are better[/url] (in Ft Mill vs Charlotte area), gasoline is cheaper (I always tried to go into SC for gas!)- It is odd that SC is so much less than NC considering these things. There are several Charlotte/Ft Mill neighborhoods (Shannamara for one) that are in both states and the NC homes are always higher- I'm talking the EXACT same home plans by the same builder!
I always think of
this article about the NC/SC border and its issues over the years whenever this is question is raised. It's from 2012 but as recently as 2016 lake Wylie residents "became" Charlotteans. Lots to consider when before buying on the border.
Excerpt from linked article:
Quote:
About a year ago, Judy Helms saw a white truck with an emblem on the side of it pull up to her mailbox. Thinking the occupants were lost, Helms walked down to help.
They weren’t lost.
It was Miller and Zupan, and they were fascinated by her house.
The newly rediscovered border between the Carolinas split it in two.
“The first thing I thought about was, I am not paying back taxes to North Carolina,” Helms said. “But they said, ‘You won’t have to do that.’ ”
Since 1980, Helms had thought she lived in Clover in South Carolina’s York County. But Zupan and Miller found she actually lives in Gaston County, North Carolina.
Suddenly, Helms’ mind was filled with “a thousand address changes, register(ing) to vote again, and my husband and I (digging) a hole across the road for a new mailbox.”
Other changes would be more significant.
A different state means a new phone number. It means different tax rates for both income and property. And it most likely means ripping out utility boxes to sign up with a new power company.
|
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
