Located just outside Charlotte’s Center City and the I-277 loop, Belmont is one of the city’s most affordable, diverse and up-and-coming neighborhoods. In the past, Belmont’s cost-controlled housing was a strong drawing factor for those looking to relocate. The majority of people who move to the area become long-term residents. While there was, and still is, a sense of neighborliness and strong community ties, at one point crime was an issue.
Today, the crime rate has drastically dropped, and Belmont is experiencing a rebirth much like the neighborhoods of Plaza Midwood and NoDa did in the past. The city has been on a roll building mixed-income housing, restoring quaint bungalows and attracting new residents with historic home features and great views of Center City.
Adopted by City Council in 2003, the Belmont Revitalization Plan has been instrumental in restoring this charming Charlotte community. Another greatly influential improvement was the revitalization of Piedmont Courts. Now called Seigle Point, this 20 million dollar project brought several million dollars of infrastructure grants to the community that went toward housing, streetscapes and planned community getaways.
The Belmont Revitalization Plan’s proponents spent years collecting data form Belmont residents and conducting surveys to guarantee that the community’s growth and development went in the direction the neighborhood desired. There are four parks, public transportation is accessible, youth programs abound and community events are taking place all the time.
Today, the Belmont community is a burgeoning, diverse and energetic district. The home price range is between approximately $55,000 and $250,000, and with the government aid available to home buyers today, much of Belmont’s residential real estate is affordable.
Considered Charlotte’s “first sizeable working class neighborhood,” as cited in the Revitalization Plan, Belmont’s location between the Fourth Ward and Plaza Midwood makes its accessible to services and an easy commute for Uptown Charlotte workers.
So if you’re looking to invest in metro Charlotte real estate within a community that is only going to get better, consider the quaint, historic Belmont District.
