Check out the home I found in Belmont
Here’s the link to the N.C. house on realtor.com.
It’s a brick front and across the street from the lake, not on the lake. Location, location, location.
I would not consider this a mansion based on living in metro Atlanta. Mansion is 12,000 sq ft + here.
The recession hit that area hard as the Charlotte area is a banking center, and the banks had a few problems.
I am sure builders were making deals. They were having fire sales in Atlanta.
Realtor.com is a great website to keep up with home values in your area. It is taken from public information.