Indian Trail is one of the fastest growing towns in Union County, North Carolina. IndianTrail, North Carolina is located East of Charlotte, and in the past four years has experianced a tremendous amount of growth. Property Appraisers in Indian Trail, NC consider the principle of competition that says when the supply of property in the market place is low relative to the demand for such properties, creating excess profits for present property owners, the result is to attract more properties to the market place. If only a few properties are available in Indian Trail, North Carolina those properties will command a much higher price than if there were many properties for sale. 
A real estate appraiser located in Indian Trail, North Carolina may also consider the principles of conformity, progression and regression. In general, particular in residential areas of single-family houses in Indian Trail, buildings should follow the principle of conformity; that is, they should be similar in design, construction, age, condition, and market appeal to other homes in the neighborhood. 
Nonconformity in Indian Trail, NC may work to the advantage or disadvantage of the owner of the nonconforming property. A home appraiser in Indian Trail, North Carolina, describes progression, as “a house that has not been well maintained but is located in a neighborhood of well kept homes will benefit from the overall good impression created by the neighborhood and its probable desirability”. Regression is the exact opposite.
Recently named as one of the top ten best places in America to raise a family by Family Circle Magazine; Indian Trail is continuing to grow while at the same time preserving a family friendly atmosphere
Population
Indian Trail is located in Union County just fifteen miles from the city center of Charlotte, the largest city in North Carolina. Since 1990, the population has grown from under 1,942 people to a population of over 26,000.
In January of 2009, The Gabderry Group, a location services firm based in Little Rock, Arkansas, released a report noting the eight most high growth areas in the nation. Indian Trail placed fifth out of the eight cities due to a 95% increase in population from the year 2000 to 2008. Additionally this same report found that the household income increased 38% from $63,578 to $87,707. The growth in income levels and net worth data earned Indian Trail a ranking of second place for a high economic stability index. Source: Town of Indian Trail