Hollowstone Subdivision – Loganville, Ga

This section of Gwinnett County has been a hot seller’s market all summer.  I was working with one buyer where we literally had to try and catch something before it went on the market for her to have a fighting chance.  The Hollowstone Subdivision is located in the Gwinnett county part of Loganville, and features lovely new construction homes by a popular builder.  As of July 31, 2017, there are 4 active listings advertised in the MLS for the Hollowstone subdivision.  You always want to make sure that you acquire a loan pre-approval letter first before you make appointments with your agent to view properties.  Builders usually have preferred lenders and will offer significant buyer incentives for you to use one of those lenders.

Before making a major purchase such as a new home, you should do some homework on factors that could potentially affect your resale value or your enjoyment while you reside in the new neighborhood.  That checklist should include the school system ratings, crime statistics, the convenience of amenities, and anything else that’s important to you.

Below is some general data for the schools in this subdivision’s zip code.  If you have school aged children, then you should probably dig deeper to investigate test scores, rankings and the student/teacher ratios of each school that services the subdivision.

Some homeowners like to know details about the demographics that they’re moving into.  Below is a chart that gives the break down of home usage within the immediate surrounding area.  Some buyers feel that if more people own their homes in the community, then they have more of a permanent stake in making sure it’s well maintained.

Another big concern from homebuyers is how their family’s quality of life will be impacted by a move.  Below is some data that pertains to the Hollowstone Subdivision that would probably be of some interest: You always want to go into a home purchase with your eyes wide open and will all of your due diligence thoroughly completed.  Your agent is there to help, so make sure to lean on that invaluable resource.  Please don’t hesitate to give me a call at (404) 641-5920 if you’re looking to buy or sell in the Metro Atlanta area!

Tuscan Ridge Subdivision (Snellville, Ga)

The Tuscan Ridge Subdivision is one of the neighborhoods in my immediate service area.  If your price range is in the mid $200’s and you’re looking to move to Gwinnett county, then you might want to consider the 2 active listings below in the Tuscan Ridge community.  These homes are move-in ready and spacious.A lot of the families that move to this community have school-aged children.  Below is some information on the schools that service this subdivision.  Gwinnett county has some award winning school districts, and as always, buyers should do the proper due diligence when it comes to selecting the proper neighborhood for their children’s education.  Just click on an image to enlarge the view.

It’s also very helpful to have some general and sales history information about a subdivision before you decide to uproot and move your family there.  Here is some data concerning the Tuscan Subdivision property characteristics, sales history and appraisal values:

From this data, you will notice that the ‘Average Appraised Value’ is less than both of the listing prices of the 2 active listings.  Don’t be alarmed!  This is very common since these appraised values from the county records are determined by the county assessor primarily for assessing property tax values.  It’s a common practice for these values to be up to 30% below fair market values.  Just make sure that your agent includes an ‘Appraisal Contingency’ addendum with your offer to protect you in the event that the devil pops up when your mortgage company orders an official appraisal to complete your loan package.

If you’re looking to buy or a sell a home in the Metro Atlanta area, please don’t hesitate to contact me for all of your real estate needs!

Audrey Williams – Broker
(404) 641-5920
 

Brookwood Plantation

If you’re looking to move into the Brookwood Plantation subdivision and have a budget of $305,000, then this home on Hickory Lake Drive is calling your name!  Below are some of this homes features:

  • Master on main w/upgraded Bath.
  • Upgraded Kitchen & breakfast room w/granite & stainless steel appliances.
  • A second Master & private Bath upstairs plus two additional over-sized Bedrooms w/a second full Bath up.
  • Step outside to a deep fenced in back yard w/large deck & in-ground pool.
  • Partially finished Basement.
  • Simply Southern!

Brookwood PlantationIn the listing information, you will notice that the Brookwood Plantation subdivision is located in the award winning Brookwood school district.  As a buyer, you have to make sure that no stones are left unturned when researching all of the details of your future home and neighborhood – especially if you have children.  Here is some additional information about the school system:

Brookwood-Alton-Brookwood

Brookwood Plantation Subdivision characteristics

Brookwood Plantation would be considered a medium sized neighborhood with 54 homes being accounted for.  It would also be considered an established neighborhood since the average age of the homes present is 28 years.
BrookwoodPlantation-SPC

Subdivision Sales Data & History

The ‘Average Property Turnaround’ value of 12.89 years indicates that most family in the neighborhood stick around for approximately 13 years before deciding to sell which makes this a very stable community.BrookwoodPlantation-History

Subdivision Appraisal Values

Don’t be alarmed that the average appraised value is $247,372 while the asking price of the featured listing is $305,000.  The values listed below are generated by the county and used primarily for property tax purposes.  The appraisal that your loan officer orders is almost always significantly higher than the county appraiser’s values.  Just make sure that your real estate agent includes an appraisal contingency with your purchase offer so that your earnest money and legal rights are protected in the event that there really is a problem with your appraised value.
BrookwoodPlantation-AppraisalPlease feel free to give me a call at (404) 641-5920 or send me an e-mail at audrey@awilliamsrealty.com to discuss your real estate needs!