If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates.
Equity is the current value of your home minus what you owe on the loan.
Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past few years, home prices appreciated substantially. And while home price appreciation has moderated this year, and even depreciated slightly in some overheated markets, that doesn’t mean you’ve lost all the equity you gained during the pandemic frenzy.
To prove you still have equity you can use, the latest Homeowner Equity Insights from CoreLogic finds the average homeowner equity has actually grown by $34,300 over the past 12 months. Read more on KeepingCurrentMatters.com.
If you are in the market for a new home, don’t miss your opportunity to live in this amazing community. Minutes from Main Street in Fayetteville, it is a lake community with beautiful new homes.
Available Home:
Homesite: 417 |500 Discovery Lake Drive |$619,900 |4 Bedrooms, 3 full & 1 half Baths
Lakeside Plan by New Leaf Homes on an acre lot. Owners suite on main with spa like bath with freestanding tub & large Tiled shower. Dual vanity & walk in closet. Oversized 2 car garage with room for storage. family room with fireplace Open kitchen with stainless appliances, island and 5 burner gas cooktop. Tech center on first floor for the work from home/school solution. upstairs features 3 additional bedrooms with Media room large enough to entertain a crowd. All Selections have been made & ordered. No changes will be accepted at this time. Design sheets in associated documents or call agent for details.
Best Amenity Package Award
With resort style living, the Canoe Club is a great place to live year-round. The community won a Silver award for the Best Amenity Package in the 2021 OBIE Awards this year! You will enjoy coming home to a lakeside wharf dock and canoe storage plus a 24-hour fitness center. You will love being able to get out on the water and enjoy your best outdoor lifestyle while practicing social distancing. You will enjoy coming home to over 600 picturesque acres and two spectacular freshwater lakes, Menawa and Senoya.
Other amenities include a 5,500 square foot Nantucket-inspired Lake Cottage Clubhouse overlooking the lake. Take a swim in the four-lane lap pool or enjoy the large gathering room, sunroom, catering kitchen, and coffee bar.
Close to Everything
The Canoe Club in Fayetteville is located approximately 22 minutes from downtown Atlanta, making it an easy trip to enjoy all that downtown Atlanta has to offer. If you travel frequently or work within the airport industry, Fayetteville is only 13 miles from Atlanta-Hartsfield International Airport. Close to Pinewood/ Trilith studios & Piedmont Hospital.
The Canoe Club is proud to be partnered with New Leaf Homes and Jeff Lindsey Communities.
From Atlanta: Take I-85 South to Exit 61, Peachtree City/Fairburn. Turn left on GA Highway 74 and travel approximately 2.5 miles. Turn left onto Sandy Creek Road and travel 6.5 miles to GA Highway 54. At GA Highway 54, turn right and go about 3/4 mile. Turn left on Huiet Drive and travel approximately 1/2 mile to the entrance of The Canoe Club. Follow the community signs to the Lake Cottage and Sales Center.
Sales Center Contact Information
Monday – Friday – By Appointment Only
Verkina Parrish – 770-846-8004
Kristen Cunningham – 770-843-1390
Sales handled by Berkshire Hathaway HomeService – Georgia Properties-New Homes Division. All information is believed to be accurate but is not warranted. Subject to errors, omissions, and change without notice.
