If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to help you feel more comfortable making your move.
What Equity Is and How It Works
Equity is the current value of your home minus what you owe on the loan. And recently, that equity has been growing far faster than you may expect.
Over the last few years, home prices rose dramatically, and that gave your equity a big boost very quickly. While the market has started to normalize, there’s still an imbalance between the number of homes available for sale and the number of buyers looking to make a purchase. And it’s because homes are in such high demand that prices are back on the rise today. Rob Barber, CEO of ATTOM, a property data provider, explains:
“Equity levels were high even during the recent downturn, and now they are going back up and better than ever.”
Read more on KeepingCurrentMatters.com
155 Lapis Lake Point |$569,900 | 3 Bedrooms/2.5 Baths
Welcome home to this incredible ranch home on a one-acre homesite. The Alexander plan features 3 bedrooms and 2.5 Baths. Enjoy having the Owners’s Suite on the main with a large walk-in closet, bath with double vanities and quartz countertops. There is a separate tile shower. This home features a foyer entry to welcome your friends and family. Enjoy entertaining in the open kitchen with a large island, built-in wall oven and microwave. There is a 36″ gas cooktop with cabinet venthood. The appliances are stainless Frigidaire appliances. Open to the Family room with fireplace featuring a brick and raised hearth. There is a powder room off the foyer for convenience. Coming in from the garage, there is a mudroom entry. Hardwoods & tile throughout- no carpet * Covered Back Porch * 2 Car Garage with extra Storage * Ready in December 2023. NO DESIGN OR COLOR CHANGES WILL BE ACCEPTED.
There are many advantages to choosing your floor plan. See floor plans here.
Resort Style Amenities
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 2022 OBIE Awards this year! Love living on the lake where there is 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. 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.
Enjoy the Access to Atlanta
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.
