If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this:
“. . . your home’s equity is the difference between how much your home is worth and how much you owe on your mortgage.”
That means your equity grows as you pay down your home loan over time and as home values climb. While it’s true home prices dipped slightly last year, they rebounded and have been climbing in many areas since then. Here’s why that price growth is good news for you.
In the latest Equity Insights Report, Selma Hepp, Chief Economist at CoreLogic, explains:
“With price gains continuing to help homeowners build wealth, equity has reached a new high and regained losses that resulted from declines last year. And while the average U.S. homeowner gained over $20,000 in additional equity compared with the third quarter of 2022, some markets are seeing larger increases as price growth catches up.” ‘
Read more at KeepingCurrentMatters.com.
Now Available:
Homesite : 1 |133 Huiet Drive |$659,900 |4 Bedrooms, 4 full & 1 half Baths
The Braxton Ranch Home on a One Acre Homesite has become increasingly popular in recent years as more and more homeowners seek out the perfect blend of luxury and comfort. This particular model boasts three bedrooms on the main level, each with its own full bath, and a fourth bedroom located upstairs with another full bath. The master bedroom features a large walk-in closet, double vanities, and a separate tile shower, making it the perfect retreat after a long day.
The open kitchen is perfect for entertaining guests, with a large island and quartz countertops that provide ample space for food preparation and serving. The dining room and breakfast area provide additional seating options for family and friends. The walk-in pantry is perfect for storing all of your kitchen essentials, ensuring that everything is within easy reach when you need it. See more here
Warm Weather is Coming
The Canoe Club is a community that is sure to impress all year round. In fact,it won a Silver award for the Best Amenity Package in the 2022 OBIE Awards. The community boasts of a lakeside wharf dock and canoe storage, which means you can easily get out on the water and enjoy your best outdoor lifestyle. If you’re more of a fitness buff, then you will definitely appreciate the 24-hour fitness center that is available to all residents.
The community is situated on over 600 picturesque acres and boasts of two spectacular freshwater lakes, Menawa and Senoya. The lakes are perfect for those who love outdoor water activities such as swimming, fishing, and canoeing. For those who prefer indoor activities, The Canoe Club has got you covered as well. The 5,500 square foot Nantucket-inspired Lake Cottage Clubhouse is the perfect place to relax and socialize with neighbors.
Inside the Clubhouse, there’s a four-lane lap pool, a large gathering room, sunroom, catering kitchen, and coffee bar. The clubhouse provides a great space for residents to host events and get-togethers. Overall, The Canoe Club is a great place to live, with a wide range of amenities that cater to all your lifestyle needs.
Near The Best of Atlanta
The Canoe Club in Fayetteville offers a convenient location for those seeking proximity to downtown Atlanta, as it’s a mere 22 minutes away. This grants easy access to all the city’s attractions and events. For frequent travelers or those who work in the airport industry, the community is only 13 miles from Atlanta-Hartsfield International Airport, facilitating swift commuting. Furthermore, the Canoe Club is situated near Pinewood/Trilith Studios and Piedmont Hospital, offering a practical location for those employed in these areas. Overall, the Canoe Club in Fayetteville presents an ideal home base for individuals desiring to reside near Atlanta while enjoying the benefits of a peaceful, suburban community.
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.
