The town of Newnan,
Georgia is ideally situated
in West-Central Georgia, just outside the Metropolitan Atlanta area. With the
region's strong local economy and family-friendly environment, Newnan has become an
increasingly popular relocation destination. There are currently just under 20,000
residents living in Newnan, a number that continues to grow each year.
Many of the newcomers who relocate to Newnan come here to experience all of the
benefits of the town's proximity to Atlanta, without all of the hustle and bustle of
city living. In fact, Newnan is noted for its close-knit community feel, superior
public school system, and beautifully maintained public areas.
Residents here take a great deal of pride in their community. Newnan has five
separate districts that are listed on the National Register of Historic Places,
and the local Square is where you will find a variety of locally owned boutiques,
cafes, and businesses. This is also where locals gather for such popular annual
events as the Homemade Ice Cream Festival, Fourth of July festivities and Christmas
Parade.
Newcomers to the area are delighted by Newnan's charming environment. And they are
thrilled to discover that the city maintains an affordable overall cost of living.
This extends to the city's housing market, where homeowners have experienced a
steady appreciation of their homes values, yet buyers in all price ranges will
find something to suit them.
Recent real estate reports indicate that the lower end of Newnan, Georgia's real
estate market currently starts at a listing price of just slightly under $50,000
for a single-family “starter” or “fixer-upper” style home. A typical three-bedroom,
two-bath single-family home in Newnan, Georgia now starts at a listing price of
approximately $65,000. The median listing price for this style home is currently
just under $200,000.
Real estate prices in Newnan, Georgia top out at a listing price of $3,450,000 for
a magnificent dream home with five bedrooms and seven bathrooms. At this price
point, buyers will find a breathtaking estate home with pride of ownership evident
throughout.
Potential home buyers might also want to consider the nearby community of Peachtree
City. This master planned community utilizes the "city of villages" concept to
create cozy residential districts that are within close proximity to services,
businesses, and amenities. The villages in Peachtree City include the areas of
Aberdeen, Braelinn, Glenloch, and Kendron. There is currently one other village
under consideration for annexation.
Outdoorsmen are particularly drawn to Peachtree City, thanks to its two lakes, three
golf courses, world-class tennis facility, and a unique seventy-mile long system of
pedestrian, bicycle, and golf cart pathways. Locals may take these trails to reach
shops, schools, and churches, thanks to a network of tunnels and bridges that allow
them to safely bypass major streets.
Real estate prices in Peachtree City are slightly higher than those in Newnan. At
the lower end, homes in Peachtree City start at a listing price of approximately
$94,000 for a condominium or townhouse. A three-bedroom, two-bath single-family
home in Peachtree City now starts at a listing price of just under $100,000, while
the median price is around $280,000. At the higher end of Peachtree City's real
estate market, prices currently top out at $1,690,000 for a recently constructed
single-family home with six bedrooms and five baths.
Both Peachtree City, Georgia and the neighboring city of Newnan are terrific places
to live. If you are thinking about moving, consider all that this vibrant region
has to offer! To learn more, simply request our free relocation packet today.
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