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Category Archives: gwinnett

Gwinnett County Public Schools Making Changes…

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Image by lane.bailey via Flickr

I ran across a story in the Gwinnett Daily Post mentioning that Gwinnett County Public Schools (GCPS) is getting ready to make a few changes for the 2011-2012 school year.  Basically, they need to balance out the Peachtree Ridge and Duluth clusters, open the new Moore Middle School in the Central Gwinnett cluster and shift a couple of Elementary Schools in the Shiloh cluster.

Peachtree Ridge High School and Hull Middle School are both over capacity.  The schools that will likely be affected are Peachtree Ridge High, Duluth High, Hull Middle, Duluth Middle, Mason Elementary, Chesney Elementary and BB Harris Elementary.  And while GCPS is still working on the boundaries, they expect that less than 1,000 studtents will be affected.  Maps should be available later today with  the new boundaries.

In 2009, GCPS announced the new Moore Middle School in the Central Gwinnett High School cluster.  This adds a second middle school for the cluster.  Lawrenceville and Winn Holt elementary schools will feed into the new Moore Middle School, while Cedar Hill, Jenkins, and Simonton elementary schools will continue to feed into Richards Middle.  Moore will feed to Central Gwinnett, as will Richards.

There will be a shifting of elementary attendance zones in the Shiloh Cluster as sections of Spain Road, Waterfront Place, Hadley Place and Forest Bend Road will move to Partee ES from Annistown ES. This change also was part of the approved redistricting in December 2009.

 

Source

 

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Let’s go for a Walk

Lilburn’s newest walking trail has been open for a few months now, but I just recently had the opportunity to test it out.

It is a pretty nice set of trails.  The total distance I covered was about 5.2 miles.  This included pretty much all of the available trails.  There is one that runs out of the parking area heading WSW.  This one is about a 3.1 mile walk to the end at Rockbridge Road and back.  Going the other direction, heading through the park and then off to the north has two spurs.  Walking to the end of both spurs and back to the parking area should be about 2.1 miles.

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Photo Friday… Spring Ball…

March Madness hasn’t even really arrived, but many are turning their minds to the game of Spring and Summer…  Baseball.  The Atlanta Braves are practicing and playing down at Disney World, and soon the Gwinnett Braves will be playing at CoolRay Field in Lawrenceville.

Of course, getting into town to catch an Atlanta Braves game isn’t that tough for most of us in Gwinnett County, but the G-Braves can be a LOT of fun, too.  Tickets are cheaper.  It is closer.  The venue is smaller and the views are better.  The fans seem to be more into the game than a lot of those at Turner Field.

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My mom is a huge baseball fan. I didn’t pick that up from her… I am more of a racing kind of guy.  But, whenever she visits, we have to try to catch a game.  Even for those of us that prefer our sport a little faster, a day at the ballpark can be a pretty good time.

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Duluth, GA, Market Report, January 2011

Georgia Railroad 1026, an EMD GP7 -- on perman...

Image via Wikipedia

Preliminary stats for Duluth, January, 2011 indicated that there were 584 properties on the market. Overall, there is about an 11 month supply of properties.  Months of Inventory has been increasing for the last couple of months, until last month.  Sales in January were 40, compared to 25 a year earlier.  Usually in January we see an uptick in inventory, which continues through the spring.  Inventory actually dropped this time.  If inventory stays flat or doesn’t move as high as previous trends, this could bode well for properties on the market.

In the Under $200k arena, there were 239 listings in Duluth, GA, with about a 9.1 month supply.  The Absorption Rate had gotten down into the high 4 month realm… and as recent as December, 2009, was in the low 5s.  In May, it was at 7.9 months and has been rising since, until last month.  Sales for December were up this year v last year (23 v 9).

Between $200k and $400k, there are 158 listings for sale, and about 11.6 months of supply.  Sales decreased from 11 in 2010 to 7 in 2011.  With sales down for November, up for December and down for January, there is no clear trend.  Absorption rates have similarly risen, dropped and then risen again.

 

From $400k to $600k, there were 54 homes on the market. The absorption rate was around 7.7 months.  This is one of the strongest segments in Gwinnett County.  Of course, this is on the heels of a weak December and flat November.  Sales were strong this year v last year (6 v 3).

In the $600k to $800k arena, there were 50 listings, with about 13.6 months of supply.  Sales were 4 for January… just 1 for this month last year.  Month to month sales were flat, but at least it is a much higher level than last year.  If listings stay relatively low, this segment could show a great improvement.

In Duluth, GA, from $800k to $1m, there were 28 homes listed and approximately 16.8 months of inventory on the market.  Falling inventories and increased sales are fueling the increasingly favorable Absorption Rate (it was 67.5 months in February).  There were 5 sales in the last three months, this year.  Last year, there were 4 sales in the same period.  Over the summer, the Absorption Rate for this segment dropped as low as 14.3 months of inventory.

Above $1m, there were 55 properties listed. The current absorption rate indicated about 55 months of inventory.  A couple of sales at this level could have a large impact on the Absorption Rates…  There were 3 sales in the Nov – Jan period this year, and 3 sales for the same time last year… but inventories have been dropping.

Duluth, GA is a suburb of Atlanta, in the heart of Gwinnett County. It actually straddles the county line and has unincorporated portions in South Forsyth County. The population of Duluth is estimated as about 26,000 people as of 2008, but this doesn’t include unincorporated areas outside the city limits, but with a Duluth mailing address. It is also home to Sugarloaf Country Club, a PGA stop until recently.  Forbes Magazine rated Duluth 26th in their nationwide survey of the best places to move, and it is one of the wealthiest parts of Georgia.  It is also home to the Arena at Gwinnett Center (Home of the ECHL Gwinnett Gladiators) and the Atlanta Thrashers practice facility (the Duluth Ice Forum). There is a LONG list of celebrities and athletes that call Duluth home, largely because of the country clubs and proximity to Atlanta.

I have a page dedicated to Duluth Market Information.

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Wayback Wednesday… Legendary…

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Image by lane.bailey via Flickr

Last year I wrote about comeback…  Legends of Parkview had kind of folded up shop.  The previous builder had gone bankrupt and relinquished the property to the bank.  DR Horton stepped in and bought the remaining lots after the last few completed homes had been sold.

Originally, the homes had been priced in the $500k+ range.  They were custom built, most featuring 3+ car garages, basements and very nice finishes.  As a buyer, if you wanted a wall moved, different materials or almost any other change, they would do it (for a price).  They were custom homes.  I had toured them when the development started, and the build quality was excellent.

DR Horton came in at a WAY lower price point.  In fact, pre-construction, the prices were starting in the $270k range.  Now they are up to the $290k range to start (but quickly pass $300k).  Still, that is $300k below where many of the previous homes were sold.  Floorplans are actually similar, as are square footages.  Style is very similar… some of the elevations (exterior stylings) even match the older homes.

There are a few differences, though.  I don’t think there are any 3 car garage plans in the DR Horton stage of the development.  Custom changes aren’t happening.  Some of the materials aren’t as luxurious as they were previously.  There may not be as many variations in exterior designs.

Of course, those are the differences that allow DR Horton to come in $300k lower on their price point.

Coincidentally, the lead agent on the development recently emailed me to invite me to take a look at the new homes.  I’ll try to get out there very soon to see under the hood…

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