Canton Mill Lofts
The Cherokee County Real Estate market consists of five great cities. Woodstock, Towne Lake, Canton, and Ball Ground. Each city has plenty of what Atlanta Metro home buyers are looking for. There are plenty of great Canton homes for sale with mountain views, or Woodstock real estate in gated communities. Towne Lake homes are situated in tight luxurious communities, and the Ball Ground is where you go to purchase acreage or a home with plenty of land.
Woodstock real estate
The real estate market in Cherokee County, GA has faired much better than the national market. This large county in the North Atlanta suburbs has sustained positive growth and steady sales during this national housing slump. Two major factors have helped the Cherokee housing market. First, the home prices did not follow the national “bubble” trend of forcing prices so high that nobody could afford them. Second, the quality of schools, lower taxes, and quality of life, have made this area prime for growth, under any economic circumstances.
Canton Real Estate
As we all know, the mortgage industry’s woes, extremely over-priced markets, and many other factors have contributed greatly to the national housing slump. The Atlanta Real Estate market has been effected, but not even close to such markets as South Florida, New York City, and Los Angeles. Maybe it’s because of the Atlanta housing market’s “average” terrain? Or due to the fact that is has become a transient city with large corporations bringing in workers, then shipping them off a few years later. Nobody really knows the full answer, but luckily we are in a great situation for home-buyers and even home sellers.
Canton Real Estate
North Atlanta residents have easily made Cherokee County their home for the following reasons: Property taxes are on average substantially lower due to having no direct effect with the Atlanta Tax base. Unlike Fulton & Dekalb, no part of Cherokee County resides in Atlanta city limits. Citizens here enjoy much lower property tax payments than their neighbors in surrounding counties, and that in turn allows the Cherokee County home buyer more buying power. The county has also seen a huge surge in New Schools, faculty, and test scores. This has been another attractive point of buying a home here.
Canton real estate and Canton Homes have long been much sought after in this lovely part of Georgia. Canton is a town of some 22,000 people in the north of Georgia, and is the county seat of Cherokee county.
It was well known as the home of Canton denim. More recently it has become famed as one of the fastest growing cities in the US- and certainly the fastest growing in Georgia. This has been due to careful planning, investment and it’s excellent location.
Big capital investment, new infrastructure, and the major leisure development at the new Heritage park have all helped bring more people into this wonderful Georgian town; many have been keen to make the most of it’s gorgeous location, close to the Blue Ridge Mountains.
Towne Lake Homes
But Canton real estate and Canton Homes have suffered of late, as the property market has been in the doldrums since the property market crash of 2008. This part of the country has born the brunt of the real estate bubble bursting. Of the 7500 households in the city, some 2600 are up for sale, with a depressing 1800 foreclosures.
This has led to a 4% decline in house prices over the last 12 months. However, prices remain higher than the Georgian average, at some $215,000 on average; and they have declined much less than other properties across the state.
Woodstock home design
The area is complete with many luxury homes and estates, built at the height of the property boom. Although there is no sign of an imminent recovery in the property in this area, many of these wonderful homes are now at bargain basement prices- up to 20% down from the highs seen during the height of the boom.
So maybe now is the time for you to start investigating the potential of Canton homes in this area- not only as a wonderful place to live, but as a long term investment for your family.
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