Location, Location, Location...

By
Real Estate Agent with Century 21 Results Realty

 

Sunrise in Lilburn
Image by jeremypullen via Flickr

That has to be the most tired and over-used statement in real estate.  But there is a problem with it…  It kind of died as a truism.

The idea behind that statement is that homes in the right area could bring more money.  And that has always been true…  But there is a big donut hole in the theory…

People go to where they can get the house they want…

Even Clark Howard says that.  Look at the Gwinnett County market or the Atlanta area market.  Up until a couple of years ago, buyers would drive out from the center of town until they could find the house they could afford with the amenities they wanted.  Twenty years ago that was “way out” in Lawrenceville or Duluth.  Ten years ago that was Dacula or Buford.  Just a couple of years ago it was Loganville or Flowery Branch.  I would imagine that forty years ago it was Lilburn and Peachtree Corners.

But then last summer gas prices skyrocketed… there were shortages.  People started to look at their lifestyles and the cost of living 40 miles from Atlanta… and working close-in.  And there is a major cost… not just gas, but time as well.

That is one of the reasons my wife and I settled in Lilburn eight years ago.  She worked in Midtown and I worked near Northlake.  Later she worked near Perimeter Center… now she has clients in Midtown again.  She can make it all of the way to the Atlanta Station area in 20 minutes.

We also have to go the other way…  Garrett is playing ice hockey at the Duluth Ice Forum.  It takes about 20 minutes to get there.  And then there were the Thrasher’s Season Tickets… 30 minutes to Philips Arena.  My wife’s parents in Sugar Hill… 30 minutes.

We have found that this is an excellent location to get anywhere in Gwinnett County or into Atlanta easily.  We have at least three ways to get almost anyplace… so we can drive around the traffic.

The best part is that prices here are quite reasonable.  There are areas with homes under $100k that are quite nice.  There are luxury homes knocking on $1m.  There are loads of options in between.

And the other best part is the schools.  Lilburn is the Home of Parkview, and a few parts are severed by Brookwood.  These are a couple of the best clusters in Gwinnett County… and Georgia.  They have both ranked well for decades.

If this area of Gwinnett County sounds like someplace you’d like to call home, give me a call, Tweet, IM, email… whatever.  I know some great homes for sale here.

 

From LaneBailey.com

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Ambassador
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Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI
(RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE

I wanna be near a Baskin Robbins :) :)  so....are you saying that I shouldn't use location ditto ditto in my listings?

Jun 03, 2009 02:46 PM #1
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Patty Keller
AnotherME, LLC - Atlanta, GA
AnotherMe - 770-414-9393 - RE Virtual Assistant

Lane - that's why we live in the Lilburn area as well!  30 minutes to anywhere!  Except maybe Douglasville or Alpharetta!

 

Patty Keller, AnotherME

Jun 04, 2009 09:05 AM #2
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Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

Sally - There is a chain here called Brusters... WAY better.  We are three miles from two different locations!

Patty - Great parks, huh?  ;^ )

Jun 04, 2009 02:04 PM #3
Rainmaker
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Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Lane - I agree with you that traffic and gas prices will eventually force people to move closer to where they work, or get a job closer to where they live. Some smart businesses are moving their headquarter to where the demographics of their employees fit. Nissan moved their headquarter from California to Franklin because of that. It also helped that they saved millions in taxes by moving from California to Tennessee. I expect a lot of companies in California will follow  for the same reason.

Jun 07, 2009 03:28 AM #4
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Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

Larry - I think the taxes sealed the deal...  That is why CA (and MI) are hurting... 

Jun 07, 2009 03:43 PM #5
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