McDonough Georgia Real Estate
Homes in McDonough, Georgia are in demand at present. So if you’re thinking of moving to Georgia, and to be more specific the area of McDonough, then you’ll be wanting more information about the various McDonough, Georgia real estate options open to you.
There are numerous McDonough realtors as well as Georgia realtors and even some Atlanta realtors who can advise you on the different areas of McDonough. Whether you want to rent or buy, shouldn’t be a problem either as the split between house owners and people renting is roughly the same.
If you’re looking to buy, the latest statistics show that in the McDonough, Georgia real estate market there are more sellers than buyers. But don’t be complacent. Over the past year, the number of people putting in an offer for one or more McDonough homes has been increasing. In fact it’s expected that soon the number of buyers will overtake the number of sellers.
There are various reasons why homes in McDonough are so attractive. Firstly, real estate in McDonough, Georgia is, at the moment, cheap compared to other cities and towns in Georgia. In today’s world where it’s possible to work from home and not spend all the time in the office, people are relocating from areas like Florida to McDonough and Henry county where they find the day-to-day cost of living is cheaper.
Then add to that the nearly perfect location of McDonough. Located only around 30 minutes drive from Atlanta airport and around 10 minutes from the I-75, it makes commuting to work (if required) very easy. You get the benefits of a city job combined with a great place to come home to in the evening where you can relax in the peace and quiet after the bustle of the city.
To give you some idea of the growing popularity of McDonough, Georgia as a place to live, it’s estimated that between 2000 and 2005, the population has grown by somewhere in the region of 80%. As you can imagine, that has caused a demand for real estate in McDonough. Despite the building of new houses, house prices have increased somewhere between 5-10% when compared to last year, and they are expected to increase further. This makes the average house price currently somewhere in the region of $150,000.
You’ll probably be surprised but despite the population growth, currently McDonough, Georgia doesn’t have either a shopping mall or an entertainment district. Due though to the population growth trend which is expected to continue, there are plans to change this in the very near future. Once these are built, it is expected that prices for McDonough homes will increase even more, along with the attractiveness of living in McDonough.
One thing that you’ll notice quickly if you start to look through the various McDonough, Georgia real estate listings is the amount of custom home developments. As any of the McDonough realtors will tell you, custom home developments are big in this area. Which makes it the perfect choice for you if you can’t find exactly what you’re looking for up for sale.
There are a few other things that you should consider if you’re planning to move here. McDonough, Georgia does have a number of good schools at all levels from primary through to high school. There is also a university in McDonough itself, in addition to there being several other large universities within a thirty mile radius. So it’s a great location for your kids!
Finally, before you do sign on the dotted line for that perfect McDonough Georgia real estate property, how do you feel about tornados? If you already live in Georgia and are just relocating to McDonough it won’t be a problem. But you should be aware that tornado activity in the region of McDonough, Georgia is slightly higher than elsewhere in Georgia.