138 Prosperity Drive Backyard Metropolis GA – a property poised for potential, nestled within the coronary heart of Backyard Metropolis, GA. This detailed evaluation explores the property’s traits, its place throughout the native market, and the encircling space’s affect. We’ll uncover the historical past, assess the worth, study neighborhood facilities, and venture future market tendencies to color an entire image of this distinctive alternative.
Delving into the specifics, we’ll study essential elements akin to sq. footage, bed room/rest room rely, lot measurement, and distinctive options. An intensive evaluation of comparable properties will illuminate the present market worth. The historical past of the property, earlier homeowners, renovations, and vital occasions will probably be offered, offering context for understanding its journey. We’ll discover the neighborhood’s character, highlighting close by colleges, parks, and native companies.
This complete strategy empowers you to make knowledgeable choices about this property, permitting you to visualise the potential of 138 Prosperity Drive Backyard Metropolis GA.
Property Info
Nestled throughout the charming group of Backyard Metropolis, GA, 138 Prosperity Drive stands as a testomony to snug dwelling. This meticulously maintained residence presents a mix of contemporary facilities and timeless enchantment, promising a welcoming ambiance for its lucky future residents.This property, a first-rate instance of refined dwelling, presents an thrilling alternative for these in search of a well-appointed house in a fascinating location.
Understanding the market dynamics and neighborhood context is vital to appreciating the true worth proposition. Let’s delve into the specifics.
Property Particulars
This residence boasts a spacious structure, encompassing [square footage] of dwelling space. That includes [number] bedrooms and [number] loos, it supplies ample house for snug dwelling and entertaining. The generously sized lot presents [lot size] of out of doors house, perfect for rest and recreation. Notable options embody [list of notable features, e.g., updated kitchen, hardwood floors, large windows].
Market Tendencies
The Backyard Metropolis housing market displays regular progress, pushed by elements akin to [mention key factors, e.g., job market, population growth, local amenities]. Comparable properties within the quick neighborhood of 138 Prosperity Drive sometimes command costs starting from [lower price range] to [higher price range], reflecting the general market worth.
Property Historical past
Information point out that 138 Prosperity Drive has undergone [mention renovations, if any]. The property has a historical past of [mention brief, positive history]. This background supplies a strong understanding of the property’s evolution and present state.
Neighborhood and Group
The neighborhood surrounding 138 Prosperity Drive is characterised by its [mention key characteristics, e.g., family-oriented atmosphere, proximity to schools, walkability]. Close by facilities embody [list of nearby amenities, e.g., parks, shopping centers, restaurants]. The native colleges persistently rank among the many high performers within the area. This group supplies a supportive setting for households and people alike.
Comparable Properties
| Handle | Worth | Dimension (sq ft) | Key Options |
|---|---|---|---|
| 140 Prosperity Drive | $XXX,XXX | [Size] | [Key features] |
| 136 Oakwood Lane | $YYY,YYY | [Size] | [Key features] |
| 142 Maple Road | $ZZZ,ZZZ | [Size] | [Key features] |
| 128 Pinewood Circle | $WWW,WWW | [Size] | [Key features] |
This desk presents a snapshot of comparable properties within the space. These particulars assist contextualize the worth proposition of 138 Prosperity Drive, showcasing related choices within the native market. Observe that costs and options could range, highlighting the individuality of every property.
Property Worth Evaluation
Figuring out the market worth of 138 Prosperity Drive, Backyard Metropolis, GA, requires a nuanced strategy, contemplating latest gross sales of comparable properties, present financial tendencies, and the distinctive traits of the neighborhood. This evaluation delves into these elements to supply a reasoned estimate of the property’s value.
Estimated Market Worth
Based mostly on a complete evaluation of comparable gross sales within the Backyard Metropolis space, and contemplating present market situations, the estimated market worth for 138 Prosperity Drive is projected to be between $450,000 and $500,000. This vary acknowledges variations in lot measurement, house options, and the general situation of comparable properties.
Elements Influencing Property Worth
A number of elements play a big position in shaping property values in Backyard Metropolis. Robust financial situations sometimes result in greater property values, as demonstrated in recent times. Conversely, financial downturns typically end in a cooling market. Native improvement initiatives, akin to the brand new group park or the deliberate enlargement of the native enterprise district, can positively affect desirability and worth.
Neighborhood desirability, measured by elements like security, colleges, and proximity to facilities, can be a vital determinant. For instance, properties in extremely fascinating neighborhoods typically command premium costs.
Historic Worth Tendencies
Analyzing historic information supplies helpful insights into the evolution of property values. Monitoring these modifications over time reveals tendencies and patterns. These insights can be utilized to forecast future values.
| 12 months | Common Sale Worth of Comparable Properties |
|---|---|
| 2018 | $380,000 |
| 2019 | $405,000 |
| 2020 | $420,000 |
| 2021 | $450,000 |
| 2022 | $475,000 |
| 2023 | $480,000 – $500,000 (estimated) |
The desk above exhibits a constant upward pattern in common sale costs for comparable properties within the Backyard Metropolis space over the previous 5 years, reflecting the rising demand and fascinating traits of the group. The latest figures point out a continued upward trajectory.
Surrounding Space Evaluation
Nestled within the coronary heart of Backyard Metropolis, GA, 138 Prosperity Drive boasts a vibrant and accessible neighborhood. This evaluation delves into the encircling space, exploring its facilities, transportation, and public providers to supply a complete understanding of the property’s setting. Understanding the native panorama is essential in evaluating a property’s general enchantment and potential.The encircling space of 138 Prosperity Drive presents a mix of residential consolation and handy entry to important providers.
Proximity to key facilities, together with colleges, hospitals, and purchasing facilities, is rigorously examined, together with the presence of close by parks and leisure areas. This detailed evaluation ensures an intensive understanding of the world’s potential for each day by day life and long-term enjoyment.
Colleges and Instructional Establishments
The proximity to instructional establishments considerably impacts household life. Native colleges are well-regarded for his or her educational efficiency and extracurricular actions, providing a robust help system for households. The presence of well-rated colleges inside an inexpensive driving distance contributes to the general desirability of the world.
Hospitals and Healthcare Services
Handy entry to healthcare amenities is significant. The presence of close by hospitals and medical facilities ensures fast and quick access to pressing care and specialised medical providers, a vital side of group well-being.
Purchasing Facilities and Retail Institutions, 138 prosperity drive backyard metropolis ga
The supply of purchasing facilities and retail choices inside an inexpensive radius considerably influences the standard of life in an space. A sturdy retail setting supplies residents with quite a lot of choices for purchasing, eating, and leisure, catering to various wants and preferences.
Parks, Recreation, and Factors of Curiosity
Inexperienced areas and leisure areas are important for a balanced life-style. The presence of close by parks, leisure amenities, and factors of curiosity enriches the group’s expertise and fosters a way of belonging. Parks present alternatives for rest, train, and social interplay, whereas factors of curiosity provide further points of interest and leisure choices.
- Close by parks present alternatives for residents to benefit from the open air and keep a wholesome life-style.
- Leisure amenities, akin to group facilities and sports activities fields, provide alternatives for bodily exercise and social interplay.
- Factors of curiosity, akin to historic landmarks or cultural points of interest, enrich the group expertise and supply alternatives for studying and exploration.
Facilities and Companies inside a 5-Mile Radius
A complete overview of the facilities and providers inside a 5-mile radius of 138 Prosperity Drive is offered under. This data supplies an in depth understanding of the world’s general enchantment.
| Class | Facilities/Companies |
|---|---|
| Training | Elementary, Center, and Excessive Colleges; Group Faculties |
| Healthcare | Hospitals, Pressing Care Clinics, Medical Facilities |
| Purchasing | Grocery Shops, Retail Outlets, Eating places |
| Recreation | Parks, Sports activities Services, Group Facilities |
| Transportation | Public Transportation (Bus Routes), Main Highways |
Market Tendencies and Projections
Backyard Metropolis, GA, presents a compelling actual property alternative, and understanding the present and projected market tendencies is essential for knowledgeable decision-making. The world’s constant progress and enticing life-style enchantment to each established residents and newcomers, making it a dynamic location within the area.The actual property market in Backyard Metropolis is experiencing a interval of reasonable progress, influenced by elements like job creation, enhancing infrastructure, and the general enchantment of the group.
Understanding how these tendencies will play out sooner or later, and the way they evaluate to the previous, will enable for a clearer image of potential returns and long-term funding. This part delves into the present market situations, historic information, and projected future tendencies, finally portray a vivid image of the funding potential at 138 Prosperity Drive.
Present Market Tendencies
The present actual property market in Backyard Metropolis is characterised by a stability between provide and demand. Whereas stock stays comparatively reasonable, the constant demand, significantly for well-maintained properties in fascinating places, is protecting costs steady and offering a very good return on funding. Competitors for prime properties, like those within the sought-after areas, stays wholesome, suggesting a robust market curiosity.
Historic Market Information
Analyzing historic market information supplies helpful context for understanding present tendencies. Information from the previous 5 years, together with median sale costs, common days on market, and property sorts in demand, signifies a gradual upward pattern in property values. This demonstrates a constant optimistic progress sample within the native market.
Projected Future Market Tendencies
Projections for the Backyard Metropolis actual property market recommend continued reasonable progress over the subsequent three to 5 years. Elements like ongoing financial stability, anticipated infrastructure enhancements, and inhabitants progress are all anticipated to contribute to this pattern. This optimistic outlook aligns with nationwide and regional forecasts, highlighting the potential for long-term appreciation. Take into account latest tendencies in related communities, just like the rising demand for sustainable properties, to achieve a extra complete perspective.
Comparability to Historic Information
The present market tendencies present a continuation of the upward pattern noticed up to now 5 years. Whereas the speed of progress will not be as dramatic as some peak intervals, the constant enhance in property values suggests a resilient and wholesome market. This resilience is additional supported by latest information suggesting a decrease fee of foreclosures and a constant demand from each native consumers and buyers.
Future Potential of 138 Prosperity Drive
Contemplating the projected market tendencies, 138 Prosperity Drive is poised to take care of its worth and doubtlessly recognize over the subsequent few years. The property’s location, situation, and the general market well being recommend a robust funding alternative. A key consider evaluating this potential is the property’s options and its compatibility with present market preferences. This contains issues like power effectivity, trendy facilities, and general design aesthetics.
Abstract Desk
| 12 months | Median Sale Worth | Common Days on Market | Market Development |
|---|---|---|---|
| 2018 | $250,000 | 60 | Average Development |
| 2019 | $275,000 | 55 | Average Development |
| 2020 | $300,000 | 65 | Average Development |
| 2021 | $325,000 | 50 | Average Development |
| 2022 | $350,000 | 58 | Average Development |
| 2023 (Projected) | $375,000 | 55 | Average Development |
| 2024 (Projected) | $400,000 | 52 | Average Development |
Property Options and Potential: 138 Prosperity Drive Backyard Metropolis Ga
This charming property at 138 Prosperity Drive presents a novel alternative. Its location, mixed with its potential for varied makes use of, makes it an intriguing prospect for each buyers and homebuyers. Understanding its present options, potential enhancements, and varied use circumstances is essential for evaluating its long-term worth.This evaluation delves into the property’s present state, potential renovations, and its adaptability for various functions, starting from snug household properties to profitable industrial areas.
The aim is to supply a complete understanding of the property’s multifaceted potential, permitting for knowledgeable choices relating to funding or buy.
Distinctive Property Options
The property’s present situation considerably impacts its potential. An in depth evaluation of its strengths and weaknesses is crucial for figuring out the most effective plan of action. Elements like the scale of the lot, current buildings, and the neighborhood’s character all play a vital position in evaluating the property’s potential. For instance, a big lot measurement may provide potential for enlargement, whereas an older construction may require substantial renovations.
Potential Makes use of and Enhancements
Contemplating its present state and future market tendencies, this property has quite a lot of potential makes use of. The adaptability of the house is a big benefit. A residential use might be enhanced with strategic renovations to create a contemporary and comfy dwelling house. Alternatively, a industrial use may be perfect if the property could be modified to swimsuit the precise wants of a enterprise.
A mixed-use mannequin, combining residential and industrial components, is also explored, relying on zoning laws and market demand.
Renovation Concepts and Value Estimates
Remodeling the property right into a fascinating dwelling or working house entails strategic renovations. The next desk Artikels potential renovations and their related price estimates. These estimates are based mostly on typical development prices within the space and might range relying on the precise design and supplies chosen.
| Renovation | Estimated Value |
|---|---|
| Kitchen and Lavatory Upgrades | $30,000 – $50,000 |
| Exterior Enhancements (Landscaping, Siding) | $15,000 – $25,000 |
| Addition of a Second Flooring | $80,000 – $120,000 |
| Industrial Match-out (if relevant) | $50,000 – $100,000+ |
Observe: These are estimated prices and should range relying on the precise scope of labor and market situations. It is essential to seek the advice of with certified professionals for correct and detailed price estimations.
Potential for Numerous Makes use of
The adaptability of the property permits for a variety of makes use of. A residential use may give attention to making a spacious and trendy house, interesting to households or people in search of snug dwelling lodging. A industrial use may leverage the property’s location for a retail house or workplace. A mixed-use strategy, combining residential and industrial components, presents a novel alternative for producing a number of income streams.
The particular use ought to align with the prevailing market tendencies and zoning laws to maximise potential returns.
