Newnan is one of the fastest-growing cities in Georgia, with businesses cropping up and more families building their lives. As such, the city has become a hub for job opportunities, shopping, entertainment, and culture. It is no wonder why more and more people desire to call this place their next home.
Now, if you are also planning to move to this beautiful city and buy a home here, you should make sure you are investing in the right area. Newnan has many great communities, but being unfamiliar with the place will make it quite difficult for you to make sound decisions.
There is no need to fret, though—we are here to guide you. In this post, we will help you discover the best neighborhoods in Newnan GA to invest in a home. We will also give you some important tips on how to find the perfect property for your needs. So, read on!
Top Communities in Newnan, Georgia to Live In
With a lot of great residential areas in the city, you will be spoilt for choice. However, here are the best neighborhoods in Newnan that we recommend based on popularity, safety, and family-friendliness.
1. White Oak
This community tops this Newnan neighborhood guide for many reasons. White Oak is a prestigious and exclusive neighborhood, boasting some of the most expensive properties in the city with stylish designs that meet modern standards. A lot of these homes also come with all the bells and whistles for a lavish lifestyle, such as swimming pools and spacious outdoor living spaces.
There is also a nature park and several trails here, making White Oak the perfect place for nature lovers who want to relax and enjoy the scenic views with family and friends. In addition, there are a couple of golf courses that attract people from all over the city.
2. Stonebridge
Stonebridge is a charming neighborhood that combines ancient Newnan with upscale properties. It is ideal for families, as its streets are lined with cozy homes that give off a homey vibe.
This neighborhood is particularly known for its resort-style properties, featuring luxurious amenities, such as game rooms. However, you will be glad to know that these homes are reasonably priced!
Like White Oak, Stonebridge also has some amenities that make living more fun and convenient, such as a fitness facility, a park-like playground, a lighted tennis court, and a picnic area.
3. Summer Grove
This is one of the wealthiest Newnan GA neighborhoods and is known for its excellent location and incredible properties. Summer Grove has a lot to offer for residents, from wonderful amenities to top-notch schools. The homes here boast luxurious designs and modern features.
When it comes to recreational activities, you will never be bored living in Summer Grove. This community has a plethora of options for outdoor fun, such as a golf course and a clubhouse. There are also plenty of nearby trails that you can explore and enjoy with your family.
4. Country Manor
Another wealthy Newnan neighborhood, Country Manor is a top choice for people looking for comfortable and stylish homes. The real estate in this suburban community consists mainly of medium-sized and large single-family homes with three to five bedrooms. There are also mobile homes available here, providing more options for potential buyers.
As most homes here are owner-occupied, you will have a wonderful opportunity to build lasting relationships with your neighbors. Well, one thing that you would want in a place to live in is a great sense of community, and Country Manor has that!
5. Arbor Springs
When it comes to family-friendly neighborhoods in Newnan GA, Arbor Springs is one of the best. Many families move to this suburban tight-knit community due to its low crime rate and excellent public schools. As a resident, you will be able to socialize with your neighbors and build a strong sense of belonging.
Also, the homes in Arbor Springs are reasonably priced and nice. You can easily find luxurious properties here at below the $1 million price point.
6. Emerald Hills
With a low crime rate, excellent schools, and an abundance of single-family homes, Emerald Hills is another great place to call home. This neighborhood is where you can live with your family in a more peaceful atmosphere. The homes are also quite luxurious and unique. From rustic homes to the more modern ones, you will surely find a property that meets your needs.
And, like other neighborhoods on this list, Emerald Hills also has several nature spots where you can go for some outdoor activities, like picnics or simply enjoying the stunning scenery.
So, there you have it—the best neighborhoods in Newnan GA. If you need more information about these communities that you can use in buying your next home, you can visit this page: https://mybrokerage.com/newnan-best-neighborhoods/.
Buying a Home in the Best Newnan GA Neighborhoods: Important Steps to Take
Now that you have an idea of the best neighborhoods in Newnan GA, it is time to start your house-hunting journey.
1. Set your budget
Before you go out searching for homes for sale in the top communities in Newnan, Georgia, you should first determine how much you can afford for the purchase. Setting an accurate budget will help narrow down your options and prevent you from overspending.
To establish your budget, you can use the 28/36 rule, which states that 28% of your pre-tax income should go towards housing expenses, while your total debt service should not exceed 36%.
You should also consider getting pre-approved for a mortgage. This will not only show home sellers that you are serious but will also provide you with a clear picture of how much you are approved to borrow. Make sure your pre-approval amount is within your budget to avoid overextending yourself financially.
What Is the Median Home Price in Newnan?
According to a forecast by Wallet Investor, the median home price of an average house in Newnan as of September 15, 2023 was $214,946. This means that you do not have to lose an arm and a leg to live in a comfortable home in this city. However, remember that home prices can change from time to time, so keep yourself updated on the latest real estate market trends.
2. Establish your home search criteria.
What type of home do you want? How many bedrooms and bathrooms do you need? Are there any features that you want to have in your next home?
It is important to have your search criteria in mind before you start shopping for a new home. This will help you focus on the properties that meet your needs and make it easier to find the best place to live in Newnan.
3. Seek the help of a real estate agent.
The best thing about working with a real estate agent is that they know the Newnan residential areas like the back of their hands. This means that you do not have to waste time searching for the perfect property on your own.
For your agent to work their magic, all you have to do is share information about your price range and your preferences in a home. Then, they will do all the legwork and provide you with listings that match what you are looking for. These professionals can even help you find more homes for sale outside the city if you are open to exploring other options.
Apart from doing the search for you, your agent will also be able to help you with the negotiations and paperwork. This will make the home-buying process easier and more efficient.
4. Inspect potential properties.
Make sure to personally inspect the homes that you are interested in buying. This will help ensure that your chosen property does not have any major issues and is worth investing in.
When doing a walk-through of a property, pay close attention to the foundation, the condition of electrical wiring, plumbing system, and other utilities. You should also check for any signs of water damage or structural defects, like cracks in walls and leaks.
If you spot any issues, remember to take them into account when making your offer.
5. Make an offer and close the deal.
Once you have found the perfect home in one of Newnan’s best neighborhoods, you can proceed to make an offer. After both parties agree on the terms and conditions of the deal, all that is left is for you to sign on the dotted line and close the sale.
Are You Ready to Become One of the Happy Residents in Newnan?
By knowing the best neighborhoods in Newnan GA and the important steps to take when buying a property, you can quickly narrow down your options as you begin your search for your dream home in this beautiful city. So, what are you waiting for? Start your journey toward becoming a proud homeowner today!
If you need more tips and information that you can use in buying a home, please check out our other articles!
