Cumming Real Estate
The residential real estate market in Cumming experienced a surge of new growth during the 1990’s that was stimulated by the expansion of U.S. Route 19 (Georgia Route 400). After thousands of working people began leaving Atlanta to find more rustic homes in Forsyth County, land that was once nothing but thick forests interspersed with a few farms has become characterized by beautifully landscaped vistas containing large residential housing developments and subdivisions with single family detached homes, condominiums and townhouses. Cumming contains an attractive blend of home styles that are fairly evenly distributed throughout the price range of $150,000 to a million dollars.
Cumming is one of the top 10 fastest growing cities in America
According to the U.S. Census, the median house/condominium value in Cumming was $150,500 in 2000. By 2007, the median house/condominium value was estimated to have risen to $240,600 while the Georgia state average was $164,500. Property values in Cumming appreciated by a factor of 60% over that 7 year period while the influx of population and new businesses caused Cumming to become one of the top 10 fastest growing cities in America. Downtown Cumming contains a thriving shopping district, the City of Cumming’s public school system has a reputation for excellence, and there always seems to be something of interest happening around town.
New concepts in luxurious residential living are available in Cumming
Because so much residential development in Cumming occurred between 1980 and 2005, many of the available homes are relatively new and well constructed. One popular development theme is golf oriented communities like the Polo Golf & Country Club where residents of 1,060 Traditional and European-style executive homes have preferred access to a private 18-hole golf course designed by Joe Lee, a competition-size swimming pool, a 25-meter Junior Olympic swimming pool, a slide pool with an 85-foot slide, splash and wading pools, 10 lighted tennis courts, and more than 100 acres of natural green space with miles of paths for biking, jogging and walking, a recreation area with picnic groves, arbor swings, a birdhouse and a butterfly sanctuary.
Vickery Village Center represents another advanced concept in residential development that incorporates commercial development into one self-contained community in which people live, work, play and socialize with each other. Based on a small town concept with a clock tower building and a common green lawn area at the center of commercial activity, stores include a blend of retail shops, restaurants, banks and offices. Vickery Village Center is also home to the 50,000 sq. ft. Forsyth County YMCA, the Medallion Performing Arts Center, and a vast community of home sub-developments with townhomes starting at around $370,000 and moving up in price to custom built homes for $1.5 million.
The popularity of new homes in Cumming is directly related to the excellent value received when compared to the price paid, Cumming’s close proximity to Atlanta, Lake Lanier and the Blue Ridge Mountains, and the perceived value of rural life in a friendly, gracious and genteel Southern community. Whatever homebuyers are looking for can be found in Cumming with the assistance of a knowledgeable local real estate agent who knows the regional market and is able to negotiate the best possible financing.