Dunwoody is a northern suburb of Atlanta, and one of the city’s most desirable neighborhoods – sought after as an urban center for dining and shopping. The 13.2 square mile parcel is close to downtown, but maintains a small town neighborhood feel.
The city of Dunwoody didn’t exist until 2008, when the area was officially incorporated after a community-led movement. But even before the community was officially recognized as a city, residents of the area have long identified themselves as living in Dunwoody – not Atlanta. The area has always had a distinctive history separate from the rest of DeKalb County.
Dunwoody’s story goes back hundreds of years, and the area has always been known for thriving commerce. The area was first inhabited by the Cherokee Indian tribe of the Creek Confederation. Because of its proximity to the Chattahoochee River, the Dunwoody area was the largest and busiest trading center in the vicinity. By 1820, Cherokee farms had popped up along the river, and white settlers began to arrive and create homesteads.
Dunwoody is named after Charles Archibald Dunwoody (1828-1905), who was the son of John Dunwoody, one of the founders of the Roswell Manufacturing Company mills in nearby Roswell, Georgia. By 1853, the area had two cotton mills and employed about 300 people – making it the largest cotton factory complex in North Georgia. In order to transport mill products to Atlanta during the Civil War, a railroad was built between Atlanta and Roswell. This was the first line of transportation that linked the Dunwoody area to the city of Atlanta. Though much of the railroad was destroyed in the war, Charles Dunwoody chose to build a new home in the area after the fighting ended.
A new railroad – the Roswell Railroad – was constructed after the war, designed to run between Roswell and Chamblee with a stop in Dunwoody. This line would carry produce from Dunwoody and fabric from the mills in Roswell into Atlanta, and Dunwoody soon developed as a crossroads community. The area continued to grow long after the railroad was shut down in 1921.
Dunwoody is the home to several historic sites, including the city’s oldest building, the Ebenezer Primitive Baptist Church, which was built in 1829. The church is home to a cemetery where several of the founding fathers of Dunwoody are buried. Other landmarks include the Cheek-Spruill Farmhouse (1906), Swancy Farmhouse (1889) and Railroad Section Gang House (1880).
Today, the area is known for good restaurants and upscale shopping opportunities. Perimeter Mall, located in the heart of Dunwoody, boasts some of the best shopping in the Atlanta area. Dunwoody is also home to some of the area’s best school districts and draws lots of growing families. Conveniently located at the intersection of GA 400 and I-285, it allows residents to be close to the action, but still enjoy a quieter way of life. It’s an ideal central location when one spouse works up GA400 and the other commutes to midtown or downtown Atlanta.
With a high livability score, Dunwoody offers lots of local amenities and a true neighborhood feel, good schools and high graduation rates, and a stable housing market. The city has a population of about 48,000 residents and is known for its cultural diversity, a strong and connected community, and mix of singles and families.
The area continues to be a hub for commerce, with several corporations making their home there, including State Farm’s new regional headquarters, UPS, Cox Communications, InterContinental Hotels Group, Porsche Cars North America and Peachford Hospital.
Dunwoody continues to be popular with young families looking to upgrade to a larger home, empty nesters who may want to downsize, young professionals who love the easy access to Buckhead and the live/work/play lifestyle, and anyone looking to escape the chaos of the city in exchange for a better quality of life – without giving up proximity to all Atlanta has to offer.
At Karen Cannon, Realtors, we are local real estate experts for Dunwoody, Sandy Springs and North Atlanta. We live, work and play here, and our agents are hand-picked for their connections in the community. Our clients know about homes coming on the market before anyone else. And our highly effective marketing program allows us to shorten the number of days on the market. We’ve even put homes under contract sight unseen!
If you are thinking about selling your home, or are interested in moving into Dunwoody, Sandy Springs or the surrounding areas, call us at 770-352-9658.
Home safety is an important topic for buyers, sellers and Realtors. Since January is National Radon Action Month, we would like to help you eliminate radon out of your home so that you and your family can have safer, healthier air to breathe. It’s important to us that all current and future homeowners know the dangers of radon as well as the preventative measures to take.
Educate Yourself and Others
Radon is the leading cause of lung cancer deaths among nonsmokers in America and claims the lives of about 21,000 Americans each year. The EPA highly recommends that all Americans test their homes, schools, and other buildings for radon. Exposure to radon can be a highly dangerous health risk. Testing the levels of radon in your home, school, or workplace can go a long way to preventing exposure. If a high radon level is detected in your home, there are measurable steps to you can take to fix the problem to protect yourself and your family. Encourage family and friends to test their homes as well.
Test Your Home
Radon cannot be tasted, smelled or seen; but it could still be present in your home. EPA and the U.S. Surgeon General recommend that all homes in the U.S. be tested for radon. Testing is easy and inexpensive. To further educate yourself on testing your home as well as how to obtain a user-friendly Radon test kit, we encourage you to visit www.Epa.gov.
Find a Radon-Resistant Home
If you are considering buying a new home, speak with your Realtor about looking for homes where the builders used radon-resistant new construction. Also, building radon-resistant new homes is an option. Using the necessary techniques to prevent radon from entering a home is practical and straightforward for any builder. It’s a highly effective and inexpensive way to offer families a benefit that could reduce their risk of lung cancer. One of the best things you can do to prevent you and your families’ exposure is to get radon gas out of our homes right away. It would be considered an environmentally responsible plan of action that will help reduce the chances of lung cancer. Making sure your home is as green as possible is the best way to combat radon. Especially, since it enters the home from under the ground.
At Karen Cannon, Realtors, we are local real estate experts for Dunwoody, Sandy Springs and North Atlanta. We live, work and play here, and our agents are hand-picked for their connections in the community. Our clients know about homes coming on the market before anyone else. And our highly effective marketing program allows us to shorten the number of days on the market. We’ve even put homes under contract sight unseen!
If you are thinking about selling your home, or are interested in moving into Dunwoody, Sandy Springs or the surrounding areas, call us at 770-352-9658.
Have you started searching for a home? The home buying process is an exciting step that can also seem overwhelming at times. Finding a knowledgeable agent goes a long way and you’ve come to the right place with Karen Cannon Realtors.
However, there are some initial things you can do to better prepare for the process.
Do the Research
The average consumer today is savvier than ever before. The Internet provides a wealth of information. This can definitely be utilized by searching online to find the areas you want to live in. Narrow your search to a few neighborhoods/communities that you would find to be the most ideal for you to live in. Finding the right home and having a savvy agent help you win the deal in a competitive situation will make the home buying process a lot easier.
Have Clarity
Having a clear understanding of what you’re looking for in a home is crucial. This is the most important part of your preparation. There is a lot of time and money invested in a home purchase, so prepare accordingly. This will make your home shopping experience much more efficient and will give you a goal setting strategy for you and your Realtor to work together on. It will also help avoid a situation where you fall in love with a home that doesn’t delete your needs. Preparation before getting started will always increase your odds of having a smooth transaction.
Consider the Future
What are your long-term goals with regards to this purchase? Perhaps, you are looking for a starter home. Or maybe you are downsizing due to your newly acquired empty nester status. The bottom line is your long-term plans will help dictate your purchasing choices. One of the most common oversights in buying a home is failing to consider how it fits into your long-term plans.
Know your Financial situation
Another consideration that some homebuyers tend to underestimate is the financial responsibility of owning a home. Perhaps, the only consideration buyers will think about is their mortgage payments. If you have been renting, or even living at home, you might lose sight of the additional expenses of owning a home. HOA dues, appliances, furniture, taxes and insurance will have to be factored in. These are all important things to consider when putting together your home buying budget.
After you consider these 4 factors, make a list of pros and cons to take to your Realtor. Keep in mind that at the end of the day it comes down to doing what is best for you and your family when deciding where to live. Making sure to convey that to your Realtor upfront will pay dividends.
Contact Karen Cannon Realtors today to get the process started. We have great lenders and others to help our clients, people we consistently use and trust – we will guide you through this process to ensure that you have the best possible home buying experience.
More than 77 percent of people own a smartphone.1 The average person checks their smartphone 46 times a day, with people under the age of 24 checking it an average of 74 times a day.1 We check it while we’re waiting in line and during our leisure time, whether we’re scrolling through social media, reading emails or getting up-to-date on the latest news.
Smartphones are not only a useful tool for communication. With the following apps, you can get organized (whether you plan to buy or sell), save money, learn about the homes in your neighborhood and get inspired for your next renovation project. If you’re like 81 percent of people, you have your smartphone with you during most of your waking hours; let it help you stay organized and make your life easier.3
Apps For Homeowners: Get Renovation Inspiration
These apps not only offer ideas for your next remodel or home décor project, some of them even give you a preview of what your home may look like once it’s finished.
1.) Houzz (Free)
The Houzz app is the number one app for home design and it’s no wonder; the app gives you access to all the inspiration, blogs and design ideas from the Houzz site on your phone or tablet. The app features View in My Room 3D, which allows you to view products in your home before you buy. Just take a photo of the space and a 3D version of the product will appear. Browse products, save photos of designs you’d like to view later and connect with local professionals in your area. Whether you’re gathering ideas for your next renovation and décor project or you’re just browsing, the Houzz app will satisfy all your design needs.
Make sure the photos, shelves, mirrors and other artwork you hang are even and aligned with this helpful app. It’s an all-in-one tool kit that features a plumb bob, surface level, bubble level bar, ruler and protractor. No need to purchase these tools separately; just hold your smartphone up to the wall and the app will take care of the rest.
If you’re thinking of changing the color scheme of your home or want to find the right shades for lamp shades, rugs or throw pillows to match your vintage sofa, the Color911 app provides pre-selected color palettes to match any color scheme. Take a photo of the room or the furniture and the app will create a custom palette full of complementary colors. Write notes about your palette and organize it all into folders to share with family, friends or your design professional.
Hungry and looking for a local hotspot? Meeting friends at a coffee shop nearby? Or just need to find the closest ATM? AroundMe allows you to search for the nearest restaurants, banks, gas stations, book a hotel or find a movie schedule close to where you live. Open the app and start learning more about your neighborhood. (iOS, Android, Windows)
BrightNest (Free)
From keeping things clean to making them colorful, Brightnest, developed by Angie’s List, is loaded with suggestions on how to make your home a better place to live. With categories of customized tips (money-saving, cleaning, eco-friendly, healthy, cooking, and creative) there are plenty of great ways to pull inspiration from the app. BrightNest will help you tackle important home tasks with easy-to-follow instructions, a personal schedule and helpful reminders. (iOS, Android, Web)
Apps For Sellers: List & Sell Your Home Quickly
Are you a homeowner who is thinking of selling? If you’re preparing to sell, you know there are a lot of tasks to complete before putting your home on the market. These apps help you manage your to-dos so you can list and sell your home more efficiently with fewer distractions.
4.) Homesnap (Free)
Using the Homesnap app, you can snap a photo of any home, nationwide, to learn more about it. When you’re ready to sell, snap a few of the homes in your neighborhood to find out their valuation. This app isn’t perfect, which is why you should always consult with a local real estate agent. However, it can give you a general idea of the value of your home compared to others in the neighborhood. (iOS and Android devices)
5.) Docusign (Free)
Use the DocuSign app to complete approvals and agreements in hours—not days—from anywhere and on any device. Quickly and securely access and sign any documents. The benefit to using the app (over your desktop computer) is you will receive push notifications when a document is waiting for your signature and you can view and organize all your docs on-the-go. Using the easily downloadable app, receive and sign documents for free. You can receive and sign documents for free, but will need a paid account to send documents; pricing starts at $10 a month. (iOS, Android, Windows, Web).
Bonus App for Sellers:
Real Estate Dictionary (Free)
Not sure what all those industry specific terms mean? Search thousands of words and phrases from real estate, mortgage, and financial dictionaries for clear, in-depth definitions. This is a handy app for anyone who’s buying or selling and wants to learn more about the process. (iOS, Android)
Apps For Renters: Get Ready to Buy
Not ready to buy a home just yet? These apps will help you get into the perfect rental while you save money, build a budget and get on track for homeownership.
6.) Mint (Free)
Do you know where your money goes each month? Manage your bills, budget and credit score all in one place. Mint is a free app that helps you view your complete financial picture and track your spending. We recommend this app to anyone, but it’s especially useful for renters who need to crack down on their spending in order to save for a down payment. Use Mint to look for areas you can cut spending in order to save a little extra each month. (iOS, Android)
7.) Acorns ($1 a month to start)
Acorns is modernizing the practice of saving loose change with their automated savings tool. The app rounds up your purchases on linked credit or debit cards, then sweeps the change into a computer-managed investment portfolio. Acorns is free for four years for college students and everyone else pays $1 a month until their account balance hits $5,000, then 0.25% of their account balance per year. This is a useful tool for those who have a hard time saving. (iOS, Android)
8.) Neighborhoods & Apartments
Built for the on-the-go apartment hunter, this app from Walk Score takes the hassle out of finding your next home or apartment and helps you live near the people and places you love. They collect listings from top rental listing sites and we like them because they share how walkable each address is, determined by access to public transit, things to do, bike trails, shorter commutes, etc. (iOS, Android)
Bonus Apps for Renters:
Wally (Free)
Wally is a personal finance app that helps you compare your income to expenses, so you can understand where your money goes each month, and set and achieve goals. Wally lets you keep track of the details as you spend money: where, when, what, why, & how much. We love how simple it is to set a personalized savings target and scan receipts. (iOS, Android)
Credit Karma (Free) If you’re preparing to buy, boosting your credit score is likely a goal you’ve set. Credit Karma is a free app that allows you to safely monitor your score and receive updates on ways you can improve it over time. They provide financial calculators and educational articles to help you better understand what credit is all about. Check as often as you want, and it doesn’t hurt your score. (iOS, Android, Web)
Apps for Buyers: Find the Perfect Home
When you’re ready to buy, there are several apps that can help you stay on top of the process. Whether you’re browsing online at different neighborhoods and homes and can’t seem to remember where all your saved data and information went or you want to save an important task or a neighborhood or listing clipped from the Web, these apps help you keep it all straight.
9.) Dwellr (Free)
Dwellr is run by the U.S Census Bureau and provides demographic information about the neighborhoods you are considering moving to. You get a variety of education/school, real estate, transportation, and population statistics to give you an idea of what it would be like living there. If you want to get the feel of a potential neighborhood, then Dwellr may just be the app to help you find the best home. (iOS, Android)
10.) Evernote (Free for the Basic version, $34.99 per year for Plus and $69.99 per year for Premium)
Collect ideas, notes and images in one place to access later on your computer, tablet or smartphone. Categorize your notes so you can find them quickly and easily and share them with others in a group notebook. Add the Web Clipper feature to your browser and clip and save articles, blogs and images from the Web. Whether you’re collecting research on a business idea or you’re looking for inspiration for a home renovation, Evernote can help you keep it all together. (Web, iOS, Android)
11.) Mortgage Calculator (Free)
There are a lot of free mortgage calculators available for download that will help you quickly determine what your monthly payment will be while you’re house hunting. We recommend picking your favorite and using it to help you shop in your price range. These numbers should be used as a guide, work with your agent and mortgage professional to learn exactly what type of loan you’ll qualify for. (Web, iOS, Android)
Bonus App for Buyers:
Google Maps (Free)
Google Maps is a must-have for anyone who’s house hunting. When you’re ready to visit a property or check out a neighborhood, you can use Google Maps to give you turn by turn directions to the house. You can use their satellite view to get a good idea how far important things like schools, parks, shopping, bus stops, and restaurants are to a home you are interested in and check out the other houses on the street. (Web, Android, iOS,)
Ready to move beyond the app?
If you’re thinking of buying or selling your home, or know someone who is, keep us in mind because we’re happy to help!
At Karen Cannon, Realtors, we are local real estate experts for Dunwoody, Sandy Springs and North Atlanta. We live, work and play here, and our agents are hand-picked for their connections in the community. Our clients know about homes coming on the market before anyone else. And our highly effective marketing program allows us to shorten the number of days on the market. We’ve even put homes under contract sight unseen!
If you are thinking about selling your home, or are interested in moving into Dunwoody, Sandy Springs or the surrounding areas, call us at 770-352-9658.
Wealth is within reach for many people; however, according to a recent study 63 percent of Americans said it’s not likely they’ll become rich.1 Don’t just dream of being wealthy; start taking the steps to make it a reality. There is no secret to becoming rich–it takes time, sacrifice and good financial sense. Here are a few ways to build your household’s wealth.
Let Compound Interest Work for You
Compound interest is your interest earning interest. While the concept may work against you when you take out a loan to buy a car or use your credit card, it works in your favor when you’re saving money. For example, if your savings is growing at a rate of four percent, your investment will double in eight years and quadruple in 16 years. Your money will grow exponentially the longer you save: the more money you’ve saved, the more your money will grow.
Tap into Your Home Appreciation
Experts expect home prices to appreciate 3.24 percent and grow by 21.4 percent cumulatively.2 If a homeowner purchases a home this year for $250,000, they could earn more than $40,000 in equity over the next five years. Although the home value of the average American family’s home is $165,000, home values vary by market.3 If you’re curious about the value of your home, give us a call!
Build Equity in Your Home
One of the most compelling reasons to own a home is it allows you to build wealth over time. Saving for a down payment, especially if you plan to put down more than 20 percent, helps you adopt good financial habits. The more you put down when you buy, the higher your share of equity when you close. Although for the first five to seven years, the majority of your payment will go toward interest, over time more money will be applied to the principal. There are many tools online that calculate your current and future equity in your home, including this one here.
Build equity sooner by choosing a shorter amortization term. While your payment may be higher, you’ll likely qualify for a lower interest rate and will pay less interest over the life of the loan.
Pay Down Your Mortgage…or Not
Many homeowners grapple with whether or not to pay down their mortgage. On one hand, if you pay it down, or pay it off early, you’ll save money on interest, which you can use to make other investments. On the other hand, if your goal is to be debt free, it’s better to pay off your higher-interest debt, such as credit card debt, first before paying down your mortgage debt. Additionally, if you’re saving for retirement, putting extra cash toward your retirement accounts will help you build a nice nest egg to enjoy later on. Your financial advisor can help you decide if paying off or paying down your mortgage is right for your goals.
Purchase Investment Property
Investment properties provide passive income to your growing financial portfolio. More than 25 percent of Americans say real estate is the best way to invest money you may not need for the next 10 years.4 While many people flip houses to make money—that is, they buy a home at a low price, fix it up and sell it quickly—others purchase multifamily properties to create monthly cash flow to save or to reinvest in other properties.
The longer you own a property, the better investment it becomes as you’ll continue to build equity. While rental costs rise with inflation, your mortgage will remain the same. The best part? Once you pay off the mortgage, your cash flow will increase.
There are tax benefits to owning investment property as well. You may be able to claim deductions for depreciation, as long as it fits within the guidelines; repairs, travel expenses, interest and more. If you’re thinking of purchasing investment property, talk to your tax professional to get the details.
At Karen Cannon, Realtors, we are local real estate experts for Dunwoody, Sandy Springs and North Atlanta. We live, work and play here, and our agents are hand-picked for their connections in the community. Our clients know about homes coming on the market before anyone else. And our highly effective marketing program allows us to shorten the number of days on the market. We’ve even put homes under contract sight unseen!
If you are thinking about selling your home, or are interested in moving into Dunwoody, Sandy Springs or the surrounding areas, call us at 770-352-9658.
Sources:
BankRate.com
Pulsenomics, Home Price Expectation Survey Q4 2016
