According to local experts in the industry, the real estate market in Milledgeville has steadily improved over the past year with fewer foreclosures and an uptick in sales.
Mandy Peacock of Coldwell Banker SSK witnessed a trend forming in the past year of more buyers than sellers coming into the market.
“Real estate has definitely seen an increase in sales this year; in fact, it is difficult to keep homes in inventory,” said Peacock. “I sell in not only Baldwin County but Putnam, Jones, Bibb, Houston and Newton county and have seen this trend throughout the state. It’s not limited to Milledgeville.”
Peacock said the resale of homes is a strong market in Milledgeville, but new construction is certainly seeing a boom, as well. She highlights attractive new builds in neighborhoods like The Preserves at Meriweather and High Point that start at price points to some preexisting properties.
When looking at esthetic trends in new builds, Peacock said the farmhouse style using shiplap and reclaimed wood is still very popular. She said the trendsetter interior designers on HGTV had impacted the local market including the seasoned investors looking for that perfect flipper home.
“Open floor plans, split floor plans and the master on the main level are normal requests from my buyers,” said Peacock. “Secondary homes on the lake are always in demand as well as investor properties in the downtown area for students.
Ally Morton of Sinclair Reserve Realty agreed that current inventory is low, but the market is hot in the Milledgeville and Baldwin County area. She said inventory is turning over quite quickly with an average home on the market only 166 days before selling.
“In certain price points, we see turn over faster than the average. We are noticing homes directly on the water being snapped up quickly along with lower-priced homes,” said Morton.
Morton honed her real estate skills in Henry County — a crowded and booming suburb south of Atlanta. Since returning to Milledgeville, she said she is most excited to witness the rebirth of older neighborhoods through the remodeling of older homes.
“It’s exciting to see young couples purchase an older home in an established neighborhood like Carrington Woods and the Country Club Estates. They can get a home at a good price point and then make it their own through updating,” said Morton.
Morton has many years in the new build side of real estate from her time spent south of Atlanta. So, it was a natural fit when she became the realtor for the Sinclair Landing properties located on Newport Road near the airport. Currently, only four lots remain available in the enclave. The listings are exclusively brokered by Sinclair Reserve Realty.
The builder is Chris Evans of Chasemore Development who has 25 years in building custom homes in Atlanta and the Lake Oconee and Lake Sinclair areas.
In addition to specializing in custom builds, Morton said Evans also has a thriving remodeling and rejuvenation division. He recently recrafted many of the 1920s bungalows in the Peachtree Hills subdivision located behind the Fox Theatre in downtown Atlanta.
“Chris is very excited to be expanding into Milledgeville and Lake Sinclair. He has a talent for building and has an eye for detail,” said Morton. “His homes are refined, high quality, and well built. He develops close relationships with his clients and his company has thrived on personal referrals from previous homeowners.”
Morton describes the homes of Sinclair Landings as pure craftsmanship and in the high-end style found in Atlanta and Lake Oconee. Home plans reflect open concept living which is a must-have for many buyers with families. Large home designs featuring three and four bedrooms with an additional bonus room available. Smaller home plans are also available for those that want to downsize but do not want to compromise on style, comfort, and quality. The list prices will start in the mid-$200s and go through the mid-$300s.
“Think of these homes as your dream modern farmhouse. The open floorplan is ideal for entertaining and the rear of the house is a bonus that is perfect for summer get-togethers,” said Morton.