Introduction to Centennial Lakes, Acworth, Georgia

Welcome to Centennial Lakes, a vibrant community nestled in the heart of Acworth, Georgia. This neighborhood is a gem for those looking for a blend of modern living and serene landscapes. Acworth, often referred to as the "Lake City," offers residents the charm of a small town with the convenience of being just a short drive from Atlanta's bustling city life.

Centennial Lakes, particularly renowned for its family-friendly atmosphere, is more than just a place to live; it's a community where neighbors become friends. Whether you're taking a leisurely stroll around the neighborhood, enjoying a picnic by the lake, or participating in one of the many community events, there's always something to do and people to meet in Centennial Lakes.

Real Estate Market Overview

Current Market Trends

The real estate market in Centennial Lakes has been buzzing with activity. Over the past year, we've seen homes selling at a brisk pace, with average homes taking about 40 days to go pending. This somewhat competitive market means that some homes even receive multiple offers, sometimes selling for around their listing price.

Home Prices and Sales Data

When it comes to home prices, there's a range to suit various budgets and preferences. Recently, homes in Centennial Lakes have sold for prices ranging from the mid $300,000s to the upper $400,000s. For example, a home at 341 Franklin Ln sold for $342,500, featuring 3 bedrooms and 2.5 baths, sprawled over 2,052 sq ft. On the higher end, a residence at 813 Gold Ct fetched a selling price of $455,000, offering 5 bedrooms and 4 baths across 2,944 sq ft.

Property Types and Sizes

The homes in Centennial Lakes are a beautiful mix of single-family homes and townhouses. These properties range in size, offering something for everyone – from cozy 1,310 sq ft townhomes to spacious single-family homes stretching up to 5,897 sq ft. This variety caters not just to different family sizes but also to various lifestyle needs and preferences.

Tax and Investment Information

For those interested in the financial aspects, the average annual property tax in Centennial Lakes is about $3,075. This figure is an important consideration for both homeowners and investors, contributing to the overall affordability of living in this area. With the market showing steady growth, investing in a property here could be a wise decision for those looking to buy a home that may appreciate in value over time.

Centennial Lakes in Acworth, GA, is more than just a collection of homes; it's a community that promises a quality of life that's hard to match. From its serene landscapes to its friendly neighborhood vibe, it's a place that many are proud to call home.

Types of Homes Available

Variety and Style in Centennial Lakes Homes

In Centennial Lakes, Acworth, Georgia, the homes are a perfect mix of style and substance. Constructed between 2007 and 2022, these residences showcase modern architectural designs with a touch of classic charm. You'll find a broad spectrum of homes, from cozy single-family homes to more spacious townhouses.

Most single-family homes offer a comfortable living space, ranging from about 2,000 to over 5,000 square feet. These homes typically feature three to five bedrooms, making them ideal for families of various sizes. The townhouses, slightly more compact, range from approximately 1,310 to 2,000 square feet, perfect for those seeking a more manageable space.

Construction and Design Features

The architectural styles in Centennial Lakes lean towards contemporary designs with traditional elements. Expect to find homes with open floor plans, modern kitchens with stainless steel appliances, and master suites with luxurious bathrooms. Many houses also feature upgrades like hardwood floors, granite countertops, and energy-efficient fixtures.

Community Amenities and Lifestyle

Living the Centennial Lakes Lifestyle

Centennial Lakes isn't just about the homes; it's about the lifestyle. This community is packed with amenities that cater to all ages and interests. Here, you can enjoy a country club atmosphere without leaving your neighborhood.

Amenities for Everyone

The community boasts a range of amenities, including a clubhouse, a fitness center, tennis courts, and a swimming pool. For those who love the outdoors, there are several parks, playgrounds, and green spaces, perfect for picnics, walks, and outdoor activities. The neighborhood also includes a dog park, making it a great place for pet owners.

A Social and Active Community

Centennial Lakes encourages a socially active and connected community. There are various clubs and groups you can join, ranging from book clubs to sports teams. Community events, like neighborhood barbecues and holiday celebrations, are common, offering a great way to meet neighbors and make lasting friendships.

In Centennial Lakes, you're not just buying a home; you're becoming a part of a vibrant community. Whether you're a fitness enthusiast, a nature lover, or someone who enjoys social gatherings, this neighborhood has something special for you.

Local Schools and Education

Top-Notch Schools in the Centennial Lakes Area

When it comes to education, Centennial Lakes is served by some of the best schools in the Cherokee County School District. This area is known for its strong commitment to academic excellence and provides a variety of educational options to cater to the diverse needs of its community.

Elementary Schools

Younger children in Centennial Lakes have access to several elementary schools, including Bascomb Elementary, Clark Creek Elementary, and Oak Grove Elementary Fine Arts Academy. These schools, serving grades PK-5, are recognized for their strong foundational programs in core subjects and a focus on arts and technology.

Middle and High Schools

For the older kids, E.T. Booth Middle School and Woodstock Middle School are the go-to options for grades 6-8. These schools provide a nurturing environment for young adolescents, offering a wide range of academic and extracurricular programs. High school students typically attend Etowah High School, known for its robust academic programs, sports teams, and vibrant student life.

Educational Opportunities

The schools in and around Centennial Lakes place a strong emphasis on creating well-rounded educational experiences. From advanced placement courses to arts and athletic programs, these schools strive to cater to the diverse interests and talents of their students.

Architectural Styles and Home Designs

Exploring the Architectural Diversity in Centennial Lakes

Centennial Lakes offers a rich tapestry of architectural styles that reflect both modern trends and traditional influences. This diversity adds to the unique character of the neighborhood, making it an attractive place for a wide range of homebuyers.

Contemporary Meets Traditional

The homes in Centennial Lakes primarily feature contemporary designs with a touch of traditional elegance. You'll find residences with modern facades, clean lines, and open layouts that cater to today's lifestyle needs. Many homes boast large windows for natural light, spacious living areas, and kitchens equipped with the latest appliances.

Customization and Upgrades

One of the appealing aspects of homes in Centennial Lakes is the level of customization and upgrades available. Many properties come with upgraded features like hardwood floors, granite countertops, and custom cabinetry. Additionally, energy-efficient appliances and smart home technology are becoming increasingly common, offering homeowners both comfort and cost savings.

Property Sizes and Amenities

The homes in Centennial Lakes vary in size, with options ranging from cozy 1,300 square foot townhouses to expansive 5,000+ square foot family homes. These properties often come with additional amenities like landscaped gardens, private backyards, and community features such as playgrounds, walking trails, and recreational areas.

In Centennial Lakes, the blend of architectural styles and the range of home designs ensure that there's something to suit every taste and lifestyle. Whether you're looking for a modern, energy-efficient home or a spacious property with traditional charm, this community has it all.

Market Competitiveness and Investment Potential

Analyzing the Competitive Real Estate Market in Centennial Lakes

Centennial Lakes is a somewhat competitive real estate market, with homes typically selling in about 40 days. Some properties receive multiple offers, and hot homes can go pending in as little as 13 days. This brisk pace indicates a healthy demand for homes in the area, making it an attractive market for both buyers and sellers.

Investment Opportunities

The real estate market in Centennial Lakes shows promising potential for investors. The average homes in the area sell for about 1% below the list price, while hot properties can sell for around or even above the asking price. With a steady increase in the sale-to-list price ratio, investing in Centennial Lakes could be a smart move for those looking to capitalize on the thriving housing market.

Home Value Trends

The sale-to-list price ratio in Centennial Lakes recently stood at 100.2%, a 1.8 point increase year-over-year. This upward trend is a positive sign for homeowners and investors, indicating a growing market where homes maintain or increase their value over time.

Recent Home Sales and Market Activity

Insights into Centennial Lakes’ Recent Home Sales

The recent sales in Centennial Lakes provide a glimpse into the area's active real estate market. For instance, a 3-bedroom, 2.5-bath home at 341 Franklin Ln sold for $342,500 after being on the market for 82 days. Another property, a 5-bedroom, 4-bath home at 813 Gold Ct, sold for $455,000, just 2% under the list price, after 47 days on the market.

Market Activity

The diversity in home styles and sizes in Centennial Lakes means there’s something for every buyer. Recent sales include homes ranging from 1,906 to 2,944 square feet, with prices varying from the mid $300,000s to the high $400,000s. These sales reflect the range of options available in the community, from more affordable, cozy homes to larger, more luxurious properties.

Days on Market

Homes in Centennial Lakes are selling at a steady pace, with the average number of days on the market around 40 to 80 days, depending on the property. This relatively quick turnover rate is a testament to the area's desirability and the efficiency of the real estate market in meeting buyer and seller needs.

In Centennial Lakes, the combination of a somewhat competitive market, diverse housing options, and a range of prices make it a dynamic area for real estate activity. Whether you’re a first-time homebuyer, a growing family, or an investor, the recent market trends and sales data paint a picture of a community that’s not just thriving, but also welcoming to all.

Environmental and Climate Considerations

Understanding the Impact of Climate on Centennial Lakes Homes

Living in Centennial Lakes means being aware of the local climate and environmental risks, as they can impact your home and lifestyle. For instance, the area has a moderate risk of flooding, with about 16% of properties at risk of severe flooding over the next 30 years. This is a crucial factor for homeowners to consider, especially when it comes to insurance and property maintenance.

Wildfire and Wind Risks

In addition to flooding, there's also a moderate risk of wildfires affecting properties in Centennial Lakes. A significant 98% of properties are at some risk of wildfire over the next three decades. Wind risk is another factor to be mindful of, with 100% of properties at a moderate risk of severe wind events, including hurricanes, over the same period.

Mitigating Environmental Risks

Understanding these risks is key to making informed decisions about home-buying and maintenance in Centennial Lakes. Prospective homeowners should consider measures like flood defenses, fire-resistant materials, and wind-resistant construction to protect their properties.

Future Outlook for Centennial Lakes Real Estate

Predicting Trends and Potential in Centennial Lakes

The future of real estate in Centennial Lakes looks promising, with trends indicating a growing and dynamic market. The area's mix of comfortable, family-friendly living, combined with the range of amenities and strong community vibe, continues to attract a diverse range of residents.

A Community Poised for Growth

With its competitive market, a variety of home styles, and excellent educational opportunities, Centennial Lakes is well-positioned for continued growth and desirability. As the area continues to develop, we can expect to see ongoing interest from both buyers and investors.

Summary

Centennial Lakes in Acworth, Georgia, is more than just a place to find a house—it's a community where you can truly feel at home. From its varied architectural styles and home sizes to the community-centric lifestyle and excellent schools, Centennial Lakes offers a unique blend of modern living and neighborly charm. While environmental factors like flooding and wind risk are considerations for residents, the community's proactive approach and strong market trends make it a smart choice for anyone looking to buy or invest in real estate. As we look to the future, Centennial Lakes stands out as a vibrant, growing community that promises to be a desirable destination for years to come.

Centennial Lakes, Acworth GA Homes for Sale