Everything You Need to Know About Lawrenceville, GA
Lawrenceville, Georgia, often overshadowed by its larger neighbors, emerges as a hidden gem in Gwinnett County. In this bustling city, old-world charm meets modern convenience, creating a unique blend that attracts residents from all walks of life. Join us as we delve into everything you need to know about Lawrenceville, GA. 1. Rich History and Established HomesLawrenceville proudly holds the title of the second oldest city in the metropolitan Atlanta area. The town's historical roots are reflected in its diverse array of homes, predominantly built in the '60s, '70s, and '80s. Many of these residences, especially around the downtown area, boast spacious layouts, embodying the grandeur of a bygone era. For those seeking a real estate opportunity, Lawrenceville offers what insiders call "granny specials" – homes with solid structures needing cosmetic upgrades, promising a lucrative return on investment. 2. New Construction and Housing OptionsWhile the city predominantly features older homes, Lawrenceville is not devoid of new construction projects. Currently, several sizable neighborhoods are under development, providing a mix of housing options. However, prospective buyers should be prepared for a more limited selection of newly constructed homes compared to some neighboring towns. 3. Affordability and Average Home PricesWith an average home price of $419,000, Lawrenceville stands out as an affordable alternative to nearby Buford and Suwanee. While these neighboring cities boast top-rated schools, Lawrenceville offers a larger selection of homes at a more budget-friendly price point. With 41 schools in the area, including many highly rated options, families can tailor their home search to preferred school districts. 4. Diverse Community and Cultural OfferingsLawrenceville embraces its diversity, earning the distinction of the fourth most diverse suburb in Georgia. The town's multicultural profile is reflected in its array of grocery stores, including several Korean and Asian markets. The Blue Rooster bakery and Universal Joint restaurant in the charming downtown area further contribute to Lawrenceville's cultural richness. 5. Recreational OpportunitiesDespite its suburban hustle and bustle, Lawrenceville places a premium on green spaces and recreational activities. Parks like Rhodes Jordan Park offer everything from community gardens to tennis and pickleball courts, providing ample opportunities for outdoor enjoyment. With a total of 45 parks and facilities in Gwinnett County, residents have no shortage of options for staying active and enjoying the pleasant Georgia weather. 6. Retail and Entertainment HubsLawrenceville boasts retail and entertainment hubs, such as Sugarloaf Mills, featuring a unique Bass Pro Shop and a medieval-themed dinner theater – Medieval Times. While the mall has evolved, these attractions continue to draw visitors, adding to the town's vibrant atmosphere. KeyPointIn conclusion, Lawrenceville, GA, proves to be more than meets the eye. Its rich history, diverse community, and blend of old and new make it a compelling choice for those seeking affordability without compromising on amenities. Whether you're captivated by its historical charm, diverse cultural offerings, or abundant recreational spaces, Lawrenceville stands out as a town with something for everyone in the heart of Gwinnett County. If you're considering a move to Lawrenceville or the North Metro Atlanta area, reach out to a local real estate expert to guide you through this hidden gem.
True Cost of Living in Lawrenceville, GA
Lawrenceville, Georgia, is a bustling town situated in Gwinnett County, located approximately 30 miles north of Atlanta. As of 2020, Lawrenceville was home to nearly 31,000 residents and spanned across six different zip codes, covering about 14 square miles. The town's size, combined with its population density, makes it a substantial and vibrant place to live. Lawrenceville appeals to those who want to enjoy suburban life while having easy access to the city of Atlanta. In this video, we will explore the costs associated with living in Lawrenceville. Real Estate Landscape Lawrenceville has a more developed environment compared to some of the other towns in the region. It features numerous office spaces, commercial developments, and business parks. Homes in Lawrenceville tend to have smaller lots, with many properties being less than an acre in size, and some even less than half an acre. As of November 2021, the median home price in Lawrenceville was $348,000, making it relatively affordable, especially when compared to neighboring towns like Alpharetta or Buford. Real Estate Appreciation Lawrenceville's real estate market has experienced significant growth, with the median home sales price increasing by 30% year over year. This level of appreciation is not unique to Lawrenceville but is typical of many areas in Georgia. Across the state, real estate values have appreciated in the high teens to 30% range. Renting in Lawrenceville If you're considering renting a property in Lawrenceville, you can expect to pay approximately $2,000 per month. Rental prices are subject to market conditions and may vary based on factors such as property size and location. Cost of Living To gauge the overall cost of living in Lawrenceville, we use the website BestPlaces.org, which assigns a score based on how an area's cost of living compares to the national average (with 100 being the national average). For Georgia as a whole, the cost of living is rated at 93, which is below the national average of 100. Lawrenceville, however, has a rating above the state's average, indicating that it is relatively more expensive than other places in Georgia. Housing Costs Housing affordability in Lawrenceville is given a rating of 95. This score reflects the town's reasonable housing prices, especially when considering its proximity to Atlanta. With a diverse selection of housing options, including updated older homes and modern new construction properties, there are choices to suit various budgets and preferences. Property Taxes Georgia, in general, boasts lower property taxes compared to many other states. Property taxes in Lawrenceville, as in the rest of the state, are based on the assessed value of your home, which helps keep these taxes relatively low. Homeowners' Associations (HOAs) Most homes in Lawrenceville are part of neighborhoods with homeowners' associations. HOA fees typically range from $400 to $800 per year, not per month, as in some other states. The affordability of HOA fees in Lawrenceville is noteworthy for those moving from states where they are accustomed to higher fees. Transportation A vehicle is essential in Lawrenceville since public transportation options are limited. The transportation ranking for Lawrenceville is 99, reflecting the need for personal transportation. Notably, Gwinnett County does not require yearly vehicle inspections, which can be a cost-saving factor for residents. Utilities Utilities in Lawrenceville receive a score of 101, indicating they are slightly more affordable than the national average. Despite the need to run air conditioning for a significant part of the year, utility costs remain reasonable. Shopping and Dining Lawrenceville provides a wide range of shopping and dining options. The town features big-box stores like Walmart and Target, numerous restaurants, and multiple grocery stores. The downtown area offers charming local eateries, such as The Universal Joint and Peachtree Cafe. The Sugarloaf Mills shopping complex includes a Bass Pro Shop, perfect for outdoor enthusiasts. Lifestyle and Considerations Lawrenceville offers a dynamic urban environment, making it less suitable for those seeking the small-town charm found in other towns in the region. It has become an attractive choice for those who appreciate affordability while being within easy reach of Atlanta. When moving to Georgia, it's essential to understand the local culture and policies, such as homeowners' association regulations, as well as the realities of daily life. If you are interested in making Lawrenceville your new home or exploring other towns in the region, our team is here to assist you. Feel free to reach out to us; our contact information is provided in the comments below.
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