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Peachtree City: A Georgia Peach Of Planned Communities

Peachtree City, Georgia offers an abundance of new homes, say local Realtors.

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"Peachtree City, Georgia, established in 1959, is a showcase of a planned community," says Realtor Dianne Maney, "This family-oriented city has been cited by the National Association of Home Builders, Better Homes and Gardens, Ladies Home Journal, Southern Living and the Wall Street Journal. The city features three golf courses, two lakes, a 2, 200 seat amphitheater, a professional tennis center, an indoor/outdoor aquatic complex, and numerous other recreational facilities. The City's unique 90-mile network of paved recreational paths is enjoyed by pedestrians, bicycles and golf carts. The City enjoys ready access to interstates I-75 and I -85, State highways 54 and 74 which pass through the community and Atlanta's Hartsfield International Airport. Peachtree City's own Falcon Field Airport has a 5,220 foot lighted runway accommodating up to 300+ executive and pleasure aircraft.

She adds, "The City has a population of 38,000, the city government is headed by a mayor and four council members with an infrastructure of all common services except schools which are provided by Fayette County, the average rainfall of 48.60 inches per year and the average temperatures are 87 degrees in the summer and 34 degrees in the winter."

Advises Maney, "The Peachtree City Home Sales Market is good to excellent with an average sale price of $225,000 for a 2,000 - 2,500 SF, 4 bedroom, 2 1/2 bath on a .5 acre lot."

Says Realtor Ken Parker, "With the city's rapid and recent growth, the majority of Peachtree City's housing is fairly new. There is some new construction taking place and a sizeable inventory of attractive resale homes on the market, as well.

He advises, "While homes are available in virtually all price ranges, the average Peachtree City home sells for a median price of $241,900 and will typically be a newer, 3 or 4 bedroom home of about 2000 to 2500 square feet. Peachtree City's 120-plus subdivisions offer diverse housing opportunities. Rental houses and apartments are also available. The market is only slightly slower than last fall, thus favoring buyers over the winter season, but that will change quickly as spring approaches."

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Published: February 24, 2003

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

Today's Headlines 02/24/2003


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