Central Mississippi Real Estate and Community News

May 3, 2022

Parks in Madison MS

Hey guys!  Todays Blog is a look at the 2 best parks in Madison MS.  Read below, or check out the video to see which Madison MS park is better...Liberty Park or Strawberry Patch Park.  

 

So first, let’s look at Liberty Park.  Liberty Park is located on the east side of Madison off Madison Ave.  Liberty Park has a nice playground, sand volleyball courts, 8 baseball/softball fields, soccer fields, restrooms, and a walking trail.  Liberty Park is definitely the larger of the 2 parks.  Today, while I was filming, a few kids asked me if I was doing a YouTube video…they promised to subscribe to my channel, which I thought was hilarious and were very eager to be in my video.   There’s always plenty of kids any time of day at the park!  But there are a few rules!  One of which to note is that dogs aren’t allowed. :(  Liberty Park is located next to Rosa Parks school, which is the Madison public school where all the 9th graders go!  9th Graders have their own campus to give them a transitional period from the Middle School to High School…I think this is a pretty unique situation…I remember those days of going into high school and it was so hard! As I’ve mentioned in my other videos, Madison public schools consistently get A ratings year after year, which is one of the reasons it’s the most desirable city in MS.  Be sure to check out NICHE.com or any other website to do your own research! Anyways, bordering the park to the North is the Hoy Rd/Highway 463 Corridor.  This is what I consider the center of Madison.  There’s a Chic fil -a, Walmart, Lowe’s, Academy Sports, and lots of other shopping and dining options

 

 

And our other contestant today is Strawberry Patch Park Madison MS.  Strawberry Patch park is located at the corner of St. Augustine and Old Canton Rd directly across the street from Madison Ridgeland Academy. Strawberry Patch Park features a one acre lake, lighted walking trails, restrooms, picnic tables, and a great playground for the kiddos!  There’s even a little free library here.  Personally, I think Strawberry Patch Park is the prettier of the 2 because of the lake and fountain…only problem is that attracts geese, and you know what geese like to do?   So, you must watch where you step!  And a friendly reminder…as noted by the lake…do NOT feed the Geese!  This should be obvious but seems like I always see someone there doing just that!  I know it’s tempting and cute, but they really are a nuisance!  There are some other rules posted at this park.  One of which is that is closes at 10pm every night.  The trail is lit, and I do see a good bit of people walking after dark…gotta get that exercise in when you can!

 

So, which park is better?  Who better to ask than my 8 year old…no hesitation, she thinks Liberty Park is better because it's bigger and there are more things to play on!  So there you have it!

Liberty Park Madison MS

 

 

 Strawberry Patch Park Madison MS

 

If you’re thinking of moving to Mississippi, be sure and check out our website www.taylorgroupms.com, it has all MLS listings in Central MS and is updated every 10 minutes.  Whether you're buying or selling, our team is here to help every step of the way.  Contact us today to get started.

 

Taylor Realty Group

601-613-9100

Posted in Community News
May 1, 2022

Northbay Madison MS

Are you looking for a quiet gated community located in Madison, MS with lots of amenities, sidewalks, trails and acres of mature landscaping and trees?  If so, keep reading, or better yet, check out my YouTube Video for my neighborhood tour of Northbay.

 

 

So first, let’s talk about the location…Northbay is located East of Interstate 55 off Hoy Road. Just inside the city limits of Madison. It’s about a 20 minute drive to downtown Jackson and about a 5 minute drive to the city center of Madison, making it convenient to shopping and restaurants.  And for those of you who like to know how far the nearest grocery store is…It’s Approx. 2  miles to the Kroger on Hwy 51. Some of the 500 homes in the Northbay neighborhood are located on the 33,000 acre Ross Barnett Reservoir with direct boat access to the channel which leads to the big water.  There is a private marina in Northbay if boating appeals to you.  You can keep your boat here and enjoy fishing and skiing most months of the year.  Other amenities in Northbay include miles of walking trails on the old golf course, tennis courts, and a pool.

 

During the early 1990’s Northbay was developed as an exciting new golf community in Madison.  After several years however, the golf course closed.  You can still see a good bit of the old course which today is used for green space and walking trails.  It’s still a beautiful, vibrant community nestled amongst mature trees and landscaping.  Northbay is a great reminder of what makes Madison so special.  And, in case this is one of the first Madison neighborhood blogs of mine that you’re watching, be sure to check out the Video I did about why Madison is consistently rated as one of the top cities to live in!  In that video I go into detail describing why Madison gets an A+ rating on NICHE.com for our schools, safety, and all the things that make a city a great place to live.

 

So, let’s get to the good stuff…what’s a home in Northbay cost?  Well, During the last 2 years, there were 63 homes sold, ranging in price from the mid $200’s all the way up to around $500k.  But the average sold price during this time period was $298k.  Homes in Northbay are mostly 4 bedrooms, and average around 2800 sq feet in size. Many of the homes are on quarter to half acre lots with mature landscaping!  There’s even a yard of the month club for all you folks with that green thumb!  Northbay HOA fees are currently $660 annually.  And one other thing to note…Northbay is located on PRV leasehold land.  This is an annual fee paid to Pearl River Valley authority to maintain the reservoir and is assessed to most of the homes along the reservoir to maintain our beautiful recreational water source.  These fees vary, but as of today the average leasehold fee in Northbay is around $900 per year.  Now, if you’re not familiar with the Reservoir, be sure to check out the video I did on Lost Rabbit!  There’s some great info and drone footage of the Rez.  

 

Next let’s talk about schools.  Northbay is located in the Madison Avenue Elementary school zone  (which is only about 2 miles away) and Madison Middle and Madison Central High School.  It’s also less than a 2 mile drive to Madison Ridgeland Academy.

 

Think you want to live in Northbay?  Check out ALL the ACTIVE NORTHBAY LISTINGS here.

 

Northbay Madison MS

 

 

If you’re thinking of moving to Mississippi, be sure and check out our website www.taylorgroupms.com, it has all MLS listings in Central MS and is updated every 10 minutes.  Whether you're buying or selling, our team is here to help every step of the way.  Contact us today to get started.

 

For more details on homes for sale in Northbay, check out this Link to Northbay Homes

 

Taylor Realty Group

601-613-9100

 

Posted in Neighborhood Tours
April 20, 2022

Annandale Madison MS

 

Hi Folks, if you love golf, or even the idea of living on a beautiful golf course, hang around for a few minutes for this neighborhood tour of Annandale in Madison, MS and Check out this You Tube Video!

 Annandale is located just west of the Madison Exit of Interstate 55, a quick 20 minute drive to downtown Jackson.

 Driving into Annandale is such a site for sore eyes!  The green scenery connects you with nature.  There are houses for all types of buyers, from homes with three or four bedrooms to larger homes with 6 bedrooms.  Most homes in Annadale were built in the mid 1990’s, but there are a few scattered about built in the last 10 years. During the last 2 years there were 58 homes sold in Annandale for an average price of $298k.  Homes in Annadale range in price from the mid $200’s up to mid $400’s and average around 2,600 sq feet.  There is a little expansive clay in Annandale, so make sure you’re working with an experienced agent that is familiar with the area and can explain expansive clay to you!

 Here’s a neat little history of Annandale: The name Annandale was brought to Mississippi in 1820 by the John T Johnstone of North Carolina, who was the great nephew of the Earl of Annandale in Scotland.  John Johnstone bought 2500 acres near the Mannsdale Community. A large log cabin was built in 1840, which was their first home, known as Annandale, in honor of the Johnstone's ancestral Scottish lands. In 1859 John and Margaret Johhnson built a 40 room 3 story Italian Renaissance house where they lived with their descendants until the home burned in 1924.  The community began from there and grew into what is known as the Annandale neighborhood today in Madison MS.

 

The amenities in Annandale include a pool, tennis courts.

But, of course, Annandale is most famous for the historic Annandale Golf Club Madison MS.

The Golf course, which is the heart and soul of the Annandale, is ranked as the #1 private club in Mississippi, A masterful creation by the legendary Jack Nicklaus. It’s a golfing oasis with 300 acres of ultimate golfing experience. Annandale hosted the 1986 US Mid-Amateur championship and several Mississippi state golf association events. Annandale has also been ranked by Golf Digest as one of the top 100.

The Annandale Golf course has 18 holes with a Par of 72. A score you all golfers would want to aim for! 


So what do you think about Annandale? Here's a link to Active Annandales Listings

 

Annandale Golf Course:

 

If you’re thinking of moving to Mississippi, be sure and check out our website www.taylorgroupms.com, it has all MLS listings in Central MS and is updated every 10 minutes.  Whether you're buying or selling, our team is here to help every step of the way.  Contact us today to get started.

 

Taylor Realty Group

601-613-9100

Posted in Neighborhood Tours
April 6, 2022

How Much House Can I Afford

   So, you want to know just how much house you can afford?  Whether this is your first home purchase or your 5th, many people want to know just how much house they can afford.  Well, that depends! If you are planning to borrow funds from a bank, you need to think like a bank.  After all, it's the bank that will really own your home, and of course the bank wants to protect THEIR investment.  Most banks will look at your Debt to Income ratio to calculate how much house you can afford.  This DTI ratio is a simple calculation.  It compares your TOTAL monthly debts (mortgage payment, car payment, etc) to your monthly gross income.  And generally speaking, most banks say your monthly debt expenses should be less than 36% of your monthly income.  So, let's say your gross income is $5,000 each month and you are currently renting.  Your lease is up for renewal in 2 months, and you are thinking about purchasing your first home.  You have a monthly car payment of $600 and no other debts (yay for no credit card debt)!  So, your monthly mortgage payment (this includes taxes and insurance) can't exceed $1,585 each month.  You are currently renting for $1,300 each month, so you might as well go buy a home, right?  Well....maybe!  There are still some other things to consider...like a down payment!  Most types of loans require 3.5% to 5% down payment.  Reach out to a local lender and see what option is best for you!   And if you do have some smaller debts, like small loans or credit cards, consider paying them off first before you reach out to a lender.  Paying them off can lower your DTI and help you qualify for a larger loan.  Oh, and did I mention credit score?  Well, of course, credit score matters!  So, be sure to always pay on time!  Never make a payment late on any line of credit!

  So, back to our scenario above of the mortgage payment for $1,585.  Remember, that includes your property taxes and home insurance, which most lenders will collect with your principal and interest.  Let's assume you are looking for a home for sale in Madison, MS.  The average home price in Madison is $385,000.  Think you can afford it?  Let's dive a little deeper in that.  Using a simple loan calculator, plug in $385,000 on a 30 year loan at 3.5%, the principal and interest is $1,728.  So, you will know in this low inventory market that you will be looking at homes below the median price where the competition is fierce!  This is why is so important to reach out to a lender before you start home shopping!  So, now you've gotten pre approved with a lender who said you can spend up to $300,000.  You are excited to have that piece of paper, and now you can really start shopping!  When we are in a sellers market (to put it simply there are more buyers currently than sellers) this is measured by the local absorption rate (this compares how many homes sold in the last few months to how many homes are currently on the market) you know that you have to be a little aggressive to get that house you want!  You might even make a few offers and lose out to higher bidders.  That's ok!  Keep trying! Make sure you're working with the best real estate agent that knows how to get an offer accepted!  And having a little extra cash in this market helps!  So start saving!   Under this current scenario, if you wait 3 years, you would've spent nearly $47,000 on rent!  Chew on that for a minute!

  Ultimately it's the bank that will decide how much to lend you and there are many factors!  DTI and credit history are the main factors, but every bank is different.  So, if you think you are ready to purchase a home, get a good lender and a good real estate agent on your side!

If you’re thinking of moving to Mississippi, be sure and check out our website www.taylorgroupms.com, it has all MLS listings in Central MS and is updated every 10 minutes.  Whether you're buying or selling, our team is here to help every step of the way.  Contact us today to get started.

 

Taylor Realty Group

601-613-9100

Posted in Buying a Home
April 3, 2022

Thornberry Madison MS

Are you looking for new construction in Madison MS? Well, let's check out Thornberry.  You can see my YouTube Video, that includes a tour of one of the sample homes.  Thornberry is located on the West side of Interstate 55 off Deweese Rd.  It’s about a 30-35 minute drive to downtown Jackson.  Thornberry is a newer development started in 2019.  The master plan calls for 360 homes.  There are several lots yet to be built on, so if you’re looking to build your own custom home, there’s still plenty of room for that!  

 

 

 

During the last 2 years there were 67 homes sold (according to our MLS).  The Average home price is currently $440k for approximately 2,300 sq feet.  Most of the homes in Thornberry are 4 bedrooms and 3 bathrooms.  There isn’t currently any amenities in Thornberry and it’s unclear if there are plans to add them.  The annual HOA fees are currently $600. Thornberry is currently in phase 1, and according to the plat at the front entrance there is a future phase in the works, so maybe that phase will hold some amenities.  

 

Let’s talk about schools!  Thornberry in the Madison County School Zone.  It’s in the Mannsdale elementary school district, which is 3 miles away and Germantown middle and high schools.

 

There’s not any parks or fun amenities in the neighborhood, but there is a fun area nearby, it’s actually 4 miles to Livingston.  Livingston is actually in Flora, the next little town just to the northwest.  In Livingston, you’ll find a mercantile store, a few restaurants, and shops.  On Thursdays during spring and summer they also have a market, where local vendors set up outside and it’s a fun time for all!  So, be sure to check that out!

 

If you’re thinking of moving to Mississippi, be sure and check out our website www.taylorgroupms.com, it has all MLS listings in Central MS and is updated every 10 minutes.  Whether you're buying or selling, our team is here to help every step of the way.  Contact us today to get started.

 

Taylor Realty Group

601-613-9100

 

Posted in Neighborhood Tours
March 11, 2022

Wrights Mill Madison MS Homes for Sale

Today we are touring a community on the east side of Interstate 55 in Madison, Wright’s Mill.  Here's a link to my YouTube Video, be sure to check it out.  Wright's Mill is about a 20-minute drive to downtown Jackson and conveniently located close to dining and shops in Madison.  It’s less than a 5-minute drive to the city center of Madison, making it desirable if being in the heart of the city is important to you!

 

Wright’s mill is located along the Rice rd corridor just off the Natchez Trace and is probably best recognized by the huge water wheel at the main entrance. Also nearby is the ross Barnett reservoir (if you’re not familiar with the “REZ”, check out the video I did on Lost Rabbit, it has tons of info about living on the REZ). Most of the homes in Wrights Mill were built between 2002-2018. Wright’s Mill had 31 home sales in the last 2 years at an avg price pt of $456k with an average home size of 3,450 sq feet.  Most of the homes have 4-5 bedrooms and 3 baths.  

 

 Wright’s mill is a gated community featuring an amazing zero entry resort style pool, playground (que the playground video) and walking trails.  One of the thing that separates Wright’s Mill from many of the neighborhoods is their pool…It was constructed a few years ago and truly has that vacation vibe going on, it’s amazing!  I will admit, I was very impressed when I saw this pool...I’m trying to figure out how to get one in my neighborhood.   Another thing, I love and appreciate about this community is all the trees!  There are nice big shade trees all around this community (I’m so glad they didn’t clear cut these trees) .  There are also sidewalks throughout the neighborhood if you enjoy that leisurely walk after dinner.

 

 

Wright’s mill is less than 2 miles to Madison Avenue Elementary school and about 3 miles to Madison Ridgeland Academy, making it convenient if close proximity to schools is important to you.

 

If you’re thinking of moving to Mississippi, be sure and check out our website www.taylorgroupms.com, it has all MLS listings in Central MS and is updated every 10 minutes.  Whether you're buying or selling, our team is here to help every step of the way.  Contact us today to get started.

 

Taylor Realty Group

601-613-9100

Posted in Neighborhood Tours
March 11, 2022

Lake Caroline Homes for Sale

If you're looking for a fun, vibrant community with all the bells and whistles, look no further!   Lake Caroline is a beautiful community located just west of interstate 55 in Madison county. It is approximately 25 to 30 minute drive to downtown jackson depending on traffic and there are currently around 1500 homes... and there are still new homes being built.  "Caroline" as it's called by the locals,  started in the late 1980s and i actually remember going out there as a teenager when there were just a few homes! It's hard to believe that nearly 30 years later there's over 1,800 homes and still more to come. There are two lakes in lake Caroline, the big lake which is Caroline, which is approximately 853 acres. Then a smaller 70 acre lake! There are three pools, one of which was just built about two years ago, two clubhouses, and  there's even a restaurant in the neighborhood, The Mermaid cafe. There's tennis courts, walking trails, playgrounds for the kiddos, and of course the 18-hole golf course with clubhouse. Lake caroline has lots of community events on a regular basis. They even have their own monthly magazine for neighbors!  Prices range in Lake Caroline range from around $300k to over a million dollars... which is one thing that I love about the neighborhood!  There is that there truly is a home for everyone.  Be sure to check out the YouTube video I made on Lake Caroline that has lots of great drone footage.  Another great thing...there's almost always a home for sale in Lake Caroline, Madison, MS!

If you’re thinking of moving to Mississippi, be sure and check out our website www.taylorgroupms.com, it has all MLS listings in Central MS and is updated every 10 minutes.  Whether you're buying or selling, our team is here to help every step of the way.  Contact us today to get started.

 

Lake Caroline has a lot of smaller sub sections, it can be a bit overwhelming for a new comer looking for a home for sale in Madison, MS.  So, here's a map of Lake Caroline that will help!

 

Lake Caroline Map

Taylor Realty Group

601-613-9100

Posted in Neighborhood Tours
March 6, 2022

For Sale by Owner Madison MS

So…you’ve heard it’s super easy to sell your home without an agent right now…and you’re wondering if that’s a good idea??  Well, maybe.  And in this video, I’ll tackle how to handle for sale by owner homes in Madison, MS and what the benefits of hiring a Real Estate agent are!

 

Everyone knows we’re in a seller’s market, but what does that actually mean?  Long story, short, it means there is a supply and demand imbalance…there are more buyers than sellers.  And the buyers that I’m working with right now have heard me preach…if you want to get that house that you get emailed to you every morning at 7am on my listing alerts, we have to go see it SAME Day!  We cannot wait until the weekend, or sometimes even that night.  But, let’s say you’re checking out one of those 3rd party apps that shows homes that are for sale by owner…and you’re already working with an agent…what should you do?  I tell my buyers…just send me the address and let me call the seller.  I call them and ask them if they are ok working with a buyer’s agent.  9 times out of 10, they are ok with it.  And then, if they aren’t, I tell my buyer that.  Most buyers are NOT ok going into the largest purchase of their life without representation.  And now, I’m going to get on my soapbox for a minute about why you shouldn’t buy a home without an agent!  There are 3 BIG reasons why you NEED an agent on your side when buying:

1.     Your agent acts as the middleman (ahem woman) throughout the entire contract to closing process.  Your agent negotiates on your behalf which can be awkward and difficult when times get tough.  And it’s not just agreeing on price.  There are 2 other crucial steps after you are under contract that you’ll likely need to negotiate again.  That’s the home inspection phase and the appraisal phase.  Let’s tackle that first one…so after you get the inspection and that LONG list of repairs that need to be done…now what?  Well, that’s where a good seasoned agent can help.  I have a list of contractors that can give me a price to fix the issues on the list.  I usually make a spreadsheet (this is where being an accountant for years before I became a real estate broker helps) so you (and the seller) know how much money we’re talking about before we negotiate.  Letting me be the middleman (and sometimes the bad guy) keeps the transaction moving forward.  I can explain to the seller why the items you’ve requested need to be fixed!  Then what happens when the house doesn’t appraise?  Again, that’s where an experienced agent can help!  A lot of folks listing their home, don’t understand how to price it.  And if you’re getting a loan for the house, and it doesn’t appraise, that’s when YOU THE BUYER must pony up the cash to make up that difference (assuming you still want the house).  Well, if you have a good agent on your side, they already pulled the CLOSED comps and made sure you made an offer that we feel confident will appraise.  But, if it doesn’t, your agent can help! Here’s another hint that a lot of you might not know?  Have you ever noticed that in Mississippi, you can’t see what a house actually sold for on those 3rd party apps?  That’s because MS is a NON DISLCOSURE state.  We are one of twelve states that don’t disclose the CLOSED price to the public.  The only ones that have access to that info are agents with access to our MLS.  So, I can show the seller what other homes in the neighborhood have sold for.  Remember, it doesn’t matter what other people are currently ASKING for their home. We only care about what someone actually paid for it!

2.     We agents are experts in our area!  And if you’re new to an area, you especially need the help of an agent.  We can help answer questions about HOA, taxes, expansive clay, schools, insurance….the list goes on and on. I try to get to know my buyers so that I know what areas they will like and which ones they won’t.  Then I try to match them to an area that I know fits a lot of what they want.  You’ll waste a LOT of time trying to figure this out on your own if you’re not working with an agent from the start!

3.     You might miss something crucial!  Unless you’ve bought and sold many homes in your lifetime, there are so many things to be on the lookout for when buying.  A good agent can help you spot things in the house that need attention.  Many buyers are so fixated on the shiny objects when they walk thru a home looking at all they things they like, while a good agent is looking at all the CRUCIAL things like signs of foundation problems, plumbing problems and other things that are costly to fix.  Like the ROOF!  So many inexperienced buyers forget to look at the roof!  Have you bought a roof lately?  Let me tell you, they are expensive!!!   Then there are steps along the way involving lots of paperwork and financial transactions, that your agent can help you with to make sure they don’t get overlooked!    A real estate contract is jam packed full of things that MUST be done by one party or the other, and your agent will keep things on track, so nothing gets missed. A typical home purchased with a mortgage in today’s world takes about 45 days from contract day to closing day.  There’s a lot of things that need to be done during that time.  So, relax and let your agent do the work!

 

 

OK!  So what about the seller?  Should they list their home FSBO?  Well, maybe.  It can be very tempting in a seller’s market for the homeowner to want to save money on commissions.  And since it’s usually the seller that pays the agents’ commissions, it could make sense.  I’ll give you a few things to consider.  As the seller, you will have to do all the work for arranging showings (which is easy if you’re home all day), you’ll need to try to keep cool during negotiating, and help navigate the repair phase.  And don’t forget, you still need to make sure you’re abiding by local laws….just because you don’t have an agent working for you, doesn’t mean you can skip the home disclosure process.  You still must let the buyers know of any known material defects with the home.  And keep in mind, you might have a buyers agents call you for permission to show their home.  Don’t be too quick to turn a buyer’s agent away, many buyers (for all the reasons I mentioned above), will not feel comfortable without representation.  And remember, as the seller, you get to decide how much to pay an agent.  So talk to their agent and decide on a percentage or fixed amount and write that into the contract.  You’ll likely have a smoother transaction if there’s a real estate agent working in the transaction.  Another thing to consider when selling FSBO, is that you don’t have access to the closed comps.  Especially in a non-disclosure state like MS, you might be leaving money on the table.  Many homes today are selling for over asking.  So, let’s say your neighbor has the exact same home as you and they were asking $300k.  Without a real estate agent knowing what it sold for, you decide to list your home for $300k as well.  If their home is like a lot of homes in this crazy market, it quite possibly sold for $10-$20,000 over asking, which could’ve paid the buyer’s agent and still netted you several thousand more.  There have been many studies done that show FSBO’s sell for less than homes on MLS.  Part of that reason might be because FSBO’s attract people who are tempted to low ball because they know you don’t have an agent (this happens a lot in a buyers market).  And it should go without saying, but if you’re wanting to sell your home quickly, allowing a real estate agent that already has a network built in with other agents and the use of our MLS, there’s no quicker way to get your home in front of buyers.  

 

So, if you want to check the inventory quickly, check out my website www.taylorgroupms.com which is updated to our local MLS every 10 minutes.  If you sign up for daily email updates, you will also get a link each morning that shows how fast homes are going to pending status.  This is crucial if you’re considering listing your home by owner.  You can set up a listing search for your homes price range and area and start to get a feel how fast things are going under contract (and therefore back into which homes are sitting on the market).  After all, an over priced home is the biggest mistake most home owners make!

 

Taylor Realty Group

601-613-9100

Posted in Buying a Home
Feb. 21, 2022

Cornerstone Madison - A 55 and over community

 

 

What exactly is a 55+ community? Would I like to reside in one? What benefits and drawbacks come with living in One? Stay connected as we examine Madison's sole 55+  community.

 

We are taking a tour of Madison County's Cornerstone Community today. Downtown Jackson may be reached in roughly 25 minutes by car. This is excellent news because most people looking to buy in a 55+ community place a high value on being close to hospitals. Baptist Hospital, St. Dominic Hospital,  University of Mississippi Medical Center and the VA Hospital are the four  major hospitals within less than a 30-minute commute.



The distance from Cornerstone to Madison's city center, where there are many alternatives for dining, shopping, and grocery, is around ten minutes.

 

Compared to other US municipalities, Madison only offers one 55+ community to choose from. But what actually constitutes a community for people 55 and older? At least 80% of a neighborhood must be over the age of 55 in order for it to be considered 55 and over. 


The Cons of Living in Cornerstone Madison - A 55 and Over Community
In general, residents of 55+ communities are not allowed to have children or grandkids living with them who are under the age of 19. Although I'm not sure exactly how they confirm it, it is written in the Cornerstone covenants.

 

If you're interested, you may visit their website by clicking the link I've provided below. However, they assert that no person under the age of 19 is permitted to occupy a residence for more than 90 days in a calendar year. Your grandchildren may therefore spend the summer with you, I suppose.  https://cornerstone55.ms/


The Pros of Living in Cornerstone Madison - A 55 and Over Community 

A gated neighborhood is Cornerstone. There are just 30 homes in the neighborhood's plans, and all but three have already been constructed. In Cornerstone, all of the homes are at right at 2,000 square feet and have three bedrooms, and two bathrooms. Currently, the annual HOA cost is $500.

An outdoor pavilion with a walking path surrounding the water feature will shortly be built in the common area. The lack of additional amenities in this neighborhood surprised me. But, I guess low maintenance and low HOA fees are what the developer was trying to achieve.


Back in Cornerstone now, though, The yards are manageable in size and offer the choice of paying the lawn service provider that the HOA has a relationship with if cutting grass isn't your thing.

19 properties were sold for an average price of $360,000 over the past two years, according to our local MLS.


While we're talking about 55+ neighborhoods, did you know Madison is a recognized retirement community? That's accurate! We earned our designations by fulfilling requirements related to safety and a few other factors.

Final Stance

I'll also include a link below to the city's website's Senior Services schedule, which has a variety of activities including yoga, therapeutic chair stretches (That seems like fun), and even a time designated for the traditional game of BRIDGE! Of course!

 

http://www.madisonthecity.com/senior-services


If you’re thinking of moving to Mississippi, be sure and check out our website www.taylorgroupms.com, it has all MLS listings in Central MS and is updated every 10 minutes.  Whether you're buying or selling, our team is here to help every step of the way.  Contact us today to get started.

 

Taylor Realty Group

 

601-613-9100

Posted in Neighborhood Tours
Feb. 3, 2022

New Construction Madison MS

Are you like me and wondering….when are new construction  homes coming back?   Have you been thinking that builders are sitting on the sidelines waiting for the cost of materials to come down?  Well trust me, there is plenty of new construction in Madison….Watch my YouTube Video or keep reading for all the details on how you can find a new Construction home for JUST $300k in Madison!

 

 

Today, we are taking a tour of a community just off Yandell Rd in Madison county, directly across the street from Madison Crossing elementary school…you literally can’t get any closer to this school! The neighborhood of Glenwild is about a 5 minute drive to hop on Interstate 55 just north of the Madison Exit.  You can drive to downtown Jackson in about 30 minutes, and Germantown high school in about 10 minutes.  

 

The neighborhood of Glenwild  started development around 2015 and is still building out today.   Very recently I was helping a buyer relocating to Madison from Florida and we were honing in on new construction homes.  So, I was scouring MLS to find some options.  Then, one day, I drove to Glenwild to look at a home that just went on the market…it was just finishing construction…and of course it already had multiple offers.  In my video above you'll see what a typical home in Glenwild looks like.  This home is a good representation of most of the homes in Glenwild.  You can expect 3 beds/2 baths and a small office usually.  Lot sizes around a quarter acre.  The exteriors are mostly brick, which means low maintenance.  The intereior finishes are usually granite counters in kitchens and baths, SS appliances in the kitchen and an nice size master bath with separate tub and shower and walk in closets.  So anyway, I drove thru the neighborhood and found that there were MANY homes in various stages of construction with only the builders for sale sign out front.  So, I called a few builders and after a couple of conversations realized that most of these homes sell before ever making it to MLS…which means you’ll never see them on Zillo or Realto.com.   If you’re reading or watching this video and you live out side of the state and trying to figure out how you’re ever going to buy a home in this Super competitive market, don’t fret anymore.  Call your agent and ask them about new construction homes that are still in the building process.  Yes, it’s a little more work on us agents, but we know where to look!

 

 

So back to the neighborhood of Glenwild…it has a neighborhood pooland according to the plans posted, they will soon be building a playground near the pool…by the looks of things on the ground, there will be plenty of homes being built in the next year or more.  During the last 12 months there were 34 homes sold on MLS for an avg price of $302k. The average size was 1900 sq feet.  

 

 

As of today, there is only 1active listings in Glenwild.  Check my website where you can take a look at the active listings. But, don’t be discouraged by that!  Either drive out there yourself or let me help!

 

 Glenwild Subdivision

 Glenwild pool

 

If you’re thinking of moving to Mississippi, be sure and check out our website www.taylorgroupms.com, it has all MLS listings in Central MS and is updated every 10 minutes.  Whether you're buying or selling, our team is here to help every step of the way.  Contact us today to get started.

 

Taylor Realty Group

601-613-9100

Posted in Neighborhood Tours