Does house under 200k w no HOA in Newnan = higher drug/crime area (low income)

[LilyMae521]

Hello,
New member here, thank you for reading my post. I am trying to help family members purchase first home in Newnan or surrounding area.
I am not local to the Newnan area; family members are fairly new transplants (18-20 months). They have the understanding from RE folks and HOA folks that "homes under 200k with no HOA are higher drug/crime areas" I'm thinking this might be true sometimes, but it's an awfully big generalization, which may be to the benefit of those who profess it. Anyone with experience in Newnan area have opinions on this? Thank you in advance.
LilyMae

[Silvers2]

r u a real estate agent?

[LilyMae521]

No, I'm a family member and zillow watcher, trying to help (from a distance) w a purchase and trying to keep it affordable. In my first post, "RE" folks refers to "Real Estate" folks, if this clarifies. Thanks

[Clayton white guy]

Not necessarily. The best thing to do is find a neighborhood that they like, THEN walk around and TALK to their potential neighbors who can give them the best insight as to what is really going on in the community. That is what I did before I bought my present home (well below their target price) and I could not be happier. This is also what I advised my clients to do several years ago when I sold real estate on the side. It gives you a real picture AND, should you decide you like what you hear, it builds a sense of community with your new neighbors: a true "win-win". No "website" can give you the real deal.

[LilyMae521]

Thanks for your helpful reply. I will encourage them to follow your advice.

[PTC Dad]

Most of the neighborhoods in Newnan are safe. The only areas where there tends to be issues is near Pinson Street which is adjacent to downtown Newnan. This area is considered the Newnan "Hood". It's an area of low income housing with some small time drug dealers. Outside of that, Newnan is very safe. Also keep in mind that more than half the homes listed with a Newnan address are outside of the city limits. Most of unincorporated Coweta County has a Newnan address and there is a big mix of housing options from rural, to suburban, & even in-town. Like I said, most of the houses away from downtown are in very safe areas especially in the Northgate High school attendance zone.

[LilyMae521]

Thanks for this additional helpful information. I'm hoping these ideas will help our young family members consider a more practical starter home purchase. Seems another point of resistance is the "hassle" of resale in a few years. But then I am also being told the market is hot and prices are going up, so that tells me if a starter home is cared for and maybe even improved, resale should not be a big problem. I think part of this is the "gotta have it" syndrome, but I'm just trying to present practical alternatives. Thanks again.