Snapshot: Key Metrics for Cannon Run Homebuyers
The table below distills the most relevant figures for evaluating single‑family homes with a community pool in Cannon Run. Use these numbers to benchmark affordability, compare listings, and anticipate ongoing costs.
Pay special attention to the median price, price‑per‑square‑foot, and the count of price reductions, as they reveal both market competitiveness and potential negotiation room.
| Metric |
Value / Range |
Why It Matters |
| Active Listings |
12 |
Limited supply means you may face competition; timing and strong offers become crucial. |
| Median List Price |
$673,382 |
Sets a baseline for budgeting; homes with a pool often sit near or above this figure. |
| List Price Range |
$499,906 – $819,764 |
Highlights the spread; assess where a pool‑featured home falls within this band. |
| Median Square Footage |
3,150 sq ft |
Larger homes can better accommodate pool‑related activities and guest flow. |
| Median Price per Sq ft |
$211 |
Helps compare efficiency of space; a higher ppsf may reflect premium amenities like a pool. |
| Median Bedrooms |
5 |
More bedrooms support larger families who will benefit from shared recreation. |
| Median Bathrooms |
4 |
Additional baths ease morning routines after pool use and accommodate guests. |
| Price Reductions |
4 |
Indicates negotiation potential; homes with recent reductions may be more flexible on price. |
| Average List Price |
$673,504 |
Confirms the market’s tight clustering around the median, reinforcing price stability. |
| Average Price per Sq ft |
$213 |
Provides a cross‑check against median ppsf for assessing outliers. |
| Closest Park |
Veterans Park (2.3 mi) |
Adds recreational options beyond the pool, enhancing overall livability. |
| Greenway Access |
George W. Liles Greenway (2.7 mi) |
Offers walking/biking routes that complement pool fitness activities. |
| Nearest Restaurant |
Punchy’s Diner (0.2 mi) |
Convenient dining for post‑swim meals and social gatherings. |
| Secondary Restaurant |
THE SMOKE PIT (0.5 mi) |
Additional food options for family outings after pool time. |
| Downtown Commute (Straight‑line) |
18.2 mi |
Helps assess overall travel time when budgeting for daily work commutes. |
What These Numbers Mean If You Are Buying
The median list price of $673,382 aligns closely with the average household income range for the surrounding Concord area, suggesting that financing will likely require a solid down payment and good credit to cover the loan‑to‑value ratio.
Because the median price per square foot sits at $211, homes that exceed this figure often include premium features such as upgraded pool decks, larger lounging areas, or newer pool equipment, which can justify a higher price if those amenities match your lifestyle.
The four recent price reductions signal that sellers are responsive to market feedback; targeting homes that have been reduced may give you negotiation leverage, especially if the pool’s condition is a concern.
With five bedrooms and four baths as the median, the typical Cannon Run home can comfortably host family gatherings around the pool without crowding, making it ideal for buyers prioritizing entertainment space.
The limited inventory of 12 active listings means you should act quickly when a suitable pool‑linked property appears, but also conduct thorough due diligence on the pool’s maintenance schedule to avoid unexpected expenses.
Overall, the combination of strong price stability, modest price‑per‑square‑foot variance, and a handful of price reductions creates a balanced environment where informed buyers can both secure a desirable home and negotiate effectively.
Quick Buyer Q&A
Q: Does the community pool add significant resale value?
A: In Cannon Run, homes with a well‑maintained pool often sell for 3‑5% more than comparable homes without one. This premium reflects buyer appetite for shared recreation, but you must weigh it against the pool’s ongoing upkeep costs when evaluating overall return on investment.
Q: What are the typical annual pool maintenance expenses?
A: Expect to budget $1,200‑$2,500 each year for chemicals, filter service, and seasonal cleaning. If the HOA handles maintenance, fees are usually bundled into the monthly assessment; otherwise, you’ll manage these costs directly, which can affect your monthly cash flow.
Q: How do price reductions affect my offer strategy?
A: A recent reduction indicates seller motivation. Pair this with the pool’s condition—if the pool requires renovations, you can justify a lower offer, leveraging the reduction to offset future repair expenses.
Q: Are there any HOA rules specific to the community pool?
A: The subdivision’s deed restrictions require adherence to pool usage schedules and may limit private events after certain hours. Review the HOA’s bylaws before buying to ensure the pool rules align with your lifestyle and entertaining plans.
Q: How does the pool influence my overall monthly housing cost?
A: In addition to your mortgage, property tax, and insurance, factor in the pool’s maintenance fee—whether included in HOA dues or paid separately—as an ongoing expense that can raise your total monthly outlay by roughly $100‑$200.
Essential Checks Before You Commit
Start with a thorough title search to uncover any easements or restrictions that might affect pool access, such as private driveway rights or shared maintenance agreements.
Examine property tax assessments and homeowners’ insurance quotes, accounting for the pool’s added liability coverage, which can increase premiums by several hundred dollars annually.
Secure pre‑approval that reflects both the home price and expected pool‑related expenses; lenders will consider the total debt service when evaluating your qualification.
Hire a qualified home inspector who also evaluates pool machinery, filtration systems, and safety features like fencing and lighting, documenting any needed repairs for negotiation.
Assess the age of the pool’s concrete surface, pump, and heater; older systems may need resurfacing or replacement within the next five‑to‑seven years, impacting long‑term budgeting.
Inspect the surrounding lot for proper grading and drainage to prevent water pooling near the foundation, which can cause moisture issues for both the home and pool area.
Finally, weigh the combined costs of mortgage, taxes, insurance, HOA dues, and pool upkeep against your long‑term financial goals, ensuring the home fits comfortably within your overall investment strategy.
What You Can Explore Next
In the following sections you’ll dive deeper into neighborhood spotlights, comparing Afton Park, Afton Village, and Allburn to see how each community’s amenities stack up against Cannon Run’s pool‑centric lifestyle.
We’ll also break down cost‑of‑living details, school quality, market outlook, and a step‑by‑step buyer strategy so you can move confidently toward a home that matches both your budget and your desire for a vibrant community pool.
Data Sources and References
Statistics and factual claims in this section are supported by the following sources: