C OVE R ST ORY
Buckhead - Ansley Atlanta Brookhaven - Engel & Völkers
Midtown West Midtown -Engel & Völkers
residences listing for up to $1 million. Many of the homes on the market today are new townhomes in the $450,000 to $500,000 price range (in communities such as Townsend at Ashford Park and The Collection at Perimeter Park). For those looking for resale options, many singlefamily homes have been renovated or are ideal fixer-upper projects. DID YOU KNOW? For buyers who feel as if they have been priced out of the surrounding suburban Atlanta neighborhoods, Chamblee is a perfect option. Many who move to Chamblee get more for their money compared to neighboring areas.
WEST MIDTOWN & UPPER WESTSIDE Once Atlanta’s industrial hub, West Midtown, also known as the Westside, has been transformed into a hip, urban locale with cultural hotspots, live music venues, retail, restaurants and more. THE EXPERT:
Christa Huffstickler Founder and CEO, Engel & Völkers Atlanta evatlanta.com THE STATE OF THE MARKET: West
Midtown and the Upper Westside are experiencing explosive growth as homebuyers gravitate towards this emerging side of town. Due to its relative affordability, strong development and proximity to some of the city’s best dining, retail and
entertainment, the area is popular with young professional couples. The market moves very quickly, and the neighborhood is growing rapidly. WHAT YOU’LL FIND: There’s great diversity of product in this area. From condos to townhouses to singlefamily homes, there’s something for everyone. In particular, townhomes are very of-the-moment. A generous number of townhome communities in the area are reasonably priced and have great potential for appreciation. Overall, the average price point is approximately $425,000. Single-family homes tend to lean more towards the upper $400,000s range, while townhomes and condos tend to stick closer to $425,000. DID YOU KNOW? Thanks to the exceptional growth of the area, homebuyers and residents should expect construction to persist for the next few years. However, with that growth comes the chance for a strong return on investment.
SANDY SPRINGS Bordering Buckhead, Brookhaven and Dunwoody, Sandy Springs is one of the area’s best-known business hubs. It also boasts a closeknit community of residents who appreciate the neighborhood’s modern Southern charm. THE EXPERT:
Kathy Rubenstein Beacham & Company, Realtors beacham.com
THE STATE OF THE MARKET:
The Sandy Springs real estate market mirrors many of its neighboring communities: The market is strong, but inventory is low, so prices are increasing in this seller’s market. WHAT YOU’LL FIND: Single-family homes are the most prevalent home type in Sandy Springs, although there are townhomes and condos throughout the city. Developed as a bedroom community for commuters to Atlanta, Sandy Springs is replete with families; however, singles and active adults are attracted to the area as well. The average sales price for a single-family residence is around $750,000, while condos and townhomes average nearly $298,000. The sales price is often driven by access to highly rated school districts and the proximity to the Buckhead intown market; singlefamily homes inside the perimeter typically have a higher price tag. DID YOU KNOW? Buyers often find that they get more for their money in Sandy Springs in comparison to other intown neighborhoods just a few miles away within the Atlanta city limits. Additionally, property taxes for similar homes tend to be lower in Sandy Springs, which still offers a high level of city services.
DUNWOODY One of the metro area’s most prominent northern suburbs, Dunwoody is a mecca for shopping, dining and entertainment. Although not a city until 2008, Dunwoody has been home to residents for more than a century.
THE EXPERT:
Lindsay Levin Berkshire Hathaway HomeServices Georgia Properties bhhsgeorgia.com THE STATE OF THE MARKET:
The Dunwoody real estate market is competitive. Home inventory is down 37%, and residences stay on the market for 32 days on average. Updated and move-in ready homes are the most sought-after. WHAT YOU’LL FIND:
Dunwoody is primarily a singlefamily home market featuring residences built between 1960 and the early 2000s. Brick colonialstyle homes are popular, and the average home sale price is $455,000. A concentration of townhomes and condos can be found close to Perimeter Mall and the area’s bustling business districts. The diversity of offerings make it perfect for a population diverse in age and ethnicity, including families, young professionals and active adults. DID YOU KNOW?
Dunwoody is one of the largest commercial real estate markets in the Atlanta area, but its unique style, which includes commercial areas that have preserved their original Colonial Williamsburg aesthetic, gives Dunwoody a small-town feel.
March/April 2021 | Simply Buckhead
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