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Updated over 1 year ago on . Most recent reply
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First-time Atlanta Investor
Which neighborhood in Atlanta and the surrounding area offers first-time homebuyers/investors the best value? Share your insights and experiences on affordability, amenities, and potential for future growth in the area!
Most Popular Reply
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Hey Dock - great name btw!
Ben hit a key theme here. If you're looking at affordability from a pure '$ value' standpoint, then South Atlanta (Riverdale, College Park, Forest Park, Conley, Stone Mountain) are going to be more affordable for a first time home buyer. 3/2 ARVs in these areas run between $240k-$280k.
West Atlanta (Powder Springs, Austell, Mableton, Douglassville) see ARVs in the $260k-$300k price point and are more so in the path of growth. These areas tend to be a little more spread out as well if you want some more space.
There is a lot of growth / new development occurring in select pockets across the entire metro. Generally speaking, you can expose yourself to the natural growth in the northern suburbs by buying close to i-75, i-85, and i-575 on ramps as well as close to the suburban city centers (Acworth, Woodstock, Kennesaw, Marietta Square, Roswell, Alpharetta, Suwannee)
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