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Of Cabbages And Kings – Atlanta Homes From Cabbagetown To Buckhead

Posted: 22.11.2008 | Views: 184

Atlanta real estate has long held a solid reputation for providing investors with not only a solid and sound return in the long run, with an almost guaranteed return, but also the opportunity to live and enjoy one of the most popular and vibrant cities anywhere in the US. Whilst in many parts of the country, and indeed globally, prices are slowing and even falling, putting many first time buyers and investors off the idea of purchasing real estate, Atlanta is home to one of the fastest growing and most imaginative real estate markets, and provides what is perhaps the most stable and reassuring economical picture to be found.

Atlanta’s employment level is rising very steeply, with a significant number of large scale business, corporations and industries moving to Atlanta, for a wide variety of reasons. This is not only providing ongoing employment opportunities for those who already live there, but is also having the effect of drawing in a large number of people from elsewhere. With higher employment and industrial investment comes a more stable, and growing economy. It is the fact that Atlanta has been entertaining such development at a tremendous rate in recent years that it appears to have been able to ride out the current global financial crisis without being affected much at all.

As a result of the influx of businesses, many people have sought condos and lofts within the city, as single occupancy or starter home properties, and this has resulted in a very high demand for real estate throughout the city. This has given rise to a substantial number of redevelopments and new build estates, providing a very wide range of very affordable, and attractive residential properties. From single occupancy flats to family homes, from small start properties to large scale, fabulous mansions, Atlanta plays host to them all, and whatever your budget, and whatever your need, you will be certain to find something to suit you. However, you will need to be quick, since the demand is so high that properties tend to sell extremely quickly.

The facilities, both shopping and leisure, are enviable within several areas of Atlanta, and those residents who have purchased property in vicinities such as Buckhead and Midtown will find that they have some of the best facilities they could wish for right on their doorsteps. From large retail outlets to first rate leisure facilities, from green parks and open spaces to excellent schools offering a very high standard of education, Midtown and Buckhead in particular offer a cosmopolitan life that could easily be compared to San Francisco or Boston, yet at a fraction of the price. With prices still lower than either of these two cities, Atlanta is still able to offer a supported and sustained growth, with investors tending to take the longer view rather than looking to make a quick profit in a short space of time.

One of the ways in which some investors have chosen to pursue a market opportunity is to purchase older commercial property, such as warehouses, and convert them into modern living spaces, either selling or letting condos for those who are looking either for a start home, or a convenient pad to live that is within easy reach of work, and the commercial district as a whole. These offer a wide choice to those who are looking both to invest and to purchase, and there is still a great deal of choice. Atlanta looks favorably upon this form of investment, as it helps to maintain the exterior of a property, a visual heritage to Atlanta’s past, whilst breathing new life and new purpose into buildings that may otherwise stand unused.

Whilst much may be made of the lower end properties, stylish but very affordable lofts and condos, there is another end to the property spectrum, and Atlanta is where many very wealthy and well known people call home, with extravagant mansions and beautiful properties that offer more than anyone could possibly ask for. For some people, the dream property might be a very comfortable three bedroom family home in the idyllic, though perhaps rather oddly named, Cabbagetown, and many of these family homes are available for between $300,000 and $400,000 – extremely affordable when compared to similar properties in other cities. Yet if you have money to burn, Atlanta also offers mansions that roll across the landscape for a number of millions of dollars. Typically colonial in style, these properties would not look out of place gracing a movie set, and indeed, it is unsurprising that Atlanta has played host to many a film crew in recent years.

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