The Beginner’s Guide to North Atlanta Home Value: Part 2
North Atlanta contains some of the most coveted metropolitan real estate in the US. Unlike most major US cities, Atlanta’s Northern suburbs have great schools, short commute times, and a relatively low cost of living.
In part two of this blog, we will give you an in-depth look into some of the most well-known Atlanta suburbs.
North Fulton County:
If you thought Cobb County was interesting, neighboring Fulton will blow you away. This county contains several of the top suburban locations in Metro Atlanta, both on the North and South side. While Fulton County as a whole, which contains the vast majority of downtown Atlanta, is home to nearly one million people, the northern part is only home to about one-third of that number.
Over the last few decades, many North Fulton cities incorporated themselves. Because of their incorporation, the cities of North Fulton have become some of the most populated and powerful in the Atlanta Metro area. That being said, let’s dive a little deeper into what makes this small, but bustling, part of North Atlanta so special!
One of the most under-appreciated gems of suburban Atlanta, Roswell boasts areas so picturesque, you might forget you’re only a few miles from downtown Atlanta! Somehow, Roswell found a way to retain its small town look and feel, while offering much of the same benefits as nearby East Cobb. For the nature lovers out there, Roswell offers everything from shaded rock climbing to picnics and hikes along Big Creek’s Roswell Mill trails.
With a median home value of $326,100, Roswell caters to mostly middle and upper middle-class families, with a sprinkling of Yuppies to keep things interesting. This timeless region of the Atlanta Metro, offers a delightful mix of culture and history, with its beautiful downtown showcasing events year-round.
Unfortunately for many citizens, the recession hit Roswell fairly hard. To this day, 8.2% of homeowners in Roswell are underwater on their mortgages. The good news for residents, as Roswell is now rated as a neutral market for home buyers/sellers.
Georgia’s other, other A-town (next to Athens and Augusta). Just a few exits up Highway 400 from Roswell, Alpharetta is often confused with Marietta by those unfamiliar with the areas. While not in the same financial boom Marietta, right now, Alpharetta actually has a larger population and claims a more stable historical economy.
Alpharetta has rebounded mightily since the recession, as the percentage of its citizens with delinquent mortgages is only 0.8%, much lower than the 4.8% national average. This coupled with the proximity to Highway 400 and a very good public school system, has made Alpharetta a highly sought after location for home buyers, and thus created a heavy sellers’ market.
Still, Alpharetta has grown its own identity as a beautiful region of suburbia. Like Roswell, it has a historic downtown and fantastic dining locations, yet with a small town feel that is distinctly its own.
Alpharetta and neighboring Milton also pride themselves with many beautiful, tucked-away horse facilities, riding arenas, pastures, and stables; typically country-side features one wouldn’t normally associate as part of an overall city scape, all within minutes’ reach of highways that connect you quickly to diverse urban centers.
Nope, the gold rush was in Dahlonega, not Dunwoody. That being said, Dunwoody is no slouch. Like many of the older towns around Atlanta, Dunwoody has a historical district called the Dunwoody Village. Later on, Perimeter Mall sprang up, beefing up both the local community and Atlanta’s, thanks to the easy MARTA access.
MARTA access alone is one of the main draws to Dunwoody, as it is MARTA’s only access point to the North Atlanta suburbs. Perimeter Center, an edge city surrounding Perimeter Mall, benefitted greatly from its MARTA connection, eventually offering high-rise offices, condos, and restaurants.
As is the case with Smyrna and Vinings, Dunwoody has grown into a young person’s town, thanks to its proximity to Atlanta, and MARTA access. Unlike “Symnings”, however, schools are above average compared to the national average, and thus, nearly 30% of households in the area have children under the age of 18.
With an average home value of $384,000, with 3.7% projected growth, Dunwoody is currently a slightly warm sellers’ market.
In Atlanta, you will hear a lot about the “Incorporated” Atlanta Cities. The city of Sandy Springs deserves thanks for that. The fuss all began back in the 1970’s when the city of Atlanta tried to annex Sandy Springs. While this was eventually shot down in the Georgia Supreme Court, its lasting effect was the community’s desire for a stronger voice against Fulton County and Atlanta. Since incorporation, Sandy Springs has blossomed into one of Metro Atlanta’s economic powerhouses.
Some major businesses in the city are IBM, Cox Enterprises, AT&T and Cisco Systems. If you want to get as close to a downtown Atlanta lifestyle, without actually moving to the city, Sandy Springs is the place for you.
Just a stone’s throw from popular neighborhoods like Buckhead and Brookhaven, Sandy Springs is home to many of Metro Atlanta’s young adults. Although cheaper than the other ITP (Inside the perimeter) neighborhoods, Sandy Springs is still considerably more expensive than the other cities we have mentioned, and as such is primarily a renters’ market. However, if you can stomach the price (average home value of $429,700) this buyers’ market can help create valuable income due to its renters allure.
At Quality Craftsmen, we have been building and renovating North Atlanta homes for over 25+ years. Whether you want to improve or remodel the house you already own to feel as though you can fall in love with your home all over again, contact us here or call at (404) 483-7446.