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Affordability In O4W: "Peace, Y'all, I'm Outta Here ..."

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The listing agent stresses this 1920s bungalow in the Old Fourth Ward is perfectly priced at $434,900 and won't last long. Okay, cool. It's tough to call a property overpriced that could potentially sell for more later, but at this price point for a house this size, it's easy to see O4W's door of affordability swiftly closing for many Atlanta denizens, like it already has elsewhere. But to each his own. At least one other flipped, $400,000+ bungalow has recently sold for over asking in the O4W. This three-bedroom renovation sits closer to Edgewood Avenue than Ponce City Market, offering a little over 1,600 square feet. The flippers have kept the historic soul intact with heart-pine flooring and four fireplaces, blended with modern touches like birdbath sinks and stainless (GE) appliances. The 74 Walkscore qualifies the location as "Very Walkable," no doubt aided by the proximity of the Beltline and pending Streetcar line and Krog Street Market. All reasons for this agent to call O4W Atlanta's "hottest neighborhood."
· 100 Bradley St. NE [Zillow]
· Is the Decatur area losing its prized affordability? [Curbed Atlanta]