Imagine you're in the market for an under-$400,000 intown Atlanta townhome. This is an increasingly rare species, so you might have to search diligently. You've narrowed it down to two options in vastly different parts of town, each with their own unique appeal. One could use some updating; the other is brand spanking new. Let's shove them into a metaphorical cage and let them scrap until one emerges victorious. It's time for Real Estate Deathmatch.
The first choice might look a little wanting at first glance, but consider that the $379,000 asking price (chopped by $20,000 earlier this month, which spells motivation) is a fairly cheap entree into prestigious Buckhead schools. The kitchen has been renovated, but we'll beg to differ when the listing agent describes the decorating as "exquisite." It's tucked between Piedmont and Roswell roads near the Buckhead Village.
Square feet: 1,548
Special bonus: A cozy, pirate-themed office
Listing: 320 Alberta Terrace NE APT 2 [Zillow]
This new townhome will join 13 others in a little Kirkwood cul-de-sac most buyers probably don't realize exists. It's fully detached, with an open floor plan, two-car garage and cavernous master suite. While this part of the neighborhood has character to spare, it's a bit of a hike to the shops of downtown Kirkwood and Oakhurst, and it's zoned for a public school system some buyers aren't comfortable with yet. There's an option to customize the finishes, which would lead one to believe these photos show a model unit. At $387,400, it's the more expensive option.
Square feet: 2,230
Special bonus: Easy walk to MARTA train station
Listing: 2102 Elvan Circle Unit 7 [Estately]