Imagine you're in the market for a $365,000 freestanding home (with a sizable deck) in an up-and-coming Atlanta neighborhood, where the dollar stretches. You've narrowed it down to two options in different parts of town, East Atlanta and Old Fourth Ward, each with indie cool and burgeoning community spirit. Your budget will bag nice homes that are essentially brand new. So this becomes a showdown of breathing room versus supreme walkability. Let's shove them into a metaphorical cage and let them scrap until one emerges victorious. It's time for Real Estate Deathmatch.
While not quite finished, this total overhaul of a 1940 bungalow near the East Atlanta Village is one handsome job. It offers four bedrooms and outdoor living galore — a sprawling front porch, screened side porch and large back deck. They've spared some of the prewar soul, with the original fireplace, hardwoods and pocket doors. Added bonus: a pre-planted garden and fruit trees. Listed at $364,900, it's microscopically cheaper, too.
Built: 1940 (renovation ongoing)
Square feet: 1,980
Special bonus: Brownwood Park around the corner; East Atlanta Village up the street; multiple outdoor seating areas.
Listing: 1341 Ormewood [Zillow]
Near Edgewood Avenue in ever-hot Old Fourth Ward, this three-bedroom new-build just chipped $10,000 off its price, down to an even $365,000. At 1,488 square feet, a buyer probably won't have many unused rooms, but the floorplan seems open enough. It has off-street parking, though some coordination could be in order if buyers have multiple vehicles. The stellar 88 Walkscore should only climb once the Beltline's Eastside Trail extends south and Edgewood Avenue comes into its own. Added bonus: a coveted "flex space."
Square feet: 1,488
Special bonus: Easy stroll to Atlanta Streetcar and growing slate of Edgewood Avenue attractions; Beltline proximity.
Listing: 20 Howell St. NE [Estately]