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Hot Properties: Inside 3 Recent Atlanta Bidding Wars

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All this talk of historically low housing inventory in Atlanta might be coming to bear in recent home listings, especially for well-kept or smartly renovated properties in choice neighborhoods. Maybe it's a ploy to heighten buyer anxiety, but it seems an increasing number of listings are beginning with language like this: "MULTIPLE OFFERS. HIGHEST AND BEST DUE BY (INSERT RAPIDLY APPROACHING DAY AND TIME)." After the jump, take a closer look at three such listings in Candler Park, Cabbagetown and Kirkwood. If brokers are to be believed, these properties were basically attacked by buyers.


· 428 Page Ave. NE Unit 6 ^ This two-bedroom townhome from 1984 in Candler Park was a hot commodity when it listed a couple of weeks ago at $279,900. The original layout has been reconfigured with a large kitchen and dining space that spills to a spacious deck. It has two bedrooms, one and ½ bathrooms and walkability to parks and the neighborhood's retail village.


· 241 Powell St. ^ This darling two-bedroom, two-bathroom Craftsman cottage featured several proven magnets for Atlanta buyers — 12-foot ceilings, abundant heart-pine floors, an integrated sound system and an inventory-deprived Cabbagetown location. Built in 1920, the home's asking price was $389,000.


· 44 Wyman St. NE ^ Eager buyers might still have a chance to land this 1925 rehabbed bungalow in Kirkwood; the listing agent says highest-and-best propositions aren't due until 4 p.m. Thursday. The renovation of these 1,600 square feet was drastic, resulting in a spa-like master bathroom and refinished hardwoods for miles. Asking price: $399,900.