In this installment of Curbed Comparisons, we take a look at what $150,000—give or take $10,000—purchases around Atlanta right now. Yes, that still buys more-than-livable intown properties.
Not surprisingly, this price point turns up a large selection of dilapidated properties touted as “investment opportunities,” along with some fixer-upper townhomes and quite a few older condos with hefty HOA fees. Also of little surprise: Of the five ITP homes featured here, all are less than 1,500 square feet. While the condos can be found in such hot neighborhoods as Buckhead and downtown, the available homes are mostly clustered west and south of the city.
Where downtown meets Old Fourth Ward in SoNo at Renaissance Lofts, this 543-square-foot unit with one bedroom and one bathroom claims great views of downtown. According to the listing, everything has been upgraded from its 1974 origins. That includes hardwood floors, travertine tile, and a touch of shiplap. Building amenities include a swimming pool, fitness center, and 24-hour concierge for monthly HOA fees of $269. The current asking price is $159,000.
Touted as a “perfect buy and hold opportunity,” this 1955 home in Hunter Hills, just west of Washington Park and the Beltline, comes with three bedrooms and one bathroom in 1,459 square feet, making it the largest home in this bunch. The recently renovated house now features an open floorplan, subway tile in the kitchen, and a nice deck in the backyard. Potential buyers should know it is listed as a “Sold No Disclosures” property. Asking price is $141,900.
Found in downtown’s Healey Building, this 1913 apartment features one bedroom and one bathroom in just 674 square feet. A recent renovation gives the space an updated look with eight-foot windows, hardwood floors, and granite countertops. Potential buyers will be able to walk or bike to attractions such as Centennial Olympic Park, The Tabernacle, and State Farm Arena. The current asking price is $160,000, but monthly outlays increase quite a bit with the HOA dues of $507.
This renovated 1941 cottage in Lakewood Heights boasts three bedrooms, one bathroom, an open floorplan, and kitchen in 1,265 square feet. The updated kitchen with its subway tile and the bathroom’s new tub, vanity, and fixtures are refreshing touches, but the bars on the windows are quite the contradiction. The property also comes without seller disclosure. Asking price is $159,900.
With views of the Buckhead skyline, this 837-square-foot condo at Park Lane in Peachtree Hills is outfitted with one bedroom, one bathroom, a living area, kitchen, and laundry closet. Recent updates to the 1967 unit include new hardwoods and fresh paint. Building amenities range from a fitness center and swimming pool to a 24-hour concierge and gated parking. The current asking price is $149,900, plus monthly HOA fees of $544.
Which property is the best buy?
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120 Ralph McGill Blvd. N.E., Apt. 403 (SoNo)
246 Stafford St. N.W. (Hunter Hills)
57 Forsyth St. N.W., Apt. 10H (Downtown)
1111 Oak Knoll Terrace S.E. (Lakewood Heights)
2479 Peachtree Road N.E., Apt. 1307 (Peachtree Hills)