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What $250K buys in Atlanta right now

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This price point is long on inventory around town, but short on space

For this installment of Curbed Comparisons, we see what $250,000—give or take $10,000—buys around Atlanta right now.

At this price point, potential buyers will find a deep selection of available properties. However, those properties are segmented, with a majority of condos listed primarily downtown to points north. Head in the opposite direction, and available inventory skews toward single-family homes. In any case, these properties, with the exception of one listing, share one commonality: a lack of space, relatively speaking.

On Flat Shoals Road in East Atlanta, this two-bedroom, one-bath brick cottage features vaulted ceilings in an open floorplan. With 964 square feet, the 1950 home also has an updated bathroom, a fenced backyard, and storage shed. Plus, the listing claims it includes a “proven airbnb rental history” providing “immediate revenue.” Last sold in 2017, the home has had an up-and-down history on the market; it returned in May with an asking price of $255,000, which has since been reduced to the current ask of $248,500.


Located in Morningside - Lenox Park on Monroe Drive, this 1975 condo comes with two bedrooms and two bathrooms in 1,060 square feet. Inside, the “one of a kind” floorplan includes a glass-enclosed sunroom, upgraded hardwood floors, an updated kitchen, and a master bedroom complete with French doors that overlook the parking lot. Monthly HOA fees of $421 cover a swimming pool and “plenty of guest parking.” Asking price is $255,000.


In Niskey Lake in South Fulton, this 1951 ranch is outfitted with three bedrooms and two bedrooms in 2,250 square feet, making it the largest property in this group. The interior features an open floorplan with a double-sided fireplace, a beamed ceiling, and windows galore. Outside, a screened-in patio, stone barbecue pit, “entertainers yard,” and “man cave/she shed” compete for attention. The current asking price is $259,900.


Over on Parsons Street in Ashview Heights, this three-bedroom, two-bath home sports plenty of curb appeal, but it’s lingered on the market a while. Behind the green front door, the 1930 home has an open floorplan in 1,311 square feet with updated kitchen, hardwood floors, and updated bathrooms. The private backyard includes a new deck, although the yard itself needs some attention to match the front. Originally listed in November for $295,000, the property has popped off and on the market, and now has a current asking price of $249,999.


Near Central Park in Old Fourth Ward at Siena at Renaissance Park, this 1994 condo features two bedrooms and one bathroom in 893 square feet, making it the smallest home in this group. Recently renovated, it boasts an updated kitchen, new flooring, new lighting, new paint, and an updated bathroom. Although the listing doesn’t disclose HOA fees, research indicates they range between the high $300s and the low $400s per month. The current asking price is $255,000.

Poll

Which property is the best buy?

This poll is closed

  • 18%
    1842 Flat Shoals Road S.E. (East Atlanta)
    (102 votes)
  • 35%
    1445 Monroe Drive N.E., Apt. F4 (Morningside - Lenox Park)
    (193 votes)
  • 18%
    1711 Niskey Lake Trail S.W. (South Fulton)
    (102 votes)
  • 9%
    1019 Parsons St. S.W. (Ashview Heights)
    (53 votes)
  • 18%
    220 Renaissance Parkway N.E., Apt. 2124 (Old Fourth Ward)
    (101 votes)
551 votes total Vote Now