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Unfinished Atlanta moderns are listing with pre-sale status, called chances ‘to edit’

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Amid coronavirus concerns and wobbling market, intown neighborhoods are dotted with pre-sale listings

A large modern home with an entry from the side and two garage slots.
Edgewood’s 1527 1st Street NE is for sale at what’s estimated to be 60 percent completion right now.
Southeastern Home/GAMLS

Even in the most robust economic climates, it’s not uncommon to spot home listings in Atlanta with kitchens that aren’t quite ready for dinner parties, master bathrooms not fully realized, or mere plans for houses that don’t exist yet at all.

Locally, fresh home listings have hardly slowed down as novel coronavirus restrictions conflict with the hot spring selling season, but what has changed this week is the prevalence of unfinished pre-sale offerings, now spanning popular intown neighborhoods.

Three incomplete modern houses in Edgewood, for example, are being offered as chances to “change, edit, make it yours.”

They range from 60 to 75 percent complete, according to Southeastern Home marketers.

We’ve reached out to the agent who represents all three properties regarding the logic for listing all right now but had yet to hear back as of press time.

The Edgewood moderns might be unfinished, but they’re hardly fire sales, with asking prices between $739,000 and about $775,000.

Only two other houses in Edgewood are currently listed for that much or more.

A large modern house with wood and stucco facades.
Edgewood’s 49 Montgomery Street NE. “This house has curb appeal with its extremely sleek exterior,” reads the listing. “Plus, it is a large home with modern features inside yet to be seen.”
Southeastern Home/GAMLS

The priciest among the pre-sales, estimated to be 65 percent complete, is being offered at 36 Mayson Street in Edgewood for $774,900.

Other examples have come in recent days with a $499,000 new shotgun in Cabbagetown from Solid Source Realty and a $579,000 traditional in Grant Park estimated at 80 percent complete, also marketed by Southeastern Home.

Meanwhile, a trio of moderns on Summerhill’s Fraser Street also carries pre-sale status in the low $600,000s, as posted this week with All Atlanta Properties.

A blue and light blue modern house in Atlanta’s Summerhill neighborhood.
769 Fraser Street SE seeks $604,900 in Summerhill.
All Atlanta Properties