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re: Atlanta home buying

Posted on 1/27/22 at 9:29 am to
Posted by CharlieTiger
ATL
Member since Jun 2014
780 posts
Posted on 1/27/22 at 9:29 am to
quote:

We bought our house in January 2017 and it's estimate is now up 54% from when we bought. Like you said, be great to sell but what the hell are you going to get that doesn't eat it right back up.


Yep. Whatever you sell for, it'll get wiped away by everything else increasing too.

I'm in city of Decatur and we have a few older houses on our street. Our neighbor sold their 980 sq foot house last fall for $395k, so basically $400/sq ft.

We tore ours down and rebuilt about 6 years ago. That put ours so high I thought about selling, but we don't want to leave COD and everything else was just going to cost that much more. Basically any 4 bedroom house, if you can find one, is close to, if not over $1MM.

As for the OP, definitely try to live close to your office. Even with lots of people still working from home, traffic is a grind. I can't imagine what it will be like when more and more start going back, if they ever actually do.

I work in downtown, so my commute isn't bad, but I've been at home ever since covid hit. It used to still take me 30 or so minutes to get to the office some days.
This post was edited on 1/27/22 at 9:36 am
Posted by AU9377
Georgia
Member since Jan 2017
133 posts
Posted on 3/2/22 at 1:36 pm to
quote:


I'm in city of Decatur and we have a few older houses on our street. Our neighbor sold their 980 sq foot house last fall for $395k, so basically $400/sq ft.



A sucker is born every day. I am glad your neighbor found their's. LOL
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