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three years ago, he has seen a major increase in interest from prospective homebuyers in the
small neighborhood. He reported that in the past year there have been several remodels and a
couple of new constructions.
Crick added that the BeltLine has been a transformative
force for many neighborhoods around Atlanta and Berkeley
Park is no exception. “The BeltLine is projected to run
along the southern boundary of Berkeley Park,” he said,
“and though it’ll probably be several years before it’s
completed, many businesses — like Urban Tree Cidery
— have made Berkeley Park their home in anticipation
of the opportunity the BeltLine will bring.”
He’s also looking forward
to other developments and
improvements in the area,
including the completion of
Westside Park and the resurfacing
of the Howell Mill corridor. “The
addition of bike lanes, sidewalks and crosswalks will
make Berkeley Park much more pedestrian friendly,”
he said.
“Every month I see new faces eager to take part
in making their new community a better place,”
Crick said. “I see Berkeley Park transforming from a
beautiful, but often overlooked neighborhood, to a
thriving urban village that combines the quaintness
of a small neighborhood with the excitement of an
urban lifestyle.”
Urquhart reported that, overall, real estate in
Westside and West Midtown is “going gangbusters.
We listed a 100-year-old home in Howell Park that
needed a lot of repair and restoration, and it sold for
$60,000 over the asking price.”
Hinote predicted that as more retail and
restaurants come in and housing remains affordable,
young professionals will flock to the area. “I think the
proximity to Downtown, Midtown and the whole
‘cool factor’ of West Midtown is attracting true urban
dwellers, from millennials to empty nesters who still
crave the city vibe,” he said.
There are specific hot spots that are bringing in
homebuyers. “I think that West Highlands is very hot, especially with its proximity to Westside
Park,” Hinote said. “It’s a place where you can get a new home, located close to Downtown,
Midtown and West Midtown for under $400,000. That’s hard to find these days.”
Reed mentioned several other neighborhoods that are attention grabbers. “Right now,
the historic Howell Station neighborhood, with homes ranging from $300,000 to $475,000,
is happening due to its proximity to the BeltLine and Bellwood Quarry,” he said. “Westside
Station, a brand-new community of homes from $429,000 to $599,000 is on fire right now. It
offers a variety of new construction housing options from single family detached to townhouse
style housing.”
Another neighborhood
that’s happening, according
to Reed, is Riverside, where
single family homes from
$179,000 to $450,000 are
available. He added that
a plethora of apartment
buildings are in Westside and
West Midtown, and more are
being built to accommodate
potential residents who prefer
to rent or want to try out the
area before buying a home.
Hinote advised millennials
to consider purchasing rather
than renting, however. “I
think that now is the time to
invest in the West Midtown
area,” he advised. “I believe
prices will continue to rise and
equity in a purchase is going
to rise as well. When I was 27,
the equity that I gained in my
first home was life changing
when I went to sell just two
years after purchasing.”
From the Westside
vantage point, the future looks
bright. The area’s access to
prime neighborhoods, parks,
restaurants and the BeltLine
will continue to draw more people from around the metro area, as well as those relocating from
other metropolitan areas. Qi]
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Christopher Burell, Managing Broker | Equal Housing Opportunitiy. All information contained herein is deemed reliable but not guaranteed.
Shane Thomas
Associate Broker
Benefiting
c: 404-547-1551
SHANETHOMAS@ANSLEYATLANTA.COM
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