U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Georgia > Atlanta
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 09-27-2015, 10:12 AM
 
14 posts, read 9,337 times
Reputation: 10

Advertisements

How bad is my resale value going to be? I live close to Emory.
Reply With Quote Quick reply to this message

 
Old 09-27-2015, 10:23 AM
 
533 posts, read 1,525,948 times
Reputation: 200
Probably pretty good actually, that area is hopping and there are tons of students (grad, med, etc that are there for 3-5 years), that will probably be looking when you are ready to sell.
Reply With Quote Quick reply to this message
 
Old 09-27-2015, 11:19 AM
 
4,256 posts, read 2,843,862 times
Reputation: 2799
Why would it be bad? Plenty of single people looking for places to live.
Reply With Quote Quick reply to this message
 
Old 09-27-2015, 12:04 PM
 
1,795 posts, read 2,111,161 times
Reputation: 1324
If you have an HOA, they may have rental restrictions.
Not good if you lose your job
Reply With Quote Quick reply to this message
 
Old 09-27-2015, 02:10 PM
 
14 posts, read 9,337 times
Reputation: 10
I guess I feel a little buyers remorse because I bought a 1 bed and didn't realize that 2 beds sell better until it was too late
Reply With Quote Quick reply to this message
 
Old 09-27-2015, 04:49 PM
 
1,387 posts, read 2,488,797 times
Reputation: 826
Quote:
Originally Posted by Emoryprofessor76 View Post
I guess I feel a little buyers remorse because I bought a 1 bed and didn't realize that 2 beds sell better until it was too late
I wouldn't worry too much...its a large 1bd in a good area. Its easy to second guess, but you bought in a good spot.
Reply With Quote Quick reply to this message
 
Old 09-28-2015, 07:05 PM
 
14 posts, read 9,337 times
Reputation: 10
Anyone have any experience buying/selling one bedroom condos?
Reply With Quote Quick reply to this message
 
Old 09-28-2015, 07:48 PM
bu2
 
9,015 posts, read 5,709,682 times
Reputation: 3558
Quote:
Originally Posted by Emoryprofessor76 View Post
I guess I feel a little buyers remorse because I bought a 1 bed and didn't realize that 2 beds sell better until it was too late
Probably best area for a 1 bedroom. Further from a university would be much stronger in favor of a 2 BR.
Reply With Quote Quick reply to this message
 
Old 09-29-2015, 09:24 PM
 
Location: EAV
62 posts, read 59,978 times
Reputation: 51
Area is ideal for a 1BR. I don't think you'll ever make a killing, but it should be reasonably safe buy.

Only real downside with a condo in that price range is that the HOA fees are such a percentage of the overall expense.

But it's also well below 2/1 3/2 house prices.

However, it's not uncommon for parents to buy their kids a condo (skip rent) when they go to medical school. I knew of 2 units like this in my old condo. They just got passed from one family to the next as the daughters were in med school.

At worst, it should make a decent rental property.
Reply With Quote Quick reply to this message
 
Old 09-29-2015, 09:25 PM
 
Location: EAV
62 posts, read 59,978 times
Reputation: 51
Quote:
Originally Posted by DaBurgh View Post
If you have an HOA, they may have rental restrictions.
Not good if you lose your job
True. The HOA may frown on rentals.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Georgia > Atlanta
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top