Buying townhome in Windward area-- need suggestions (Alpharetta: townhouses, live)

[movetodallas]

Hi,

I am thinking of buying a townhome in winward area near exit 11 on 400. This townhome is close to walmart, target, costco and several companies.

What is the average rate per sq foot in this area ? Is 250-260K a good price for a 2 yr old townhome.... with 3/4 bedroom 2/3 bath?

Is this a good investment for a townhome bec of the companies in this area ?

How is this area in terms of safety?


Thanks.

[pellur]

I live near that area and for that money, you could get a SFH with basement. I know the area you are talking about and we live about 1.5 miles north of Hwy 9.

I am not against townhouses but I think SFH offer better clientele and resale value IMHO.

[Hermosa]

I agree, we were looking at townhomes also, I just liek the idea. But once we started looking, we found our money bought a lot more SFH in the same area. Hands down, the SFH will have better resale. I know a few of my friends are "stuck" with their townhomes and can't sell them, it's too bad because they are nice, priced right and in nice developments. If I knew I could sell it, I would be interested in buying one.

[Go Blue 99]

I agree- townhomes in Alpharetta don't have good resale value (I looked into buying one there). The issue is...townhomes are often targeted towards young professional couples without kids. Alpharetta is mostly families, so you are missing out on a lot of potential buyers.

Also, townhomes do well in areas where SFH's are much more expensive. Therefore, a townhome is seen as a stepping stone. Well, SFH's are not more expensive in Alpharetta.