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03-22-2009, 06:21 PM
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Senior Member
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Join Date: Jul 2008
Location: Augusta, GA ''The fastest rising city in the southeast''
1,129 posts, read 463,609 times
Reputation: 60
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Old Towne can offer urban living at its finest.
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03-22-2009, 10:02 PM
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Senior Member
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Join Date: Aug 2008
Location: (Metro Augusta) North Augusta, SC
246 posts, read 135,969 times
Reputation: 41
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Yeah Old Towne will help downtown with gaining residents
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03-23-2009, 11:27 AM
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Senior Member
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Join Date: Aug 2008
Location: West Augusta, GA
348 posts, read 205,525 times
Reputation: 32
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Becauuse of the kroc center and st. sebastian. Alot of old buildings were or are going to be tore down.
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03-23-2009, 12:49 PM
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Senior Member
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Join Date: Jan 2009
208 posts, read 85,803 times
Reputation: 15
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I wonder why Old Towne's home prices do not in any way relate to the White's building. A 3 bedroom 2 bathroom home in Old Towne runs from 75K to (maybe) 230K?
Cheapest 3 bedroom in the White's Building is what 250K?
Wonder how much Old Towne will rise in the future...
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03-23-2009, 01:19 PM
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Senior Member
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Join Date: Dec 2008
1,305 posts, read 646,929 times
Reputation: 129
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Quote:
Originally Posted by AugustaREGroup
I wonder why Old Towne's home prices do not in any way relate to the White's building. A 3 bedroom 2 bathroom home in Old Towne runs from 75K to (maybe) 230K?
Cheapest 3 bedroom in the White's Building is what 250K?
Wonder how much Old Towne will rise in the future...
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Well Old towne is a bit separated from the active part of downtown... which is broad street from 9th st up to 13th st...you have touy walk several blocks past some seedy establishments to get to where you want to go on Broad St, plus Old Towne is bounded on two sides by some sketchy neighborhoods... section 8 apts, etc.. so I think this just depresses its overall value. If the lower blocks of Broad between 5thst and Gordon Hwy can be developed more like the upper blocks then this will cause the value of Old Towne to rise. |
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03-23-2009, 02:34 PM
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Senior Member
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Join Date: Jan 2009
208 posts, read 85,803 times
Reputation: 15
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I agree with all the negatives you mentioned, but you would think we the very limited number of "nice" homes in Old Towne that they would command a premium. I guess the area I am referring to is Broad, Ellis, and Green : 5th, 4th, and ending at 3rd.
Even in that limited area there are maybe 30 homes that are 3+ beds 2+ baths, and have some updates. You would think the top 10-20 homes would be going for 200K+.
I know the pink house on the corner of Broad and 4th is listed for sale at 230K, but it has not sold for that price yet...
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03-23-2009, 02:47 PM
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Senior Member
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Join Date: Dec 2008
1,305 posts, read 646,929 times
Reputation: 129
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Old Towne is definately a bargain.. and I don't think those prices will last.. but downtown is still very much in the early stages of gentrification.. So I think demand is going to increase and prices will rise in the future.
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03-24-2009, 10:55 AM
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Senior Member
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Join Date: Jan 2009
208 posts, read 85,803 times
Reputation: 15
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I would give Old Towne 5 years... by that time hopefully some gov projects would have at least started downtown, Christ Community Church will be up and running on Greene St, and the overall economy would be on the way up.
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03-30-2009, 04:00 PM
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Senior Member
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Join Date: Aug 2008
Location: Downtown Augusta Broad st. ''Artist Row''
222 posts, read 107,865 times
Reputation: 21
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ST. Sebastian has aready started downtown. What other govt projects are planned for downtown. Gilbert manor is being knocked down to make way. For the MCG new medical school, dental school, and medical commons.
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03-30-2009, 04:20 PM
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Senior Member
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Join Date: Dec 2008
1,305 posts, read 646,929 times
Reputation: 129
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Quote:
Originally Posted by barii
ST. Sebastian has aready started downtown. What other govt projects are planned for downtown. Gilbert manor is being knocked down to make way. For the MCG new medical school, dental school, and medical commons.
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Getting rid of Gilbert Manor will be a big boost to the area. Instead of warehousing the poor in institutional looking barracks.. it is much better to have them living in real homes that they have a stake in through partial ownership. |
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