Next Hot InTown neighborhood (Atlanta, Roswell: renting, lofts, crime)

[cwkimbro]

I have a personal interest in Capital views success... it is where my great grandad lived (well capital view manor) and he never moved out and we still own the house...

but I dont think its next in line, even though ive seen some subtle improvements over the years... I think it is more like 2 or 3 in line. I think further progress on the Beltline will improve things, but the area around it just has some very cheap, small, and rundown housing stock that will always affect the area, especially the older neighborhoods where factory workers use to live just north of capital view.

[cqholt]

but what surrounding neighborhoods are gentrified ?

Poncey-Highland which borders Old 4th Ward to the north and Sweet Auburn. Both neighborhoods have good access to transit and that will increase the appeal.

[BobKovacs]

Originally Posted by cqholt

Poncey-Highland which borders Old 4th Ward to the north and Sweet Auburn. Both neighborhoods have good access to transit and that will increase the appeal.

Maybe I'm missing something, but I don't see that area as really being "gentrified" quite yet. I visit Virginia Highlands for lunch fairly often, and will sometimes come up North Ave to Moreland to get to Highland Ave, and the area back there is still pretty ratty, IMO. Granted, there are some decent businesses along Ponce, but the housing stock I've seen is still pretty rough. If I'm missing something, please feel free to point it out to me.

[JPD]

Originally Posted by BobKovacs

Maybe I'm missing something, but I don't see that area as really being "gentrified" quite yet. I visit Virginia Highlands for lunch fairly often, and will sometimes come up North Ave to Moreland to get to Highland Ave, and the area back there is still pretty ratty, IMO. Granted, there are some decent businesses along Ponce, but the housing stock I've seen is still pretty rough. If I'm missing something, please feel free to point it out to me.

North Avenue is not the least bit ratty (except near Boulevard, which is not Poncey Highland). What area, specifically, are you referring to?

[arjay57]

Originally Posted by BobKovacs

Maybe I'm missing something, but I don't see that area as really being "gentrified" quite yet. I visit Virginia Highlands for lunch fairly often, and will sometimes come up North Ave to Moreland to get to Highland Ave, and the area back there is still pretty ratty, IMO. Granted, there are some decent businesses along Ponce, but the housing stock I've seen is still pretty rough. If I'm missing something, please feel free to point it out to me.

Poncey-Highland is pretty ritzy these days. According to the neighborhood association:

Housing trends:
Sales of new homes: 161, up 14%
Sales of existing homes: 330, up 6%
Median sales price of new homes: $350,000, up 14.6%
Median sales price of existing homes: $371,600, up 2%

We have some good friends over there who've done major ($300K) renovations to their homes so they could stay in the neighborhood. There are plenty of homes that would probably fetch close to a million.

It's one of the most walkable areas in the city and I love the fact that you can walk to so many great restaurants. The schools over there are highly desirable and bursting at the seams. They've got Freedom Park right there and are within a mile of Piedmont and Candler Parks. If I'm not mistaken that area is going to be one of the first to benefit from the Beltline.

[aries4118]

Originally Posted by arjay57

Poncey-Highland is pretty ritzy these days. According to the neighborhood association:

Housing trends:
Sales of new homes: 161, up 14%
Sales of existing homes: 330, up 6%
Median sales price of new homes: $350,000, up 14.6%
Median sales price of existing homes: $371,600, up 2%

We have some good friends over there who've done major ($300K) renovations to their homes so they could stay in the neighborhood. There are plenty of homes that would probably fetch close to a million.

It's one of the most walkable areas in the city and I love the fact that you can walk to so many great restaurants. The schools over there are highly desirable and bursting at the seams. They've got Freedom Park right there and are within a mile of Piedmont and Candler Parks. If I'm not mistaken that area is going to be one of the first to benefit from the Beltline.

And Jane Fonda use to live in the neighborhood until recently...

[BobKovacs]

Originally Posted by JPD

North Avenue is not the least bit ratty (except near Boulevard, which is not Poncey Highland). What area, specifically, are you referring to?

I just looked at the map. Maybe I'm on the wrong side of Moreland, behind Foxx Brothers, specifically.

[arjay57]

Originally Posted by BobKovacs

I just looked at the map. Maybe I'm on the wrong side of Moreland, behind Foxx Brothers, specifically.

That's not Poncey-Highland. To me that would be more in the Inman Park or Candler Park neighborhoods, both of which are thoroughly gentrified and quite pricey.

[BobKovacs]

Originally Posted by arjay57

That's not Poncey-Highland. To me that would be more in the Inman Park or Candler Park neighborhoods, both of which are thoroughly gentrified and quite pricey.

That's really odd, then, because there's some pretty beat up stuff back there, and having that train line to stare at on Dekalb in pretty unappealing.

[arjay57]

Originally Posted by BobKovacs

That's really odd, then, because there's some pretty beat up stuff back there, and having that train line to stare at on Dekalb in pretty unappealing.

You'd be surprised, though. Those places along DeKalb Avenue are very popular.

In my opinion trains are kind of a mixed bag. Some people hate them, yet they wind all through some of the most exclusive real estate on the planet. Personally I sort of like them.