Nice areas to purchase under $140k in Atlanta (Marietta, Smyrna: for sale, real estate) - Georgia (GA) - City-Data Forum

atlcharm · 05-31-2009, 04:52 PM

Wondering if it is realistic to purchase a home in cobb county on this budget. I prefer a single family home but will accept a condo or townhome. My budget is $140k or less. Are there any nice areas in Cobb County where I can this budget will get me in a nice area. I don't want to pay to live in the ghetto. No offense. I know $140k is low that is why I came to this board. I'm pretty much priced out of Smyrna now and Acworth and Kennesaw is too far. I know that leaves Powder Springs, Marietta, Austell and maybe some parts of Mableton that are not yet considered Vinings. Any advice. I like Cobb County. I currently live in Fulton and pay high property taxes which I don't want to get stuck with anymore. Dekalb, I don't know. So yeah, just leaves Cobb. Oh and I would need 3+ Bedrooms or more for resale value. I know I just made it harder.

Edited:

On second thought please feel free to add any other areas does not have to be cobb as long as I can get something nice in a nice area for under $140k. I realize maybe there are hidden gems I don't know about in other areas. I just haven't seen much under $140k that is nice. I've seen nice homes under $140k but in undesirable areas.

Shagbark Hickory · 05-31-2009, 04:57 PM

Absolutely.
In my area of north gwinnett, that will get you a new townhome, new or late model ranch (now during the crisis) or even two stories that are foreclosure or desperate sellers. I don't know about cobb but I saw ads for a builder in the acworth area for new homes in the $140's.
Generally the farther out you go the lower the prices.

The property taxes in gwinnett are what I would consider reasonable if not a bargain by national average standards but just FYI, the taxes will be going up quite a bit. Not just here but everywhere.

atlcharm · 05-31-2009, 05:01 PM

Quote:

Originally Posted by Shagbark Hickory

Absolutely.
In my area of north gwinnett, that will get you a new townhome, new or late model ranch (now during the crisis) or even two stories that are foreclosure or desperate sellers. I don't know about cobb but I saw ads for a builder in the acworth area for new homes in the $140's.
Generally the farther out you go the lower the prices.

The property taxes in gwinnett are what I would consider reasonable if not a bargain by national average standards but just FYI, the taxes will be going up quite a bit. Not just here but everywhere.

Thanks Shag how far are you from the city? I'm not too familar with gwinett because I don't go out that way. What cities are in Gwinett county?

Shagbark Hickory · 05-31-2009, 05:23 PM

I am in unincorporated gwinnett in an area known as thompson's mill in between buford and dacula.
It's the only place in metro atlanta I would live but I don't have to commute to atlanta. I'm about 36 miles north of downtown. Wouldn't recommend living here with that commute.
They can't give the houses away though. Really nice houses that were listed for $240 two years ago and still not sold are going for $140 now. There are entire subdivisions of new unsold homes that have been foreclosed on. There is everything here from multi-million dollar estates to middle class subs to country cottage. One of the reasons I like it so much.

Minutes to the mall of georgia and I-85.

atlcharm · 05-31-2009, 05:26 PM

Quote:

Originally Posted by Shagbark Hickory

I am in unincorporated gwinnett in an area known as thompson's mill in between buford and dacula.
It's the only place in metro atlanta I would live but I don't have to commute to atlanta. I'm about 36 miles north of downtown. Wouldn't recommend living here with that commute.
They can't give the houses away though. Really nice houses that were listed for $240 two years ago and still not sold are going for $140 now. There are entire subdivisions of new unsold homes that have been foreclosed on. There is everything here from multi-million dollar estates to middle class subs to country cottage. One of the reasons I like it so much.

Minutes to the mall of georgia and I-85.

Wow! If I did not have that commute I would jump on it!!!!

David1502 · 05-31-2009, 05:55 PM

Smyrna has plenty of condos close to 285 which, in this economy, you could purchase for under $140K and are safe - For example check out the two complexes on Spring Rd. - Country Park and Country Walk. Remember, in real estate the principle is location, location, location and the Smynings area is a fantastic location quickly accessible to most of Metro Atlanta and yet is 5 minutes from Vinings Village and Smyrna Market Village. Try to stay east of S. Cobb and south of Spring Rd. if you can.

Georgia · 05-31-2009, 06:26 PM

You can pick up a condo in Atlantic Station for a steal nowaday, check on that. In town, walk to shopping, everything at your fingertips. Of course a 3 br will be a tad bit higher.

atlcharm · 05-31-2009, 08:00 PM

Thanks for the awesome recs everyone. By the way I found a website where you can search for condo/townhomes by price range in the Smyrna/Vinings area. Here it is: Smyrna Vinings Condos & Townhomes, Smyrna Condos & Townhomes, Vinings Condos & Townhomes | Smyrna Vinings Homes, Neighborhoods, Restaurants, Shopping, Events - SmyrnaVinings.com

If anyone knows of any other great sites let me know.

noah · 05-31-2009, 08:07 PM

Try Georgia Multiple Listing Service (search by zip code) or Real Estate, Homes for Sale & Real Estate Values - Zillow

Quote:

Originally Posted by atlcharm

Thanks for the awesome recs everyone. By the way I found a website where you can search for condo/townhomes by price range in the Smyrna/Vinings area. Here it is: Smyrna Vinings Condos & Townhomes, Smyrna Condos & Townhomes, Vinings Condos & Townhomes | Smyrna Vinings Homes, Neighborhoods, Restaurants, Shopping, Events - SmyrnaVinings.com

If anyone knows of any other great sites let me know.

atlantagreg30127 · 05-31-2009, 08:38 PM

Quote:

Originally Posted by atlcharm

Wondering if it is realistic to purchase a home in cobb county on this budget. I prefer a single family home but will accept a condo or townhome. My budget is $140k or less. Are there any nice areas in Cobb County where I can this budget will get me in a nice area. I don't want to pay to live in the ghetto. No offense. I know $140k is low that is why I came to this board. I'm pretty much priced out of Smyrna now and Acworth and Kennesaw is too far. I know that leaves Powder Springs, Marietta, Austell and maybe some parts of Mableton that are not yet considered Vinings.

Powder Springs has hit-and-miss areas these days, however, there are some town homes that are literally "tucked away" behind the town square, right next to the police department here called "Park Place Townhomes". They are higher-end units that when new, were in the $200,000 range if you got options (some even had elevators). However, due to lack of sales as the "bust" hit, I do know the prices have dropped considerably. It's literally in small downtown Powder Springs which is still a decent area, and you'd be able to walk to a few restaurants and shops (again, it's small), but within literally a few minutes drive you'd have the entire Hiram shopping area just West, plus all of the Powder Springs stuff within a 2 minute drive, as well as the Silver Comet Trail. I'm sure a realtor would be aware of any listings in that complex and if they've dropped to your price range or not.