If you live in one of Georgia’s hottest housing markets and are thinking about relocating, you could be in for a nice surprise when you list your home for sale. Homes in these areas are in high demand, and the value has risen accordingly.
But to get the best bang for your buck, make sure you work with a qualified and experienced realtor. One with a Georgia real estate license is a must-have to ensure that the process goes smoothly, for both buying and selling.
Waiting for a hot market is another important tip, and if you own a home or property in the following neighborhoods or suburbs, now is the time to act!
Atlanta’s Growing Suburbs
RE/MAX Georgia released a list of the fastest growing Atlanta suburbs earlier this year:
- Smyrna, located to the northwest of Atlanta. According to RE/MAX, sale prices rose 10 percent from 2015 to 2017, and the area is attracting young buyers who want to stay close to a bustling city while enjoying the sprawling, open feeling of the suburbs.
- Alpharetta is only half an hour’s drive to Atlanta and serves as an upscale, urban environment for people who want to get away from the hectic nature of the city without leaving behind its luxuries. Buyers continue to flock to Alpharetta and the sale prices are holding steady at over $350,000.
- Chamblee is located within the I-285 corridor with close proximity to I-85, making it just a 20 minute drive to the heart of downtown Atlanta. Location is just one of Chamblee’s appealing aspects. The city aims to have an “international flair,” and homebuyers are loving its atmosphere. According to RE/MAX, in 2016 the average home in Chamblee was on the market for just 25 days.
- Cumming is a 50 minute drive from the city and is located a stone’s throw away from Lake Lanier, perfect for weekend fun. The properties are larger and more affordable than suburbs closer to downtown Atlanta, and the family-friendly activities like the water park and fairground, plus the high-ranking schools, make Cumming a no-brainer for young families. Home prices have been rising steadily since 2015.
Hotspots in Athens
Atlanta isn’t the only Georgia city to be enjoying a buzzing housing market. Homes in Athens have also been increasing in value thanks to an increased demand. In particular, the Forest Heights neighborhood is an attractive option for first-time buyers at an affordable median price of $185,000 according to Realtor.com. Other areas of Athens with houses available include Normaltown, Tanglewood and Boulevard.
Savannah’s Valuable Neighborhoods
Finally, gorgeous Savannah, Georgia is unlikely to ever go out of style. Known for its beautiful historic architecture, newer homes are also in demand thanks to Savannah’s enviable location on the coast, with Tybee Island and Hilton Head Island easily accessible for a day trip. The area’s vibrant tourism industry means there are numerous jobs available, entrepreneurship opportunities, and plenty of activities to do with your family, without the added cost of travel.
Green Island, Whitemarsh Island, Wilmington Island and Riverside are just a few of the popular areas located between the town and the beach. And downtown Savannah, with its picturesque antebellum-style buildings, also has experienced a thriving real estate market, with retirees and young families alike.
As the saying goes, it’s a seller’s market! If you live in these areas and have been thinking about moving, now’s the chance to cash in on your property. Contact a realtor today to get started.