Good for you if you deliberately sat out the summer madness that is inherent in the current housing market. If you’re serious about buying a home, you’re hopefully about to save a huge gob of
Reynoldstown Homes Are Hot Hot Hot
Two years ago I would not dare say Reynoldstown homes are HOT HOT HOT! What used to be an area of dilapidated homes, unwanted visitors strolling up and down the streets, and an overall uneasy feeling of the area is true no more! The Reynoldstown housing market has been on fire over the past 1 1/2 years thanks to the Beltline that soon will be built through the area and other commercial construction happening around the area. If you haven’t taken a look at Reynoldstown or considered Reynoldstown as an area for your future home, let me give you a brief summary of what makes Reynoldstown homes so Hot HOt HOT!
Proximity to Intown Areas & The Beltline!
Reynoldstown is almost in the thick of all the other great intown locations of Atlanta. It is within close proximity to Cabbagetown, East Atlanta, Edgewood, Candler Park, and Inman Park. Plus, MARTA stops right into Reynoldstown, so commuting is easy peasy. Another perk, Reynoldstown is just across the street from the Edgewood Shopping Center, so running errands is just steps away!
And oh yes, the Beltline project is FINALLY expanding into Reynoldstown. The new addition of the EastSide Beltline project has just started to work on the newest section which will run from Irwin Street to Kirkwood Ave and it’s expected to take 1 year to complete.
Speaking of attractions, one cool place to hang out (especially for those who have pups) is to go hang out at Park Grounds…..it’s a chill place to spend the day with your pup and have coffee, breakfast/lunch, or an afternoon drink!
Mixture of Bungalows, New Construction, Tear-Downs, and More
Many of the streets in Reynoldstown are fairly narrow, but I think that is what gives this neighborhood its charm. The area is rapidly changing in terms of homes, with new construction or renovated homes happening all over. You can find a range of bungalows, new townhomes and condos (at Moda Reynoldstown), contemporary homes, and there are still plenty of fixer uppers. You’ll have to be quick though to buy something in this area (as with almost any other intown area these days). The median days on market in the past 6 months has only been 11 days. The average sales price increased by 24% from 2014 to 2015 and currently is up 13% from 2015 to 2016. The average sales price is right around $350K, but expect to pay in the $400’s for newer, updated homes. You can still grab a fixer upper for under $200K, however.
To see a complete list of all available homes for sale in Reynoldstown, CLICK HERE.
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