BEST ANSWER
FIRST ANSWER
Smyrnabuyer,
It has been a popular neighborhood. A lot has to do with it's location right behind West Village. And it's a good price point for new construction in the area. Most new construction that has been in Smyrna in the couple years has been more in the $500-$600K range.
In terms of schools, I think everyone will admit that Smyrna schools don't rank as the best, but that has not hurt home appreciation as Smyrna has done so many other things right that buyers are very attracted to the area. Smyrna did a $25 million bond deal in 2005 to add additional parks and improve existing ones, the Silver Comet Trail starts here, there are some great restaurants and shops at Smyrna Market Village, West Village, Ivy Walk and the Vinings Village and there is a real sense of community.
Check out all the local events, particularly the summer concert series on the Smyrna Village Green and you'll find why people come here. And to top it off, it's a very convenient location. Easy access to the highway and decent commutes to Perimeter, Buckhead, Midtown, Downtown and the airport.
Depending on your price point, you may be able to take advantage of other new construction in the area, where the builders have struggled. There are a couple developments that are doing short sales on their construction loans. And it's not the nightmare short sales that you may have heard about. Builder short sales move very quickly.
In terms of the Registry at Park Avenue, homes have sold between $350-$450,000 in there.
http://www.smyrnavinings.com/registry-at-park-avenue/
I have worked with Pulte before. If I can be of assistance in your Smyrna real estate needs, feel free to give me a call. It's important to see what your options are and to get a better feel for the market, this gives you the perspective necessary to make a solid home purchase.
Aaron Hofmann
Local Market Expert
Keller Williams Realty Cityside
770-653-9601
aaron@SmyrnaVinings.com
Fri Oct 9 2009, 09:42