Value - as in the best purchase prive now? or best area for gaining equity? All intown neighborhoods are great. As I don't want to appear to put area down by promoting another, it might be best to email me directly and I'd be happy to share my intown insight. Certain streets in Capitol View Manor and even Chosewood have an awesome downtown view. Look forward to hearing from you - as there was a major announcement in an intown neighborhood today.
Ramiro Garcia - Your Intown and Grant Park real estate agent
In Summerhill you can definitely find a good size home, with a city center location. Just be aware that there has been a lot of mortgage fraud that has taken place in the neighborhood over the last 5 or so years, and therefore there will continue to be a lot of short sales and foreclosures continuing to control the neighborhood's market (now & for years to come). If you choose to purchase in Summerhill you should plan on holding onto the property at the very least 5 years, but probably more like 7-10 years. At that point hopefully the mortgage industry will be straightened out, the neighborhood will be more established, and you'll see a nice return on your investment. If that time frame seems too long, consider neighborhoods like Edgewood, Kirkwood, Howell Mill, and Reynoldstown... you might pay a bit more, but they're all transitioning and appreciating much more quickly.
If you have any additional questions or need any advice, please don't hesitate to contact me directly!
Sarah Turner, Realtor
Sanctuary Real Estate
Where specifically inn Summerhill? The area between Georgia Ave and Fulton St is very different from Georgia Ave South to Atlanta Ave. Old row house? new construction? Even a nice house or townhouse near the parking lots can be a hassle, unless you just love the Braves Fireworks. Could be a good area to invest in if the price is right (of course), but the schools are not as advanced as Grant Park proper.
Just curious, what's putting Summerhill on your radar to begin with?
If I cared about the Braves, I would just buy some property like one of those John Weiland 1990's era townhomes and have it for games.
I think that over 50% of the listed real estate in Summerhill is overpriced.