Home Buying in Alpharetta>Question Details

cahall7, Home Buyer in Marlton, NJ

Will single homes in Alpharetta, Ga increase in value?

Asked by cahall7, Marlton, NJ Sat Oct 26, 2013

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No one has a crystal ball, but based on the factors that bring value to properties, Alpharetta has them all: great schools, high socioeconomic level, population with high levels of education, good infrastructure and great location. The Alpharetta/Johns Creek/Milton areas have experienced a higher level of recovery since the uptick started in 2012 and it is my prediction, that this will continue and that this area will expect higher than National and State levels of appreciation in the next year.
0 votes Thank Flag Link Thu Feb 12, 2015
I suspect that Scott was speaking in about as general terms as possible - the data simply does not support that and I know no appraiser - especially one as experienced as Scott - is going to plant a flag on anything specific like that.

There are far too many variables for him or any one else to drop in broad statements like that
Web Reference: http://www.hmtatlanta.com
0 votes Thank Flag Link Sat Nov 30, 2013
3% is an average that Scott Murphey with D.S. Murphy Appraisals gave to me. Of course this is an average and some months were greater an some smaller. You as a professional know this market is always changing! Makes it an exciting time to be in Real Estate :)
0 votes Thank Flag Link Wed Nov 27, 2013
3% a month? Based on what? Alpharetta spans two MLS areas and shares several zip codes. Chartmasters is a good overview but I hope that's not the only source....and Case-Shiller is far to broad.

We might need to know where in Alpharetta, characteristics of the home, price range, conditon.....in this business we should refrain from making authoritative statements when asked generic questions

And before answering it might be good to review the data a little more closely, especially zips 30005, 30009 and 30022 -


As for future expectations, every market fluctuates but Alpharetta has a strong record over the years.
Web Reference: http://www.hmtatlanta.com
0 votes Thank Flag Link Wed Nov 27, 2013
We have seen a value increase of about 3% a month this year through September. It has reached a leveling ground currently but we expect it to continue to climb in 2014.
0 votes Thank Flag Link Tue Nov 26, 2013
Housing in the Alpharetta area is desirable, in strong demand, and the population continues to grow. One could only speculate an answer to this based on other assumptions about future economic conditions. My guess is yes!
0 votes Thank Flag Link Sun Nov 10, 2013
If the past is an indicator of the future, yes.


Weekly stats by zip cod
Web Reference: http://www.hmtatlanta.com
0 votes Thank Flag Link Tue Oct 29, 2013
There is no way that anyone can accurately predict an increase or decrease in value. Alpharetta has generally always been a rather strong area. Of course, you are always going to have some areas of town with better appreciation than others.

If you are looking to purchase a property, working with a knowledgeable and seasoned loan officer is critical in today's market. Getting Pre-Qualified is the only way for you to find out your mortgage options. To get Pre-Qualified for your purchase, you can submit your request online at http://www.rodneymason.com to get started.

Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of mortgage lending experience.

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203(k) Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle® Renovation | VA | USDA | GA Dream | Jumbo Financing.
0 votes Thank Flag Link Tue Oct 29, 2013
Knowing Alpharetta and it's potential I would say YES but of course I cannot guarantee it...

Laquita Baez
Better Homes and Gardens Real Estate Metrobrokers
404.843.2500 office
973.687.7095 cell
0 votes Thank Flag Link Mon Oct 28, 2013
Yes, Yes, Yes.
Great place to live!

Isabel Elsesser, Residential Specialist
First United Realty
Save Time & Money!
Direct 770-307-8751
Full Service R.E. Pro
Full Time from 1993-2013
0 votes Thank Flag Link Sat Oct 26, 2013
Of course there is no way to predict home values in the future, but I will say that I have lived and worked in Alpharetta for 25 years and it is one of the premiere towns to live in around the metro Atlanta area. It is a hub for major corporate headquarters and regional operations, has excellent public and private schools and has shown significant growth during those years. It has future plans for continued growth of the city with services and major retail and mixed use developments, so it is a great place to live and work.

If you are thinking about moving here I would be happy to help you with your transition. I work with many families that relocate to the metro area and have many resources and experience over and above just finding housing that can help you with the move.

Rick Musto, Realtor®, ABR®, SRES®
Managing Broker
Buckhead Home Realty
Serving the Atlanta Metro Area
Cell: 770-480-7699
Work: 404-419-1004
Fax: 770-783-3119
0 votes Thank Flag Link Sat Oct 26, 2013
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