I do agree with Cindy about the fact that Target doesn't build new buildings unless they see a growth area. You know Windward, you've seen how it's changed even over the past 3 years...even Costco is there now! And, from what I understand, Kohl's is supposed to go into the space across from the new Target. Further south on Highway 9 is new retails centers and the refurbishment of the old Ingles shopping center too. I don't think we've "boxed out" certain buyers...I think we've made it more attractive to people who want the convenience of all shopping (grocery and beyond). And don't forget, Alpharetta (especially Windward) is a major work center in Atlanta...major kudos here!
I can't tell you in this market that it raise the price of your unit, but that factor alone certainly shouldn't hurt it. The other things to be mindful of are the condition and upgrades of your particular unit and the location within the community i.e. do you back to the road, another unit, greenspace etc. I would also be mindful of any foreclosures in the community as well as the number of rentals vs. owner-occupied units. These are just a few of my thoughts. - Fri May 2 2008, 12:06