I have a few stories to tell about Adair Park, including "hey Lee, when were you the most scared, ever, when carrying out your duties as a Realtor?"
OK - full disclosure, I was actually cutting through Mechanicsville to get to an Adair Park - Catherine Street property and Rockwell Street was rocked, quite well, that sunny Sunday morning last October.
When I say ROCKed well, lets just say that about 20 people in the street at 9am, all ROCKed well was a little hard to drive through.
If you don't know, then you don't know.
Lucky for me, I'm always housin' so I passed through with a gentle parting of the multitide.
The neighborhoods that became a hit in the late 1990's for many, many cool people - Adair Park, Perkerson Park, Sylvan Hills, and Capitol View are all suffering from "disinvestment." The scourge of amateur real estate investors really hurt these neighborhoods in the past 3 years. 30310 is Georgia's highest foreclosure zip code.
Regardless, for affordability, and sometimes remarkable architecture, I love some of the houses in these neighborhoods.
It's a street by street, neighbor by neighbor choice to make a primary residence investment here, but I highly recommend it to value-minded first time buyers.
I would not recommend paying more than $150,000 for any property in Adair Park at this time.
I would look for a $100-125 diamond in the rough, all brick on at least 1/3 acre with private parking options and as much distinct security and exclusivity features as possible.
Call me if you want to talk to me about the next steps.