I live in Kirkwood and I have lived on the Eastside for 10 years - townhome vs. house . . . before I suggest anything, it is far wiser for me to merely inform you and let you do what you want...
So there are over 400 single family homes for sale in 30315 and 16 - under $200,000.
There are only 100 condos, lofts or townhomes for sale in those zips, in comparison.
Under $200,000, you must be looking at foreclosures as a viable choice - over 50% of all FMLS listed sales in metro Atlanta last year, under $200,000, were foreclosed properties - REO, bank owned foreclosures.
13 foreclosures for condos, lofts and townhomes - 109 for single family.
So, that's a simple topline analysis for the submarket that you are talking about. Lets look deeper...
177 pending sales amongst all single family listings in the submarket - 16 pending condos, lofts and townhomes.
The average price for a pending sale of a condo, loft or townhome in the submarket, and 8 out of the 16 are foreclosures, is $57,000. The average size is 3/2/1 and the average year built is 2005.
The average price for a pending sale of a single family property in the submarket, and 88 out of the 177 are foreclosures, is is $50,000. The average size is a 3/2/1 built in 1959.
27 of the 177 pending single family sales is selling for more than $100,000.
If we eliminate the 30315 from consideration, amongst the single family homes, then the price average rises to $71,000...
By the way, Lakewood and Polar Rock ain't East Lake.
You do the math, and call me if my team and I can help you with the next steps.
Remember, "self-confidence is the first requisite to wise undertakings..."