Cornerstone Village still continues to be the “value leader” when it comes to buying a Midtown Atlanta condominium. Right on Peachtree Street and walking distance to everything, including GATech….you can’t beat it! Let’s look at the Midtown Atlanta Market Report for Cornerstone Village April, 2012.
A year ago, there were numerous homes for sale in Cornerstone Village in foreclosure and some sold in the $50,000 range. Prices are moving up with only one foreclosure now listed at $77,000. There are 6 homes listed as Active, from $248,000 down to the $77,000 foreclosure.
2 homes are Pending Lender Approval, a 1-bedroom at $75,000 and a 2-bedroom at 167,500. Three homes are Pending Sale averaging around $87,900.
In April, 2012 2 homes sold at an average of $76,000. In April, 2011, 3 homes sold. The average sales price for a 2 bedroom was $149,000 and a 1-bedroom averaged at $74,000.
Cornerstone Village is still one of the best and least expensive condo living options for parents of GATech students looking for off-campus housing options. One would be hopeful that if you purchase at some of these low prices, give your student 4-5 years to get through school, that you should be able to see some profit from the sale at the end of that period. (No crystal balls here, though!)
Visit the Cornerstone Village Community Page for more information about this Midtown Atlanta condominium community!
If you would like more information about owning a Cornerstone Village home, contact us for all the details about Cornerstone! We’ve been selling Cornerstone Village for 6 years!
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(all data current as of 11/30/2022)
Data last updated: 11/30/22 3:09 AM PST.
Walk Score provided by walkscore.com.