Atlanta Condos For Sale

What’s My Cornerstone Village Condo Worth September 2016 Update

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What's My Cornerstone Village Condo WorthCornerstone Village has long been a “value” option for Midtown Atlanta condo buyers! This is due in part to the community being divided up into 4 buildings, and not having a 24 hour concierge. But, if you purchased in the building post housing crash, then you may be amazed at What’s My Cornerstone Village Condo Worth?

What’s My Cornerstone Village Condo Worth?

As you can see from the report below, that 1 bedroom condo that you may have got for as low as $60,000 out of a foreclosure sale…is now worth $155-168,000!!! Cha-ching!

And the prices of two bedrooms have hit we think an all-time high for this building! You can see a sale this month at $332,000 and on listing for a two bedroom at $339,000. (We have clients that paid $170,000 for a 2 bedroom!)

What's My Cornerstone Village Condo Worth

Cornerstone Village has been a popular choice in the past for parents of GATech students! But with the increase in prices in this building, it has quickly become less of an option for them to consider.

Have You Been Thinking About Selling Your Cornerstone Village Condo?

While this information can be helpful in making that decision, there is no better way than to just sit down across the dining room table and talk about the market, our marketing strategy and how we can help you get your condo SOLD! If you are thinking about selling your Cornerstone Village Condo, give me a call at 770.713.1505. I’d be happy to meet with you and answer any questions you may have.

We have been selling Cornerstone Village since 2006!! We KNOW Cornerstone Village!

What's My Cornerstone Condo Worth

What’s My Cornerstone Village Home Worth? September 2014 Update

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While prices have certainly gone up, the seem to have stabilized this month at Cornerstone Village. But if you were fortunate to have purchased during the down market, or a 2 bedroom last year, you’ve seen some incredible price appreciation!

What’s My Cornerstone Village Home Worth?

 

Cornerstone Village Condos For Sale

 

ACTIVE LISTINGS (6)

  • Four 1 Bedrooms ranging from $129,000 to $145,000 ($129 is a short sale)
  • Two 2 Bedrooms listed at $210,000 and $229,000

PENDING LISTINGS (UNDER CONTRACT) (2)

  • Two 1 Bedrooms at $140,000 and $174,500

SOLD (3)

  • Three 2 Bedrooms at $208,500, $235,000 and $239,000. Note that two of these homes sold in less than 30 days and ALL of the homes sold at 96% of List Price.

In comparison, in September 2013, there was only one 1 Bedroom sold for $122,500. The dramatic difference in prices is found in 2 bedrooms. A like floor plan of those sold in 2014 sold in 2013 for $170,000. And it was not a distressed sale!

Cornerstone Village represents the best condo value in Midtown to be right on Peachtree Street, close to Georgia Tech and many restaurants.

Search Cornerstone Village Homes For Sale Here

What’s My Cornerstone Village Home Worth? Want to know what your Cornerstone Village condo could sell for?

Get Your Complete and Accurate Home Value Report HERE

 

 

Midtown Atlanta Market Report | Cornerstone Village December 2012

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Midtown Atlanta Market Report | Cornerstone Village December 2012

 

Cornerstone Village was one of the busier Midtown Atlanta condominium communities in December. Between Active Listings and homes Under Contract, and Solds, there were 18 homes with “activity.”

 

Market Reports for Cornerstone Village

 

A detailed look at the activity in Cornerstone Village for December shows:

  • Eight 1-Bedroom Homes Listed For Sale from $73,000 – $135,000
  • One 2-Bedroom home Listed For Sale at $189,000
  • 8 Homes Under contract with an Average List Price of $90,500 for traditional sales and $104,500 for short sales. (Will be interesting to see how these homes close out once the short sale process is completed)
  • ONE home Sold in December at $76,500

This compares to 2011 when there were SIX homes that sold:

  • 1- Bedroom Average Sales Price $73,000
  • 2 Bedroom Average Sales Price $187,500

 

Cornerstone Village still leads the way in the value-priced options for Midtown Atlanta condo living. You have a Peachtree Street address, and most of the amenities of other condo buildings. The unique layout of the community (4 separate buildings) does not allow for a central lobby with a concierge, but all buildings have secured access via key fobs/cards.

Cornerstone Village is also the closest condo building to GA Tech with great prices for students and parents looking for off-campus housing options.

You can learn more about Cornerstone Village by clicking here.

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Georgia Tech Condos Under $100,000…Going, Going…ALMOST!

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Midtown Atlanta Condo Inventory and PricesDespite what you might hear on the news, real estate is moving. And priced right real estate is moving even faster.  And if you are looking for a Georgia Tech Condo Under $100,000, you better look, and buy fast!

In December, 2011, the average Sold Price for a 1 bedroom at Cornerstone Village was $73,000. In December, 2012, the Average Sold price had inched up to $76,500. But, there were four 1-bedrooms Under Contract at an Average List Price of $90,500.  That is an increase of 15-18% in the price. (Keep in mind LIST price and SOLD price will be different)

In looking at the year 2012 compared to 2011, the OVERALL Average List price was $121,784 and the Average Sales Price was $108,561. Compare those number to 2011, when they were $106,895 and $92,941.

If you’ve been considering a real estate investment for your GATech student to live in while they attend school, now might be the time to pic up that Cornerstone Village Condo!

Call me TODAY at 770.713.1505 or email me at Info@MyMidtownMojo.com  for the most up-to-date availability of Cornerstone Village Condos For Sale, the closest condominium building under $100,000 to the GATech campus! 

Midtown Atlanta Market Report | Cornerstone Village June 2012

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I’ve been selling Midtown Atlanta condos for 8 years now.  But I was surprised when I did the Midtown Atlanta Market Report for Cornerstone Village  for June ,2012. Only TWO homes listed For Sale!

Many a savvy buyer jumped on the wagon last year when Cornerstone Village had foreclosures that could be bought for $50-80,000! Imagine, a Peachtree Street address for $50,000??? There may still be some future chances in this Midtown Atlanta community, but one would need to act quick. Whether they will be in the form of foreclosures or short sales remains to be seen.

 Many home owners owe more than the value of their Cornerstone Village condo, but don’t want the credit smear of a short sale on their credit. So, there they sit. The community is at rental capacity, and infact at this time is not eligible for FHA financing for buyers.

Here is a picture of the Midtown Atlanta Market Report for Cornerstone Village, June, 2012.

 Midtown Atlanta Market Reports | Cornerstone Village June 2012

  • 2 Active Listings at $109,000 and $225,000
  • 3 Short Sales Pending Lender Approval at $75,000, $115,000 and $170,000
  • 4 Pending (Under Contract) ranging from $69,000 to $248,000
  • 2 Sales in June at $96,000 and $167,000
  • 7 Sales in June, 2011 6 of those Sales were UNDER $100,000 and 1 at $145,000

Cornerstone Village still can represent value to the Midtown Atlanta condo buyer. Of course, this community is not like the newer highrises, but if you are looking to be close to GATech, this is a great choice.

 Thom Abbott Midtown AtlantaFor More Information on how we can best serve your Midtown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

We specialize in Condominium homes in Midtown Atlanta and other In Town areas of Atlanta. If you are planning to Buy or Sell real estate, let us help you explore all the possibilities available to you and help you find just the right home you will LOVE!

For a Quick Look at Midtown Atlanta Condominiums:

Midtown Atlanta High Rise Condominiums

Midtown Atlanta Mid Rise Condominiums

Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta

Midtown Atlanta Market Report | Cornerstone Village April, 2012

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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.

Midtown Atlanta Market Report 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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Data last updated: 12/3/23 7:52 AM PST.

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Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

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