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Updated over 9 years ago on . Most recent reply

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38
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Jai Coward
  • Rental Property Investor
  • Santa Clarita, CA
3
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38
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Stone Mountain Georgia Property

Jai Coward
  • Rental Property Investor
  • Santa Clarita, CA
Posted

Hello All,

Just wanted to get an idea from the local ATL residents, or anyone with the knowledge for that matter, about their take on the Stone Mountain area. I've noticed a lot of properties dropping in price by $5000 - $10000 all around the Atlanta area(s), but that aside, I may have run in to a potential deal I'm thinking about putting an offer on today located in Stone Mountain, and my main concern is, are houses selling in that area or not? Rehabbed or in need of rehabbing... thoughts, advice... thanks!

Most Popular Reply

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277
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187
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Ursula B.
  • Involved In Real Estate
  • Winston-Salem, NC
187
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277
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Ursula B.
  • Involved In Real Estate
  • Winston-Salem, NC
Replied

I guess the answer is...it depends.  Stone Mountain is pretty dicey in my opinion, and I live here.  Had I known then what I know now, we would have bought in the Snellville/Gwinnett County area.  In my neighborhood, houses priced right sell in 30 days ($200-250 range).  But I wouldn't live .25 miles in either direction of my neighborhood.  What seems to be popular are the larger houses (5+ bedrooms) with 2 masters or finished basements.  Multiple families living in one house is a trend, at least in my area.

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