Atlanta Condominiums (condos): Owner has a deed for unit, has a separate
mortgage, pays property tax on the unit plus a percentage of the common
areas and pays a monthly maintenance fee. A board of directors governs
the complex with the owner having one vote. The condo owner has a
fee simple absolute unrestricted ownership and is individually responsible
for property taxes and maintenance fees. Use the sales price of condominiums
with similar size, appeal, age, neighborhood in Atlanta, incurring
similar maintenance fees, etc. to determine market value. Ask owners
in the complex what they like and dislike about both the unit and
the complex. How good is the sound proofing? End units and upper units
generally sell for more when sound comes into play. How is its location
in the complex? Is it near downtown Atlanta or will you have to commute?
Next to an access street, parking facility, pool? Look for units that
are not adversely affected by these. Stay away from predominantly
rental condo complexes in Atlanta, those having more occupants that
are renters. They are often poorly maintained as absentee owners usually
vote against improvements and increases in maintenance fees. When
buying condos in Atlanta, it is always good to ask lots of questions.
Condos can be found through out metro Atlanta. Prices range from
$70,000 to $2 million. The average price for Atlanta condos is $165,000.
In Midtown Atlanta the average condo price is $280,000 and in Buckhead
condos sell on average for $240,000.
Atlanta homes for sale
(introduction)
Atlanta condos
Atlanta cooperatives
Atlanta resale homes
Atlanta gated communities
Atlanta townhouses
Building a house in Atlanta
Atlanta new homes
Atlanta luxury homes
Atlanta lofts
Atlanta investment property
Georgia bungalows
Atlanta duplexes
Atlanta triplexes
Atlanta residential real estate
(attached)
Atlanta residential real estate
(detached)