Being a Michigan native, I loved the ability to access the water. But after moving to the city of Atlanta, I had to get adjusted and realize that I’m no longer living on one of the Great Lakes. Nevertheless, as I’ve been in Atlanta for over a decade now, I have developed a growing appreciation for living near a public park.
Nowadays, the closest park to my home is just a block away. We have access to tennis courts, a football field, a playground (for my kid), a workout area, and it’s pretty joggable. Two of my favorite (and quite popular) parks, Piedmont Park and Historic Old Fourth Ward Park, are just over a mile away. But I’m not the only one who appreciates these parks. With home values increasing throughout Atlanta, many residents are flocking toward these great parks around Atlanta to take advantage of a mix of both old and new homes.
Home Values Around Atlanta’s Most Popular Parks On The Rise
It’s no secret that Atlanta’s real estate market is thriving, and there has been significant growth around popular parks such as: Piedmont Park, Grant Park, Adair Park and Candler Park. Fun fact: Did you know that Piedmont Park and Grant Park were both designed by the sons of the same man who designed Central Park in New York City? Yep – we’ve got these great landmarks right in our own backyard!
The neighborhoods surrounding these parks continue to grow and thrive with more people moving into the city, and as such, home values are on the rise. Homes around Candler Park have risen nearly 17% since 2017 and are expected to rise at least another 4%. Ansley Park, a popular neighborhood near Piedmont Park, has seen home values rise nearly 23% in the last year with about a 4% rise expected in 2018, and homes in Virginia Highland have risen 8% since 2017 and are expected to rise around 3%. It’s easy to see that Atlanta’s parks are definitely some of the hottest neighborhoods!
Grant Park, home to Zoo Atlanta and the Cyclorama, saw a considerable rise in home prices from 2016 to 2017. Values are still on the rise, t with median home prices averaging $400,000. Adair Park, near Atlanta University Center – home to Clark Atlanta University, Morehouse College and School of Medicine, and Spelman College – shares a border with the up-and-coming neighborhood of Pittsburgh, and offers a more affordable option for those looking to own a new home within the city limits with home prices ranging in the mid-100’s for properties that require renovation to the $200’s and $300’s for well-renovated homes.
Embrace The (Green) Space In Atlanta’s Best-Known Parks
If you love the great outdoors, Atlanta’s parks offer beautiful green spaces that take away the feeling of being in the middle of a large city. Take a drive through these areas to see which resonates most with you, let us know your favorite Atlanta park, and we’ll take care of helping you find your new home!