Standalone homes with less than 1,500 square feet can move like hotcakes in Atlanta, if the price is right
By and large, the existing stock of tiny-ish houses in Atlanta is what other cities call, um, houses.
Traditionally, Atlantans have been prone to shivering at the thought of single-family square footages south of 1,500. But times are changing, as the below examples anecdotally suggest.
For Micro Week 2016, we combed recent archives to show how (relatively) tiny homes have fared on the Atlanta market.
What’s the takeaway? With the right price, even the most wee intown abodes don’t last too long.
Who could forget this perky yellow bungalow from last autumn in Midtown? A “gem” cottage buried in trees about two blocks from Piedmont Park, around the corner from Grady High School, this 1954 cutey is surprisingly airy for having just a hair over 1,400 square feet. Still, the property took months to trade.
It listed last October for $585,000 and underwent two price-chops, eventually selling in March at $538,000.
With a smidgen over 1,000 square feet, it took a few weeks to land a contract, but this circa-1920, shotgun-style Cabbagetown home eventually sold in June for $305,000 — which was about 6,000 bucks over the final asking price. It boasted two legit bedrooms and bathrooms and a very bold paint scheme.
With about as much room as a typical two-bedroom Atlanta flat, this 1,320-square-foot Kirkwood property came on the market in July at $389,900, leading some to question if the price wasn’t a tall order for the sheer space.
The stylishly revamped 1925 abode went under contract in less than a week and sold for $3,000 over asking.
A couple of blocks from East Atlanta Village, this 1955 bungalow stretched the upper limits of what constitutes a really small Atlanta pad. But its 1,510 square feet are certainly quaint, and the redo was touted as “midcentury marvel” classic, imbuing the property with highlights that included Carrara marble.
It listed for $325,000 in August ’15 and landed a contract in about a month, selling in November for $310,000.
- Micro Week coverage 2016 [Curbed]