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Lot SearchPosted by Don Whitten at May 01. 2006
I have a potential client in search of a single family building lot in or around Atlanta. Any information would be helpful.
Re: Lot SearchPosted by Cara Cummins at May 02. 2006
price range is the name of the game.
anything less than 100k, will be outside the city, or in a difficult area.
everyone is looking.
Re: Lot SearchPosted by Don Whitten at May 02. 2006
any configuration or area is possible.
how do you describe difficult
Re: Lot SearchPosted by Steven Scott West at May 02. 2006
IF I may speak for TAC - Difficult means either a difficult(and probably expensive) lot to build on because of size, shape, or topography or it will be located in a rather(at least currently) ghetto-oriented area such as peoplestown, mechanicsville, vine city, Chosewood Park, Lakewood, etc. These are the areas you will generally be looking at in the sub $75K range though it is possible to get lucky every once in a great while.
I had been looking for a lot to build a modern spec. home on for 3 months or so and just purchased a nice 40'x150' lot in Reynoldstown for $90K which while it was no steal was relatively a decent deal. I put in the offer within 3 hours of it being listed and there were 2 back-up contracts within 24 hours. Market value was probably $100K. I recently put in another offer on a lot in Poncey-Highlands for $40,000 over the asking price of $136,000 and still got beat out. There is a LOT of competition so you have to be constantly observant, fast, and a little bit lucky if it's something that's listed on the MLS.
Hope that helps!
West Architecture Studio
Re: Lot SearchPosted by Don Whitten at May 15. 2006
Thanks for the info. As it turns out the potential client just purchased a mid-century modern in lieu of building.
When I graduated Southern Poly in '98 we looked at lots in Reynoldstown for 5-10K
'Times they have certainly changed'
Good look with your spec development.
Interestingly enough, I discovered your website a few days before I read your post. Nice work and nice clean concise site. I look forward to following your speculative projects. If your ever in need of a competant design/build contractor check out Chris with Gravity Architects. firstname.lastname@example.org
or contact me @ email@example.com to discuss.