Wednesday, January 25, 2012
If It's Wednesday, It Must Be Time For Another Market Conditions Report
If It's Wednesday, It Must Be Market Condition's Wednesday and time to shine the spot light on another great city in the Atlanta metro area. This week we will focus our attention on the city of BLUE RIDGE.
The town of Blue Ridge was once considered an elite health resort because of its pure mineral waters. Tourists would ride the train to town, eat dinner at the Blue Ridge Hotel, and take a leisurely walk to the mineral springs after dinner. Today, tourists can still ride the train and take a leisurely walk along Main Street, enjoying the antique and specialty shops, galleries, restaurants and small town atmosphere of Blue Ridge.
I get a lot of calls these days from active adults who are looking to downsize and are considering the Georgia mountains as a place to call home when they retire. They are often surprised when they realize that there isn't a lot to choose from in Blue Ridge. Properties are scarce. Regardless, Blue Ridge is almost always part of the discussion. Interestingly, property values in Blue Ridge have not suffered as a result of the recession.
To give you a frame of reference today, as I write this, there is a total of 47,355 single family homes on the market in the entire Atlanta metro area including homes in Blue Ridge.
Likewise, there is a total of ONLY 32 single family homes on the market and ACTIVELY listed for sale in Blue Ridge. These homes range in price from $149,900 (currently the lowest priced home in Blue Ridge) which is a perfect weekend cabin located in the middle of the Aska Adventure Area. This all wood cabin offers plenty of inside storage and a partial unfinished daylight basement that is perfect for mountain toys, or could easily become a 'Harley Garage'. There are paved roads right up to the driveway. The beautiful and gleaming hardwood floors offer a split floor plan with private baths off both bedrooms. There's a skylight in the Living room. Front and rear Covered Decks. This cabin is beautiful and move-in ready to enjoy today and offers 2 bedrooms and 2 full bathrooms with a to-die for wrap around porch and views of the mountains!
At the other end of the price spectrum is the highest priced property currently available in Blue Ridge. This 27+ acre country estate is priced at $2 million, with incredible long range mountain and Lake Blue Ridge views, it sits high on the hill overlooking fenced pastures and manicured gardens. You can see why this property is the setting for many country weddings! The 6 bedrooms all have their own private baths and there is a cedar sauna on the lower level. A heated, salt water pool off the back terrace has its own cabana perfect for outdoor entertaining. The 3 car garage with tiled floors and a single garage in the lower level gives you all the room you need for any type of vehicle. This property would be perfect and offer great potential for a B&B, restaurant, or equestrian ranch. Perfect for corporate retreats and fund raising events too.
Today there are 5 single family properties in Blue Ridge showing up as PENDING SALE. These homes are priced from $139,900 to $499,500.
During 2011 and to day, there was a total of 32 homes SOLD in Blue Ridge with prices ranging from $20,000 for a bank-owned property destroyed by fire to $435,000 for an estate with fabulous views.
As you can clearly see, homes might be scarce but they are selling in BLUE RIDGE.
Sara Hibbard is a licensed Realtor in the state of Georgia. Call Sara with your many real estate questions regarding the Atlanta metro real estate market in general or specifics regarding the relocation / buying / selling process. Sara is easily reachable at any time at 404-660-2481 or via e-mail at Sara@SaraHibbard.com. Join Sara on Facebook at www.Facebook.com/GeorgiaRealEstateOnMyMind. Follow Sara's Blogs at www.GeorgiaRealEstateOnMyMind.Blogspot.com and www.AtlantaMLSHomesBlog.com. You can find Sara's website at www.GeorgiaRealEstateOnMyMind.com.
Sara Hibbard is Glad Georgia Real Estate is on Your Mind!
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