When looking at the current housing trends, some interesting revelations can be noted related to the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory. Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.

The most alarming statistic is in the $500-750,000 market in single family homes. There has been a significant buildup in this category as numerous builders having launched new subdivisions in this market segment within the last few months. This is combined with the fact that this price point has seldom been seen in this area previously with exception of the 30339 zip code. New construction in this price point include Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.

There is a similar trend in the condo market as we’re seeing the introduction of $500-750,000 condos in the Smyrna Vinings Market. Beyond this, while there are variances within each zip code, the inventory amounts for other price points for the Smyrna Vinings home market actually indicates a fairly healthy housing market.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com .

As many of you may have noticed on the drive down the big hill on Paces Ferry Road into the Vinings Village, there has been a lot of demolition. The old apartment complex has been razed to make room for The Aberdeen. The Aberdeen will be situated at 4700 Paces Ferry Road on 2.7 acres in the heart of Vinings and is within walking distance of the Vinings Jubilee shopping district.

The high-rise condominium will offer luxurious finishes and fabulous views of the Atlanta skyline. There will be total of 66 condos, including 2 and 3 bedroom units and seven penthouse homes. With Vinings condos for sale starting in the $900s, these are sure to amaze the most discerning buyer.

The development’s ground-breaking is slated for early 2007, with completion set for mid- to -late 2008. Amenities in the Aberdeen will include a pool and jacuzzi, clubroom, putting green, bocce court, fitness room, wine cellar, 24-hour security and concierge services and a gated entrance. The location offers the ability to walk to the historic Vinings district, while also have convenient access to the interstate.

The H2 Realty Group is in exclusive partnership with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com .

Wakefield Estates is a 70 home swim community in Smyrna Vinings just south of Paces Ferry on Atlanta Road. Built by Williamscraft, Wakefield Estates will be a upscale neighborhood of cluster homes. Homes will feature 4 and 5 bedrooms and range in square footage from 2700 to 3500 square feet with upscale kitchens.

Park Vinings - Luxury condominiums coming to Cobb County

Monday, October 30th, 2006

 

 

 

Many developers have been clamoring for the opportunity to bring luxury condominiums to Cobb County. Who better than Park Signature Properties, well known for developments such as Park Place and Park Avenue in Buckhead.

Park Vinings, rising 35 stories, will be located at the corner of Cumberland Boulevard and Cobb Parkway. Park Vinings offers quick access to I-75 and I-285 and easy commutes to nearby Buckhead, Perimeter, Midtown, Downtown and Hartsfield-Jackson Atlanta International Airport.

With units priced from $1 Million, this will certainly create the definition of luxury for condos for sale in Cobb County. Overlooking the Chattahoochee River and within walking distance of historic Vinings and many other shops and restaurants, Park Vinings is the area’s first true luxury, high-rise condominium and offers an unparalleled opportunity to enjoy the ultimate in comfort, security and convenience in one of Atlanta’s most desirable locations.

Its signature services and amenities create a style of living that defines luxury. From the moment you arrive at the secure, gated entrance, you will see Park Vinings is as impressive from the outside as it is from the inside.

Long considered one of Atlanta’s most prestigious communities, Vinings blends historic charm with modern conveniences. Park Vinings offers an Atlanta address with Cobb County benefits, including school tax exemption for residents at least 62 years of age.

The H2 Realty Group is in exclusive partnership with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at http://www.h2realty.com/ .

Posted in Cobb County real estate, Park Vinings, Vinings condos for sale, Vinings real estate | No Comments »