The results are in! 

2008 was a challenging year for many areas of Metro Atlanta, but Atlanta’s popular intown neighborhood, Kirkwood fared quite well overall. 

To follow is an overview of the sales activity in Kirkwood  from 2006 and 2008. 

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Information retrieved from First MLS by Kerry Lucasse on 01/04/09 and is believed to be accurate but is not guaranteed.

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SO WHAT DO THE NUMBERS ACTUALLY MEAN TO YOU?

• NUMBER OF HOMES SOLD IN KIRKWOOD — The number of homes sold year over year declined 16% from 2006 to 2008, but only 3.3% from 2007 to 2008. 
• KIRKWOOD HOME PRICES — The average home price in Kirkwood spiked in 2007, partially due to a higher number of new construction home sales, high-end bungalow renovations, and the completion of the new Kirkwood Village.  The average list price AND the average sale prices in Kirkwood were much lower in 2008 due in part to the higher number of foreclosure homes.  I will say that the high quality bungalow renovations are still demanding a price similar to 2006 and 2007.  It isn’t an exact science, but quality updated homes are almost always the first to sell in any neighborhood — and even in this market, we are still seeing multiple offers.
• HOW MUCH DID SELLERS REDUCE THEIR ASKING PRICE?  The percentage of list price to sale price ratios remained fairly constant over the last three years, which tells us that sellers and their agents are doing a good job pricing the homes correctly.  Using the average percentage from 2006, if a home was listed at $300,000 the average final sales price would be $291,000.  In 2008, the $300,000 home (on average) would sell for $288,000.
• HOW LONG DID IT TAKE HOMES IN KIRKWOOD TO SELL?  The number of days that a Kirkwood home was on the market has also remained fairly stable — approximately 6% longer from 2006 to 2008.  If you are thinking about selling your home in Kirkwood — or any neighborhood — it is so important to price you home correctly the FIRST time.  Research tells us that your home will sell faster and for a higher price. 

If you have any questions about the sales data or if you would like to understand what your home is worth in today’s market, please call anytime at (404) 432.1844 or email me.

 KERRY LUCASSE   ::   KELLER WILLIAMS REALTY   ::    404.432.1844   ::    KerryLucasse@yahoo.com

**Serving Metro Atlanta and specializing in Atlanta’s Intown Neighborhoods, including Kirkwood, Oakhurst, Grant Park, Ormewood Park, East Atlanta, and Virginia Highlands

Things are improving quickly in this quaint Intown Atlanta neighborhood.  Take a look at all of the Kirkwood restaurants, shops and events:

KIRKWOOD RESTAURANTS

Vinocity Wine Bar

Gathering Grounds

Ace’s Bar & Grille

Le Petit Marche in Kirkwood Station

Urban Pie (Pizza)

Sun in My Belly (Grrreat brunch!)

SHOPS & GALLERIES

Mission Motif

Gitche Yah Yah

PB&J Gallery

SERVICES for your PETS

Frogs to Dogs – Doggie Daycare & Dog Walking

Kirkwood Feed & Seed

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IF YOU ARE THINKING OF BUYING OR SELLING A HOME IN KIRKWOOD, VISIT:

www.inKIRKWOOD.com

or call Kerry Lucasse at (404) 432.1844.   I would love to help!

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Atlanta Real Estate – Foreclosures & Short Sales  in Atlanta GA

For those of you who are TRUE bargain hunters, I have a DEAL for you!   As a Buyer’s Agent in the Intown Atlanta neighborhoods, I see more than two dozen homes each week and when I noticed that this 4 bed / 3.5 bath home was for sale at $299,900, I almost fell off my chair.

Built in 2003, this Craftsman home has been meticulously maintained and features 4 bedrooms, 3 1/2 bathrooms, a 2-car garage and a finished BASEMENT.   As you’ll see in the photos below, there are gleaming hardwoods, light-filled rooms, gleaming hardwood floors throughout and an incredible master suite.  If that’s not enough, there is also a separate sunroom.

Appraised for $434,900 in 2007, this bungalow style home is located in a fantastic, close-knit community across from the East Lake Golf Course. 

Please note that this is a SHORT SALE, so approval of the sale is contingent on the bank’s approval.

If you have any questions and/or would like to schedule an appointment to view the stunning home, please call Kerry Lucasse, Keller Williams Buyer Representative, at (404)432.1844.

>>> VIEW ADDITIONAL PHOTOS OF THIS HOME

>>>  VIEW ALL HOMES FOR SALE in EAST LAKE

>>> View all the NEW CONSTRUCTION CRAFTSMAN BUNGALOWS for sale in Atlanta

Please note that this is not my listing, but I have received permission from the owner / agent.

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KERRY LUCASSE  ::   Atlanta REALTOR  ::  Keller Williams Realty  ::  404.432.1844

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As an official “Bungalow-a-holic”, I thought that it might be helpful for my fellow Atlanta Bungalow lovers, if I created a page that would link you directly to all of the historic Atlanta homes for sale — from Craftsman bungalows to Victorian and Tudor style homes. 

It can be challenging when you are searching the Atlanta MLS to sort through all of the different homes for sale, especially if you are trying to find a specific style, like the authentic bungalows, new construction Craftsman style homes, Tudor-style or Victorians. 

The following information will link you to ALL of the bungalows for sale in Atlanta, GA.

PLEASE NOTE:  As you look through the homes for sale below, you’ll probably see a few homes that are not “true” bungalows.  Why you ask?  When the real estate agents add their listings to the Atlanta MLS, sometimes they cannot correctly identify what type of home they are listing and they end up in my list below.  We are constantly improving the search criteria, but for now, this is the best search available for Atlanta Bungalows, Victorians and other historic Atlanta homes.

Be sure and bookmark the page, as the list of historic homes for sale in Atlanta is updated daily!

ATLANTA Bungalows for Sale – Over $350K

NEW Construction Bungalows for Sale in Atlanta

ATLANTA TUDOR style homes for sale

ATLANTA VICTORIAN style homes for sale

If you are interested in buying a Craftsman Bungalow or other historic home in Atlanta, I would love to talk with you!   I truly am a bungalow-a-holic and about 80% of the homes I sell fall into this category. Call anytime with questions at (404) 432-1844 or if you prefer to correspond via email, please use my contact form. I will respond promptly.

KERRY LUCASSE  ::   INTOWN ATLANTA REAL ESTATE  CONSULTANT  ::  KELLER WILLIAMS REALTY

**Serving Metro Atlanta and specializing in Atlanta’s Intown Neighborhoods, including Kirkwood, Oakhurst, Grant Park, Ormewood Park, East Atlanta, and Virginia Highlands

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ATLANTA Bungalows for Sale – Over $350K