Moving to Atlanta, GA

Quick insights

• Before buying a home in Atlanta, assess your finances, get preapproved for a mortgage and research neighborhoods to find the best fit for your lifestyle and budget.
• Experienced local professionals, such as real estate agents and lending advisors, can guide you through the homebuying process, help you select a mortgage and negotiate offers.
• From charming historic districts to lively urban hubs and serene suburban communities, Atlanta provides a wide range of housing options to fit different lifestyles and preferences.

If you’re looking for a city that combines Southern charm with big-city energy, Atlanta could be a great place to consider moving to. Known for its deep-rooted heritage, diverse culture and thriving business scene, Atlanta offers something for everyone. Its dynamic atmosphere is shaped by iconic attractions like the Martin Luther King Jr. Historic Site and the Atlanta History Center, alongside renowned events like the Atlanta Jazz Festival and Dragon Con. With its unique blend of culture, opportunity and Southern hospitality, Atlanta offers an exciting and enriching lifestyle for anyone ready to make it their home.

What to consider when buying a home in Atlanta

Buying a home in Atlanta requires careful consideration of several factors to ensure you find the right fit for your lifestyle and budget. Here are key aspects to keep in mind:

Neighborhoods

• Sandy Springs: Perfect for families, this suburban area offers excellent schools, spacious parks like Morgan Falls Overlook Park, and a peaceful environment just a short commute from downtown.
• Midtown: A hotspot for young professionals, Midtown boasts a vibrant nightlife, trendy restaurants and cultural attractions like the Fox Theatre and High Museum of Art. Piedmont Park offers green space for outdoor activities.
• Buckhead: Known for its luxury lifestyle, Buckhead is home to high-end shopping at Lenox Square and Phipps Plaza, upscale dining and lively nightlife.
• East Atlanta Village (EAV): Popular with creatives and young professionals, EAV offers an eclectic mix of local music venues, quirky bars and independent shops.
• Old Fourth Ward: A rapidly growing area with a mix of modern apartments and historic charm, this neighborhood is close to the Atlanta BeltLine, Ponce City Market and plenty of outdoor activities.

Property types

• High-rise condos: Ideal for city living, these are commonly found in areas like Midtown and Buckhead. Each offers distinct amenities.
• Single-family homes: Found mostly in suburban areas like Sandy Springs, Decatur and Brookhaven, these homes can offer spacious yards and multiple bedrooms within more private, family-oriented atmospheres.
• Historic homes: Areas like Inman Park and Grant Park feature charming historic properties with unique architectural details, such as Victorian or Craftsman styles. These homes often appeal to buyers looking for character and a sense of history.
• Townhomes: A popular choice in neighborhoods like Virginia-Highland and West Midtown, townhomes offer a balance of space and low-maintenance living, often with modern interiors and attached garages.
• New construction: Emerging neighborhoods and developments throughout Atlanta offer contemporary designs with energy-efficient features and customizable options. These homes are often ideal for buyers who want modern upgrades and minimal repairs.

Market trends

• Home prices: Depending on the location, the real estate market can be competitive with steadily increasing home prices. Buyers should be prepared for competitive offers, especially in desirable neighborhoods.
• Low inventory: Certain areas may face a limited supply of homes for sale, creating a competitive environment. Properties in popular areas often sell quickly.
• Popular areas: Neighborhoods like Midtown, Buckhead and East Atlanta Village are in demand, especially for young professionals and families, leading to higher home prices in these areas.
• Interest rates: Mortgage interest rates can influence affordability, so potential buyers should monitor trends and act when rates are favorable.

Local Regulations

• Zoning laws: Atlanta has specific zoning regulations that determine how properties can be used.
• Property taxes: Property tax rates in Atlanta vary by county, with Fulton and DeKalb Counties being among the most common for city residents. Tax exemptions, such as homestead exemptions, may be available for primary residences.
• Homeowners association (HOA) fees: Many neighborhoods, particularly those with townhomes or condos, are part of homeowners associations. HOA fees can vary significantly and often cover amenities like landscaping, community pools or security. Be sure to review HOA rules and fees before purchasing a home to ensure they align with your lifestyle and budget.

Living in Atlanta, GA

Atlanta is a bustling city where Southern hospitality meets urban innovation, offering a growing economy, rich cultural experiences and a variety of opportunities for both work and leisure. Here’s what you can expect from life in this dynamic city:

• Cultural scene: Atlanta has a vibrant arts and history scene. You can visit the High Museum of Art, enjoy performances at the Alliance Theatre or attend concerts by the Atlanta Symphony Orchestra. History lovers can explore the Martin Luther King Jr. National Historical Park, the Center for Civil and Human Rights and the Atlanta History Center. For colorful street art, check out Little Five Points and the murals in Cabbagetown.
• Education: The city is home to renowned institutions, with plenty of public and private schools for families. For personal growth, residents can explore workshops in coding, photography or cooking through organizations like General Assembly, the Atlanta Botanical Garden and more.
• Recreation: Relax in Atlanta’s many parks, such as Piedmont Park, Grant Park and Historic Fourth Ward Park. Active residents can bike or walk the Atlanta BeltLine, hike Stone Mountain or kayak on the Chattahoochee River. Sports enthusiasts can cheer on the Braves, Falcons or Atlanta United FC.
• Community (family-focused): Atlanta offers a welcoming environment for families. Neighborhoods like Decatur, East Cobb and Peachtree City have several schools, parks and family-friendly events. Families can spend time at the Atlanta Zoo, the Georgia Aquarium or the Fernbank Museum of Natural History.
• Community (young professionals): For those seeking a lively and vibrant scene, neighborhoods like Midtown, Inman Park and Old Fourth Ward are hotspots. Socialize at various places like The Roof at Ponce City Market, Ladybird Grove & Mess Hall or Piedmont Park for fitness and wellness classes.
• Accessibility: The Metropolitan Atlanta Rapid Transit Authority (MARTA) system includes buses and trains. Four rail lines (Red, Gold, Blue, Green) connect key areas including Hartsfield-Jackson Atlanta International Airport, downtown and several suburbs. Major highways include I-285, I-75, I-85 and GA-400.

Pros and cons of living in Atlanta

Living in Atlanta offers a dynamic mix of career opportunities, cultural experiences and recreational activities. Like any city, Atlanta comes with its own set of advantages and challenges. Here’s a closer look at the pros and cons.

Pros of living in Atlanta

• Job market: Atlanta is a major economic hub with opportunities across industries, such as technology, healthcare, media and entertainment, logistics and finance.
• Diverse cultural experiences: From music and art festivals to museums, historic sites and an electrifying nightlife scene, Atlanta offers something for everyone. The city’s diversity provides a rich mix of cultures and cuisines.
• Education: Atlanta is a hub for education, offering public and private schools, as well as colleges and universities.
• Healthcare: The city offers access to advanced medical care through hospitals, specialized clinics and research facilities.
• Recreation and outdoor activities: Residents can enjoy green spaces, walking and biking trails, and an active sports culture, including professional teams and recreational leagues.

Cons of living in Atlanta

• Traffic congestion: Atlanta’s highways and roads are often congested, especially during rush hours. Public transit options, while available, are limited in coverage, possibly making your commute a challenge depending on the area.
• Hot, humid summers: The summer weather can be uncomfortable, with high temperatures and humidity.

Cost of living in Atlanta

• Housing costs: Atlanta’s housing market is generally more affordable than cities like New York or San Francisco, but prices have been steadily increasing due to the city’s growth and desirability. Rent and home prices can vary widely depending on the neighborhood, with areas closer to the city center typically costing more.
• Utilities and transportation: Utility costs in Atlanta can vary depending on the size of your home and usage, with factors like air conditioning use in the summer potentially increasing costs. Transportation expenses also depend on your location. Driving may involve higher gas, parking expenses and vehicle maintenance.
• Grocery costs: Grocery prices often fluctuate based on location and the types of stores you shop at.
• Fitness and recreation: Memberships for gyms, fitness studios and recreational activities like sports leagues can vary. There are also many affordable options, especially in public parks and community centers.
• Taxes: According to the Georgia Budget & Policy Institute, Georgia has a flat-rate income tax, meaning residents pay the same percentage on their income, regardless of how much they earn.ec-gbpi-georgias-tax-system The state applies a sales tax, and local taxes may vary depending on the area.

What to do before buying a home in Atlanta

Before purchasing a home in Atlanta, it’s important to plan carefully by assessing your finances, researching neighborhoods and learning about the local housing market to help ensure a smooth homebuying experience.

Homebuying process:

• Start by getting preapproved for a mortgage. This will give you a clear understanding of your budget and make you a more competitive buyer.
• Work with a local real estate agent who knows the Atlanta market. They’ll help you find homes that match your budget and preferences, from trendy neighborhoods to suburban areas.
• Explore Atlanta neighborhoods to find the best fit for your lifestyle, considering factors like commute times, amenities and school districts.

Choosing a mortgage:

Compare loan terms, including fixed vs. adjustable rates, and look for interest rates to suit your financial goals. Atlanta homebuyers have access to various mortgage options, such as:

• Conventional loans, for those with solid credit.
• FHA loans, a good option for first-time homebuyers with lower down payments.
• VA loans, for eligible veterans with zero down payment options.

Finding a home lending advisor:

• Choose a home lending advisor with experience in the Atlanta market.
• Look for advisors licensed in Georgia with a solid track record.
• Research online or ask for recommendations from friends or family.
• Meet with potential advisors to ensure they understand your needs and can guide you through the lending process.

Closing the deal:

• Once you find your dream home, work with your real estate agent and lender to make a competitive offer.
• Be prepared for closing costs, which typically range from 2% to 5% of the home’s purchase price. These costs can include appraisal fees, title insurance and property taxes.
• Review all paperwork carefully before signing, and ensure you understand each step of the process.

In summary

Buying a home in Atlanta is more than just a transaction, it’s your chance to plant roots in one of the South’s most energetic and thriving cities. By doing your research, partnering with experienced professionals and carefully considering your budget, you can find a home that truly fits your lifestyle. Whether you’re drawn to the charm of historic neighborhoods, the buzz of city living or the tranquility of suburban communities, Atlanta offers something for everyone. With preparation and patience, you’ll not only secure a home but also create a space where your future unfolds.