Bigger than condos and easier to maintain than single-family houses, townhomes have emerged as hotly sought-after entrées into neighborhoods from Avondale Estates to Reynoldstown to Brookhaven. “Developers are scrambling to get small tracts of land to build townhomes,” says Allen Snow, an associate broker with Coldwell Banker Midtown. One reason, Snow explains, is that “single-family [homes have] become unaffordable for a lot of people. Especially in Decatur, with the good schools, you have to buy a $400,000 house, and it’s pretty much a teardown or complete fixer-upper.”
Snow has watched all of this play out at Sky Hill, a 12-unit project by Cablik Enterprises in Poncey-Highland that sold out quickly. Now complete, the townhomes stand out in several respects: The modern design, by Kuo Diedrich Architects, is a striking departure from Atlanta’s more common brownstone-style units. Finishes include Porcelanosa tile from Spain, five-inch-wide hardwood flooring, and Kontiki decking. Each home has a rooftop deck, most with sweeping city views. Located about a block from the BeltLine, perched over North Avenue, the three-bedroom, three-and-a-half-bathroom units range from about 2,000 to 2,500 square feet. They sold in the $400,000s three years ago, but the last few each closed at almost $700,000.
This article originally appeared in the Fall 2015 issue of Atlanta Magazine’s HOME.
