Comments on: 11Alive Talks CCP Games and Decatur’s Walkability

By: Take that, Gwinnett! | Decatur Townhouses

Take that, Gwinnett! | Decatur Townhouses — Tue, 08 Mar 2011 05:57:47 +0000

[...] Decatur from the “dreary Gwinnett County shopping center where they are currently located. Video is on the Decatur Metro [...]

By: Zachary

Zachary — Mon, 07 Mar 2011 18:34:03 +0000

Car-free for nine months now.

By: decaturite16

decaturite16 — Mon, 07 Mar 2011 18:22:30 +0000

Correction: We have since 2006 replaced the front driveway, a sidewalk and street-facing trees and installed a much-improved exterior lighting system. And somewhere along the way, we got moved into the Winona district, which ought to be a positive. But those are not appraisal factors. I got a refinancing appraisal in 2003 of $260,000, but couldn’t get the $210,000 appraisal I needed to qualify for another in 2009. Zillow was way off on our values for a long time, but it seems to be more in line with these realities now. As for East Cobb, I’m going off the experience of people I know in my office who have gotten increased-value appraisals for refinancings there. One saw a 10 percent improvement over his 2007 appraisal. Our prices, meanwhile, have fallen to roughly 1997 level. Crazy, ain’t it?

By: decaturite16

decaturite16 — Mon, 07 Mar 2011 18:12:27 +0000

All units are the same, minus improvements. Peak sale price for a unit in 2007, which was in about average condition: $270,000. Most recent privately appraised values (late 2010, Feb 2011) on two units, also in about average condition: $199,000 and $185,000 respectively. Nothing about the complex has changed in any subtantial way, and dues are the same as they were then. Also, a highly improved unit that was marketed at $330,000 was appraised last month at $230,000.

By: Tom L

Tom L — Mon, 07 Mar 2011 16:50:47 +0000

While the neighbors may know your dog’s name but not yours…