Urban Lifestyle Amenities, walkability driving condo & townhome sales

Continued from Page 48 shops, nightlife and even grocery stores. And proximity to the Atlanta BeltLine and other trails, parks and green spaces is becoming increasingly important.”

Of course, financial considerations are another huge factor in the increased popularity of condos and townhomes. Many consumers have been priced out of the market for Intown single-family detached residences.

“Millennials are starting to buy homes, and Intown detached housing doesn’t always fit in their budgets,” reported Chris Aiken, Intown Expert Realty agent. “They’re not interested in being house poor; they want to travel and use their money elsewhere.”

Townhomes and condos tend to distribute maintenance responsibilities and costs across a greater number of owners, keeping costs more manageable. For example, in a townhome community where four homes share a common roof, the cost of replacing the roof is distributed over the four units.

“The benefits certainly include the peace of mind that comes with the fixed maintenance costs that condos and townhomes afford. Busy singles and retirees who travel really love the idea of a lock-andleave situation where they don’t feel tied down to taking care of a home,” Golden explained.

While purchase and maintenance costs are important factors for many homebuyers, others look to condos and townhomes for Intown luxury. Kjellgren pointed out that there’s a great inventory and selection available for buyers in the $1 million and up price