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| 05/17/2024 In this issue of MarketRent™ powered by Clarendon, we spotlight Westside Atlanta's ongoing transformation into a dynamic real estate market. Fueled by corporate relocations and the Atlanta Beltline project, this area blends historic charm with modern developments, attracting young professionals. The surge in multifamily housing and adaptive reuse projects underscores its status as a vibrant urban hub. We also share a variety of data tools and visualizations to help you understand the connection between walkability rental prices in Atlanta, as well as, development in Westside Atlanta. |
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| Insights Westside Atlanta: The Beltline Effect |
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| Atlanta's Westside is undergoing a dramatic transformation. Once known for its industrial past, the area is now a hub of modern living, with sleek multifamily developments, adaptive reuse projects, and a thriving arts scene. The Atlanta Beltline project has accelerated this revitalization, making the Westside a desirable location for both residents and investors. Read more and also explore recent development in the area. |
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| INSIGHTS How Walkability in Atlanta is Reshaping the Real Estate Landscape |
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| Atlanta's shedding its car-centric reputation! Westside's transformation with the BeltLine and more public transit is making it a walker's dream. This shift isn't just about convenience – walkable neighborhoods yield higher rent premiums and increased property values. |
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| DATA How Walkable is Your Atlanta Neighborhood? Rent Prices May Tell |
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| Atlanta's rental market is changing. Walkable neighborhoods are in demand, with renters willing to pay more to live in areas where they can easily get around on foot. This reflects a broader preference for walkable living, and Atlanta is adapting with new developments. Investors and renters alike should note this trend, as walkability becomes a powerful factor in the city's housing choices. |
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| All content is provided herein “as is” and neither Clarendon Valuation Advisors, LLC (“the Company”) nor its affiliated or related entities, nor any person involved in the creation, production and distribution of the content make any warranties, express or implied. The Company does not make any representations regarding the reliability, usefulness, completeness, accuracy, currency nor represent that use of any information provided herein would not infringe on other third party rights. The Company shall not be liable for any direct, indirect or consequential damages to the reader or a third party arising from the use of the information contained herein . © Copyright MarketRent™ | Clarendon. All Rights Reserved. |
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