Here is my take on the year just past and hope for the one to come

Sandy Springs home offers plenty of room and amenities

The Market is Maturing

  • Big homes in prime neighborhoods average 1-2 million.
  • 300K starter homes in hot neighborhoods forced first time buyers to look farther out. Most young buyers don’t want fixer-uppers. The result: high renovation costs and long wait times

 

 

New standards include wood framing treated with preservative

New Construction Rebounds

  • New construction, fully recovered from the 2009 recession, includes small-lot starter and retirement homes, spec and custom homes, large subdivisions, townhomes, mid-rise apartments and high-rise condominiums

 

 

 

Renovated bungalows are popular intown

Existing Homes

  • Renovated homes focus on space design: flow, finish and fixtures. Renovations sometimes skimp on energy efficiency, moisture management and ventilation, electric and plumbing upgrades.

 

 

 

Foamed rafters improve efficiency

Inspections and Code

  • Building codes require stronger portal openings and decks, better moisture control, ventilation and energy efficiency.
  • Energy efficient products like radiant barrier roof decking, variable speed heating and cooling, zoned duct systems and on-demand water heaters improve performance and comfort
  • The budget for Georgia’s Department of Community Affairs (DCA), the agency tasked with disseminating and administering codes,                                                            was slashed.
  • There are no specific requirements that renovations comply with new code

    Mark of Sustainability: Georgia Energy Code Compliance Certificate

                                                                                                                               Forecast for 2018

  • Metro Atlanta’s growing housing market is positioned to carry 2017 gains into 2018
  • Prices have flattened due to adequate supply and buyers willing to look beyond popular neighborhoods
  • Lengthy commutes and school quality are limiting factors
  • Private inspectors fill quality control gaps created by less government oversight, rapidly evolving industry and a strong market.

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