How Does Athens Home Values Trend Compare to the Rest of the Nation?Posted on September 29, 2016
Athens, located just 70 miles east of Atlanta is known mostly as the college town to University of Georgia. What a lot of people don’t know is that it is not like most college towns. I’m sure when you think of your typical college town, home value isn’t necessarily the first thing that comes to mind, but for Athens, Georgia it should be.
Property value is difficult to keep track of most of the time. We have seen our fare share of increases and decreases throughout the years. Do you ever wonder how your city recovered from the collapse in 2007? The Washington Post set out to answer this question and for Athens, Georgia, the answer is a good one.
Real Estate in Athens has sky rocketed and home values have increased more than 12% compared to values in 2004. Athens had been known for its love for the Georgia Bulldogs, but watch out, it looks like there is a new front-runner in this college town, and it is the home value. To read more about the changes in home value in the Athens area, click here.
So what is it about Athens that sticks out from the rest of the college towns in America? There are a few staple things that contribute to the increase in the home value for this area.
Georgia is known to be one of the most tax friendly states in the union. The Peach State has no tax on Social Security benefits and is one of the 10 most tax-friendly states for retirees. When it comes to weather, Georgia offers a kinder, gentler version of four-seasons living. There is also a lot of historical significance found in Athens. It is full of places that escaped destruction during the Civil War among many other things. Last but not least, this college town was named the “Number One Retirement Destination” by Fortune Magazine and was included in the “Top 50 Places to Retire” from Forbes. With a low cost of living, historic downtown, and home to the University of Georgia campus, Athens is one of the classic cities of the South.
Southern charm, excellent schools, job opportunities and mild winters make Athens an attractive spot. Athens’ premier golf and country club community, The Georgia Club, sweetens the deal with homes combining Southern living and modern amenities. Relax with the family, entertain friends, or enjoy a round of golf, tennis or the community Dawg Park. To learn more about living in Athens, Georgia, click here.