Real estate and homes in Roswell
The value of real estate in Roswell is increasing because the beautiful country scenery, the excellent public school system, the thriving job market and Roswell’s upscale shopping centers all combine to create a high standard of living that entices people to purchase homes in Roswell. Roswell was selected as the Best Place to Live in the Atlanta Metropolitan Area twice by Atlanta Magazine, and USA Today rated Roswell as the third best place in America to raise a family. In 2007 the estimated median house/condominium value in Roswell was $319,000 and the estimated median household income was $73,469.
The residential real estate market in Roswell includes a diversity of housing styles in single family homes, condominiums and townhouses with prices ranging from under $200,000 to over $5,000,000. Most homes in Roswell were built after 1985 and construction tends to comply with more stringent building standards. People who prefer modern construction are attracted to Roswell because the newer homes feature many modern amenities. Buyers can find available single family homes on estate sized properties, homes in retirement communities, or custom built homes, condominiums and townhouses in master planned communities with amenities such as pools, tennis courts and golf courses. Roswell also contains an abundance of available undeveloped land in approved development zones.
Typical prices for homes in Roswell
Prices for single family detached homes in Roswell start in the low $200,000’s and can exceed $5,000,000 for elegant estate homes with horse stables on 10 or more acres of land. Luxury townhouses have become quite popular in Roswell, especially those that have frontage property on the Chattahoochee River. A modern 4 bedroom, 3 bathroom townhouse situated along the banks of the Chattahoochee River in Roswell may be priced at over $500,000 while typical 3 bedroom, 2 bathroom detached homes on ¼ acre of land in subdivisions that were developed during the 1980’s may be priced under $250,000.
At the high end of Roswell’s real estate market in 2008, $1,225,000 was the cost of a 5 bedroom, 4 bathroom custom built estate home on a 2.5 acre lakefront lot with a 7 car garage and a guest cottage. A buyer with $6,799,000 in 2008 could also purchase a 9 bedroom, 9 bathroom custom built estate home on 5.5 acres of land with a heated swimming pool, a gymnasium and a professional theater!
Tip: Once you've found your dream home, make sure to use a good Mortgage Calculator so that you can find the right financing for your budget.