While many Midtown Atlanta condominium buildings make their mark on the skyline, two buildings hold a bit of a distinction on the skyline of Midtown Atlanta….Mayfair Renaissance and Mayfair Tower Midtown Atlanta.

Located on 14^th Street, these two buildings are most notable for the signature rooftop cupolas, often seen in photos of the Midtown skyline from Piedmont Park.

While the buildings look almost identical from the exterior and the interior, the primary difference is…pool or NO pool. There is a pool for the Renaissance building, but the Tower Building does not have access to it. Before my real estate time in Midtown Atlanta, I think there was a feud between the “hatfields and the mcoy’s” as it relate to the two buildings. They were not built at the exact same time, but do share a garage. But somewhere along the way, the pool became the property of the Renaissance, or always was….I’m not sure and I’ll bet a long term resident of either building will be happy to correct me accordingly.

The buildings of Mayfair Renaissance and Tower Midtown Atlanta are much more traditional in nature than the newer Peachtree Street neighbors. Lobbys are finished with marble and rich woods. Both buildings are elegant.

In terms of market activity for January-June, 2010 compared to 2011, the sales are up, but….yep…the prices are down.

The Renaissance building is a great opportunity for investors since it is one of only a couple Midtown Atlanta Condominium buildings that still has leasing permits.  Here’s the numbers for Mayfair Renaissance and Tower Midtown Atlanta combined.

Search Mayfair Renaissance and Tower Homes For Sale Here

For More Information on how we can best serve your Midtown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

We specialize in Condominium homes in Midtown Atlanta and other In Town areas of Atlanta. If you are planning to Buy or Sell real estate, let us help you explore all the possibilities available to you and help you find just the right home you will LOVE!

For a Quick Look at Midtown Atlanta Condominiums:

Midtown Atlanta High Rise Condominiums

Midtown Atlanta Mid Rise Condominiums

Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta

I have been around Cornerstone Village Condominiums most of my “real estate life.” When I started focusing on the Midtown Atlanta condo market, my office was actually located right in Cornerstone Village. That gave me the opportunity to learn the building well. When I was first introduced to Cornerstone Village, the garage repair assessment had not been decided and it was almost impossible to sell anything in the building with this unknown assessment pending in the future. Well, fast forward to today and the values again have taken a hit at Cornerstone Village Condominiums.

While the decrease in values is hard for current homeowners (as is the case anywhere) it makes for some incredible buying opportunities. Homes that sold for $155-160,000 4 years ago can be found for $50-60,000. That is one of the reasons we often promote this building to GATech parents and students as a great off-campus living opportunity. With these kinds of prices, you can purchase, live in for 3-4 years, and hopefully sell for a profit. Of course, many factors will determine what the future values may be.

But in terms of sales price from 2010, Cornerstone Village Condominiums has seen some additional declines in value, mostly due to foreclosures in the community.

For More Information on how we can best serve your Midtown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

We specialize in Condominium homes in Midtown Atlanta and other In Town areas of Atlanta. If you are planning to Buy or Sell real estate, let us help you explore all the possibilities available to you and help you find just the right home you will LOVE!

For a Quick Look at Midtown Atlanta Condominiums:

Midtown Atlanta High Rise Condominiums

Midtown Atlanta Mid Rise Condominiums

Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta

Ansley Above the Park still remains THE closest high rise living opportunity on Piedmont Park. It’s newer neighbor, Luxe Midtown is set back about a block from Piedmont Park, whereas Ansley Above the Park is just across the street.

The condominium community saw the same level of activity for 2011 as it did in 2010 with 3 home sales. However, the Sales Price certainly did not remain the same.

Many of homes in Ansley Above the Park have not been renovated. It makes this building a prime candidate for a buyer that can get a good price on a home and then renovate it to their liking. Once these homes are “tricked out” with the normal granite, stainless steel and new cabinetry, they are very impressive homes. The balconies at Ansley Above the Park are especially large, and form all indications that I have seen, offer you some opportunities to create “gardens in the sky” on your balcony. They even have an electrical outlet which is perfect for a small water feature. Lovely.