If you know anything about Atlanta, you've probably heard about Buckhead. But if you're new in town, or if you're just considering moving to Atlanta, you may not know much about it. Sure, you probably know it's a great center for shopping and dining, but how about Buckhead as a place to live? Well here are some basics.
Location
Buckhead is situated inside the "V" that is formed by the "Brookwood Split", where I-75 and I-85 diverge just north of Midtown. It extends northward until it reaches the southern boarder of Sandy Springs. The eastern boundary runs along I-85 until it reaches the Dekalb county line, which then becomes the eastern border northward. The western boundary is a little fuzzy. It's generally thought of as I-75, but there are many neighborhoods west of I-75, some as far west as the Chattahoochee river, which are considered to be part of Buckhead.
History
The most common question people ask about the history of Buckhead is how the area got its name. In the 1830s, there was a general store and tavern located where what is now the intersection of Peachtree, Roswell and Paces Ferry Roads. This establishment was owned by Henry Irby, and became such an important center of commerce for the area that the community around it became known as Irbyville. The story is that Irby mounted the head of a large deer at this location where it was visible to the many travelers who stopped by. This "buck head" became such a landmark that the name stuck. In the late 19th century, there was a movement to rename the area as Northside Park, but the Buckhead name was so well-established that the campaign failed.
Residential Neighborhoods
Yes, "neighborhoods" plural. Although many think of Buckhead itself as a neighborhood, there are actually dozens of neighborhoods that makeup the Buckhead area. Unfortunately, there's not enough room in the scope of this article to go into detail on each Buckhead neighborhood. I'll be writing separate articles on each Buckhead Neighborhood in the future, or you can check out the Buckhead Neighborhood Guide on our website. In the meantime I'll just give an overview of the single-family home real estate market in Buckhead. In 2009, the average sale price of single family homes in Buckhead was just over $800,000. However, the prices vary widely, from lows near $200,000 to highs over $10 million. With such a wide variety of homes, there's something to suit almost every budget.
Condos
In addition to its neighborhoods of single-family homes, Buckhead is also well-known for it's condominiums. Especially along the famous Peachtree Road, there are dozens of high-rise luxury condos, as well as townhomes and more traditional mid-rise condos. Though some of these luxury condos sold for as high as $4 million last year, the current oversupply of condos represents a strong buyer's market where the average Buckhead condo sale was around $250,000 in 2009. Even more so than with single-family homes, there are many affordable options in the Buckhead condo market.
Well, I hope that gives you some background information on the Buckhead area of Atlanta. If you chose to buy a home in Buckhead, I'm confident that you too will find it an exceptional place to call home. If you have any questions or would like to learn more, feel free to drop me a line.
Author Resource:
Tina McGee is owner and REALTOR at Intown Elite, a residential real estate company specializing in Buckhead Real Estate . Find more information about Buckhead Homes for sale here.
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