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Lesson 7 of 10

Comping Properties in Georgia

Local nuances and adjustment factors for Atlanta metro property values.

Georgia vs Texas Comping

1

School districts matter MORE - Atlanta buyers pay significant premiums for top schools. Always note school district when comping.

2

Basement = value add - Finished basements add 50-70% of their sqft value. Always note basement status.

3

Crawlspace condition affects value - Encapsulated crawlspace is a selling point. Un-encapsulated may need budget.

4

HOA fees vary widely - Some GA subdivisions have $200+/mo HOA. This affects landlord returns significantly.

Typical $/Sqft by County (Renovated)

County Entry Mid Premium
Cobb $165 $185 $220+
Gwinnett $155 $175 $210+
Douglas $130 $150 $170
Henry $145 $165 $190

Georgia-Specific Adjustments

Finished Basement

Per sqft of finished basement

+$50-70/sqft

Premium School District

Top-rated schools in area

+5-10%

Encapsulated Crawlspace

Moisture barrier + dehumidifier

+$3-5K

No Garage

Compared to homes with garage

-$10-15K

High HOA ($150+/mo)

Affects landlord appeal

-$5-10K

Comping Resources for Georgia

Free Tools

  • Zillow - Good for initial estimates
  • Redfin - Often more accurate
  • County Tax Records - Recent sales data
  • Realtor.com - Sold prices

Paid/Pro Tools

  • PropStream - Investor favorite
  • GAMLS - Local MLS access
  • Privy - Investor comps
  • BatchLeads - Skip tracing + comps

Key Takeaway

Georgia comps require attention to basements, school districts, and HOA fees - factors less important in Texas. Always note these details when pulling comps and adjust accordingly.