The UGLY Truth About Living in Alpharetta, GA

Alpharetta, Georgia, stands out as one of the most sought-after suburbs in North Georgia. Known for its convenient location, top-ranked schools, excellent shopping, and various amenities, many people consider making this vibrant town their home. However, as with any location, there are both positive and negative aspects to living in Alpharetta. 

High Cost of Living

Alpharetta's popularity comes at a price – quite a steep one. The average home price in Alpharetta currently sits at $713,000, significantly higher than the Greater Atlanta area's average of just under $500,000. This steep cost of living can be a deterrent for those looking to stretch their housing budget.

Limited New Construction Options

Finding a new construction home in Alpharetta, especially below the $500,000 mark, proves to be a challenging task. The town's well-established nature and limited available land for development contribute to this scarcity. While there are townhomes available, some buyers may be hesitant to compromise on a single-family home.

Competition and Limited Inventory 

Alpharetta's real estate market remains competitive, even during slower periods. Desirable homes priced appropriately tend to fly off the market quickly. With the recent decrease in interest rates, an influx of buyers is expected, potentially driving home prices back up. Limited inventory and high demand make buying a home in Alpharetta a challenging task.

Condition of Resale Homes

For those willing to consider resale homes due to the limited new construction options, the condition of homes in the price range can be surprising. Homes listed for $500,000 or less may require significant renovations, leading to concerns about the value for money.

Traffic and Overdevelopment

Alpharetta's success as a developed area comes with some drawbacks, such as increased traffic and what some may perceive as overdevelopment. If you're seeking a quieter, more spacious living environment, Alpharetta may not be the ideal choice, as it is a true suburban town with all the perks and disadvantages of a larger city.

KeyPoint

While Alpharetta boasts excellent schools, shopping, and a convenient location, potential residents must weigh the drawbacks outlined above. The high cost of living, limited new construction options, competition in the real estate market, the condition of resale homes, and the urbanized nature of the town are essential considerations when deciding whether Alpharetta is the right place to call home. If you're considering a move to Georgia, it's crucial to weigh these factors and perhaps explore alternative towns like Milton.