Micro-home community South Park Cottages offers locals an affordable alternative to renting. Homes in the community start at $190,000, and the typical monthly mortgage payment is around $1,500.South Park Cottages is so popular that its developer is building another community in Georgia.
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Booker Washington dreamed of building a community where everyday people could afford to buy a homeEnter South Park Cottages, a village of 29 tiny homes just outside Atlanta that opened in 2023 with prices from $190,000 to $230,000.Compare that to the typical home sold in Atlanta, which Redfin found cost $431,250 as of February 2024.The demand was clear: All 29 homes — one- and two-bedroom units ranging from 400 to 650 square feet — sold out over a year before they were even built and less than two months after hitting the market.
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Washington, the 41-year-old owner and founder of micro-home-builder Techie Homes, wanted to offer locals an alternative to renting or buying a traditional single-family home.”Accessible homeownership is an issue in Atlanta,” he said. “Our goal is to provide homes at a price point where mortgages are equal to or less than the cost of renting a one-bedroom apartment.”Located in College Park, Georgia, South Park Cottages has been so successful that Washington is building a second community, Union Park Cottages, nearby. Sales for its 26 homes launch later this month.South Park Cottages is also the first Black-owned micro-home community in the Atlanta area. Take a look around.
