Date line July 15, 2008 and a new city is born. Approximately 80% of the populous votes Yes to the referendum to form the City of Dunwoody.
While many believe that the city will help residence guide zoning and keep schools from being overcrowded, others argue that higher taxes are just around the corner. Regardless of the differences of opinion, the City of Dunwoody is now on the map!
So what does this mean for the citizens? Well let’s focus on the possible positives that could affect property values and real estate in the market.
First and foremost, agree or disagree, homogony of design and tight restrictions on building style create a theme for a community and generally causes an increase in property values.
Furthermore, tight controls of zoning and integrated neighborhood planning also help to create a commonality in development. This feeling of community creates desirability, a since of neighborhood and security and raises the reputation of the city.
As the city becomes known as a great place to raise a family because of superior school systems, low crime rates and great employment opportunities, home values will rise. This is good for the community and everyone in the city benefits.
Michael D. Gross