I never thought of Atlanta as a place that someone would want to retire to. But in the last two years I've been working with more and more people coming from California, Arizona and Florida who are finding Atlanta as a great place to retire. Most are impressed with the type of home that they can buy in the outer suburbs such as Forsyth county. They don't have to commute so the traffic isn't a big deal. There are some really nice golf club communities and the Mall of Georgia and North Point Mall are pretty close by.
The biggest incentive is the low property taxes. In Forsyth county, you don't pay school taxes if you are over 65 years of age. That is huge. A $700,000 home would have property taxes of less than $1000 per year!
I was working with a couple from Florida where taxes for a $700,000 are $15,000 and home insurance was an additional $15,000/year. They couldn't believe how cheap it was going to be for them in Forsyth county.
Cobb county also has a great tax break for seniors.
Tim Maitski
RE/MAX Greater Atlanta
404-216-0472
Atlanta real estate
Atlanta Realtor
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