A PATH TO Accessible homeownership
Check Out The Tiny-Home Village A Millennial Built, Where Units Priced As Low As $190K Sold Out In Less Than Two Months
Booker Washington dreamed of building a community where everyday people could afford to buy a home
Enter 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.
South Park Cottages is also the first Black-owned micro-home community in the Atlanta area. Take a look around.
[The first sketch of the South Park Cottages' layout. Courtesy of Techie Homes]
In 2022, after being rejected by investors and banks, Washington crowdsourced $2 million for the development’s construction.
Washington spread the word about his vision by word of mouth, garnering support from locals and Bianca Motley Broom, the mayor of College Park since 2020.
[Homes in construction at South Park Cottages. Courtesy of Techie Homes]
Techie Homes acquired the land for South Park Cottages for $150,000 in October 2021 and construction was completed 18 months later.
Homes in the community range from 400 to 650 square feet and are two stories tall.
Some homes have one bedroom and others have two. All homes have one bathroom, along with a complete kitchen, living room, and laundry.
[A digital rendering of a home at South Park Cottages. Courtesy of Techie Homes]
The community’s homes have three different home layouts. One of the homes' three layouts features a 10-foot ceiling, an open loft, and floor-to-ceiling windows.
[An aerial shot of South Park Cottages. Courtesy of Techie Homes]
South Park Cottages has some communal amenities, including a quarter-mile trail for bikers and pedestrians and a 2,000-square-foot fruit and vegetable garden.
[Another angle of the homes at South Park Cottages. Courtesy of Techie Homes]
Many tiny-home villages in the US are geared toward renters, but South Park Cottages homes were available for purchase.
Homeowners were allowed to choose their preferred lender, Washington said, and the typical monthly mortgage payment is about $1,500.
[A living room in a home at South Park Cottages. Courtesy of Techie Homes]
Washington said he feels homeowners at South Park Cottages get good value for their money.
Home prices in Atlanta have been steadily increasing. According to Redfin, the median home price in Atlanta of $431,250 is 12% higher than the same time in 2023.
To read more about this micro-home community in Atlanta, head to Business Insider.