CMA Report
241 Maynard Ter #16, Atlanta, GA 30316
241 Maynard Ter #16.
A new-construction three-level townhome in the Urban Townhomes subdivision near Kirkwood Village and East Lake Village. This contemporary home offers luxury finishes including white quartz countertops, stainless steel appliances, an oversized master bedroom, a roommate-friendly floor plan, high ceilings, and a two-car garage. Community amenities include an HOA with easy access to I-20, public transit, shopping, and nearby trails. The property is located in the desirable 30316 ZIP code, one of the fastest-appreciating areas in intown Atlanta.
This CMA is prepared for the owner or prospective seller of 241 Maynard Ter #16, Atlanta, GA 30316.
Tommy Williams
Bailey Heritage Homes
License #287291
770-637-9774
Recent comps in 30316.
The following comparable properties were selected based on proximity to the subject property, similar property type (townhome/condo), and recent sale dates within the 30316 ZIP code.
| # | Address | Sale Price | Beds | Baths | Sq Ft | Price/SqFt | Sale Date |
|---|---|---|---|---|---|---|---|
| 1 | 241 Maynard Ter SE #7 | $380,000 | 2 | 2 | 1,801 | $211 | May 2026 |
| 2 | Kirkwood Townhouse (Undisclosed) | $490,000 | 3 | 4 | 2,231 | $220 | May 2026 |
| 3 | 765 Aerial Way | $515,000 | 3 | 3.5 | 1,793 | $287 | Apr 2025 |
| 4 | 1365 Memorial Dr SE #1 | $390,000 | 2 | 2.5 | 1,306 | $299 | Nov 2025 |
| 5 | 241 Maynard Ter SE (same model) | $499,900 | 3 | 3.5 | 2,231 | $224 | Oct 2025 |
- 1. Same community. Smaller unit (2 bed, 1,801 sq ft). Sold at $211/sqft.
- 2. Same size and room count. Most comparable comp. Sold at $220/sqft.
- 3. The Swift community near BeltLine. Smaller sq ft, higher price per sq ft.
- 4. Smaller condo unit. Higher $/sqft due to smaller size.
- 5. Same model in same complex. Sold at list price of $499,900.
30316 Market Analysis.
Up 7.7% year-over-year
Up 4.6% year-over-year
Average of 2 offers per home
Somewhat competitive with strong demand
Current Market Conditions
The 30316 ZIP code remains one of the strongest and most dynamic markets in intown Atlanta. With a median home price of $479,000 and year-over-year appreciation of 7.7%, the area continues to attract strong buyer demand driven by its proximity to East Atlanta Village, the BeltLine, Kirkwood, and downtown Atlanta.
Homes in 30316 are selling in an average of 43 days, receiving an average of 2 offers per transaction. This reflects a market that is somewhat competitive but still offers opportunities for well-priced, well-presented homes to attract multiple buyers. The 7.7% year-over-year price appreciation outpaces the Atlanta metro average and confirms that 30316 continues to be a strong performer.
Inventory levels are balanced relative to demand, though the market remains tilted in favor of sellers. The median price per square foot of $298 represents a 4.6% increase year-over-year, indicating that the area's value proposition remains strong even as broader market conditions moderate.
30316 has seen consistent appreciation over the past 5 years. The 7.7% year-over-year increase in median price is well above the Atlanta metro average. New construction townhomes and infill development continue to drive values upward. The Kirkwood and East Atlanta Village micro-markets within 30316 are the strongest performers.
At 43 days on market, 30316 moves faster than many intown neighborhoods. Properties priced correctly from day one can sell in under 30 days. Overpriced homes sit while their correctly priced neighbors go under contract. The 2-offer average indicates healthy competition but not a bidding-war frenzy.
Inventory in 30316 is balanced but tight for well-priced, move-in-ready homes. New construction townhomes like the Urban Townhomes community are adding supply, but demand continues to absorb new listings at a steady pace. The BeltLine Southside Trail extension will likely increase demand over the coming years.
Value range conclusion.
This estimated value range is derived from analyzing 5 comparable sales within the 30316 ZIP code, with greatest weight placed on properties most similar in size, age, condition, and location to the subject property.
Adjustments were made for differences in square footage, bedroom count, condition, and market timing. The current list price of $499,900 falls within the estimated value range, reflecting a market-appropriate starting point.
- New construction (2024) premium
- Kirkwood / East Atlanta location
- Two-car garage feature
- HOA community with amenities
- 7.7% YoY appreciation in 30316
What you could walk away with.
This is an estimated net sheet showing what a seller might expect to receive at closing. Actual numbers will vary based on the final sale price, negotiated terms, and your specific mortgage payoff. These figures are for illustration purposes only.
Important Note
These figures are estimates only. Actual closing costs, agent compensation rates, and net proceeds will vary based on the final negotiated sale price, specific lender payoff amounts, prorated property taxes, attorney fees, recording fees, and any credits or concessions negotiated with the buyer. Tommy can provide an exact, itemized net sheet tailored to your specific situation during a private consultation.
- Listing agent compensation at 3% (negotiable)
- Seller closing costs at estimated 2% (includes attorney fees, transfer taxes, recording fees)
- Prorated property taxes (varies by closing date)
- HOA transfer / estoppel fees (estimated $500)
- Agent compensation is always negotiable and is not set by law.
Every situation is different. Your actual mortgage balance, loan type, and closing date all affect the final numbers. Let's sit down and run your exact numbers together.
Schedule a ConsultationTommy's take on this property.
The 30316 market is one of the strongest stories in intown Atlanta right now. This property at 241 Maynard Ter #16 is a well-positioned new construction townhome in a community that has been attracting strong buyer interest since its launch. The Kirkwood and East Atlanta Village location is a major draw, and the 7.7% year-over-year appreciation in the ZIP code confirms that demand is not slowing down.
Pricing Strategy: The current list price of $499,900 is within the market range for this property type and condition. The most relevant comps -- the same-model unit in the same complex (sold at $499,900) and the comparable Kirkwood townhome (sold at $490,000) -- support this price point. However, the market is pricing-sensitive: correctly priced homes in 30316 sell in under 30 days, while overpriced homes sit through the critical first 14 days of market exposure. I recommend staying at or slightly below $499,900 to maximize buyer traffic and create competitive pressure in the first two weeks.
What Sellers in This Area Should Know: New construction townhomes in 30316 compete directly with the active inventory in the same community and nearby developments. The buyer pool includes young professionals, investors, and move-up buyers who value the contemporary finishes, two-car garage, and proximity to the BeltLine corridor. Staging or ensuring the unit is show-ready is essential. The 2024 build date is a strong selling point -- buyers in this segment are looking for turnkey, low-maintenance living with modern design.
Market Positioning: This property is well-positioned to attract a quick sale at or near the list price. The 30316 market continues to appreciate, and the new construction segment is particularly active. The key is getting the pricing, presentation, and marketing timeline right from day one. The first 7 days of market exposure are the most critical for generating maximum buyer interest and competitive offers.
I'm available to discuss this CMA in person or over the phone. I'll walk you through the numbers and answer any questions you have about the market, pricing strategy, or next steps. No pressure, just straight answers.
- Over 20 years of Atlanta real estate experience
- 521 homes sold across Metro Atlanta
- Deep expertise in 30316 market
- Proven pricing strategy for max value
- Seamless process from start to closing
This Comparative Market Analysis (CMA) is prepared for informational purposes only and does not constitute an appraisal. The data contained herein is based on information from sources deemed reliable but is not guaranteed. Comparable sales data is derived from public records and MLS data. Market conditions can change rapidly. This analysis is not a guarantee of value or sale price. All estimates are subject to the actual condition of the property, market conditions at the time of sale, and the terms of any offer.