Higher costs of borrowing can make relocation unappealing for homeowners who have locked in low mortgage interest rates. Renovation gives an opportunity to upgrade homes without obtaining new mortgages.
What's Behind Home Renovation Boom
Author
Terri SanderLast Update
September 20, 2026

Home renovation has now become a key factor in the luxury homes sector of Buckhead. People are increasingly choosing older properties that have been well-renovated rather than going for new developments.
The reason for this is obvious. The renovation gives people the possibility to obtain all the amenities of modern life, including a modern kitchen and other systems, while retaining their architectural design.
In addition to the rising mortgage interest rates, people are increasingly choosing not to move but to stay in the homes where they are. This means they have to renovate their existing homes, but they need to know which features to renovate and preserve.
- Why More Buckhead Homeowners Are Renovating Instead of Moving
- Historic Restrictions Can Affect the Renovation Timeline
- Which Renovations Deserve the Most Attention?
- Dont Overlook Older Appliances
- What Buyers Should Check Before Buying an Older Buckhead Home
- The Goal Is a Home That Feels Updated, Not Erased
- What the Renovation Boom Means for Buckhead Buyers
- FAQs
Why More Buckhead Homeowners Are Renovating Instead of Moving
One of the contributing factors that explain why renovation has become an activity is the mortgage rate.
Homeowners who purchased or refinanced when rates were below 3% in 2020 and 2021 may be reluctant to sell and finance another home at today’s higher borrowing costs. Moving could mean giving up a low-rate mortgage and taking on a substantially more expensive loan.
For some people, remaining in the same house becomes financially beneficial.
The challenge is that many of Buckhead’s established neighborhoods contain homes that were built decades ago. A house may have beautiful architectural details and a desirable location while still having an outdated kitchen, aging mechanical systems, older windows, or other stuff that require appliance repair in Buckhead rather than immediate replacement.
That is where renovation comes in.
Rather than replacing an older estate with new construction, homeowners can update the spaces and systems that need attention while retaining the features that give the property its identity. In a neighborhood where architectural character is part of the appeal, that balance can be important.
Historic Restrictions Can Affect the Renovation Timeline
Renovating an old house in Buckhead is not as straightforward as finding a contractor and selecting finishes.
Some properties are located within historic districts or areas subject to zoning overlays. Older homes around West Paces Ferry and Blackland Road, including some 1940s Colonial Revival and mid-century properties, may face additional requirements.
For a buyer considering an older estate, those requirements should be part of the due-diligence process.
A renovation that looks straightforward on paper can become more involved if proposed exterior changes require approval. Depending on the property and the scope of the work, elements such as windows, exterior materials, rooflines, and other visible features may be subject to restrictions.
This does not mean that an old house is not a good investment. This only means that when planning renovations for the house, you need to start with a clear understanding of what can and cannot be changed.
Before making an offer, buyers should determine whether the property has historic or zoning restrictions and whether the improvements they have in mind would require additional approvals. Knowing that early can prevent an unrealistic renovation budget or timeline later.
Which Renovations Deserve the Most Attention?
Expensive renovations do not always make the most sense.
Kitchens are often among the most noticeable areas in an older home, but a complete gut renovation with custom cabinetry and professional-grade appliances can quickly become a major expense. The original draft estimates a full kitchen renovation in metro Atlanta at roughly $80,000 to $120,000, while more targeted improvements may fall closer to $25,000 to $45,000. Treat these figures as project-specific estimates rather than universal costs, since materials, labor, design choices, and the condition of the existing space can significantly affect the final price.
A targeted renovation might be sufficient for some homeowners.
Replacing countertops, refacing or updating cabinetry, improving lighting, and upgrading appliances can change the way a kitchen feels without requiring every component to be removed. The same principle can apply elsewhere in the house. Before committing to a full replacement, it is worth determining whether an existing feature can be repaired, restored, or incorporated into the renovation.
This method could be especially helpful for old estate houses, which are difficult to restore because some materials cannot be found anymore.

Don’t Overlook Older Appliances
However, appliances require separate discussion, especially when they are in the older Buckhead houses.
Older Sub-Zero and Wolf appliances can sometimes be repaired rather than replaced. Whether that makes sense depends on the equipment’s condition, parts availability, repair costs, and the homeowner’s broader renovation plans.
There can also be an aesthetic reason to keep an older appliance. If a kitchen has been designed around its original range or refrigerator, replacing it may create a domino effect that leads to additional cabinetry, finish, or layout changes.
Before automatically adding replacement appliances to the renovation budget, have a qualified appliance repair professional evaluate older units. Appliance EMT can help homeowners determine whether an aging appliance is a good candidate for repair or whether replacement makes more sense. A professional assessment may reveal that an appliance still has useful life left, potentially saving the homeowner from replacing a functional unit simply because it looks dated.
This brings us back to the point that renovations don’t necessarily imply throwing away everything old in the home.
What Buyers Should Check Before Buying an Older Buckhead Home
If you’re considering a Buckhead property as a part-time residence rather than a primary home, you’ll also want to think about how the property functions when you’re away. Our guide to buying a Buckhead pied-à-terre or second home covers factors such as property type, security, building rules, carrying costs, and resale considerations.
A house that requires work is not necessarily a teardown. However, be aware that you can’t necessarily upgrade an older kitchen to your specifications with a limited budget.
Start by determining what you’re actually buying.
During due diligence, ask:
- Which major systems are original?
- When were the kitchen and bathrooms last renovated?
- What electrical, plumbing, roofing, or HVAC work has already been completed?
- Are there historic-district or zoning restrictions affecting the property?
- Which proposed improvements would require approval?
- Which features need immediate replacement?
- Which materials, fixtures, or appliances could be repaired or restored?
- Which original architectural details should be preserved?
The responses will definitely affect how you assess the property.
A dated kitchen may require a complete renovation. Or it may need new surfaces, updated appliances, and better lighting. An older appliance may need replacement, or it may simply need qualified servicing. A home with original architectural details may require more care than a newer property, but those same details can be part of what makes the house desirable.
This explains why the cost of renovation should not be considered independently. This is because the condition of the property, architectural design, and location play a big role.
The Goal Is a Home That Feels Updated, Not Erased
Renovations that add the most value may not actually change an old Buckhead estate into a new-build home.
Instead, they bring the home up to modern standards while respecting what was already there.
That can mean opening up a kitchen while retaining distinctive millwork, updating mechanical systems without altering the home’s exterior character, or improving finishes without stripping away architectural details. The best result is often a house where the renovation feels intentional rather than obvious.
That philosophy is reflected in the work associated with some of the builders and designers connected with Buckhead’s high-end properties, including Siegel Construction, Harrison Design, and Tish Mills Interiors. They demonstrate the value of mixing the functionality of contemporary living with the character of a long-established estate.
For buyers, this distinction matters. A recently renovated house isn’t necessarily better simply because more was replaced. The quality of the renovation and how well it fits the original property can matter just as much.
What the Renovation Boom Means for Buckhead Buyers
The renewed attention on renovated estate homes suggests that buyers are placing a premium on convenience, condition, and thoughtful design while still valuing established neighborhoods and architectural character.
For sellers, this means that it could be worthwhile to consider some changes before listing an old property. For buyers, it raises another question beyond the purchase price: how much work will this property realistically require to become the home you want?
That answer can vary widely from one house to the next.
An older Buckhead estate with a dated kitchen isn’t necessarily a problem. It may simply require a more careful look at what should be updated, what can be repaired, and what should remain untouched.
If you’re considering an older Buckhead property, understanding that distinction can help you evaluate the home more realistically and avoid basing your decision solely on whether the finishes look new.
Sonny Jones deals with clients who are evaluating both renovations and homes that have some potential. When you’re ready to compare the renovation possibilities with the realities of the Buckhead market, a thoughtful evaluation can help you decide what makes sense before you make your next move.
FAQs
Why do homeowners from Buckhead renovate rather than relocate?
What renovations should take precedence over others?
It depends on how the home needs to be renovated. The systems of the house, the kitchen, the bathrooms, and the needed repairs must precede cosmetic work.
Is it advisable to replace old appliances in renovation?
Not necessarily. Old appliances may still have some life left in them and can potentially be repaired, based on their current state and whether replacement parts can be acquired.
Does renovation of an old Buckhead home mean needing to allocate a huge budget for the renovation?
Not necessarily. Depending on the current state of the home, the amount of renovation needed might not be that much.


