by TJ AndersonLast week, WKRN in Nashville took a little breather from the busy real estate market in Nashville, and focused on the busy real estate market in Lebanon, TN.It’s showing “no signs
The Nations As A Symbol Of Growth In Nashville
by TJ Anderson
If you’ve been in Nashville over the past few years, the city’s “rapid growth” isn’t news to you — in the years between 2006 and 2015, Davidson County alone added more than 41,000 residents, and it’s expected to look more like 90,000 by 2025.
We all see that growth reflected in many Nashville neighborhoods, from East Nashville’s rise as a culinary capital to Germantown’s emergence as a walkable set of training wheels for bigger-city expats. If you ask The Tennessean, though, the clear symbol of Music City’s rapid-fire development is on the West side of town, in The Nations.
According to a new piece in the Nashville daily newspaper, the influx of restaurants, retail and busy home and apartment development makes The Nations particularly emblematic of our city’s changes — and many expect the neighborhood to cross the threshold from “up-and-coming” to completely up-and-come in no time.
“(The Nations is) going to be like a 12South, but it’s going to be the West Nashville version of it and it’s going to have a different feel and flavor than 12South,” Metro Councilwoman Mary Carolyn Roberts told The Tennessean.
Roberts also shared an eye-opening estimate: that around 5,000 homes have been built in the area over the last six years. For a small corner of Nashville, that’s definitely an impressive amount of activity.
What that means in March of 2017: The window for snagging a real-estate bargain in The Nations is slamming (if not already shut), but Nashville homebuyers looking for an area that’s convenient to downtown and also has a vibrant culture could do much worse than househunting in The Nations.
Some things you should know if you’re thinking about buying a home in The Nations, culled from our site data:
The average per-square-foot home price in The Nations as of this posting: $200
Average home price: $411,195
That still compares pretty favorably to Davidson County overall — the county average home price is $619,134, and the average per-square-foot figure is $239.
Curious to see what’s currently on the market in The Nations? Here are a few home listings that illustrate the kind of options Nashville homebuyers can find there:
5515 Rome Ave.
Nashville, TN 37209
This mid-century brick home just a few blocks off of The Nations’ “hot street” of 51st Ave. N. is already updated — refinished floors, nicely overhauled kitchen and more. And at 1500-plus square feet, it’s a solid size for a starter home.
4509 B Georgia Ave.
Nashville, TN 37209
As The Tennessean noted, new construction is really prevalent in the Nations right now, but you do still see historic homes hit the market from time to time, like this 1930 Victorian, currently set up (and rented) as a duplex. There’s a ton of potential here for someone inspired to convert it back to a single-family home, or live in part while renting the other. From the porch to the transom windows, it’s got that historic cool that’s really tough to reproduce.
Nashville, TN 37209
A good example of the kind of new construction you’ll see in The Nations now: open floor plan, upscale finishes (marble countertops, custom tiles), hardwoods throughout, etc. The double-porch design has become particularly popular in the neighborhood, too, adding a little bit of a Charleston feel.
Are you thinking about buying a home in The Nations? Hunting for Nashville neighborhoods that are a little earlier in the growth phase? We’d love to help you explore the city, and homes that are on the market. Call or email TJ Anderson Homes, and tell us about your wish list.
Properties are listed with their own respective real estate firms, and not under agreement with TJ Anderson and/or Benchmark Realty, LLC.
TJ Anderson is a Nashville Realtor with Benchmark Realty who's helped countless clients both buy a home and sell a home in Nashville, Tennessee. He blogs about Nashville regularly, from Nashville-area....
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