What You Get For The Money In Middle Tennessee

Dated: 06/08/2015

Views: 1288

by TJ Anderson


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Pretty much everyone in Nashville knows just how busy the real estate market here is by now — but let’s put it into numbers perspective. 


New figures from the Greater Nashville Association of REALTORS® show that there was a 15.6 percent increase in the number of closings this May from May 2014. A pretty serious leap. When we’re talking year to date, it’s still a really impressive increase: an 11.6 percent jump from the numbers through May of last year. 


This busy market can make things more intense for buyers (and — I know I’m biased, but — that makes the expertise and market knowledge of a Realtor that much more key). 


If you’re just starting to look around in Nashville/Middle Tennessee, it might feel a little overwhelming, getting a sense of what’s available, and what meets your needs and fits in your budget. With that in mind, I decided to start a little blog series about what you can get for the money in our area, looking around at different neighborhoods and price points.


A good place to start, I figure, is the median residential price for a single-family home in Nashville as of last month: $235,000. (I’ll ramp up the budget in the coming weeks.)


So, to kick off the series, here’s a look at some properties that are on the market now in Nashville and nearby, listed at or around $235,000:



BELLEVUE

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3936 Bridgeview Ln.

Nashville, TN 37221

$229,900

Looking west to Bellevue remains a really great value for buyers hunting for a nice family home — this 3-bed, 2 1/2-bath home in the Riverbridge community has a spacious master suite, large wrap-around porch for enjoying the weather (this week notwithstanding) and a two-car garage, among other high points.



BRENTWOOD

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7300 Autumn Crossing Way

Brentwood, TN 37027

$235,000

Brentwood has a long history as a well-loved community, and it can be tough on more modest budgets, but here you go: a newer 3-bed, 2-bath home that’s been well kept, with good-sized rooms and a 2-car garage.


DONELSON

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3268 River Walk Dr.

Nashville, TN 37214

$225,000

A neighborhood on the rise, Donelson still has some great homes at first-time-buyer budgets — this 3-bed, 2-bath has more than 2,000 square feet of space, a lofted ceiling the the living area and a really cool screened-in porch that adds tons of room for entertaining.


DOWNTOWN

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700 Church St., Apt. 404

Nashville, TN 37203

$225,000

Downtown living is growing and growing in Nashville, and for well under that median, you can get into a 1-bed, 1-bath in a cool, historic property (the Bennie Dillon building) with loft-like appeal (exposed brick and ductwork, modern finishes) and lots of amenities, like 24-hour fitness and — really beneficial to come by downtown these days — private parking.


EAST NASHVILLE

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1954 Porter Rd.

Nashville, TN 37206

$230,000

East Nashville, as we all know, is a hugely popular market right now, and finding a great single-family home under $300,000 isn’t exactly a cakewalk. But they do exist. This stone cottage in Porter Heights is cozy — with 2 beds and 1 bath over a little under 1,100 square feet — and it’s cute, with charming curb appeal, a room-elevating fireplace in the living room and a really unique and eye-grabbing front door. A pretty great start for first-time homebuyers.



MIDTOWN

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1803 Broadway Apt. 426 

Nashville, TN 37203

$235,000

Looking to be right in the thick of it? In Midtown, a contemporary 1-bed, 1-bath condo close to Vandy and Music Row and with lots of amenities — rooftop deck, gym — is in your budget.


THOMPSON’S STATION

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3403 McGee Cv

Thompson's Station, TN 37179

$225,000

In Thompson’s Station, this budget gets you a newer home with more than 1,800 square feet, 3 beds and 2 baths, with a huge fenced-in yard on a cul-de-sac for kids and dogs to play in, a great gas fireplace and move-in-ready condition, top to bottom.


WOODBINE

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200 Elberta St.

Nashville, TN 37210

$230,000

A little TLC would be needed for this one in up-and-coming Woodbine, but it’d be worth it — a historic home built in 1909, with nearly 3000 square feet, 4 beds, 2 1/2 baths and 10-foot ceilings in a rapidly rising neighborhood definitely has appeal if you’re handy or drawn toward renovating.


Depending on where you’re looking, that median budget can still go a pretty long way in Middle Tennessee. Any of these homes meet your must-haves? If you need some help navigating the busy Middle Tennessee market, we’re always here — just reach out.


Check back here on the blog in the coming weeks for looks at what you can get around town as you move up in budget…

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TJ Anderson

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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