A Great Time To Buy In Up And Coming Nashville Neighborhoods

Dated: 08/22/2014

Views: 1803

by TJ Anderson

Riverside Village in Inglewood

If you’ve been renting in the Nashville area for a while, you’ve certainly noticed the changes in the market here — rents are rising, inventory is dwindling and keeping a handle on monthly budgets is getting more difficult for many of us.

Local and national publications haven’t missed those changes either:

I’m not just complaining and hand-wringing by bringing this up. If you’ve been struggling with rising rent, here’s some food for thought: Mortgage rates are still enticingly low, and there are still great areas in Nashville that buyers can get into at reasonable prices. If you’re thinking about buying, I’d love to help. Here are a few of the areas I think are great, on-the-rise buys right now: 

The Nations/Historic West Town


Close to downtown and right by well-loved Sylvan Park, this neighborhood has been showing remarkable growth over the past few years, with classic Craftsmans and cottages getting renovated, new construction broadening options and great new businesses popping up, like venue/food and drinks stop The Stone Fox and the new Rumours Wine Bar.

Woodbine


A diverse and growing neighborhood in South Nashville, Woodbine offers easy commutes (you’re right on top of 440 and 24), easy access to 100 Oaks/Vandy, lots of historic charm (you can still find affordable cottages, even Victorians) and a really approachable cost of living. 

Inglewood


Yes, getting into 37206 can be challenging for a lot of first-time homebuyers these days (though it’s certainly not impossible). Right up against it, 37216 offers access to all those great East Nashville eateries and shops and a mix of historic homes and new builds, many of which are very affordable. 

Donelson


Take it from the Hip Donelson Farmers Market folks: Their neighborhood is cool, and getting cooler. All around Donelson (a convenient stone’s throw from East Nashville), you can grab homey, renovated mid-century ranches with ample green space, plus upscale new construction, and newer (but not new) homes that split the difference. 

Historic Old Hickory Village


If you’re drawn toward historic homes and a tight-knit community feel, take a look at Old Hickory Lake and the adjacent Historic Old Hickory Village, initially built up in the early 1900s to house employees of the DuPont Co. The Village’s Mayberry feel is in part due to its consistent look — many of the homes are one of just a few historic designs, like "The Davis" or "The Haskell," and many, even when renovated, still bear the touchstones of their ample history. The area’s only getting better with the improvements at Blackjack Cove marina, but it’s still very doable even for first-time buyers.

Do any of these neighborhoods pique your interest? Wanna talk about some other up-and-coming areas in Davidson or Williamson county? Drop me a line.
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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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