The Tennesseean reported last week that, in Nashville, “Downtown Stands Up to Downturn”.
Many homes are retaining their value in downtown areas of Nashville and Franklin. Local realtors are seeing downtown homes, particularly historical homes, moving more quickly. One realtor claimed “Values are still strong because downtown has no rival”, as downtown has a unique charm, and is within close proximity to restaurants and entertainment.
Currently, there is plenty of housing inventory downtown. Many agree that prices had inflated even before the housing crisis. In 2006 and 2007, downtown Franklin homes were commanding as much as $325 per square foot. While the market for $1 million homes and above has diminished, historic homes are still hot commodities. Historic properties are priced higher per square foot, due to the fact that they cannot be rebuilt.
While Downtown Nashville properties have had prices reduced, they have not been discounted by the same percentages as in other areas. Realtors are encouraged, telling clients that the market will change, but sellers need to have patience.
Making the move to Nashville, Franklin, or another city in Middle Tennessee? Visit All My Sons of Nashville to learn about efficient and economical moving services in the greater Nashville Metro area. Click here for information on All My Sons of Nashville.
Tuesday, May 26, 2009
Tuesday, May 19, 2009
Trails Project Moving Along in Clarksville
The Rails to Trails project in Clarksville is moving along, and a significant part of the project should be completed by summertime.
On Monday, paving began in Clarksville, Tennessee on the city’s new bike and pedestrian path. Clarksville’s Street Department has performed work on the project, which began at the beginning of the year. The first section, North of Pollard Road, should be available for public use by summertime.
The new trails are located in the wooden area in the center of Clarksville, with Big West Fork Creek flowing adjacent to the project. The trail is 10 feet wide, and 3.5 miles long, with a 70-ft pedestrian bridge. The paved trails will have decorative guardrails and will offer a scenic view, complete with picnic tables and benches.
The Rails to Trails project will be celebrated with a public event in the near future. The project was funded by leftover dollars from the Strawberry Alley project, as well as by the profits from red light ticketing cameras. Gravel, asphalt, and other supplies were donated through local companies.
Moving to Clarksville or another area in Greater Nashville? Contact All My Sons of Nashville for information on moving services in Middle Tennessee.
On Monday, paving began in Clarksville, Tennessee on the city’s new bike and pedestrian path. Clarksville’s Street Department has performed work on the project, which began at the beginning of the year. The first section, North of Pollard Road, should be available for public use by summertime.
The new trails are located in the wooden area in the center of Clarksville, with Big West Fork Creek flowing adjacent to the project. The trail is 10 feet wide, and 3.5 miles long, with a 70-ft pedestrian bridge. The paved trails will have decorative guardrails and will offer a scenic view, complete with picnic tables and benches.
The Rails to Trails project will be celebrated with a public event in the near future. The project was funded by leftover dollars from the Strawberry Alley project, as well as by the profits from red light ticketing cameras. Gravel, asphalt, and other supplies were donated through local companies.
Moving to Clarksville or another area in Greater Nashville? Contact All My Sons of Nashville for information on moving services in Middle Tennessee.
Monday, May 11, 2009
Nashville Moving Toward Smaller, Upscale Homes
This week, The Tennessean profiled Bernie Bloemer, a Brentwood homebuilder known for mansions and upscale, custom homes in Nashville. Bloemer has built in areas including Oak Hill, Green Hills, and Princeton Hills. The scope and scale of his creations has been enormous--15,000-20,000 square foot homes that include features to the obscure - like gymnasiums and casinos.
However, considering the economy, Bloemer is now planning two new projects in Fairview—already named Heartland Reserves and Huntington Park. Bloemer’s mega-mansions are being scaled back to 2,000-3,000 square foot homes in French country designs that should appeal to families. Additionally, Huntington Park is a planned 36-townhome community with prices in the $195,000-$220,000 price range. The townhomes are planned to be 1700-1800 square feet with 3 bedrooms that should appeal to young couples and retirees. Both areas are in wooded areas with many hills, trees, and planned walking trails.
In order to complete the project, the builder has partnered with three other contractors, amid the recession. Work is expected to begin in June. The three believe that people still want custom homes, just on a smaller scale…..
Moving to Nashville, Brentwood, Franklin or other parts of Middle Tennessee? Contact All My Sons of Nashville—serving all of Middle Tennessee. Click here for information on our moving services in greater Tennessee.
However, considering the economy, Bloemer is now planning two new projects in Fairview—already named Heartland Reserves and Huntington Park. Bloemer’s mega-mansions are being scaled back to 2,000-3,000 square foot homes in French country designs that should appeal to families. Additionally, Huntington Park is a planned 36-townhome community with prices in the $195,000-$220,000 price range. The townhomes are planned to be 1700-1800 square feet with 3 bedrooms that should appeal to young couples and retirees. Both areas are in wooded areas with many hills, trees, and planned walking trails.
In order to complete the project, the builder has partnered with three other contractors, amid the recession. Work is expected to begin in June. The three believe that people still want custom homes, just on a smaller scale…..
Moving to Nashville, Brentwood, Franklin or other parts of Middle Tennessee? Contact All My Sons of Nashville—serving all of Middle Tennessee. Click here for information on our moving services in greater Tennessee.
Monday, May 4, 2009
Property Assessments Move up in Nashville
According to The Tennesseean, recent property assessments have created a bit of controversy.
Metro reappraisals have indicated that property values are either high, or have gone up too much. However, the Davidson County property assessor spoke about the countywide reappraisal and has stated that while there may be higher taxes for many, the values estimated by the property appraisers office were 16% higher than in 2005.
The tax hike has surprised many local property owners, even though the prices are mostly exclusive to the center of the city. In areas like East Nashville, MetroCenter, Hillsboro Village, Berry Hill, and Belle Meade residents have seen property value increases. The president of Historic Edgefield claims that he is in support of the new appraisals, due to the fact that they indicate that ‘everybody wants to live in East Nashville'. Despite the recession, areas like Germantown and Sylvan Park – in the center of the city – have grown significantly in the past several years.
If unsatisfied, owners are able to ask for a review of their appraisals, if they believe them to be unrealistic.
Making the move to Nashville or Davidson County? All My Sons of Nashville provides moving services for East Nashville, Germantown and also to Franklin and Murfreesboro. Click here for information for an economical and efficient move to Metro Nashville!
Metro reappraisals have indicated that property values are either high, or have gone up too much. However, the Davidson County property assessor spoke about the countywide reappraisal and has stated that while there may be higher taxes for many, the values estimated by the property appraisers office were 16% higher than in 2005.
The tax hike has surprised many local property owners, even though the prices are mostly exclusive to the center of the city. In areas like East Nashville, MetroCenter, Hillsboro Village, Berry Hill, and Belle Meade residents have seen property value increases. The president of Historic Edgefield claims that he is in support of the new appraisals, due to the fact that they indicate that ‘everybody wants to live in East Nashville'. Despite the recession, areas like Germantown and Sylvan Park – in the center of the city – have grown significantly in the past several years.
If unsatisfied, owners are able to ask for a review of their appraisals, if they believe them to be unrealistic.
Making the move to Nashville or Davidson County? All My Sons of Nashville provides moving services for East Nashville, Germantown and also to Franklin and Murfreesboro. Click here for information for an economical and efficient move to Metro Nashville!
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