By Hannah Goodman of Trulia
Whether you are new to the area and want to find the perfect neighborhood to fit your needs, or a local looking to upgrade to a larger property, Knoxville, Tennessee is a great place to find the home of your dreams. This eastern Tennessee metropolitan area is home to some amazing hidden real estate gems.
Looking for a safe, quiet and affordable area to settle down with your family? Want the residential feel of a suburban neighborhood without the long commute? Check out the homes for sale in North Knoxville. With a current average listing price of $122,636, there is a home in North Knoxville for every budget. While the area isn’t necessarily known for its restaurant and shopping options, Downtown Knoxville’s many amenities are only a short six mile drive away. Don’t mind a longer commute into the city? Head southwest to Farragut and Bearden, both popular areas for buyers with families seeking a safe, affordable home close to great schools.
Don’t mind a longer commute into the city? Head southwest to Farragut and Bearden, two neighborhoods located just southwest of Knoxville. Both areas are located along Kingston Pike, the popular thoroughfare that is home to many shops, malls and restaurants. Not to mention both areas are known for their access to multiple parks. Interested in a home near the water? Take a look at the homes near Concord Yacht club, along Northshore drive. The sprawling waterfront estates are understandably more expensive, with listing prices that range from $700,000 up into the millions.
A home in Bearden not only provides access to the area’s many trendy boutiques and locally-owned restaurants, the area also boasts one of Knoxville’s best school districts. The neighborhood borders Kingston Pike to the north, a popular thoroughfare that feeds directly into Downtown Knoxville, and Fort Loudoun Lake to the south. Many residences in the area are also within walking distance of a park or two. Looking to purchase a home in Bearden? Expect to pay upwards of about $350,000. Although, there are pockets of great real estate deals to be found throughout Bearden.
Ten years ago Farragut was mostly farmland, but as Knoxville has grown, so has this up-and-coming area. Today, Farragut has become increasingly popular. The area, like Bearden, is known for its top-rated school district. Turkey Creek Shopping Center, centrally located in the middle of Farragut, provides great restaurant and shopping options for the area’s ever-growing population. Decided to buy in Farragut? Homes for sale in the area typically range from upwards of $350,000.
Looking for a bargain property? According to Trulia economists, in their recent article, “Where is a “Bargain” Really a Bargain?” With a median listing price of $169,000, and a typical discount of 12.8 percent, Knoxville ranked third in the country on the list of “Markets with the Biggest Discount on Bargain Properties.”
Convinced that Knoxville is a great place to search for a home? Ready to find a real estate agent to help you begin your search? Trulia Top Agent Tiffany Dorn is here to help. Contact her today!