The Home Buyer's Korner

Information presented should be used for educational purposes only.

December 25th, 2015

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WILLAMSON COUNTY, TENNESSEE AREA

Home Buyer’s Korner

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Fairview Blvd/Chester Rd Neighborhood

Fairview, Tennessee 

Fairview 1

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The Fairview Blvd/Chester Rd area is a suburban neighborhood located in Fairview, Tennessee. The median real estate price in the Fairview Blvd/Chester Rd neighborhood is $186,413, which is more expensive than 79.2 percent% of the neighborhoods in Tennessee and 52.2 percent of the neighborhoods in the U.S.

The average rental price in Fairview Blvd/Chester Rd is currently $834, and rents here are currently lower in price than 46.0 percent of Tennessee neighborhoods.

Real estate vacancies in Fairview Blvd/Chester Rd are 6.3 percent, which is lower than one will find in 67.7 percent of American neighborhoods. Demand for real estate in Fairview Blvd/Chester Rd is above average for the U.S., and signals some demand for either price increases or new construction of residential product for this neighborhood.

Fairview Blvd / Chester Rd real estate is primarily made up of medium sized three or four bedroom to two bedroom single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Fairview Blvd/Chester Rd neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 2000 and the present.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels. 

If you’re looking for a great spot to raise a family, then look no further than the Fairview Blvd/Chester Rd neighborhood. The combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 15.0 percent of family-friendly neighborhoods across the state of Tennessee. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.

There are two complementary measures for understanding the income of a neighborhood’s residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people – particularly children – who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

Your future neighbors in the Fairview Blvd/Chester Rd neighborhood in Fairview enjoy middle class incomes, and this neighborhood has a higher income than 58.5 percent of the neighborhoods in America. 

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Fairview Blvd/Chester Rd neighborhood, 36.9 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.4 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 18.9 percent, and 15.8 percent in manufacturing and laborer occupations.

Each neighborhood has its own culture derived primarily from the ancestries, and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture, some more unique than others, based on lifestyle, occupations, the types of households, and importantly, on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Fairview Blvd/Chester Rd neighborhood of Fairview, TN, residents most commonly identify their ethnicity or ancestry as Irish at 10.5 percent. There are also a number of people of English ancestry at 10.3 percent, and residents who report German roots at 9.1 percent. Some of the residents are also of Italian ancestry at 3.5 percent, along with some French ancestry residents at 3.1 percent, while 2.2 percent have Arab ancestry, and 1.0 percent of residents have Lebanese ancestry, among others.

The most common language spoken in the Fairview Blvd/Chester Rd neighborhood is English, spoken by 94.1 percent of households. Some people also speak Spanish at 3.1 percent.  

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TENNESSEE HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace a deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

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