The Home Buyer's Korner

Information presented should be used for educational purposes only.

January 3rd, 2016

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WILLIAMSON COUNTY, TENNESSEE AREA

Home Buyer’s Korner

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Granville Rd/Hillsboro Rd Neighborhood

Franklin, Tennessee

Hillsboro RD Franklin TN

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Granville Rd/Hillsboro Rd neighborhood a suburban neighborhood located in Franklin, Tennessee. The median real estate price in the Granville Rd/Hillsboro Rd neighborhood is $356,079, which is more expensive than 96.3 percent of the neighborhoods in Tennessee and 80.1 percent of the neighborhoods in the U.S.

The average rental price in Granville Rd/Hillsboro Rd is currently $1,007, and the average rental cost in this neighborhood is higher than 75.1 percent of the neighborhoods in Tennessee.

In Granville Rd/Hillsboro Rd, the current vacancy rate is 0.0 percent, which is a lower rate of vacancies than 100.0 percent of all neighborhoods in the U.S., and means housing supply is very tight compared to the demand.

Granville Rd/Hillsboro Rd real estate is primarily made up of medium sized three or four bedroom to small two bedroom single-family homes, condominiums and town homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Granville Rd/Hillsboro Rd neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 2000 to present day.

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 nearing retirement age, or in retirement, the Granville Rd/Hillsboro Rd neighborhood is an excellent choice for you to consider for a top-quality retirement living. This neighborhood is rated in the top 7.6 percent of retiree-friendly neighborhoods in Tennessee, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it’s because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, this neighborhood is a top-notch place to consider if you are thinking of or planning to retire in Tennessee. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.

In addition, with a real estate vacancy rate of only 0.0%, the Granville Rd / Hillsboro Rd neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate a very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

Your future neighbors in the Granville Rd/Hillsboro Rd neighborhood of Franklin enjoy middle class incomes, and this neighborhood has a higher income than 56.6 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 Granville Rd/Hillsboro Rd neighborhood, 40.5 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 28.8 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 19.4 percent, and 11.2 percent in manufacturing and laborer occupations.

Culture is shared learning behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture, our learned behavior, comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Granville Rd/Hillsboro Rd neighborhood of Franklin, Tennessee, residents most commonly identify their ethnicity or ancestry as English at 8.9 percent. There are also a number of people of Mexican ancestry at 7.3 percent, and residents who report German roots at 7.1 percent. Some of the residents are also of Irish ancestry at 7.0 percent, along with some Scots-Irish ancestry residents at 3.8 percent, and 1.1 percent is of Austrian ancestry, among others.

The most common language spoken in the Granville Rd/Hillsboro Rd neighborhood is English, spoken by 91.0 percent of households, followed by 8.1 percent of households who speak Spanish.

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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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37069 Franklin Cotton Lane Bridal Way Ct Hidden River Lane Aylesford Ct Aylesford Ln Ayleworth Ln Butterfly Ct Winged Foot Dr Kimberleigh Ct Summerset Grn Patricia Lee Ct ST ANDREWS DR Price Rd Heather Ct Reigh Ct Boxwood Dr Hideaway Trl Harts Landmark Dr Shady Glen Ct Mansfield Ct Stonebridge Park Dr Cottonwood Rd Echo Ln Wyndham Hill Ln Del Rio Ct Bembridge Ln Burlington Pass Heather Dr Chapelwood Dr DEL RIO PARK Del Rio Pike Chapelwood Ln Kendall Ct Shenandoah Trl Fox CtHill  Lovell Ct Ben Brush Cir Hunters Trail Dr McIntyre Ct Aspen Grove Rd J-10 Temple Crest Dr Temple Crest Trl Lake Ridge Ct Wilcot Way Stanley Park Ln Deer Lake Rd Carphilly Cir Baltusrol Rd Watermill Trce Davenport Blvd Whitehall Dr Lake Ridge Way Temple Rd Loomis Ct Old Hillsboro Rd Aldwych Cir Linden Ct Glen Haven Ln Silvercreek Ct Hunting Creek Rd Saddlebridge Ln Cumberland Park Dr Treemont Ln Shepherd Dr Ponder Dr Norvich Ct Treeshore Ln Arbor Dr Thomas Glen Cir Longwood Dr Sneed Rd W SAWYER BEND CIR Sawyer 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