The Home Buyer's Korner

Information presented should be used for educational purposes only.

October 14th, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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Greenbrook Pky/Stateline Rd E Neighborhood

Southaven, Mississippi

Lake Shore Drive W

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The Greenbrook Pkwy/Stateline Rd E area median real estate price is $94,634, which is more expensive than 57.5 percent of the neighborhoods in Mississippi and 17.3 percent of the neighborhoods in the U.S.

The average rental price in Greenbrook Pkwy/Stateline Rd E is currently $1,075, and the average rental cost in this neighborhood is higher than 84.3 percent of the neighborhoods in Mississippi. If you live and rent in this neighborhood you would most likely reduce your housing expense and create equity by owning your own home. When you rent you’re helping your landlord build equity and not creating your own wealth.

Greenbrook Pkwy/Stateline Rd E has a 13.2 percent vacancy rate, which is well above average compared to other U.S. neighborhoods and higher than 67.7 percent of American neighborhoods.

Greenbrook Pkwy/Stateline Rd E is a suburban neighborhood located in Southaven, Mississippi and primarily made up of medium sized three or four bedroom to small two bedroom single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Greenbrook Pky/Stateline Rd E 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.

Most neighborhoods are composed of a mixture of ages of homes, but the Greenbrook Pkwy/Stateline Rd E stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you’ll sense when you look around or drive the streets of this neighborhood is that many of the residences are of the same architecture and similar in age. In fact, 84.6 percent of the residential real estate here was built in this one time period.

Your future neighbors in the Greenbrook Pkwy/Stateline Rd E neighborhood of Southaven earn modest incomes, and this neighborhood has an income lower than 61.2 percent of U.S. neighborhoods.

In the Greenbrook Pkwy/Stateline Rd E neighborhood, 37.6 percent of the working population is employed in manufacturing and laborer 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 27.5 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 19.2 percent, and 15.7 percent in executive, management, and professional occupations.

Each neighborhood has its own culture derived primarily from the ancestry 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 ethnicity and ancestry 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 Greenbrook Pkwy/Stateline Rd E neighborhood of Southaven, Mississippi, residents most commonly identify their ethnicity or ancestry as Irish at 13.2 percent. There are also a number of people of Mexican ancestry at 11.7 percent, and residents who report English roots at 9.4 percent. Some of the residents are also of Italian ancestry at 5.1 percent, along with some German ancestry residents at 4.9 percent, among others.

The most common language spoken in the Greenbrook Pkwy/Stateline Rd E neighborhood is English; spoken by 87.6 percent of households, follow by 9.7 percent of households who speak Spanish.

Livingston Homes for Sale

MISSISSIPPI 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.

To print this document, click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen you will

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