The Home Buyer's Korner

Information presented should be used for educational purposes only.

September 20th, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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Hopewell/Crosstown Neighborhood

Munford, Tennessee 

Crosstown

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Hopewell/Crosstown area median real estate price is $143,193, which is more expensive than 60.2 percent of the neighborhoods in Tennessee and 38.1 percent of the neighborhoods in the U.S.

The average rental price in Hopewell / Crosstown is currently $806, and the average rental cost in this neighborhood is higher than 75.8 percent of the neighborhoods in Tennessee.

Hopewell/Crosstown is a rural neighborhood located in Munford, Tennessee of Tipton County just north of Memphis and Shelby County and primarily made up of medium sized three or four bedroom to small studio to two bedroom single-family homes and manufactured homes. Most of the residential real estate is owner occupied. Many of the residences in the Hopewell/Crosstown neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 2000 to present day.

Real estate vacancies in Hopewell/Crosstown are 4.6 percent, which is lower than one will find in 78.9 percent of American neighborhoods. Demand for real estate in Hopewell/Crosstown is above average for the U.S., and signals demand for either price increases or new construction of residential homes.

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.

Your future neighbors in the Hopewell/Crosstown neighborhood of Munford enjoy upper-middle class incomes, and this neighborhood has a higher income than 64.6 percent of the neighborhoods in America.

In the Hopewell/Crosstown neighborhood, 28.1 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 27.7 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at 24.3 percent, and 19.8 percent in clerical, assistant, and tech support occupations.

With 4.4 percent of employed workers living in the Hopewell/Crosstown neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.7 percent of American neighborhoods and one that shapes the neighborhood’s culture and character.

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 Hopewell/Crosstown neighborhood of Munford, Tennessee, residents most commonly identify their ethnicity or ancestry as Irish at 12.1 percent. There are also a number of people of German ancestry at 9.9 percent, and residents who report English roots at 8.6 percent. Some of the residents are also of Mexican ancestry at 3.2 percent, along with some Scots-Irish ancestry residents at 3.1 percent, among others.

The most common language spoken in the Hopewell/Crosstown neighborhood is English, spoken by 94.6 percent of households, while 4.8 percent speak Spanish, and 0.4 percent speak Hebrew.

Livingston Homes for Sale

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 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

have the option to “Create A Printable PDF of the Presentation”.

START YOUR PATH TO HOME OWNERSHIP TODAY

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St Bomar St MAIN ST W Littleton Way Wooten Oaks Cir PRITCHETT DR Melanie Ln Dacus Dr P W REED DR Fox Valley Cv Christine Cv Gretna Green Dr JOE JOYNER RD West Dr Buford Rd W Madonna Dr Glenview Lake Dr Black Hawk Cv Hard Times Dr Lochlevin Dr Sycamore Dr Maple Hill Dr Allen Cv Jefferson Cv New York Ave Wooten Ave Corbitt Dr Windy Oaks Dr Carlyle Pl Charles Pl Red Cedar Cv Red Cedar Cv Cv Oakwood Cir Main St Hannah Marie Dr Allen St Pennsylvania Ave McCullough Cir BRICK AVE Pw Reed Dr Pwr Loop Egypt Rd Mattie Ann Ln Switchgrass Cv Mindy Ave Chickasaw Cir Duward Ln Wordon Way Easley Ct Connecticut Ave Education Ave WYATT SHANKLE CV N Black Hawk Cv Cottonwood Dr Lawrence Cv Kilkenny Dr Mary Ave Pecan St Lovette Rd Adkins Cir CULLUM CV CULLUM LN Cullum Rd Green Hill Cv ELM CV Dr Jacks Cv Bryanna Cv Bryanna Ln Lilliput Ln Bethuel Rd Kate McClanahan Dr Brenda Dr Hillary Cheryl Cv Chelsia Ln Shannon Ave Wharth Ln Rolling Oaks Cv Dessie Re Dr ROLLING OAKS DR Plantation Ln Raphael Cv Robert Ave Adkins Cir Nancye Reeder Dr Allen St Vermont Ave Shortline Rd Simmons Rd Stimpson Ave Plum Tree Cir P W R LOOP Wyatt Shankle Cv Plum Tree Cv Lake Shore Dr ALLEN ST Plantation Rd Robin St East Dr Delta Cv Green Meadows Blvd Hayes Rd Kincaid Dr Robert L Ellis Dr Dundee Cv Baltic Ave Taylor St Margaret Pl Appleberry Rd Billy Ave Kathleen Dr GEORGE ELLIS CIR TWIN LAKES CIR BASS ST

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