The Home Buyer's Korner

Information presented should be used for educational purposes only.

October 7th, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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Senatobia City Center Neighborhood

Senatobia, Mississippi

McKie

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The Median real estate price in the City Center of Senatobia is $116,833, which is more expensive than 71.6 percent of the neighborhoods in Mississippi and 26.9 percent of the neighborhoods in the U.S.

The average rental price in the Senatobia City Center is currently $944, and the average rental cost in this neighborhood is higher than 71.4 percent of the neighborhoods in Mississippi.

Real estate vacancy rates are 8.3 percent in the Senatobia City Center. This rate is lower than 55.5 percent\ of the neighborhoods in the nation, and near the middle range of vacancies.

Senatobia City Center is a suburban neighborhood based on population density located in Senatobia, Mississippi, and primarily made up of medium sized three or four bedroom to small studios to 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 City Center neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences were also built between 1940 and 1969.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways.

The Senatobia City Center neighborhood has a greater concentration of residents currently enrolled in college than 97.3 percent of the neighborhoods in the U.S. With 19.0 percent of the population here attending college, this is very much a college-focused neighborhood.

Senatobia City Center neighborhood stands out within Mississippi for its college student friendly environment. This neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it’s not an environment for everyone, ambitious scholars can enjoy the seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 8 percent of college-friendly places to live in Mississippi.

Many of those attracted to Senatobia neighborhood are teachers, professors, administrators or families with an interest in higher education for their children. Many home buyers coming to the area are affiliated with Northwest Mississippi Community College.  If you have a college bound child check out my blog post on Kiddie Condos to see if it’s something that’s right for you.

Your future neighbors in the City Center neighborhood in Senatobia earn modest incomes,and has an income lower than 77.7 percent of U.S. neighborhoods.

In the Senatobia City Center neighborhood, 32.0 percent of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.3 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at 25.2 percent, and 17.4 percent in clerical, assistant, and tech support occupations.

Culture is the shared and learned behavior of peoples. Undeniably, different ethnicity and ancestry have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicity or ancestry will express those cultures.

In the City Center neighborhood of Senatobia, Mississippi, residents most commonly identify their ethnicity or ancestry as English at 11.2 percent. There are also a number of people of Irish ancestry at 4.5 percent, and residents who report Mexican roots at 3.5 percent. Some of the residents are also of Scots-Irish ancestry at 2.3 percent, along with some German ancestry residents at 2.1 percent, among others.

The most common language spoken in the Senatobia City Center neighborhood is English, spoken by 95.9 percent of households, followed by 3.4 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

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

START YOUR PATH TO HOME OWNERSHIP TODAY

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