The Home Buyer's Korner

Information presented should be used for educational purposes only.

September 18th, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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Stage Rd/Stage Coach Dr Neighborhood

Memphis, Tennessee

Stage Coach Rd

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Stage Rd/Stage Coach Dr area median real estate price is $124,542, which is more expensive than 47.9 percent of the neighborhoods in Tennessee and 31.0 percent of the neighborhoods in the U.S.

The average rental price in Stage Rd/Stage Coach Dr is currently $734, and the average rental cost in this neighborhood is higher than 67.9 percent of the neighborhoods in Tennessee.

Vacancy rates are 8.4 percent in Stage Rd/Stage Coach Dr and is lower than 55.3 percent of the neighborhoods in the nation, which is near the middle range for vacancies.

Stage Rd/Stage Coach Dr is a suburban neighborhood located in Memphis, Tennessee, primarily made up of small studio to two bedroom to medium sized three or four 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 Stage Rd/Stage Coach Dr neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969.

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Memphis, the Stage Rd / Stage Coach Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Most neighborhoods are composed of a mixture of ages of homes, but the Stage Rd/Stage Coach Dr 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, 82.8 percent of the residential real estate here was built in this one time period.

Your future neighbors in the Stage Rd/Stage Coach Dr neighborhood of Memphis enjoy middle class incomes, and this neighborhood has a higher income than 40.8 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 Stage Rd/Stage Coach Dr neighborhood, 34.2 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 executive, management, and professional occupations, with 30.1 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at 21.7 percent, and 14.0 percent in clerical, assistant, and tech support occupations.

Culture is shared and learned 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 ancestry 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 Stage Rd/Stage Coach Dr neighborhood of Memphis, TN, residents most commonly identify their ethnicity or ancestry as Irish at 7.4 percent. There are also a number of people of Mexican ancestry at 5.0 percent, and residents who report English roots at 4.4 percent. Some of the residents are also of German ancestry at 3.1 percent, along with some Arab ancestry residents at 2.9 percent,  and 1.3 percent have Welsh ancestry, among others.

The most common language spoken in the Stage Rd/Stage Coach Dr neighborhood is English, spoken by 88.6 percent of households, followed by Spanish, which is spoken by 6.9 percent of households.

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.

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