The Home Buyer's Korner

Information presented should be used for educational purposes only.

January 12th, 2016

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NASHVILLE, TENNESSEE AREA

Home Buyer’s Korner

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 Belmont Blvd/Ashwood Ave Neighborhood

Nashville, Tennessee

Beechwood Ave Nashville TN

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Belmont Blvd/Ashwood Ave is an urban neighborhood located in the Belmont U area of Nashville, Tennessee. The median real estate price in the Belmont Blvd/Ashwood Ave neighborhood is $522,373, which is more expensive than 98.6 percent of the neighborhoods in Tennessee and 91.2 percent of the neighborhoods in the U.S.

The average rental price in Belmont Blvd/Ashwood Ave is currently $1,357, and the average rental cost in this neighborhood is higher than 93.0 percent of the neighborhoods in Tennessee.

Belmont Blvd/Ashwood Ave real estate is primarily made up of medium sized three or four bedroom to small studio to two bedroom single-family, townhomes, and condominiums. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Belmont Blvd/Ashwood Ave neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier, with a number of residences were also built between 1940 and 1969.

Real estate vacancies in Belmont Blvd/Ashwood Ave are 4.8 percent, which is lower than one will find in 77.3 percent of American neighborhoods. Demand for real estate in Belmont Blvd/Ashwood Ave is above average for the U.S., and signal demand for either price increases or new construction of residential homes.

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 rate of college educated adults in the Belmont Blvd/Ashwood Ave neighborhood is a unique characteristic of the neighborhood. 80.3 percent of adults here have received at least a bachelor’s degree, compared to the average neighborhood in America, which has 21.64 percent. The rate here is higher than 99.0 percent of all U.S. neighborhoods.

If you’re a regular supporter of the arts and enjoy outings to the theatre, weekend boutiquing, or even a finely aged wine with dinner, then you’re in good company with the people of the Belmont Blvd/Ashwood Ave neighborhood. This neighborhood is uniquely immersed with more “urban sophisticates” than 98.9 percent of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts on weekends. If this lifestyle pertains to you, then you’ll certainly feel right at home in the Belmont Blvd/Ashwood Ave neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives.

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.5 percent of residents in the Belmont Blvd/Ashwood Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.0 percent of all neighborhoods in the U.S.

Your future neighbors in the Belmont Blvd/Ashwood Ave neighborhood of Nashville are well-to-do, making it among the 15 percent highest income neighborhoods in America, and this neighborhood has a higher income than 87.9 percent of the neighborhoods in America. 

The Belmont Blvd/Ashwood Ave neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.1 percent of the neighborhoods in America. In fact, 70.0 percent of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about. 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 16.6 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 10.6 percent, and 2.8 percent in manufacturing and laborer occupations.

Culture is shared 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 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 Belmont Blvd/Ashwood Ave neighborhood of Nashville, Tennessee, residents most commonly identify their ethnicity or ancestry as English at 12.4 percent. There are also a number of people of Irish ancestry at 10.8 percent, and residents who report German roots at 9.2 percent. Some of the residents are also of Asian ancestry at 5.6 percent, along with some French ancestry residents at 3.5 percent, among others.

The most common language spoken in the Belmont Blvd/Ashwood Ave neighborhood is English, spoken by 93.4 percent of households, while 2.5 percent 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

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are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

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A SIMPLE HOME SHOPPING INSPECTION TOOL

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This simple home inspection tool makes your ultimate buying decision a smart one.

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