The Home Buyer's Korner

Information presented should be used for educational purposes only.

January 13th, 2016

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Home Buyer’s Korner

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Green Hills Neighborhood

Nashville, Tennessee

Abbott Martin Road Nashville TN

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Green Hills is a suburban neighborhood boarding the southwest section of I-440 and both sides of US Hwy 431 in Nashville, Tennessee. The median real estate price in the Green Hills neighborhood is $576,447, which is more expensive than 99.1 percent of the neighborhoods in Tennessee, and 92.9 percent of the neighborhoods in the U.S.

The average rental price in Green Hills is currently $1,450, and the average rental cost in this neighborhood is higher than 94.7 percent of the neighborhoods in Tennessee.

Green Hills real estate is primarily made up of medium sized three or four bedroom to small studios to two bedroom single-family homes, townhomes, and condominiums. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Green Hills neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969.

Vacancy rates are 10.0 percent in Green Hills and this rate is lower than 46.1 percent of the neighborhoods in the nation, and near the middle range of vacancies.

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.

If you are planning to retire in Tennessee, this neighborhood should be on your must-see list. For many reasons, Green Hills may be considered a retiree’s dream neighborhood. It’s peaceful and quiet, has above average safety from crime compared to other neighborhoods in Tennessee, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.9 percent of neighborhoods in Tennessee. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.

If knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Green Hills neighborhood, where 37.8 percent have earned an advanced degree. Compare that to the average neighborhood in America, where just 8.4 percent of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 97.9 percent of the neighborhoods in America.

With more than 2.2 percent of residents living with a same sex partner, Green Hills truly is a neighborhood that stands out from the rest in this regard. In fact, this neighborhood has a greater concentration of same sex couples than 95.5 percent of U.S. neighborhoods.

Your future neighbors in the Green Hills 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 89.7 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.

Executives, managers and professionals make up 73.6 percent of the workforce in the Green Hills neighborhood, which is a higher proportion of such high-level people than is found in 99.0 percent of the neighborhoods in America. For this reason, this neighborhood really stands out as unique. 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 14.7 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 6.5 percent, and 5.2 percent in manufacturing and laborer occupations.

Each neighborhood has its own culture derived primarily from the ancestries, 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 ethnicities and ancestries 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 Green Hills neighborhood of Nashville, Tennessee, residents most commonly identify their ethnicity or ancestry as English at 18.7 percent. There are also a number of people of Irish ancestry at 10.2 percent, and residents who report Scottish roots at 6.1 percent. Some of the residents are also of Scots-Irish ancestry at 4.8 percent, along with some German ancestry residents at 4.7 percent, among others.

The most common language spoken in the Green Hills neighborhood is English, spoken by 93.7 percent of households, followed by 0.2 percent of its residents who primarily speak Yiddish at home. 

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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

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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