The Home Buyer's Korner

Information presented should be used for educational purposes only.

January 13th, 2016

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NASHVILLE, TENNESSEE AREA

Home Buyer’s Korner

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Woodmont Blud/Lealand Ln Neighborhood

Green Hills, Tennessee

Battlefield Dr Nashville Tn

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Woodmont Blvd/Lealand Ln is a suburban neighborhood located in the Green Hills area of Nashville, Tennessee. The median real estate price in the Woodmont Blvd/Lealand Ln neighborhood is $371,080, which is more expensive than 96.7 percent of the neighborhoods in Tennessee and 81.6 percent of the neighborhoods in the U.S.

The average rental price in Woodmont Blvd/Lealand Ln is currently $1,318, and the average rental cost in this neighborhood is higher than 91.4 percent of the neighborhoods in Tennessee.

Woodmont Blvd / Lealand Ln real estate is primarily made up of small studio to two bedroom to medium sized three or four 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 Woodmont Blvd/Lealand Ln neighborhood are older, well-established, built between 1940 and 1969, with a number of residences built between 1970 and 1999.

Woodmont Blvd/Lealand Ln neighborhood has a 13.2 percent vacancy rate, which is well above average compared to other U.S. neighborhoods and higher than 68.0 percent of American neighborhoods. One reason is could be more due to larger than average amount of full time college students not living in the area between semester and new construction of residential homes not yet occupied. To learn more about the area vacancy rate talk with your real estate agent.

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 Woodmont Blvd/Lealand Ln neighborhood is a unique characteristic of the neighborhood. 71.5 percent of adults here have received at least a 4-year bachelor’s degree, compared to the average neighborhood in America, which has 21.64 percent of the adults with a bachelor’s degree. The rate here is higher than found in 97.1 percent of all U.S. neighborhoods.

One of the really interesting characteristics about the Woodmont Blvd/Lealand Ln neighborhood is that it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you’ll notice that the excitement here fluctuates with the college seasons. Despite the excitement, however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 4.9 percent of college-friendly places to live in the state of Tennessee. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives and young, single professionals.

Your future neighbors in the Woodmont Blvd/Lealand Ln neighborhood of Nashville enjoy upper middle class incomes, and this neighborhood has a higher income than 70.5 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 Woodmont Blvd/Lealand Ln neighborhood, 59.0 percent of the working population is employed in executive, management, and professional 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 21.4 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 12.2 percent, and 7.3 percent in manufacturing and laborer occupations.

Culture is shared learning 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 Woodmont Blvd/Lealand Ln neighborhood of Nashville, Tennessee, residents most commonly identify their ethnicity or ancestry as English at 10.6 percent. There are also a number of people of German ancestry at 8.5 percent, and residents who report Irish roots at 6.5 percent. Some of the residents are also of Italian ancestry at 6.1 percent, along with some Scottish ancestry residents at 4.7 percent, while 2.8 percent of this neighborhood’s residents have Welsh ancestry, among others.

The most common language spoken in the Woodmont Blvd/Lealand Ln neighborhood is English, spoken by 93.2 percent of households.

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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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