The Home Buyer's Korner

Information presented should be used for educational purposes only.

January 8th, 2016

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NASHVILLE, TENNESSEE AREA

Home Buyer’s Korner

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Mccrory Ln/Russell Rd Neighborhood

Nashville, Tennessee

Avondale Park Blvd Nashville TN

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Mccrory Ln/Russell Rd is a suburban neighborhood located in Nashville, Tennessee. The median real estate price in the Mccrory Ln/Russell Rd neighborhood is $286,653, which is more expensive than 93.3 percent of the neighborhoods in Tennessee and 72.0 percent of the neighborhoods in the U.S. The subdivisions that make up this neighborhood includes Harpeth View Brook Glen, River Park, and Rolling River.  

Mccrory Ln/Russell Rd real estate is primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes. Furthermore, this Mccrory Ln / Russell Rd neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.5 percent of the residential real estate here made up of freestanding single-family homes, there is a greater proportion of single-family homes here than in 97.6 percent of all neighborhoods in America.

Owner-occupied real estate dominates the Mccrory Ln/Russell Rd neighborhood. In fact, the percentage of residential real estate occupied by its owner is higher here than in 99.8 percent of neighborhoods in America.

Many of the residences in the Mccrory Ln/Russell Rd neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 2000 to present day.

The Mccrory Ln/Russell Rd area’s vacancy rate is 2.8 percent, which is a lower rate of vacancies than 88.8 percent of all neighborhoods in the country. The housing supply in Mccrory Ln/Russell Rd is very tight compared to the demand for property here.

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.  This particular neighborhood in Nashville, the Mccrory Ln/Russell Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

A majority of the residents in the Mccrory Ln/Russell Rd neighborhood are wealthy and educated executives. They own stately homes that end to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you’re an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle “best choice” neighborhood in Tennessee, and  better for executive lifestyles than 96.9 percent of the neighborhoods in Tennessee. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

This single neighborhood has a higher concentration of married couples living here than 96.5 percent of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Mccrory Ln/Russell Rd neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. 

Your future neighbors in the Mccrory Ln/Russell Rd 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 90.6 percent of the neighborhoods in America.

In the Mccrory Ln/Russell Rd neighborhood, 61.1 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 22.1 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at 8.6 percent, and 8.2 percent in clerical, assistant, and tech support occupations.

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

In the Mccrory Ln/Russell Rd neighborhood of Nashville, Tennessee, residents most commonly identify their ethnicity or ancestry as English at 14.6 percent. There are also a number of people of Irish ancestry at 8.4 percent, and residents who report Asian roots at 7.8 percent. Some of the residents are also of German ancestry at 6.3 percent, along with some Italian ancestry residents at 4.7 percent, while 3.1 percent have Arab ancestry, and 2.1 percent of this neighborhood’s residents have Spanish ancestry, among others. In addition, 11.9 percent of the residents of this neighborhood were born in another country.

The languages spoken by people in this neighborhood are diverse. The most common language spoken in the Mccrory Ln/Russell Rd neighborhood is English, spoken by 81.8 percent of households, with 3.0 percent of its residents speaking African languages at home, followed by Spanish, Chinese, and Arabic.

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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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