The Home Buyer's Korner

Information presented should be used for educational purposes only.

January 15th, 2016

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NASHVILLE, TENNESSEE AREA

Home Buyer’s Korner

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12th Ave S/Wedgewood Neighborhood

Nashville, Tennessee

Tremont Ave Nashville TN

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The median real estate price in the 12Th Ave S/Wedgewood neighborhood is $248,304, which is more expensive than 89.9 percent of the neighborhoods in Tennessee and 66.0 percent of the neighborhoods in the U.S.

The average rental price in 12Th Ave S is currently $1,456, and the average rental cost in this neighborhood is higher than 94.8 percent of the neighborhoods in Tennessee.

Vacancy rates are 11.1 percent in 12Th Ave S/Wedgewood Ave and lower than 41.2 percent of the neighborhoods in the nation, near the mid range of vacancies.

12Th Ave S/Wedgewood is an urban neighborhood located south of Division and runs north to south just past Wedgewood Ave, and east and west from 16TH Ave S to 12TH Ave S in Nashville, Tennessee. Within the southern half of is neighborhood and the adjacent neighborhood of Wedgewood lies a subdivision called 12South.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels

One of Nashville’s hottest neighborhoods, 12South has emerged as the perfect one-stop destination to live, eat, drink, play, and socialize. Stylish shops, beautifully-restored homes, charming coffee shops, and a wide array of dining options are all within walking distance. You are likely to find a vintage guitar, local craft beer, gourmet Popsicle, hand-stitched pair of jeans, and a fabulous meal within walking distance of the place you call home. 

Take a walk to Judith Bright and shop for handmade designer jewelry. You can also find treasures in clothing, jewelry and accessories at Serendipity Emporium, or find used, excellent quality vintage and consignment clothing at Savant Vintage Couture. A men’s boutique store, The Label Nashville, is a hotbed for cutting-edge design menswear, jewelry, home furnishings, and a splash of women’s wear. The store is owned by country artist Gary Allan.

Any time you like, you can start a unique shopping adventure at one of the new developments on the ground level of 12South Flats, which includes women’s contemporary fashion shops, home goods, modern gift shops, and upscale clothing boutiques. Dinner at Josephine, a new contemporary restaurant featuring refined American farmhouse cuisines, and stop by Jeni’s Splendid Ice Cream for dessert.

Close by is Imogene + Willie, Nashville’s first and only custom jeans store. Housed in an old gas station, Imogene + Willie has become a local hangout for visiting celebrities from Gwyneth Paltrow to ZZ Top’s Billy Gibbons. The jeans are made on the premises, and when customers buy a pair they can get their fit customized the same day.

Stroll around 12South and you’ll find Snow Gallery that features talented local artists and ever changing exhibits. Across the street in a former gas station called White’s Mercantile, opened by Nashville songwriter and Hank Williams’s granddaughter, Holly Williams. White’s Mercantile is a general store for the modern era and a convenient place to pick up kitchen staples. 

When it comes to dining in 12South, the opportunities are endless. Mafiaoza’s Pizzeria & Neighborhood Pub is located in the heart of the 12South district, and it fits right into the bustling neighborhood. On the other side of Mafiaoza’s is 12South Taproom, the quintessential friendly neighborhood hangout and has  22 different beers on tap. 

Get your caffeine fix at the neighborhood coffeehouse Frothy Monkey. With a selection of coffees and teas from all over the world, as well as a delicious breakfast and lunch menu filled with local ingredients, the Frothy Monkey is a popular neighborhood spot.

 

12Th Ave S/Wedgewood Ave 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 12Th Ave S/Wedgewood Ave neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969.

Another really interesting characteristic about the 12Th Ave S/Wedgewood Ave 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 4.3% of college-friendly places to live in the state of Tennessee.

One of the most interesting things about the 12Th Ave S/Wedgewood Ave neighborhood is that it has a greater concentration of residents who live alone at 47 percent of residents, than most all neighborhoods in America. This is a larger proportion of people living alone than in 95.4 percent of the neighborhoods in America.

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.6 percent of residents in the 12Th Ave S/Wedgewood Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.8 percent of all neighborhoods in the U.S.

Also, 12.5 percent of residents in 12Th Ave S/Wedgewood Ave choose to walk to work each day. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Your future neighbors in the 12Th Ave S/Wedgewood Ave neighborhood of Nashville earn modest incomes, and this neighborhood has an income lower than 93.8 percent of U.S. neighborhoods, but much of that can be contributed to the high amount of full time college students living in the area and focusing on their academic careers.

In the 12Th Ave S/Wedgewood Ave neighborhood, 42.1 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 32.9 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 15.2 percent, and 9.8 percent in manufacturing and laborer occupations.

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 12Th Ave S/Wedgewood Ave neighborhood in Nashville, TN, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African at 11.5 percent. There are also a number of people of African ancestry at 8.3 percent, and residents who report German roots at 6.1 percent. Some of the residents are also of English ancestry at 3.1 percent, along with some Italian ancestry residents at 2.9 percent, and 1.9 percent of this neighborhood’s residents have Greek ancestry, among others.

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the 12Th Ave S/Wedgewood Ave neighborhood is English, spoken by 89.6 percent of households. Other important languages spoken here include African languages, which is spoken by 5.1 percent of its residents, followed by 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

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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37203 18TH AVE N MILLIE PL Long Blvd 12th Ave S Hawkins St 25th Ave N FALL ST Parman Pl Summitt Ave Argyle Ave 12th Ave S DREXEL ST EDGEHILL AVE Hillside Ave Wedgewood Ave 29th Ave N Clinton St Pillow St Sigler St 1212 Laurel Street 30th Ave N Spruce St 30th Ave S 12th Ave S 1004 Southside Place Wingrove Ave Elliott Ave 21st Ave N Arygle Ave Argyle Ave Demonbreun St Wedgewood Park Charlotte Ave Jo Johnston Ave Bransford Mcgavock St 5th Ave S Long Blvd.Fort Negley Blvd Parthenon Ave Allison Pl Broadway Southgate Ave Martin St Burch Ave Stewart Pl Lynwood Ave 9th Ave N Long Blvd Waverly Ave Burns Ave ALLOWAY ST 10th Cir N Argyle Ave Long Blvd 29th Ave N Allison Place Terrace Pl WARNER ST 11th Ave S Arena Ave Hamilton Ave Laurel St. Poston Ave Ewing Ave 8th Ave S Fairmont Ct Ridley Blvd Patterson St Middleton Ave Wade Ave Murphy Ct Fairmont Dr Grove Ave Avoca Ave Acklen Ave Ave S Wedgewood Park Fairmont Pl Elliston Pl Acklen Ave Acklen Park Dr Beech Ave Rosa L Parks Blvd Lea Ave Mason Ave 12th Ave S Broadway Alloway Alloway Demonbreun Street McMillan St 10th Ave South 18th Ave S 9th Ave N Argyle Ave SOUTHSIDE AVE 31st Ave N OLYMPIC ST Southside Ct 14th Ave S 15th Ave N 17th Ave N 19th Ave N 19th Ave S 21st Ave N 22nd Ave N 23rd Ave N 29th Ave N 5th Ave S Music Cir S Moore Ave 30th Ave N 31st Ave N 10th Ave S Wedgewood Ave 12th Ave S 9th Ave S 9th Cir S Demonbreun St South St Southside Pl Clifton Ave Hynes St Roycroft Pl Argyle Ave Gate Ave 28th Ave N 31st Ave N Hedrick St Rains Ave Oman St End Ave Church St Hagan St 23rd Ave N Byrum Ave Zimmerlee St Polk Ave End Ave Humphreys St Parthenon Ave Hamiton Ave 30th Ave N End Cir Neal Ter Division St Carvell Dr End Ave Pine St Laurel St 11th Ave N DR DB TODD JR BLVD 15th Ave N Pearl St Little Hamilton Ave Gleaves St 18th Ave S State St Mallory St Lafayette St Music Cir N Music Sq E Music Sq W 12th Ave N 17th Ave S Broadway 22nd Ave N Archer St 12th Ave S Chestnut St Hayes St 14TH AVE N WINGROVE ST Belwood St Fisk St 18th Ave S

37212 HWY 64 E BROOKSIDE PATH 25th Ave S Dudley Ave 17th Ave S 20th Ave S Primrose Cir Wellington Ave CHET ATKINS PL DELMAR AVE Wedgewood Ave Eastwood Ave Gale Ln 32nd Ave S NORTHSIDE DR OFF Ave N 30th Ave S Beechwood Ave 27th Ave S Blair Blvd Fairfax Ave Blair Blvd Villa Pl 18th Ave Sc Overlook Dr Fairfax Avenue B4 21st Ave S Villa Pl Chesterfield Ave Hillsboro Pike Hillsboro Pike Hillsboro Pike Westwood Ave Vanderbilt Pl Bonnie Briar Ln Chesterfield Way Hillside Dr Acklen Ave 20th Ave S Linden Ave Marshall Ct Compton Ave 13th Ave S Woodlawn Dr 13th Avenue Cir Primrose Cir 24th Ave S Capers Ave Westmoreland Dr Natchez Trce Marlborough Ave Hillsboro Pike Brightwood Ave Westwood Trce Blakemore Ave Rose Hall Ave S Cedar Ln 20th Ave S Wade Ave 33rd Ave S Bernard Ave Love Circle Oakland Ave Love Cir Acklen Ave Convent Pl Belmont Blvd Essex Pl Lancaster Ave Hawthorne Pl Chesterfield Sunset Pl Tremont Ave 18th Ave S Caldwell Ave Southside Cir Chersterfield Ave A 19th Avenue S 14th Ave S Wildwood Ave 19th Ave S 24TH AVE S 16th Ave S 17th Ave S 18th Ave S 20th Ave S 21st Ave S 25th Ave S 26th Ave S 29th Ave S 30th Ave S 31st Ave S 32nd Ave S 33rd Ave S South St 13TH AVE S 14th Ave S 15th Ave S 27th Ave S Paris Ave Adelicia St Dallas Ave Primrose Ave Acklen Ave Primrose Cir Linden Ave Linden Ave EDGEHILL AVE Rosewood Ave Ashwood Ave Hazelwood Dr Clayton Ave Horton Ave 19th Ave S Portland Ave Orleans Dr Fairfax Ave 32nd Ave S Barton Ave Sweetbriar Ave Natchez Trce Ashwood Ave 15th Ave S Kirkwood Ave Hillsboro Pike Sweetbriar Ave Saint Charles Pl Grand Ave Paris Ave 18th Ave S Rose Hall Westview Dr 16th Ave S Ferguson Ave 17th Ave S 20th Ave S Elmwood Ave

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