The Home Buyer's Korner

Information presented should be used for educational purposes only.

January 10th, 2016

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NASHVILLE, TENNESSEE AREA

Home Buyer’s Korner

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West End Neighborhood

Nashville, Tennessee

Richland Ave Nashville TN

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The West End is an urban neighborhood located in the Midtown area of Nashville, Tennessee.The median real estate price in the West End neighborhood is $577,959, which is more expensive than 99.2 percent of the neighborhoods in Tennessee and 93.0 percent of the neighborhoods in the U.S. Subdivisions in the West End neighborhood include Cherokee Park.

The West End has a 13.7 percent vacancy rate, which is well above average compared to other U.S. neighborhoods and higher than 69.4 percent of American neighborhoods. 

The average rental price in the West End neighborhood is currently $1,591, and the average rental cost in this neighborhood is higher than 96.9 percent of the neighborhoods in Tennessee.

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

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 West End neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

One of the really interesting characteristics about the West End neighborhood is that it’s 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 0.6 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, active retirees and urban sophisticates.

Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you, with a full 75.4 percent of the residents have earned at least a bachelor’s degree, while the national average is 21.64 percent. This neighborhood has a higher rate than 98.0 percent of U.S. neighborhoods. In this way, this neighborhood truly stands out!

Your future neighbors in the West End neighborhood of Nashville are wealthy, making it among the 15 percent highest income neighborhoods in America, and this neighborhood has a higher income than 88.5 percent of the neighborhoods in America.

Executives, managers and professionals make up 72.6 percent of the workforce in the West End neighborhood, which is a higher proportion of such high-level people than is found in 98.8 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 18.7 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 7.5 percent, and 2.8 percent in government jobs, whether they are in local, state, or federal positions.

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 West End neighborhood of Nashville, Tennessee, residents most commonly identify their ethnicity or ancestry as English at 11.9 percent. There are also a number of people of German ancestry at 10.1 percent, and residents who report Irish roots at 6.8 percent. Some of the residents are also of Asian ancestry at 6.3 percent, along with some Italian ancestry residents at 5.0 percent, while 3.4 percent have Arab ancestry and 2.2 percent of this neighborhood’s residents have British ancestry, among others.

The most common language spoken in the West End neighborhood is English, spoken by 92.4 percent of households, while 1.7 percent of its residents speak Hindi, which is the official language of India 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.

To print this document, click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen you will

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