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 Ave/31st Ave S Neighborhood

Nashville, Tennessee

31st Aveue S Nashville TN

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The West End Ave/31st Ave S is a suburban neighborhood located in Nashville, Tennessee. The median real estate price in the West End Ave/31st Ave S neighborhood is $287,423, which is more expensive than 93.5 percent of the neighborhoods in Tennessee and 72.1 percent of the neighborhoods in the U.S.

The average rental price in West End Ave/31st Ave S is currently $1,506, and the average rental cost in this neighborhood is higher than 95.5 percent of the neighborhoods in Tennessee.

The West End Ave/31st Ave S neighborhood has a 16.5% vacancy rate, which is well above average compared to other U.S. neighborhoods and higher than 77.8 percent of American neighborhoods. 

West End Ave/31st Ave S real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom condominiums and townhomes. The West End Ave/31st Ave S neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 91.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

One of the really unique and interesting things about the look and setting of the West End Ave/31st Ave S neighborhood is that it is almost entirely dominated by apartment complexes, with 79.1 percent of the residential real estate classified as such. This puts this neighborhood on the map as having a higher proportion of apartment complexes than 97.2% of all neighborhoods in America.

Most of the residential real estate is renter occupied. Many of the residences in the West End Ave/31st Ave S 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 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 

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here, and this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone at 67.7 percent. This is a higher percent living alone than we found in 99.7 percent of all U.S. neighborhoods.

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 72.4 percent of the adults living in the West End Ave/31st Ave S neighborhood have earned at least a bachelor’s degree. This is a higher rate than found in 97.3 percent of U.S. neighborhoods. In this way, this neighborhood truly stands out.

In the West End Ave/31st Ave S neighborhood, 12.4 percent of the resident’s commutes only require walking from the bedroom to the home office. Often people who work from home are engaged in the creative or technological economy. If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.2 percent of residents in the West End Ave/31st Ave S neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.0 percent of all neighborhoods in the U.S.

Your future neighbors in the West End Ave/31st Ave S neighborhood in Nashville earn middle class incomes, and this neighborhood has a higher income than 50.1 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.

The West End Ave/31st Ave S neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.9 percent of the neighborhoods in America. In fact, 66.5 percent of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about. 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 19.1 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 9.2 percent, and 5.2 percent in manufacturing and laborer occupations.

Each neighborhood 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 West End Ave/31st Ave S neighborhood of Nashville, Tennessee, residents most commonly identify their ethnicity or ancestry as Asian at 22.4 percent. There are also a number of people of Irish ancestry at 9.1 percent, and residents who report English roots at 6.8 percent. Some of the residents are also of German ancestry at 5.5 percent, along with some Scottish ancestry residents at 3.1 percent, among others. In addition, 18.8 percent of the residents of this neighborhood were born in another country.

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 West End Ave/31st Ave S neighborhood is English, spoken by 75.4 percent of household, but a significantly 13.1 percent of its residents primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.. Other important languages spoken here include Korean.

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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

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FANNIE MAE HOMESTYLE

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are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

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A SIMPLE HOME SHOPPING INSPECTION TOOL

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