The Home Buyer's Korner

Information presented should be used for educational purposes only.

January 9th, 2016

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NASHVILLE, TENNESSEE AREA

Home Buyer’s Korner

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West Meade Neighborhood

Nashville, Tennessee

Wilsonia Ave Nashville TN

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West Meade is a suburban neighborhood of Nashville, Tennessee, located in southern Davidson County and near Belle Meade. The median real estate price in the West Meade neighborhood is $432,015, which is more expensive than 97.6 percent of the neighborhoods in Tennessee and 86.3 percent of the neighborhoods in the U.S.

The average rental price in West Meade is currently $1,040, and the average rental cost in this neighborhood is higher than 77.4 percent of the neighborhoods in Tennessee.

The West Meade real estate is primarily made up of medium sized three or four bedroom to small studios to two bedroom single-family homes, condominiums and townhouses. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the West Meade neighborhood are older, well-established, built between 1940 and 1969, with a number of residences built between 1970 and 1999.

Home vacancy rates are 8.8 percent in West Meade, and this rate is lower than 52.6 percent of the neighborhoods in the nation, and near the middle range of vacancies.

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

If you are planning to retire in Tennessee, this neighborhood should be on your must-see list. For many reasons, West Meade may be considered a retiree’s dream neighborhood. It’s peaceful and quiet, has above average safety from crime compared to other neighborhoods in Tennessee, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.9 percent of neighborhoods in Tennessee.

Your future neighbors in the West Meade neighborhood of Nashville earn upper middle class incomes, and this neighborhood has a higher income than 77.1 percent of the neighborhoods in America.

In the West Meade 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 21.9 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 12.0 percent, and 5.0 percent in manufacturing and laborer 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 West Meade 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 10.6 percent, and residents who report German roots at 10.0 percent. Some of the residents are also of Scottish ancestry at 6.2 percent, along with some Scots-Irish ancestry residents at 4.5 percent, among others.

The most common language spoken in the West Meade neighborhood is English, spoken by 94.3 percent of households, while 1.4 percent of its residents speak Russian.

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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

have the option to “Create A Printable PDF of the Presentation”.

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