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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Brook Hollow Rd/Bresslyn Rd Neighborhood

Nashville, Tennessee

West Hillwood Dr Nashville TN

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The Brook Hollow Rd/Bresslyn Rd is a suburban neighborhood located in the West Meade area of Nashville, Tennessee. The median real estate price in the Brook Hollow Rd/ Bresslyn Rd Neighborhood is $414,224, which is more expensive than 97.3 percent of the neighborhoods in Tennessee and 85.0 percent of the neighborhoods in the U.S.

The average rental price in Brook Hollow Rd / Bresslyn Rd is currently $1,536, and the average rental cost in this neighborhood is higher than 96.1 percent of the neighborhoods in Tennessee.

Home vacancy rates are 9.2 percent in Brook Hollow Rd/Bresslyn Rd and this rate lower than 50.8 percent of the neighborhoods in the nation, near the middle range of vacancies.

Brook Hollow Rd/Bresslyn Rd real estate is primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes, condominiums, and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Brook Hollow Rd/Bresslyn Rd neighborhood are older, well-established, built between 1940 and 1969, with a number of residences built between 1970 and 1999.

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.

A majority of the adults in the Brook Hollow Rd/Bresslyn Rd neighborhood are wealthy and educated executives. They own stately homes that tend 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 97.5 percent of the neighborhoods in the Tennessee. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for active retirees and urban sophisticates.

The rate of college educated adults in the Brook Hollow Rd/Bresslyn Rd neighborhood is a unique characteristic of the neighborhood, with 67.1 percent of residents having received at least a bachelor’s degree, compared to the average neighborhood in America, which has 22.64 percent of the adults with a bachelor’s degree. The rate here is higher than found in 95.6 percent of all U.S. neighborhoods.

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the ‘Baby Boom’ generation between 1945 – 1964, and many baby boomers grew up in homes built from this era. What is so interesting about the Brook Hollow Rd/Bresslyn Rd neighborhood, is that an incredible 82.4 percent of the homes here were built in this era. When you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

Your future neighbors in the Brook Hollow Rd/Bresslyn Rd neighborhood in Nashville are wealthy, making it among the 15 percent highest income neighborhoods in America, and this neighborhood has a higher income than 86.6 percent of the neighborhoods in America. 

In the Brook Hollow Rd/Bresslyn Rd neighborhood, 55.2 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 24.9 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 10.7 percent, and 9.2 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 Brook Hollow Rd/Bresslyn Rd neighborhood in Nashville, TN, residents most commonly identify their ethnicity or ancestry as Irish at 9.8 percent. There are also a number of people of German ancestry at 9.3 percent, and residents who report English roots at 8.9 percent. Some of the residents are also of Italian ancestry at 4.8 percent, along with some Hungarian ancestry residents at 2.6 percent, while 2.0 percent of this neighborhood’s residents have Lithuanian ancestry, among others.

The most common language spoken in the Brook Hollow Rd/Bresslyn Rd neighborhood is English, spoken by 95.5 percent of households.

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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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