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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Davidson Rd/Jocelyn Hollow Rd Neighborhood

Nashville, Tennessee

Vosswood Dr Nashville TN

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Davidson Rd/Jocelyn Hollow Rd is a suburban neighborhood located in the West Meade area of Nashville, Tennessee. The median real estate price in the Davidson Rd/Jocelyn Hollow Rd neighborhood is $565,051, which is more expensive than 99.0 percent of the neighborhoods in Tennessee and 92.6 percent of the neighborhoods in the U.S.

The average rental price in Davidson Rd/Jocelyn Hollow Rd is currently $1,645, and the average rental cost in this neighborhood is higher than 97.3 percent of the neighborhoods in Tennessee.

Davidson Rd / Jocelyn Hollow 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 Davidson Rd / Jocelyn Hollow Rd neighborhood are older, well-established, built between 1940 and 1969, with a number of residences built between 1970 and 1999.

In the Davidson Rd/Jocelyn Hollow Rd neighborhood, the current vacancy rate is 2.9 percent, which is a lower rate of vacancies than 88.2 percent of all neighborhoods in the U.S. This means that the housing supply in Davidson Rd/Jocelyn Hollow Rd is very tight compared to the demand.

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 Davidson Rd / Jocelyn Hollow Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

A majority of the residents in the Davidson Rd/Jocelyn Hollow 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 99.0 percent of the neighborhoods in Tennessee. This neighborhood is also a very good choice for active retirees, families with school-aged children and urban sophisticates.

In the Davidson Rd/Jocelyn Hollow Rd neighborhood 15.4 percent of the residents work from home. This may not seem like a large number, but it’s a higher percentage of people working from home than 98.5 percent of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, while others may be engaged in businesses like trading stocks or other small home business.

Executives, managers and professionals make up 63.2 percent of the workforce in the Davidson Rd/Jocelyn Hollow Rd neighborhood, which, is a higher proportion of such high-level people than is found in 95.4 percent of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

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, generally considered older, well-established homes. 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 and  1964, and many baby boomers grew up in homes built in this era. But what is so interesting about the Davidson Rd / Jocelyn Hollow Rd neighborhood, is that an incredible 87.7% of the homes here were built in this era. So 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 Davidson Rd/Jocelyn Hollow Rd neighborhood of Nashville are well-to-do, making it among the 15% highest income neighborhoods in America, and this neighborhood has a higher income than 88.4 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.

In the Davidson Rd/Jocelyn Hollow Rd neighborhood, 63.2 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 17.8 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 10.8 percent, and 8.2 percent in manufacturing and laborer occupations.

Culture is shared learning behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture, our learned behavior, comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand. Places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Davidson Rd/Jocelyn Hollow Rd neighborhood in Nashville, Tennessee, residents most commonly identify their ethnicity or ancestry as Irish at 13.9 percent. There are also a number of people of English ancestry at 12.6 percent, and residents who report German roots at 9.6 percent. Some of the residents are also of Scots-Irish ancestry at 5.9 percent, along with some Scottish ancestry residents at 5.1 percent, among others.

The most common language spoken in the Davidson Rd/Jocelyn Hollow Rd neighborhood is English, spoken by 94.6 percent of households, while 4.2 percent speak 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

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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