Prospective home buyers with a tight budget looking for residences in East Nashville would find the more affordable options around Gallatin Road close to Ellington Parkway and north of Eastland Avenue. There’s a surge of redevelopment in these neighborhoods which are on track to follow the renaissance of their nearby East Nashville communities like Edgefield and Lockeland Springs where homes’ per square footage are now selling for as high as $170.
Realtors and homeowners have joined to promote this area described as the affordable but forgotten side of East Nashville. They recently hosted an open house to showcase eight available residences for sale. The starting prices of these homes range from the $100s to the $200s. An offering at the lower end of the eight, a two-bedroom dwelling with a floor area of 1,187 square feet, was sales-listed for $159,900. A bigger option in a three-bedroom residence with a floor plan of 1,935 square feet has a quoted price of $269,000.
Besides these affordable prices, the amenities around these neighborhoods are lures to potential investors and home buyers. Some of the most popular local restaurants, for instance, are walking distance from this East Nashville area, and newer nearby dining venues have also opened recently at the trendy Five Points District. Although the offerings in these East Nashville neighborhoods are less pricey than their counterparts at Lockeland Springs, their area exudes a similar homey ambience as their neighboring communities.
Realtors’ anecdotal evidence points to couples moving in the area because of the savings they got from the purchase while at the same time enjoying the feeling of living within a trendy, secure, and friendly neighborhood. Local residents of the area, too, are happy with the new crop of neighbors that the communities have so far attracted. The window grills of a residence were even removed by its owner, with the growing sense of community within the area as evidenced by locals on a promenade to nearby points of interest and the joint efforts to promote this part of East Nashville. That homeowners’ reasoning was simple enough indeed: windows without bars make a home look happy.
The Ashton Real Estate Group of RE/MAX Advantage
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