Two more contemporary choices (down highway 100) to add to your list online:
Quick question, are the new high rise properties - with stunning city views - an interesting choice for you as well?
For a little more insight into Nevada Heights, the original builder's idea was to have this most contemporary group of "boxlike" houses nestled together on this hillside with incredible views...but the interesting concept was that an internationally renowned architect from a different country would design each one...I have a feeling that the concept was changed as it was slow in the development process...It is such a unique concept and the style is somewhat "avant garde" for Nashville, TN...
I would say those properties are affected by the interstate noise and price must reflect that obstacle..
Based on questions I get from buyers, it seems their perception is that there must be 'something wrong' because so many homes are listed up there at the same time right now.
For MANY years, it was very difficult to buy in Nevada Heights. There were a limited number built (only one per year), lots of competition (one of the few modern emclaves in Nashville) and they usually sold for close to full price prior to (or just at the begining of) the construction phase.
Now, in the past year, three listings and three more new construction...unusual. All I meant by the comment was that there is a logical explanation for the changed availability pattern up there. Each listing and new construction has it's own unique story...they just all came about at the same time.
I've spent a lot of time up there as a friend and an agent and almost bought a home there myself (until the current real estate market kicked my income in the butt and delayed that dream).
If you're interested in taking a look at the homes, give me a call. If you want to meet some of the neighbors and hear about the community, I am also happy to make some introductions. Although it looks like there might be something fishy going on becuse of the three listings up there currently, I urge you to take a closer look. You just might find that you get the deal of a lifetime on a pretty stunning home.
Viability is a great question that encompasses several potential ways to answer. How long do you plan to live there? Are you interested in brand new...or an older home? If you like older...how handy are you? Do you love home maintenance and fix up? Do you have kids? how important are schools to you?
Transitional neighborhoods are in fact neighborhoods experiencing change...one way or the other. Neighborhoods that attract lots on new homes and folks that like to rehab older homes are a good example of a neighborhood in transition. Nevada Heights is in transition. Its up to you to decide if that sort of change appeals to you. I suggest you check out several good sites for ANY neighborhood you plan to buy in....
Quality of life and good schools make any neighborhood attractive as well as enhance and protect value.
Your due dilligence, (or your buyers' agent) prior to making any offers on any homes will pay off handsomely. A wise old man once told me that you make your money when you BUY realestate not when you sell it...Think about that.
Keller Williams Realty
Here are all the comps since 2004 - note the closing dates.
The current listings are priced more affordably than they were a year ago. I personally think this neighborhood will bounce back and continue to be viable because of their uniqueness.
If you're looking for something in the same style with a skyline view, the homes on Katie Hill might also interest you:
Thank you for the quick response and the information you provided me. I drove up there one night and could not see the houses due to the darkness, but the view was fantastic. One question: What did you mean by the "something fishy" comment? :-) I really liked the architecture. I am presently in D.C. for the inauguration. I should be back by end of the week. I may contact you then.