Market Conditions in 37803>Question Details

Tony Mislaps, Home Seller in Maryville, TN

Any suggestion about Maryville?

Asked by Tony Mislaps, Maryville, TN Fri May 2, 2008

We are new here and know nothing about this area. We have a young kid and try to buy a home in Maryville. The price we can afford is b/w 240k-280k. Any suggestions about this city and area? How is the RE market now?
Thanks

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Hi Tony,

The City of Maryville has great schools, lots of recreational opportunities, excellent shopping, great medical facilities, a major airport within about 10-15 minutes drive, and is very clean. It has a low crime rate and is very scenic.
One of my favorite tools to look at homes is to utilize the hybrid map at zillow.com. Here is an example: http://www.zillow.com/homedetails/birds-eye-view-map/4082876…
Scroll to the bottom of that webpage to see adjacent properties and what the approximate values are. That allows you to evaluate neighborhoods from home to narrow down your selection area. Too many sites try to use comparables that are in different neighborhoods, which can greatly skew the price points. Just like anywhere, it is location, location, location--not only a great neighborhood with solid construction and strong values, but also proximity to amenities.

Because the market is realtively small, the graphs showing listing prices, sales prices, and values are also skewed because they are based on such a small data set. My understanding of the Maryville market is that values have dropped less than 2%. Maryville never saw the insane price runups like some areas of the US, so the market has held pretty steady.

Good luck on your search.
0 votes Thank Flag Link Tue Jun 2, 2009
Hello John!
My name is Hope Cudd and I am a Realtor with Re/Max First in Maryville. If you are not working with another agent at this time, I would love to help you and your family purchase here. My website has all kinds of info about the schools,parks and area activities. The address is: http://www.blountcohomesforsale.com You can also search the entire MLS system for homes that fit your criteria. I have over 18 years of full time experience and can guide you through each step of the way. It is a great time to buy! You can reach me on my direct line at 865-809-9300

Hope Cudd
REALTOR
RE/MAX First
865-809-9300
0 votes Thank Flag Link Thu May 22, 2008
John,

Maryville/Blount County is a great place to call home. I'm a realtor in the area and can assit you with both your home buying and finding you a good lender. I'll give you an example about buying Ltes ay you find a home for $218,900 you have 20% down and the interest rate was 5.5% your montly Principal and interest would be $994.31. Now lets say that in a year home prices were to drop 10% or $197,010(don't think that will happen) But by than the recession is history and the FED is jacking up rates. Lets say they are at 6.5% your monthly payment would be $994.94. So now is a great time to buy.

I hope I answered your question. You can visit my website http://WWW.Broderickhomes.com
I have links to area information. Hope see you soon
0 votes Thank Flag Link Tue May 6, 2008
John,
Maryville is a great city to live and work in. Right now our market is in good condition. As always things could be better, but for the most part the market is in stable condition. If you have not found a realtor to assist you in your home buying I would love to work for you. Please Email me at Kmcmahan08@comcast.net and I will send you my phone number so we can talk further. Thank you for time.

Kenny
0 votes Thank Flag Link Fri May 2, 2008
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