Page 1
Page 1
Started By
Message

U of Tenn folks question - Knoxville real estate

Posted on 1/21/20 at 12:05 pm
Posted by lsuag88
baton rouge
Member since Jan 2006
3494 posts
Posted on 1/21/20 at 12:05 pm
My son will be moving to Knoxville for his residency this summer at U of Tenn. What are good area's to buy a starter home not too far from campus and not more than 200K? What are areas to avoid due to declining value, crime, etc.

Thanks!
Posted by madmaxvol
Infinity + 1 Posts
Member since Oct 2011
19126 posts
Posted on 1/21/20 at 1:22 pm to
quote:

My son will be moving to Knoxville for his residency this summer at U of Tenn. What are good area's to buy a starter home not too far from campus and not more than 200K? What are areas to avoid due to declining value, crime, etc.



Depends...what do you consider "not too far".
Posted by VFL1800FPD
Nashville, TN
Member since Aug 2012
9056 posts
Posted on 1/21/20 at 2:19 pm to
Rule of thumb in Knoxville is to stay west of town

A ton of young people live off Sutherland Ave in the area near Dead end BBQ. A Newly married friend of mine bought a new house in that area and loves it. Relatively close to campus as far as respectable suburbs go. Also adjacent to tons of shopping and restaurants in West Knoxville. Thatd be the place to start IMO

Also someone may have to help me on this. Is Island home a good area? It used to be shite but im wondering if its getting any better with the overall improvement of Knoxville.
Posted by lsuag88
baton rouge
Member since Jan 2006
3494 posts
Posted on 1/21/20 at 2:56 pm to
Time wise, 20 minutes or so?
Posted by lsuag88
baton rouge
Member since Jan 2006
3494 posts
Posted on 1/21/20 at 2:57 pm to
I appreciate this info! He will be newly married as well and plans to be there 4-5 years.
This post was edited on 1/21/20 at 3:00 pm
Posted by TRUERockyTop
Appalachia
Member since Sep 2011
15813 posts
Posted on 1/22/20 at 12:33 pm to
What type of environment do you guys have in mind?

If you're looking for the suburbs and have no problem with a bit more of a drive, look in West Knoxville.

Catch: 200k out West in the suburbs isn't going to get you nearly the house that it would in the city proper.


If he's looking to be more in the city and closer to downtown then I would recommend doing your homework on North and South Knoxville. There are some great areas to get into in those areas and your $$$ will go farther. You'll also be closer to all of the entertainment venues that comes with living closer to downtown (Tons of Breweries, restaurants, bars, entertainment options, The University/Campus, etc) Even the fringe part of West Knoxville closest to downtown (The Sutherland Ave area the poster mentioned above) has some good spots. It also has some sketchy spots so it's worth doing your homework on.

I have lived in West Knoxville (Hardin Valley & Middlebrook pike areas) during high school and then went on to buy a house in Fountain City (A community in North Knoxville) so I've got a pretty good feel for both. Personally, I love the city and being so close to what people my age enjoy doing. But everyone has their preference.

West Knoxville is more cookie cutter suburbs and the like, but is safe, secure, and still has a lot to do. It's a great place to raise a family with good public and private schools. Drawbacks are your $$$ won't go nearly as far as other areas in the city and depending on what suburb you're in (Farragut, Hardin Valley, Bearden, Karns, etc.) you can have a decent drive to get downtown.

North and South Knoxville proper, atleast large areas of them, feel less suburban and more urban/city. You'll get more bang for your buck on the housing market. The proximity to downtown and entertainment is great (I'm 8 minutes from my house to downtown in Fountain City) but the crime is also higher. There's definitely some trade offs depending on your life style and what you're accustomed to.

FWIW: Knoxville city limits has about 190k people due to an outdated city limits design. Knox County collectively will be at about 475k people in the 2020 Census. I'd say with atleast 250k of those 475k people being in West Knoxville. The Knoxville metropolitan area is around 875k+

The Island home community in South Knoxville would be a good place to look (The South Knox riverfront is starting to boom). Fountain City and even parts of North Knoxville proper off of Broadway have some good spots, but there are some hit or miss areas in North Knoxville proper to be aware of. Due to your unfamiliarity with the area it may be best just to look in Fountain City if you're looking North (Unless he wants to be way out in North Knox county in the Powell, Halls or Gibbs areas) Also, the Bearden area in West Knoxville will be good to look into as it's the closest of the larger West Knoxville suburbs to downtown. West Hills and The Cedar Bluff area are solid too and definitely check out the Sutherland area as well.

Stay out of East Knoxville. Don't even look in that area unless it's back in Holston Hills or further out closer to Strawberry plains. Lot of gang and drug activity.

Good luck and let us know of you have any additional questions
This post was edited on 1/22/20 at 7:00 pm
Posted by madmaxvol
Infinity + 1 Posts
Member since Oct 2011
19126 posts
Posted on 1/22/20 at 1:54 pm to
quote:

Time wise, 20 minutes or so?



Depending on what you are looking for...you can get a lot more for your money (and still stay out of the higher crime areas) if you move North up I-75. Powell area isn't terribly expensive, and is still a pretty straight shot down Interstate to Campus and UT Hospital.

Edit to add...if you are willing to go 25-30 minutes, you can make it all the way to Anderson County (Norris Area). Much more rural, and near great fishing/skiing for days off.
This post was edited on 1/22/20 at 1:57 pm
Posted by lsuag88
baton rouge
Member since Jan 2006
3494 posts
Posted on 1/22/20 at 4:50 pm to
Thanks, great info!
Posted by lsuag88
baton rouge
Member since Jan 2006
3494 posts
Posted on 1/22/20 at 4:51 pm to
Thanks!
Posted by TRUERockyTop
Appalachia
Member since Sep 2011
15813 posts
Posted on 1/22/20 at 7:07 pm to
Powell has really grown a ton. That's turned into a nice area that keeps getting better. It seems to still be relatively affordable as well when compared to Bearden, Hardin Valley & Farragut.
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20486 posts
Posted on 1/22/20 at 8:10 pm to
quote:

My son will be moving to Knoxville for his residency this summer at U of Tenn. What are good area's to buy a starter home not too far from campus and not more than 200K? What are areas to avoid due to declining value, crime, etc.

Thanks!




My daughter and SIL started residences in Knoxville last June. They bought in what I believe is the Bearden (Wedgewood Hills?) area of west Knoxville. They talked to other residents before buying and many, if not most lived out west of downtown. In fact, they bought a house from a guy who was finishing his surgical residency. It takes my SIL less than 25 minutes (This was extremely important in his buying decision. He wanted 20 minutes, but I think he settled on 21 from the house they bought because he loved the neighborhood) to get to UTMC, and they are 6-7 minutes from every dining and shopping option imaginable.

One of the residents connected them with a realtor who frequently assists incoming and outgoing residents. (He claims it is one of his specialties, but you know how realtors throw BS). They fired the agent they were using and hired him. The dude was great. Kind of a cocky young guy, but constantly accessible and very knowledgeable. Fantastic realtor for dealing with young buyers.

They also looked in the Westlyn and Rocky Hill areas, which are also out that way. They even looked at a couple of gentrified areas in town but decided against those.

Frankly, I love the area where they live. Fantastic neighborhood, convenient to everything, and easy commute for each of them. Also, they're about 5 minutes away from the best shawarma I've ever eaten.
This post was edited on 1/22/20 at 8:58 pm
Posted by lsuag88
baton rouge
Member since Jan 2006
3494 posts
Posted on 1/22/20 at 9:29 pm to
Great info!
This post was edited on 1/22/20 at 9:29 pm
Posted by LeConte
You're nosy.
Member since Jan 2020
363 posts
Posted on 1/23/20 at 8:30 pm to
You can find some good real estate in South Knoxville, which pertains to the city limits south of the Tennessee River.
Posted by TT9
Global warming
Member since Sep 2008
82952 posts
Posted on 1/23/20 at 8:44 pm to
quote:

Farragut
Posted by lsuag88
baton rouge
Member since Jan 2006
3494 posts
Posted on 1/23/20 at 9:41 pm to
Any area more specific in South Knoxville?
Posted by LeConte
You're nosy.
Member since Jan 2020
363 posts
Posted on 1/24/20 at 12:27 pm to
I don't want to post misleading information, so I'll park my suggestion at the breadth of the South Knoxville neighborhood.

My rationale behind South Knox being a good fit for your stipulations is that it is being gentrified and also has plenty of cheap lots of land. It's easy to flip a home there. The frequency of crime has decreased since 2000, and the neighborhood has become a hangout for hipsters and college students with $.

I particularly like the Island Home area; however, the home prices there may be higher than what you are seeking.

Keep in mind that South Knoxville also has bike paths, bus service, and is just a five minute drive from campus in most areas.

Please let me know if you have more questions. I lived in Knoxville during my four year time as an undergraduate, and I still visit the city often.
Posted by lsuag88
baton rouge
Member since Jan 2006
3494 posts
Posted on 1/25/20 at 1:32 pm to
Thanks again!
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow SECRant for SEC Football News
Follow us on Twitter and Facebook to get the latest updates on SEC Football and Recruiting.

FacebookTwitter