This home is a 4 bedroom, 2 bath and is right off Belmont Blvd. $600,000 + new construction is all around. Minutes to Vanderbilt and Belmont. Great for roommates! Buy the home, rent, and pay your mortgage! Zoned for two homes. Tear down, build one for yourself and sell the other. This does not back up to I440. Call today for a tour! $344,900.00. Just reduced by $14,000.00. 838-8951. Thanks.
HISTORIC WEST NASHVILLE! If you know where the Harley Davidson shop is off I40 West, you have been in the neighborhood. More than 160 new homes are being planned for The Nations, a fast-growing neighborhood in West Nashville, The Tennessean reports.
The owners of the Nashville Lumber Co. site off California Avenue are seeking a rezoning to allow for at least 100 new townhomes in a project that would be developed by HND Realty.
Nearby, Michael Kenner‘s MiKen Development has 5.5 acres under contract on which 63 single-family homes are planned. At 1405 Centennial Blvd., another developer is seeking a rezoning to build a Dollar General and 4,800 additional square feet of retail space.
USA Today ranked Nashville as top city for green spaces in North America, touting Shelby Bottoms Greenway and Nature Park, Centennial Park and Radnor Lake State Park.
“After the city’s May 2010 flood, green infrastructure has become a top priority, and follows a prior commitment to add 22,000 acres of open green space to the city over the next 25 years,” the article said.
Also included in USA Today’s top ten for best urban green spaces were Boston, Boulder, Chicago, New Orleans, Portland, San Francisco, Savannah, Seattle and Vancouver.
We have all heard that June and July were very busy months in Nashville for selling and buying real estate. According to the Greater Nashville Association of Realtors (GNAR), there was a 22.4% increase this July over July 2012. You may be hearing that the market has slowed a bit and that might be true but we will see how the August numbers come in.
It is true mortgage interest rates have climbed, although still very attractive. The Federal Reserve continues tapering down its economic stimulus and it is driving mortgage rates higher this past week. The average rate on a 30 year mortgage reached its highest level in two years. A 30 year fixed rate mortgage averaged 4.58% in the week ending August 22, up from 4.40% the previous week. A 15 year fixed averaged 3.60%, up from 3.44%.
The Mortgage Bankers Association said applications to refinance an existing mortgage have fallen to the lowest level in two years.
What does this mean for buyers and sellers in Nashville and surrounding areas? GNAR President Price Lechleiter says the 22 percent increase in home sales in July is “very good news.” He says, “The fact that it is a continuation of the upward trend of the last 23 months is convincing evidence that this region is experiencing sustainable growth in the real estate market. The continuation of excellent visibility and positive economic news for Greater Nashville is attracting more people here, and seems to be building confidence in those already here, so there is more willingness to commit to the purchase of a home.”
It is true that inventory is low in many parts of Nashville and surrounding areas. Realtors are contacting past clients to see if they would like to sell and so on to find homes for immediate buyers. This adds an element of competition, good for sellers, not so good for buyers. The bottom line is that if you are considering selling your home, this could be a perfect time to do so. So if you would like to have a conversation to see if the time might be right for your personal goals, give us a call today. We can help you look over the information and make a decision about how to move forward, or not.
Nashville Restaurant Week kicks off today, running from Aug. 19 to 25. This year’s event will include more than 30 local restaurants offering special menu items, price points and prix fixe meals. For example, a Nero’s Grill two-course lunch menu is priced at $12.13 and Noshville Delicatessen is offering a $20.13 special for two diners at any meal. Other restaurants will offer three-course dinners for $20.13 or $30.13, according to a news release.
The event gives local diners a more affordable chance to experience the city’s growing restaurant scene that has been a national media darling for the past 18 months and has drawn nationally acclaimed chefs to the area! Restaurants are members of the Nashville Originals, an association of independent restaurants that have been operating for more than one year. Click the link to view who is participating and check back often as they are updating the list regularly with menus too.
It’s not about the math, but if you want a place to work with vibe, check out Center 615, Music City’s latest co-working office space. Center 615 will officially open Thursday in East Nashville.
The center’s owner, Christian Paro, shared in a press release that the center features 37 office suites ranging from 100 to 2,000 square feet, equipped with co-working desks, workstations and conference rooms. Center 615 is located at 615 Main Street and was purchased for $2.7 million dollars by Paro South. The center will have quirky touches throughout highlighting Paro’s love of science fiction.
There will also be additional conference rooms, an event space, a rooftop lounge, and outdoor event space, plus themed conference rooms, fitness area, break areas, kitchens, and free onsite parking. Some tenants will have access to the amenities of videoconferencing and film screening. So if you want a cool, creative place to work, this may be it!
Yum Yum!! How about this concept? Indian inspired food in a microbrewery? Perfect! Celebrity chef Maneet Chauhan is looking to the Gulch for the site of her new Nashville restaurant and hopes to open by the end of the year. Chauhan, known for her role on Food Network’s “Chopped,” is launching the restaurant with Moni Advani, London Parfitt and Austin Ratliff. If the deal is finalized, the restaurant would be the latest to join the Gulch’s thriving restaurant scene that includes Virago, Watermark and Kayne Prime, among others.
“The idea was to have something sophisticated, exciting, a place where people could come and hang out,” Chauhan said. “It is something which is catered to the Nashville clientele — a microbrewery with small plates that are still very unique to the main dining market in Nashville.”
Chauhan said Advani reached out to her about a opening a place in Nashville, and after visiting the city last year she recognized the momentum in the dining industry, as well as the opportunities spurred by the Music City Center.
“I was really impressed with the dining scenes and how amazing the culinary scene is in Nashville,” she said, adding that she may look to other cities in the future. “For my first restaurant, I wanted to do something very special and close to my heart. Nashville felt like the place.”
Many of you may have already found the coffee/crepe shop in Nashville, but just in case you haven’t, facebook …..The Red Bicycle Coffee and Crepes or click the link below. I had the cinnamon ones as they have a cream middle where the basic ones do not…. so a little more yum. My Mom got the Banana ones and loved them. They all look lovely! The sauce and cream they put on top is amazing! Go on an empty stomach and experience satiety like never before. They have savory ones too but I haven’t been able to venture away from the sweet ones yet. You will either hate me or love me after going but either way, ENJOY!
We are in the midst of deciding what the renovation of the 1920’s bungalow we are purchasing will look like. We live, work, and play in neighborhoods where new construction is booming in the midst of old historic homes. Some people don’t feel these homes are keeping up with the quality and character of the older more historic builds in the neighborhoods. What do you think?
We would like to keep as much of the original character as possible. The hardwood floors are the original one-inch oak hardwoods. You don’t see any knots in the wood because back then they had access to one-hundred plus year old trees from which to harvest the wood.
If you’ve heard it said before, “They just don’t make wood the way they used to” – that would be a correct statement. They don’t. Trees in our grandfathers’ time fought with nature in ways that today’s second-growth, or new-growth trees do not. Those old growth trees were much denser, had much tighter growth rings and were therefore harder and more stable. Today, the trees are harvested much younger and therefore quite “knotty” in appearance and not as hard and sturdy. We have many things to decide!
I ran across an article recently by Adventures in Preservation that made me think. They were commenting on how in America, we tear down more of our older homes and buildings than other countries. It points out reasons why we should care about saving old homes. It is indeed something to ponder. Maybe we will keep the hardwoods!
Six Reasons Why More Americans Should Care About Saving Old Homes
- Because tearing them down is wrecking our history. Countries rich in culture value history and buildings. “In Italy and France, you see 300-year-old buildings housing subways,” she said. “They make them work, they don’t tear them down.”
- Because it’s bad for our Earth. Most of the wreckage will not be salvaged. All that glass and plaster goes into landfills.
- Because you can never replicate these houses once they’re gone. The woodwork alone came from 200-year-old trees. These homes were built before electricity,
- Because we don’t need new homes. “We have enough vacant homes to put everyone in.”
- Because we’re losing our uniqueness. “There is something beautiful about traveling through America and seeing its distinct neighborhoods. Houses that get torn down and rebuilt erase that character.”
- Because of their quality. “When you have a 100-year-old home made of timbers not particle board, it is solid. These homes have withstood decades of human life and natural disasters. But not city commissions and other self-interests.”
READY FOR AN ADVENTURE?
I like staying in unique kind of places when I travel. No monstrous hotels like Hilton or The Ritz for me. I prefer something more adventurous and compelling. Boutique hotels can be fun. Bed and Breakfasts are a little too “up close and personal”. Small inns are a must especially in places like Santa Fe, New Mexico or San Francisco. Well folks coming to Nashville will soon have another “cool” place to crash. Retail developer Mark Banks describes the five-room boutique hotel and restaurant he is creating from a former mechanics garage an “urban hideout.”
His 404 Hotel and Kitchen, opening this fall at 404 12th Avenue, is designed to offer travelers an alternative to large or mid-size hotels, offering what he calls “invisible service” led by one onsite manager. The idea is to let guests feel less like tourists and more immersed in the city.
It’s for “a traveler looking for something a little different, a little more unique in a booming part of town,” said Banks, who is principal at Retail Partners Development. “This is the kind of place my wife and I would try to find. … This is going to appeal to someone looking to have some elegant accommodations without too much fuss.”
As a developer, Banks said he keeps an eye out for interesting locations. After spending time at the neighboring Station Inn during the past few years, he noticed the nearby mechanics garage and approached the owner. After talking to people in the hotel industry, he learned about the Kimber Modern in Austin and decided a similar concept could work well in Nashville, especially in the Gulch.
“The Gulch is I think the center of what’s happening in Nashville right now, being surrounded by condos, apartments and new restaurants,” he said.
The 7,200-square-foot hotel is still under construction and his team is determining interior furnishing and design. Each room will have king beds with four including a loft living area connected by a winding stair case.
The restaurant seats 45 and is located in a storage container in front of the hotel, with the kitchen as a part of the hotel building. Chef Matt Bolus, who has previously served in chef positions at Flyte and Watermark in Nashville and FIG in Charleston, will offer a “modern take on classical European cuisine,” and the menu will be determined by available produce grown at local farms, including herbs grown on the hotel’s roof, said Libby Callaway, publicist for the hotel.