Monday, August 15, 2016 09:00 AM

DEMAND GROWS FOR PARKSIDE HOMES IN NASHVILLE

Nashville is hundreds of miles from the nearest ocean, but homebuyers in neighborhoods close to parks and greenways have discovered the city’s equivalent of beachfront property.

“Property around the park has been treated like oceanfront property in Nashville, where values have grown exponentially and retained themselves,” said Britnie Turner, founder and CEO of Aerial Development Group.

From urban neighborhoods and downtown to the suburbs, demand is growing for parkside homes.

Aerial recently sold several homes in East Nashville’s Shelby Hills neighborhood at prices between $700,000 and $800,000. The neighborhood is adjacent to Shelby Park.

“Several people commented, ‘why would we want to live in Green Hills and deal with that traffic when we could live in this beautiful park this close to downtown?',” said Turner.

News source: http://www.tennessean.com/story/money/homes/2016/08/14/demand-grows-parkside-homes-nashville/88313288/

See also: Trauger