Nashville Real Estate Talk

Rare Villa Available in Del Webb’s Lake Providence,  Just $163,500

Lake Providence Club house

Since lake Providence opened in Mt. Juliet, Tn., several years ago,  it has become the fastest growing 55 and older community in Tennessee and the South East.  The Fox Run Villas have been one of the most popular homes.

One-level living with amenities and affordable. These homes were an upgrade from the original, simpler designs in Del Webb’s first offerings.

With 2 Bedrooms and 2 Full Baths and 1244 Sq. Ft. the Villas were a great fit for Active Adults who needed less space and more free time.

These homes are no longer being built in Mt. Juliet because the builder ( Pulte) says they are too expensive to build.

This home at 307 Blockade Lane was built in 2009.  The owner, who lives in another Lake Providence home 2 blocks away, has been renting this unit to the steady stream of people waiting for their own Del Webb homes to be built.

Now he has decided to sell this one.

As you can see from the photos this home is in wonderful condition.

307 Blockade Lane, Mt. Juliet, TN

Reduced Costs of Ownership

One very interesting thing about the Villas is that they INCLUDE All  Exterior   Maintenance!

These homes are covered by the Del Webb Home Owners Association (HOA), and everything on the outside is covered.

That means home owners insurance is reduced, the homeowner’s insurance on this home is about $300 per year.

Taxes on this home are also very low, just $1,013 per year.

This home has approximately $14,000 in upgrades from the basic Villa Plan.

Kitchen

Master Bedroom

This home will be available to move in after April 15, It is in “like New” condition and is much less expensive then a new unit.

Living area

Rear Patio

Master Bath

The rear Patio can screened, enclosed or extended.

The rear of the house has open space behind it which is not available with new units.

SELLER PAID OVER $14,000 IN UPGRADES
ABOVE PULTE LIST PRICE:
Full irrigation system with timer: $2500
Floored and shelved attic above garage: $800
Finished and painted garage: $600
Shelves installed in garage: $200
Can lights in kitchen: $600
Ceiling fan, wire and installed in living room: $250
Upgrade shower in master bath: $650
Extra outlet in garage: $150
Three extra TV outlets, one in living room and two in bedrooms: 3@$175: $525
Back lights: $250
Patio wired for ceiling fan: $175
Patio wired for electric: $125
Back of house wired for electric: $125
Elevation fee for front of house: $3200
View fee for unobstructed rear of house (nothing can ever be built in the 1 ½ acre of lawn): $4000
Additionally: new stove, blinds, wired for alarm

The view from the patio

To see this great Home call Jim Or Cathy at 615-481-7609

Or email us at Cathy@CathyWood.com

Nashville Home Showings Reach Milestone in December.

As many of you know we have been tracking Home Showings in Nashville since 2002.  These showings are a barometer of home buyers and can be used to predict home sales in the following months.

Looking at December’s showings we can see that for the 8th month in a row Nashville home buyers outpaced home buyers in 2010.

More importantly, for the first time in almost two years, home showings in Nashville were were not only higher than the year before, but they very nearly passed the number of showings in 2009 as well. (2418 vs. 2462).  Adjusting these numbers for the Christmas holidays which were extended due to Christmas falling on Sunday, we could easily make the case that December 2011 passed both 2010 and 2011 for showings.

Nashville Home Showings for December 2011

Why is this important?

What we are seeing appears to be a trend. We first noted in May that appointments to show homes for sale in Nashville had surpassed the previous years totals.

Home sales immedietly began to rise in the months following May.  Each month since then has surpassed last year in home sales. That became a trend and now we have seen that trend grow.

Nashville home owners who want to sell their homes should take note.  Demand is growing.  Likewise if your shopping for a home in Nashville, you’re not alone.

This week we had home buyers from California  visiting Cathy and me to buy a home in Mt. Juliet.  Out of 6 homes we planned to see, two had offers in and accepted that week.

We still found a great home for them and they left with a contract in hand.  But as a home buyer in Nashville, be prepared to bid competitivly.

To search homes in Nashville, we suggest our award winning site, www.NashvilleHomeSearcher.com .  It provides enlarged pics and googles maps/aerial photos of each home so you can get an accurate picture of these homes.

For detailed information, like Foreclosure lists and Short sales, call us or visit our website at www.CathyWood.com.