The homes for sale in Belvoir, Chattanooga, TN are among the most desirable in the city. The location is excellent, the houses are unique and charming, the market is stable, and the prices are very competitive.
Located conveniently within arm’s distance of Downtown, Hamilton Place, East Brainerd Road, and I-75, Belvoir homes are extremely well-connected. No part of the city is too far away. But, they’re also set far enough back from each of these that they don’t feel too busy or too urban. Quite the opposite, actually. Framed by tranquil, tree-lined avenues, and a warm, inviting neighborhood perfect for evening strolls or scenic bike rides, the effect of Belvoir is similar to that of Central Park in Manhattan -- it is an oasis within the heart of the city.
Built mostly in the mid 1900s, the homes for sale in Belvoir, Chattanooga TN hum with historic charm. Think handsome hardwood floors, wide and generous windows, elegant built-ins, sophisticated molding, and cozy fireplaces.
If you’re a shrewd home buyer, location and cosmetics won’t be the only factor you evaluate in a home. You’ll be concerned about the stability of the local housing market. Because of its desirability, Belvoir is one of the most stable markets in Chattanooga. Check out the chart below.
While the average price of homes for sale in Belvoir, Chattanooga TN did fall drastically in 2008 as they did in all of Chattanooga, Belvoir began to recover in 2011. Most of the neighborhoods in the metro Chattanooga area did not begin to see an upswing until this year. It’s remarkable that home prices in Belvoir were climbing two years before the surrounding markets.
Not only that, as the market in Belvoir recovered, prices did not continue to climb dangerously, only to crash again. They’ve stabilized and have been level for the last two years. This is the kind of market where you want to invest your dollars.
Despite being so desirable, Belvoir is not overpriced. The average price per square foot for homes sold since 2012 is right at $70. In other words, to buy a home for sale in Belvoir, Chattanooga TN is to buy a beautiful, historic home at great value in one of the most stable and desirable neighborhoods in the region. Few neighborhoods can compete with that.
Want to learn more? Check out our website to see homes for sale in Belvoir Chattanooga, TN. For featured listings, call our office at 423.664.1610.
Comments(0)