If you are considering a purchase (or even a sale) of investment or vacation property in the Gatlinburg, TN area (including Sevierville, TN and Pigeon Forge, TN) keep in mind that some of the traditional methods of determining a fair market value for a property aren't as useful in our market. Take, for example, the "price per square foot" method. While this can be a gross indication of a property category (and you should be aware of it) it doesn't really take into account the special needs of our market here in Gatlinburg. The fact of the matter is, hardly anyone purchases a vacation or investment home based primarily on square footage. Much more common are concerns about:
•· View
•· Parking
•· Rental History and Income
•· Privacy
•· How Many it Sleeps (This is not the same as "number of bedrooms"!)
•· Ease of Access
- Proximity to the National Park and other amenities (OK...Dollywood counts here too!)n
Based on information from Gatlinburg's top cabin rental company, the top 2 requests for cabin amenities are "view" and "privacy"...in that order!
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