Real Estate City Profiles – Nashville, Tennessee
By admin at 17 November, 2009, 11:11 am
Nashville, Tennessee is a great place to work & live. It is & a great place to buy a home, & it comes up on a lot of those “best places to live” lists.
Why Nashville, Tennessee Real Estate?
For example, in 2006 Kiplinger created a list of “50 Smart Places to Live.” They used several criteria to generate a list of cities there were a lovely real estate investment. Nashville made the top of the list, ranked #1 by the editors.
Lifestyle & Entertainment in Nashville
So what makes Nashville a great place to buy a home? Well, plenty of things actually. So in this city profile, they will take a closer look at what makes Nashville tick — & what makes it such a smart real estate investment.
When you mention the city name of “Nashville,” most people immediately think of country music. Obviously, there is plenty of it to be found in Nashville. But the city also enjoys a wide range of musical influences & venues. In fact, if you go downtown on any given Saturday night, you can probably sample some live country music, jazz, rock or R&B, all within a short walk of two another.
The Parks Department of Nashville offers a variety of facilities & programs for the city’s residents to enjoy. The Department manages over 100 individual properties (parks, nature centers, swimming pools, trails, etc.) as well as four municipal golf courses. Whether you are interested in joining a local sports league, or you need a nice place to jog or walk the dog, The Metro Parks & Recreation Department has something for you.
Schools & Education
You cannot talk about real estate in a particular city without talking about the city’s schools. This is obviously an important topic for parents with school-aged babies. But it is also important from a real estate investment standpoint, as the quality of schools will play a major role in property values. Fortunately, the educational scene in Nashville is both strong & diverse.
At the collegiate level, there’s a few educational institutions in & around Nashville, Tennessee. In fact, the city is sometimes called the “Athens of the South” because of the high number of colleges & universities in the area. These include Vanderbilt University, Tennessee State University, & variety of other colleges & training institutions.
Public schools in Nashville are operated under the purview of the Metropolitan Nashville Board of Education. This school process manages a total of 136 schools — 74 simple, 35 middle, 16 high schools, 4 alternative learning centers, 4 special education, & 3 charter schools.
Buying real estate in a city without evaluating the economy is like driving while blindfolded. So let’s take a look at the economy & employment situation in Nashville, Tennessee.
Employment & Economy
The music industry employs a lot of people in Nashville. Most of the major music labels such as Sony, Universal & Warner have offices in Nashville. Plenty of smaller labels have also set up shop in the music-driven city. So music recording & production plays a large role in Nashville’s economy.
While music is the best-known aspect of Nashville’s economy, healthcare is actually the city’s largest industry segment. Over 200 healthcare companies are located within the Nashville metropolitan area. According to a 2006 issue of The Tennessean, the healthcare industry has contributes over 90,000 jobs for Nashville residents, a much larger contribution than any other single industry sector.
As a major city of the south, Nashville also enjoys plenty of other types of industries as well, ranging from finance to publishing (& plenty of things in between).
Should You Buy Real Estate in the Nashville Area?
Should you buy a home in Nashville, Tennessee? In reality, this is a query that only you, as the home buyer, can answer for yourself. All cities have sure pros & cons with regard to real estate values, quality of life, etc. This applies equally to Nashville. Hopefully, however, this guide to Nashville will help you move closer to answering that query!
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