Hope Gardens Snapshot

I just finished a Home Value Report for a home in Hope Gardens and thought that some of the information was worth sharing.

Hope Gardens is a small area just north of downtown Nashville. It's across from the Farmers Market, west of 8th Ave and south of Jefferson Street.

It has seen some revitalization that seems to have finally tipped the scale as of late. A couple notable developments have been anchors in the area including Park Place Court and the Row 8.9n which won a 'Grand Award' from Builder Magazine.

Single family home prices have averaged around $143 per square foot over the past 6 months for a renovated, and probably historic-looking home. The neighborhood is filled with a mix of renovated homes from the early 1900's and brand new infill homes of similar character.

So, purchasing a smaller 3 bedroom / 2 bath would probably cost you around $200,000. Larger homes sell up to the high $300k's.

Driving through the area today, I was impressed with the architecture which seems almost distinct to Hope Gardens or at least North Nashville. Reminiscent of homes in New Orleans, many of the homes feature large two story porches on the front of a narrow but deep home. The newer ones usually have an open floor plan on the first floor with bedrooms upstairs.

It's an area that's really shaping up and leading the way in the revitalization of North Nashville.

-Peter

www.NashvilleCityHomes.com