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City Overview
Real estate in Fountain City includes a mix of single family homes, multi-family complexes and rental units. The starting price for a home in Fountain City is $100,000 and can go up to over $500,000. The most common price range of single family homes in Fountain City is between $150,000 and $200,000. Fountain City has a small town feel and all of it's residence take pride in living in this quaint town. Many of the best Dogwood trails can be found here where the streets of Fountain City literally explode with the colors of spring flowers. The Dogwood trails throughout Knoxville are marked with pink lines painted on the roads. For 
Recreation
Christine McInerney and Jennifer Halinkowski - Knoxville TN Real Estate - Keller Williams Realty Knoxville Copyright © 2009
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Fountain City, Knoxville, TN Real Estate
0 comments • Christine McInerney & Jennifer Halinkowski, Green, EcoBroker, e-Pro • May 04 2010 01:08PMFountain City TN Real Estate Market
The Fountain City TN area is located in the North East portion of Knox County and is best known for its historic charm and feel. The Fountain City TN area contains an eclectic mix of homes ranging from large historic riverside estates to small cottages. If you are thinking of Selling or Buying a home in Fountain City area you may be interested in the recent market report.
Please note that these stats that I will be showing below are taken from the Knoxville Association of Realtors® and include only single family residence homes that are/or have been listed in the Knoxville MLS. Also, for comparison purposes I am only using data taken from January 1, 2009 to June 30, 2009.
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Active Listings |
133 |
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Closed Listings (1/1/09-6/30/09) |
148 |
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Absorption Rate |
5.39 |
So what does this all mean? What this shows is that the Fountain City TN subarea as a whole (all subarea and all prices) has an average of 5.39 months of inventory. The absorption rate will vary by price range and specific properties (i.e. # of bedrooms, # of bathrooms, and square footage). If you are thinking of Selling a home in Fountain City area contact us and we will glady provide you with a custom report.
As you can see from the chart below the Fountain City area in Knoxville TN has seen an increase in the number of closed sales in the past month, compared to the past 6 month average. As a result there is currently about 3.91 months of inventory on the market. This shows that currently the Fountain City market is quite healthy. The average closed price during June 2009 was $162,921.
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Current Active Listings |
133 |
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Closed Listings |
34 |
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Absorption Rate |
3.91 |
Keep in mind real estate is and always has been all about location, location, location. There are some areas and price ranges within Knox County that have improved significantly while others have not changed too much. Please click on the designated subareas below for data specific to each Knox County TN subarea.
Knox County Subareas (click on a subarea to view Market area stats specific to each subarea)
- Knox County- Market Overview
- North Knoxville
- East Knoxville
- Holston Hills / Chilhowee Park
- South Knoxville
- Norwood / Cumberland Estates / Pleasant Ridge
- Fountain City
- Halls
- Gibbs
- Carter
- South Doyle
- Westmoreland / West Hills / Riverbend / Sequoyah Hills
- Concord / Bluegrass
- Cedar Bluff
- Northshore / Choto
- Farragut City
- Lovell Road / Campbell Station
- Hardin Valley
- Karns
- Powell
If you are considering Selling your Knoxville area home Christine McInerney and Jennifer Halinkowski with Keller Williams Realty Knoxville TN will gladly provide you with a Free Comparative Market Analysis (CMA) as well as subdivision and area specific market data.
Instantly search all properties for sale in the Knoxville TN and surrounding areas now!
www.HomesForSaleKnoxville.com
Visit Christine McInerney and Jennifer Halinkowski with Keller Williams Realty on-line at:
www.HomesForSaleKnoxville.com and www.KnoxvilleReal-Estate.com
Office: (865) 694-5904
Christine (865) 237-5289 and Jennifer (865) 621-3658
Mail to: McIn-Kowski@HomesForSaleKnoxville.com
Instantly Search For All Knoxville, TN Homes , Condos , and land For Sale!!
Christine McInerney and Jennifer Halinkowski - Knoxville TN Real Estate - Keller Williams Realty Knoxville Copyright © 2009
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0 comments • Christine McInerney & Jennifer Halinkowski, Green, EcoBroker, e-Pro • June 30 2009 09:45PMMoney may not Grow on Trees, but Outdoor Living Spaces Sure Can Make Your Home's Value Bloom!
The housing market is amidst a revolution and some homeowners are now shying away from the high dollar interior components such as granite, expensive fixtures, and designer flooring and focusing more on expanding their outdoor living space. This upgrade not only is less expensive than adding on a traditional room, but it can also greatly enhance the curb appeal of a home and provides a continuum between the home and yard. No longer are the home and yard two separate entities as the proper outdoor living space can allow you to bring the outside in and the inside out allowing home owners to get the utmost enjoyment out of their homes and land.
Porches have been a long favorite, especially of Southern design. Perhaps the most impressive is the wrap-around porch- while the design is simplest, the functionally, elegance, and curb appeal is second to none. A classic example can be seen in this home shown below http://www.5909braelinn.com/ currently listed for $244,875 in Fountain City, a sub-area of Knoxville, TN, located just 10 minutes from downtown Knoxville but appears to be just out of the book "Gone with the Wind".
Screened in porches are also another great way to enjoy the great outdoors with the annoying interference of our 6 and 8 legged friends (or in the case of some, foes).
Outdoor Living Space does not have to be a physical structure, perhaps it is a relaxing and majestic hide-away perfect for reading a good book, or writing poems in a relaxing Zen-like rose garden like this listing of mine at www.12115CouchMill.com for $739,875 (includes 6 acres (horses allowed) and an appointed home).
This particular (names Grey Havens by the current owners) is designed off the Southern Living Building Plans "Porches with a flair" and boast, not one, not two, but three covered porches all surrounded by beautiful landscaping which provides ultimate privacy and beautiful landscape. See more at www.12115CouchMill.com.
So why is Outdoor Living Space Important? Well, it is no secret that outdoor living spaces look nice, but they also provide the ideal place to relax and get in touch with nature (even if it is via a semi-permeable screen) and 89% of homeowners said that the reason that they added onto a home was to have a room or place to relax. Due to the lower building costs PLUS inclusion of your entire property (not just the inside) outdoor living space have a high return of value, porches, decks, and screened in porches have been know to return profit almost dollar to dollar (85%-100% return-project dependent).
Christine McInerney and Jennifer Halinkowski - Knoxville TN Real Estate - Keller Williams Realty Knoxville Copyright © 2009
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8 comments • Christine McInerney & Jennifer Halinkowski, Green, EcoBroker, e-Pro • March 15 2009 07:28PMContent © 2009 'Frequent Contributors'. Design © 2009 ActiveRain Corp.
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