The true property market continues to do properly in Rutherford County and all through Center Tennessee, however consumers paying $30k, $40k and even $75,000 over an asking worth are slowly ending… That was David Estes with Parks Realty in Smyrna. Estes instructed WGNS NEWS the common worth of properties that bought this previous Might had been bought for over $200 per sq. foot…
A rising concern of householders offers with homes of their subdivision being became rental properties. The fear is commonly tied to a concern of tenants not sustaining a rental unit the identical approach the proprietor of a home would keep their very own property. Estes confirmed there was a spike in funding firms shopping for homes…
WGNS checked out current actual property transactions and located one Murfreesboro residence that bought for $465-thousand in 2017, bought for $1-million on June 15, 2022 (3,196 sq. ft.). A Smyrna home that closed at $600-thousand on Wednesday, beforehand bought for $347-thousand in 2017 (2,828 sq. ft.). One other single household residence that bought for $585-thousand this week, was bought in 2012 for $250-thousand (2,320 sq. ft.). A 900-square foot residence that was listed at $259-thousand bought for $290-thousand on Tuesday. The identical residence was bought simply 5-months prior for $215-thousand. $390-Thousand was the closing worth of a Smyrna residence on Tuesday, that was beforehand bought for $145-thousand in 2015 (1,736 sq. ft.). $422-Thousand was the closing worth of one other Murfreesboro residence on Monday, that was initially listed at $449-thousand. That very same residence was beforehand bought for $272-thousand in 2015 (2,542 sq. ft.).
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