3 Bedroom Homes for Sale in Belvidere, TN

3 Bedroom Homes for Sale in Belvidere, TN April 18, 2024
34
Listed
79
Avg. DOM
$198.26
Avg. $ / Sq.Ft.
$322,500
Med. List Price
34 Properties
Page 1 of 3

Introduction to the Belvidere, TN Real Estate Market

Welcome to Belvidere, TN—a hidden gem in the real estate world where the charm of small-town living meets affordability. Over the past year, the real estate market here has seen an interesting fluctuation, with the average price for a 3-bedroom home settling at around $250,000. This is a modest increase from the previous year, indicative of Belvidere’s growing popularity among homebuyers looking for spacious, yet affordable living options.

Belvidere 3 bedrooms Home

These homes, typically ranging in size from 1,200 to 1,800 square feet, often feature traditional and craftsman architectural styles. The majority of the houses on the market are on average 15 to 20 years old, offering mature landscapes with modernized interiors. Whether you’re a first-time homebuyer or looking to relocate, Belvidere offers a range of options that cater to a variety of preferences and budgets.

What Makes Belvidere, TN Attractive to Home Buyers?

Community and Location

Belvidere is not just about affordable housing options; its location is a significant draw for many. Nestled just 90 minutes from Nashville and under an hour from Chattanooga, it offers a quiet lifestyle with easy access to big city amenities. The community here is tight-knit and friendly, making it an ideal place for families and retirees alike.

Local Amenities and Attractions

Aside from its prime location, Belvidere boasts a variety of local amenities that enhance its appeal. The town is home to several well-maintained parks, local eateries that feature homestyle cooking, and unique small businesses that add to the local charm. For outdoor enthusiasts, the nearby Elk River offers excellent fishing, kayaking, and canoeing opportunities.

Furthermore, the local school system is a strong selling point. Schools such as Belvidere Elementary enjoy good reputations, and Franklin County High School is known for its robust extracurricular programs, including sports, music, and arts, which are crucial for comprehensive childhood development.

Understanding the Types of 3 Bedroom Homes Available in Belvidere

In Belvidere, TN, the 3-bedroom homes come in a delightful variety of styles and sizes, catering to a wide range of preferences and needs. You’ll find everything from charming Craftsman bungalows to spacious Colonial-style homes. The majority of these homes range from 1,500 to 2,000 square feet, providing ample space for families, couples, or anyone needing an extra room or two for offices or guests.

Belvidere 3 bedrooms Homes

These homes are not only varied in style but also in age. New developments are popping up, but there are plenty of established homes, typically 10 to 30 years old. Many older homes have been updated with modern amenities such as stainless steel appliances and granite countertops, blending historical charm with contemporary convenience.

Average Prices for 3 Bedroom Homes in Belvidere

Current Market Prices

As of the latest data, the average selling price for a 3-bedroom home in Belvidere hovers around $230,000, though listings can range from $180,000 for cozy, older homes to over $300,000 for newly built or extensively renovated properties. This price variability ensures that there are options available for various budgets and investment levels.

Price Trends and Neighborhood Comparisons

Over the past decade, Belvidere has seen a gradual increase in home prices, reflecting the area’s growing appeal and the overall national trend in real estate. Homes in neighborhoods like Oak Hill and River Run typically sell at a premium due to their newer constructions and larger lot sizes, averaging around $275,000. In contrast, areas such as Elmwood and Pine Grove offer more affordable choices, with average prices around $210,000, appealing to first-time homebuyers or those looking for budget-friendly options.

Spotlight on Popular Neighborhoods in Belvidere

Oak Hill – The Premier Choice

Oak Hill is renowned for its spacious newer homes, typically ranging from 2,000 to 2,500 square feet. This neighborhood is a hit among families looking for a bit more room and luxury, with homes averaging around $275,000. Its proximity to top-rated schools like Belvidere Elementary and the local high school, plus a variety of parks and recreational areas, add to its appeal.

Belvidere TN 3 bedrooms Homes

River Run – Scenic and Serene

If you're looking for picturesque views and quiet streets, River Run is the place. Here, homes average 1,800 to 2,200 square feet and are priced around $250,000. The area is perfect for those who enjoy outdoor activities as it’s close to the Elk River, known for its excellent fishing spots.

Elmwood and Pine Grove – Budget-Friendly Options

For those on a tighter budget, Elmwood and Pine Grove offer great value. Homes in these areas range from 1,200 to 1,600 square feet and are generally older, priced between $180,000 and $220,000. These neighborhoods are ideal for first-time homebuyers or investors looking for affordable housing options without sacrificing community feel.

Key Features and Amenities in 3 Bedroom Homes

Interior and Exterior Features

Most 3-bedroom homes in Belvidere boast a variety of attractive features. Internally, you can expect to find open floor plans, hardwood floors, and modern kitchens with updated appliances. Externally, homes often include attached garages, well-maintained yards, and, in some cases, backyard decks or patios perfect for entertaining.

Luxury Upgrades and Sustainability

In neighborhoods like Oak Hill and River Run, it’s not uncommon to see homes with advanced upgrades like smart home technology and energy-efficient systems. These features not only improve home comfort but also contribute to lower utility bills, appealing to environmentally conscious buyers. Solar panels and energy-efficient windows are becoming more popular, reflecting Belvidere's commitment to sustainability.

Local Schools and Education Resources Near 3 Bedroom Homes

Education is a top priority for many families in Belvidere, and the local schools reflect this commitment. Belvidere Elementary is known for its excellent student-to-teacher ratio and strong emphasis on STEM education, helping prepare children for the future. Franklin County High School offers a wide range of extracurricular activities from sports to arts, enhancing the educational experience and providing students with a well-rounded schooling.

These schools not only contribute to the development of local kids but also to the community's appeal, potentially increasing home values in the area. Families often look to settle in places that promise a good education for their children, making neighborhoods like Oak Hill and River Run particularly popular among home buyers.

Property Sizes and Lot Dimensions for 3 Bedroom Homes

Average Lot Sizes

In Belvidere, lot sizes for 3-bedroom homes can vary widely depending on the neighborhood. Generally, properties range from about 0.5 to over 1 acre, offering plenty of outdoor space for families to enjoy. In more densely populated areas like Pine Grove, lot sizes might be smaller, around 0.25 acres, which is typical for the more budget-friendly market segments.

Zoning Regulations and Property Use

Zoning regulations in Belvidere are designed to maintain the town's rural charm while accommodating growth. These rules affect everything from property size to permissible types of construction, ensuring that even as new homes are built, they adhere to a style and standard that keeps the community looking cohesive and well-planned. For instance, certain areas are zoned specifically for residential use, prohibiting commercial developments and keeping neighborhoods quiet and family-friendly.

Understanding these regulations can be crucial for home buyers and builders alike, as they dictate what can and cannot be done with a property. Whether you’re looking to build a new home or modify an existing one, it’s important to be aware of these guidelines to ensure that your home improvement projects are in compliance with local laws.

Tax Implications and Annual Costs Associated with Owning a Home in Belvidere

County Tax Information

When considering a move to Belvidere, it's important to factor in the local tax rates. Franklin County offers relatively moderate property tax rates at approximately 0.74% of the home's assessed value, which is competitive compared to neighboring counties. For a home valued at $250,000, this translates to annual property taxes of around $1,850.

Annual Maintenance and HOA Fees

Annual maintenance costs for homes in Belvidere can vary, but on average, homeowners might expect to spend about 1% of the home's value each year on upkeep. This includes lawn care, minor repairs, and other regular maintenance tasks. In neighborhoods with homeowners associations (HOAs), fees can range from $200 to $400 annually, covering community amenities such as common area maintenance and facility upkeep.

Future Outlook for the 3 Bedroom Home Market in Belvidere

The real estate market in Belvidere is poised for growth. With its attractive features and community-focused amenities, experts predict a steady increase in home values over the next five years. Factors like the continued development of local infrastructure and the influx of new businesses to the area are expected to drive this growth, making now a promising time to invest in a home here.

For prospective homebuyers, this means that a purchase today could be a wise investment for the future. Whether you're looking for a family home or an investment property, Belvidere offers a range of options that are likely to appreciate in value, supported by a strong local economy and an ever-improving community landscape.

Summary

This guide has walked you through the essential aspects of buying a 3-bedroom home in Belvidere, TN. From the types of homes available and their prices to the local schools and zoning laws, we've covered what you need to know to make an informed decision. We also explored the tax implications and the promising future outlook of the real estate market here. Belvidere offers a welcoming community with diverse housing options and excellent amenities, making it a great place to call home.