Brookstone, Cookeville, TN Homes for Sale

Brookstone, Cookeville, TN Homes for Sale March 1, 2024
23
Listed
100
Avg. DOM
$196.40
Avg. $ / Sq.Ft.
$440,000
Med. List Price
23 Properties
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Introduction to Brookstone, Cookeville, TN

Welcome to Brookstone, a charming neighborhood nestled in the heart of Cookeville, TN. Known for its warm community and scenic beauty, Brookstone offers a perfect blend of suburban tranquility and convenient access to the city's amenities. With its tree-lined streets and friendly atmosphere, it's no wonder families and professionals alike are drawn to this area.

Brookstone Homes

Why Choose Brookstone?

Brookstone stands out for its unique combination of modern living and a touch of nature. The area is surrounded by lush greenery, providing residents with a peaceful environment. Yet, it's just a stone's throw away from downtown Cookeville, where you'll find a plethora of shops, restaurants, and entertainment options. The neighborhood also boasts a variety of architectural styles, from contemporary designs to more traditional homes, catering to diverse tastes and preferences.

Recent Home Sales in Brookstone

The Brookstone real estate market has been active, reflecting the growing interest in this coveted neighborhood. Recently, homes in Brookstone have been selling at competitive prices, indicative of the area's desirability.

Market Trends and Sales Data

Let's dive into some recent sales data to get a feel for the market. For example, a home recently sold for $325,000 in January 2024. This property, like many in Brookstone, featured 3 bedrooms and 2 bathrooms, encompassing approximately 1,630 square feet. Another home sold for $280,000 in January 2024, offering a slightly smaller footprint of 1,308 square feet. These sales highlight the neighborhood's diverse range of options, catering to various lifestyles and budgets.

Understanding the Pricing

The average price per square foot in Brookstone is around $195 to $215, a figure that underscores the value offered in this area. Whether you're looking for a spacious family home or a cozy, low-maintenance property, Brookstone's real estate market has something to fit your needs. With its strong community feel, beautiful surroundings, and proximity to essential amenities, Brookstone is more than just a place to live – it's a place to thrive.

Home Specifications and Features in Brookstone

In Brookstone, homes are as diverse as they are appealing. A typical home in this neighborhood boasts around 1,630 to 2,250 square feet of living space, offering ample room for families, couples, or singles. These homes generally feature 3 to 4 bedrooms and 2 to 2.5 bathrooms, accommodating a variety of living situations.

Brookstone Homes

Architectural Styles and Construction Quality

The architectural styles in Brookstone range from modern contemporary to traditional designs. Many homes have been constructed within the last decade, ensuring modern amenities and energy-efficient features. Quality craftsmanship is evident in the detailed finishes, and many properties include upgrades such as hardwood floors, granite countertops, and stainless steel appliances.

Property Sizes and Outdoor Amenities

Properties in Brookstone are known for their generous lot sizes, providing residents with private outdoor spaces perfect for gardening, entertaining, or simply relaxing. These homes often come with attractive landscaping, decks, or patios, enhancing the outdoor living experience.

Price Analysis of Brookstone Homes

The Brookstone neighborhood offers competitive pricing that provides real value for homebuyers. Let's break down the numbers to understand what makes these homes a great investment.

Average Prices and Market Comparison

Homes in Brookstone are currently selling at an average of $195 to $215 per square foot. This pricing is a reflection of the quality, size, and features of the homes in this area. When compared to nearby communities, Brookstone homes offer a competitive edge with their modern amenities and spacious designs.

Long-Term Value and Investment Potential

Investing in a Brookstone property is not just about buying a house; it's about securing a home that promises long-term value. With the neighborhood's growing popularity and the ongoing development in Cookeville, TN, homeowners can look forward to a solid investment that grows over time.

Local Amenities and Lifestyle in Brookstone

Brookstone is not just about beautiful homes; it's about a lifestyle. The neighborhood is conveniently located, ensuring residents enjoy both peace and accessibility. With parks, shopping, and dining options nearby, there's always something to do.

Brookstone Homes

Community and Recreation

Outdoor enthusiasts will love the easy access to parks and recreational areas. Whether it's a weekend picnic, a morning jog, or a leisurely evening walk, the natural surroundings provide a perfect backdrop. The community vibe here is strong, with neighbors often gathering for block parties, garage sales, and holiday celebrations.

Shopping and Dining

For those who love to shop and dine, Brookstone is just a short drive from Cookeville's bustling commercial areas. Here, you'll find a range of shopping centers, local boutiques, and restaurants serving delicious cuisine that cater to all tastes and preferences.

Educational Opportunities in Brookstone

Education is a top priority for many families in Brookstone. The neighborhood is served by the Putnam County School District, known for its commitment to providing quality education.

Schools Serving Brookstone

Younger residents typically attend Park View Elementary School, known for its engaging learning environment. Middle schoolers go to Prescott South Middle School, which offers a diverse curriculum and various extracurricular activities. For high school, students attend Cookeville High School, recognized for its academic excellence and wide range of sports and arts programs.

Community Involvement in Education

The community's involvement in local schools is evident. Parents and local businesses often support school events and programs, fostering a strong partnership that benefits students' overall development and learning experience.

Brookstone’s Real Estate Market Health

Brookstone's real estate market is vibrant and robust, showcasing a healthy balance of demand and supply. This stability makes it an attractive option for both buyers and sellers.

Homes Sales and Market Dynamics

In recent times, homes in Brookstone have been seen to go pending in about 67 days on average. This indicates a steady demand, with properties selling in a reasonable timeframe. The neighborhood's appeal is reflected in these figures, suggesting a healthy and active market.

Rental Market Overview

For those considering investment properties, the rental market in Brookstone is equally promising. The estimated monthly rental earnings for a typical home in the area stand at around $1,759, demonstrating the potential for a solid return on investment.

Homeownership Costs in Brookstone

Owning a home in Brookstone comes with various costs, but they are well-aligned with the value and quality of life the neighborhood offers.

Breakdown of Monthly Costs

On average, the monthly cost of homeownership in Brookstone includes a mortgage payment of approximately $822, property taxes around $180, and homeowners insurance estimated at $101. These figures provide a clear picture of the financial commitment involved in owning a home in this desirable community.

Long-Term Financial Planning

Understanding these costs is crucial for long-term financial planning. With the average interest rate for a 30-year fixed mortgage around 3.5%, prospective buyers can make informed decisions about their investments in Brookstone.

Environmental and Climate Considerations for Brookstone

Brookstone is blessed with a favorable climate, but it's important for homeowners to be aware of environmental factors. The neighborhood has minimal flood risk and minor fire and air quality risks, ensuring a safe living environment.

Climate Impact on Lifestyle

Residents enjoy a climate with moderate temperatures most of the year. Summers can be warm, with a few days expected above 104°, which is something to consider when planning home cooling solutions.

Natural Disaster Preparedness

While the risks of natural disasters like strong winds are moderate, it's always wise for homeowners to be prepared. This includes understanding insurance coverage and having a plan for any unexpected events.

Future Outlook for Brookstone Real Estate

The future looks bright for Brookstone's real estate market. With its strong community, quality homes, and robust market dynamics, the neighborhood is poised for continued growth and desirability.

Investing in Brookstone

Brookstone represents a smart investment choice. The neighborhood's popularity and the ongoing development in Cookeville suggest a positive trajectory for property values in the coming years.

In summary, Brookstone in Cookeville, TN, is more than just a neighborhood; it's a vibrant community offering quality homes, a range of amenities, excellent educational opportunities, and a promising real estate market. Whether you're looking for a family home or an investment property, Brookstone offers a unique blend of value, comfort, and potential for growth, making it a top choice for homebuyers and investors alike.