Cabot Lane, Cookeville, TN Homes for Sale

Cabot Lane, Cookeville, TN Homes for Sale March 1, 2024
23
Listed
115
Avg. DOM
$190.55
Avg. $ / Sq.Ft.
$365,000
Med. List Price
23 Properties
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Cabot Lane, Cookeville, TN: Real Estate Insights

Introduction to Cabot Lane, Cookeville, TN: A Real Estate Overview

Cabot Lane in Cookeville, TN, is a vibrant and growing area, offering a range of housing options for various needs and budgets. Situated within Putnam County, this area is known for its welcoming community and scenic beauty, making it an attractive option for potential homeowners. The real estate market in Cookeville, including Cabot Lane, reflects a dynamic blend of traditional and modern homes, catering to diverse preferences.

Cabot Lane Homes

Analyzing Home Sale Prices in Cabot Lane: A Statistical Snapshot

Recent Sales and Market Trends

Recent sales in the Cookeville area, near Cabot Lane, show a range of prices reflecting the diversity of options available. For instance, a 3-bedroom home on White Road sold for $322,500, with a price of approximately $68 per square foot. This sale illustrates the market's competitive nature, with prices influenced by factors like home size, location, and amenities.

Cookeville's Real Estate Appreciation

Cookeville's real estate market has experienced significant appreciation over the past decade. The city has seen an average annual home appreciation rate of 7.84%, placing it in the top 20% nationally for real estate appreciation. This trend highlights the area's growing demand and the potential for a solid investment in properties like those on Cabot Lane.

Median Home Values

The median home value in Cookeville stands at around $314,767, indicating a healthy and robust housing market. This figure is above the national average, demonstrating the area's desirability and the potential for long-term investment growth.

Housing Types and Preferences

Single-family detached homes are the most common housing type in Cookeville, accounting for over half of the city's housing units. This preference for detached homes aligns with the architectural styles and layouts commonly found on Cabot Lane, offering a mix of traditional and contemporary designs.

Neighborhood and Community Aspects

Cabot Lane and its surrounding areas in Cookeville offer a sense of community and belonging. The neighborhood's proximity to essential amenities and services, combined with its serene environment, makes it a desirable location for families, professionals, and retirees alike.

In conclusion, Cabot Lane in Cookeville, TN, presents a promising opportunity for those looking to invest in or move to the area. With its diverse housing options, appreciating property values, and strong community ties, it stands out as a sought-after destination in the Tennessee real estate market.

Cabot Lane, Cookeville, TN: Architectural and Property Insights

Home Styles and Architectural Designs on Cabot Lane

Diverse Architectural Styles

Cabot Lane in Cookeville, TN, showcases a variety of architectural styles in its residential properties. This diversity ranges from modern new constructions to homes reflecting designs popular in the '70s and '80s. Recent sales indicate a preference for contemporary designs, with properties featuring up-to-date amenities and stylish finishes.

Cabot Lane Homes

Construction and Design Features

Newly constructed homes in the area, such as those on Cabot Lane, often boast spacious layouts, often exceeding 2,000 square feet, and include multiple bedrooms and bathrooms. These homes typically feature modern amenities, reflecting the latest trends in home design.

Understanding Property Sizes and Layouts in Cabot Lane

Average Property Sizes

Homes in Cabot Lane generally offer ample living space. For instance, recent sales in the area include homes around 1,575 to 2,335 square feet, providing comfortable living spaces for families.

Layout Structures and Land Use

Most properties in this area are single-family homes, offering private, well-appointed spaces. These homes often come with additional outdoor areas, offering residents a blend of indoor and outdoor living.

This overview of Cabot Lane's real estate gives potential homeowners and investors insight into the area's architectural styles and property sizes. The neighborhood promises a mix of modern comfort with ample living spaces, making it an attractive option in the Cookeville real estate market.

Cabot Lane, Cookeville, TN: Home Interiors and Neighborhood Dynamics

Exploring Interior Features and Upgrades of Cabot Lane Homes

Modern Interior Amenities

Homes in Cabot Lane, Cookeville, TN, offer modern interior features that cater to contemporary living standards. Most houses come with essential appliances like dishwashers, microwaves, and refrigerators. The flooring in these homes is typically a mix of carpet, tile, and vinyl, providing both comfort and durability.

Cabot Lane Homes

Spacious and Functional Layouts

The homes are designed with spaciousness in mind, featuring large living areas, eat-in kitchens, and comfortable bedrooms. For example, properties such as those at 20 and 21 Cabot Lane provide generous living spaces with room dimensions like 26x14 feet for kitchens and 21x19 feet for living rooms. Bedrooms are also comfortably sized, with features like walk-in closets adding to the functionality of the space.

Neighborhood Dynamics: Community and Lifestyle in Cabot Lane

Community and Connectivity

Cabot Lane in Cookeville offers a community-oriented lifestyle. While the area is car-dependent, it also provides some options for biking. The neighborhood fosters a sense of community, ideal for families and individuals looking for a connected living experience.

Access to Education and Services

The area is served by schools such as Prescott South Elementary, Prescott South Middle School, and Cookeville High School, indicating a strong focus on education. Additionally, residents have access to various utilities and services, enhancing the convenience of living in Cabot Lane.

In conclusion, Cabot Lane presents a blend of modern living comforts with a strong sense of community. The homes are well-equipped with contemporary amenities and are part of a neighborhood that values connectivity and education. This combination makes Cabot Lane an attractive choice for those seeking a balanced lifestyle in Cookeville, TN.

Cabot Lane, Cookeville, TN: Education and Amenities

Education and Schools in the Vicinity of Cabot Lane

School Ratings and Proximity

Families living in Cabot Lane have access to quality education with schools like Prescott South Elementary, Prescott South Middle School, and Cookeville High School within close proximity. These schools have commendable ratings, reflecting a strong commitment to academic excellence and student development.

Educational Opportunities

The presence of these schools offers a range of educational opportunities, catering to different age groups from pre-kindergarten to high school. The diverse educational programs available ensure that children in Cabot Lane receive a well-rounded education.

Local Amenities and Conveniences Near Cabot Lane

Shopping and Recreation

Cabot Lane residents enjoy access to various local amenities. The area is surrounded by shopping centers, parks, and recreational facilities, providing residents with numerous options for leisure and daily necessities.

Healthcare and Transportation

The neighborhood is also well-served by healthcare facilities and has decent access to public transportation. This combination of amenities contributes to a convenient and comfortable lifestyle for those residing in Cabot Lane.

In summary, Cabot Lane in Cookeville, TN, not only offers a serene living environment but is also well-supported by a range of educational institutions and local amenities. This blend of educational opportunities and convenient access to everyday needs makes it an ideal location for families and individuals alike.

Cabot Lane, Cookeville, TN: Real Estate Investment and Future Prospects

Cabot Lane's Real Estate Market: An Investor's Perspective

Market Dynamics and Investment Potential

Cookeville's real estate market, including areas like Cabot Lane, is somewhat competitive, reflecting a healthy demand for homes. The average home in Cookeville sells for about 3% below the list price and typically goes pending in around 61 days. Some homes in high-demand areas can sell for around the list price and go pending in as few as 34 days.

Appreciation Rates and Long-Term Investment

Over the past ten years, Cookeville has experienced remarkable home appreciation rates, making it a lucrative spot for long-term real estate investments. The city's real estate has appreciated by 112.63% in the last decade, averaging an annual appreciation rate of 7.84%. This impressive growth puts Cookeville in the top 20% nationally for real estate appreciation.

Future Prospects: Development and Growth in Cabot Lane

Ongoing Developments and Growth Potential

Cabot Lane and the larger Cookeville area are poised for continued growth and development. With a significant proportion of...

In conclusion, Cabot Lane in Cookeville, TN offers a promising real estate market with a blend of vibrant community life, modern amenities, educational opportunities, and substantial investment potential. From the architectural diversity and property size options to the robust school system and local conveniences, this area presents a well-rounded living experience. The strong market dynamics and future growth prospects further enhance its appeal, making it a compelling choice for homebuyers and investors alike.