2 Bedroom Homes for Sale in Crossville, TN

2 Bedroom Homes for Sale in Crossville, TN May 19, 2024
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Introduction to Crossville, TN: A Great Place for Home Buyers

Welcome to Crossville, Tennessee, a gem nestled on the Cumberland Plateau. Known as the "Golf Capital of Tennessee," this charming city is more than just a haven for golf enthusiasts; it's a vibrant community with a population of about 11,500 residents. Crossville offers a unique blend of rural beauty and modern convenience, making it an attractive location for home buyers looking for peace without sacrificing accessibility.

Crossville 2 bedrooms Home

The real estate market in Crossville is thriving, thanks in part to its appealing small-town atmosphere combined with relatively low living costs. The average price for a home in Crossville stands around $200,000, which is quite reasonable compared to the national average. This makes Crossville an ideal spot for individuals, couples, and small families looking to put down roots in a community-centric town.

Why Choose a 2 Bedroom Home in Crossville?

Cost-Effectiveness and Practicality

Opting for a 2-bedroom home in Crossville offers a perfect balance between affordability and space. Whether you are a young professional looking to buy your first home, a small family needing just the right amount of space, or retirees seeking a comfortable and manageable living area, a 2-bedroom home here meets a wide range of needs. Prices for 2-bedroom homes in Crossville typically range from $150,000 to $250,000, depending on location and property features.

Demographic Versatility

These homes cater to a diverse demographic. For retirees, the low maintenance and smaller size mean less hassle and more time to enjoy life. For young couples, it's an opportunity to own a home without the hefty financial burden often seen in larger urban centers. The versatility of 2-bedroom homes also makes them excellent rental properties, providing an additional income stream for investors or a stepping stone for first-time home buyers.

Market Trends for 2 Bedroom Homes in Crossville

Recent Sales Trends and Prices

In recent years, Crossville has seen a consistent increase in demand for 2-bedroom homes. The average sales price for these homes has risen by approximately 5% over the past year, with the current average sitting around $175,000. The market demand reflects a robust interest in smaller, more affordable housing options, particularly among first-time home buyers and downsizers. With an average of 45 days on the market, these homes sell fairly quickly, indicating a healthy real estate sector.

Crossville 2 bedrooms Homes

Supply and Demand Dynamics

The supply of 2-bedroom homes in Crossville typically fluctuates with the seasons, peaking in the spring and summer months. However, the overall months of supply have decreased from 3.6 months to 2.8 months over the past year, suggesting a tightening market where buyers may face increased competition and potentially higher prices in the near future.

Property Types and Architectural Styles Available

Variety of Property Types

Crossville offers a variety of 2-bedroom home types, including single-family homes, townhouses, and condominiums. Single-family homes are the most common, often featuring spacious yards and quiet neighborhood settings. Townhouses and condos, on the other hand, are perfect for those seeking less maintenance and closer proximity to the city's center.

Architectural Styles and Features

The architectural styles of 2-bedroom homes in Crossville vary widely, from traditional ranch designs to more contemporary styles. Many homes feature brick or stone exteriors, hardwood floors, and open-plan living areas. Upgrades such as energy-efficient appliances, granite countertops, and hardwood flooring are common, adding to the appeal and functionality of these homes.

Average Prices and Property Sizes

Cost Details for 2 Bedroom Homes

The average sales price for 2-bedroom homes in Crossville currently stands at approximately $175,000, with prices ranging from $130,000 for older or smaller properties to $220,000 for homes that are newly built or have premium upgrades. This price range makes 2-bedroom homes an attractive option for a variety of budgets, particularly for first-time buyers and small families looking for value and comfort.

Crossville TN 2 bedrooms Homes

Sizes and Layouts of Homes

Typical 2-bedroom homes in Crossville range in size from 900 to 1,200 square feet. These homes often include one or two bathrooms, a modest-sized living area, and a kitchen that blends functionality with modern design. The layout of these homes is designed to maximize living space without compromising on comfort, making them ideal for those who appreciate a cozy yet efficient living environment.

Key Amenities and Upgrades in Local 2 Bedroom Homes

Popular Home Features

Many 2-bedroom homes in Crossville come equipped with a range of desirable features. Common upgrades include stainless steel appliances, granite countertops, and energy-efficient windows. Some homes also offer hardwood floors, modern lighting fixtures, and landscaped gardens, which add to the aesthetic appeal and functionality of the property.

Amenities Impacting Market Value

Additional amenities such as attached garages, private patios, or community swimming pools significantly enhance the appeal of these homes and can increase their market value. The presence of these amenities makes these homes particularly popular among buyers looking for more than just a basic living space, offering a blend of comfort and convenience that stands out in the market.

Insights into the Age and Condition of Homes

Variability in Home Ages

2-bedroom homes in Crossville present a diverse age range, offering options from newly constructed homes to those built several decades ago. The older homes, typically constructed in the 1980s and 1990s, might require some updates and maintenance, providing a good opportunity for buyers looking to customize their space. New constructions are also available, featuring modern designs and built with the latest standards in energy efficiency and comfort.

Considerations for Older vs. Newer Homes

When considering older homes, potential buyers should be aware of the need for possible renovations, which can include updating plumbing, electrical systems, and roofing. However, these homes often come at a lower purchase price, allowing for budget allocation towards customization. Newer homes, while more expensive upfront, offer the benefit of minimal maintenance in the first few years and often come with warranties that provide peace of mind.

Local Schools and Community Features

Education Options Nearby

Crossville is home to several well-regarded schools, making it a desirable location for families. Elementary schools such as Brown Elementary offer strong educational programs, while Cumberland County High School is known for its comprehensive curriculum and extracurricular activities. These educational institutions contribute to the community's appeal, providing excellent learning opportunities close to home.

Community Amenities and Lifestyle

The community features in Crossville enhance its attractiveness as a place to live. The city boasts numerous parks, such as Centennial Park, which offers walking trails, playgrounds, and picnic areas. The local community center and public library are hubs of activity, providing programs and services that enrich the lives of residents. Additionally, shopping centers and restaurants are conveniently located, offering a variety of options for dining and leisure.

Tax Information and Additional Homeownership Costs

Cumberland County Tax Details

In Crossville, property taxes are a significant consideration for homeowners. The average property tax rate in Cumberland County is about 0.74% of the property's assessed value. For a home valued at $175,000, this translates to approximately $1,295 annually. These competitive tax rates are appealing to buyers looking for affordable long-term homeownership.

Additional Costs of Homeownership

Beyond the purchase price and taxes, potential homeowners should also budget for other costs. This includes home insurance, which averages around $800 annually in this region, and utilities, which can vary but average about $200 monthly for a typical 2-bedroom home. Being aware of these additional expenses is crucial for budgeting effectively and avoiding surprises.

Exploring Nearby Communities and Their Appeal

Benefits of Neighboring Communities

Exploring homes in nearby communities like Fairfield Glade and Lake Tansi can offer additional options for potential buyers. Fairfield Glade features resort-style amenities including golf courses and lakefront properties, often attracting active retirees and vacation home buyers. Lake Tansi offers a more laid-back atmosphere with access to water activities and nature trails, perfect for families and outdoor enthusiasts.

Comparing Communities

While homes in Fairfield Glade might range higher in price, starting around $250,000, they also come with enhanced community amenities. In contrast, Lake Tansi provides more budget-friendly options, with homes starting at around $150,000. Choosing between these communities will depend on one’s lifestyle preferences and financial priorities.

In summary, Crossville, TN offers a diverse range of 2-bedroom homes that cater to various buyer needs, from retirees to small families. With a blend of affordability, community amenities, and attractive nearby options, Crossville and its surrounding areas present a compelling choice for homeowners. Whether you're drawn by the educational opportunities, the community lifestyle, or the cost-effective living, Crossville has something to offer everyone.