3 Bedroom Homes for Sale in Cumberland Furnace, TN

3 Bedroom Homes for Sale in Cumberland Furnace, TN May 19, 2024
10
Listed
80
Avg. DOM
$258.23
Avg. $ / Sq.Ft.
$352,500
Med. List Price
10 Properties

Introduction: Why Consider 3 Bedroom Homes in Cumberland Furnace, TN?

Cumberland Furnace, a quaint community nestled in Dickson County, Tennessee, offers a unique blend of rural charm and suburban convenience. This area is particularly appealing for those seeking a peaceful lifestyle away from the hustle of the city but still within reach of necessary amenities. Three-bedroom homes in Cumberland Furnace are ideal for a wide range of buyers, from growing families needing extra space to retirees looking for a comfortable, manageable living space. The local real estate market is diverse, offering everything from newly constructed homes to charming historic properties, all surrounded by the natural beauty of Middle Tennessee.

Cumberland Furnace 3 bedrooms Home

Benefits of Living in Cumberland Furnace

Living in Cumberland Furnace means enjoying spacious properties at prices that are often more affordable than those found in larger nearby cities like Nashville or Clarksville. The average price of a 3-bedroom home in this area hovers around $250,000, providing substantial value with most properties featuring large yards, private settings, and ample room for outdoor activities. The community’s proximity to natural landmarks like Montgomery Bell State Park also adds to its allure, offering easy access to outdoor recreation such as hiking, biking, and fishing.

Market Overview: Trends in the Cumberland Furnace Real Estate

The real estate market in Cumberland Furnace has seen steady growth over the past few years, making it a promising area for potential homeowners and investors alike. As of the latest figures, the average listing price for homes has increased by approximately 5% from the previous year, with 3-bedroom homes remaining particularly popular among buyers.

Current Market Conditions

The demand for residential properties in Cumberland Furnace has maintained a steady pace, with most 3-bedroom homes selling within 60 days on the market. These homes average around 1,800 square feet of living space and typically come with about an acre of land, offering plenty of privacy and room for expansion. The architectural styles range from modern farmhouses with open floor plans and energy-efficient features to traditional single-story ranch homes that blend seamlessly with the serene landscape.

Historical Price Trends

Looking back over the last five years, the appreciation rate of properties in Cumberland Furnace has consistently outpaced many other regions in Tennessee. This growth is supported by a strong local economy and a low unemployment rate, which is below the national average. Such economic stability encourages both local residents and those from out-of-state to invest in the housing market here, ensuring a vibrant community and a solid real estate investment.

Comparative Analysis: Cumberland Furnace vs. Nearby Areas

When considering a move to Cumberland Furnace, it's helpful to compare it with neighboring communities such as Dickson, Burns, and Charlotte. Each area offers its unique advantages, but Cumberland Furnace stands out for its affordability and serene environment. For instance, the average price for a 3-bedroom home in Cumberland Furnace is around $250,000, which is less than you might pay in Dickson, where similar properties often reach $280,000 or more.

Cumberland Furnace 3 bedrooms Homes

Cost Comparison

The cost of living in Cumberland Furnace is approximately 5% lower than in Dickson and about 10% lower than in Nashville, making it a more affordable option for many families. Additionally, the property taxes in Cumberland Furnace are notably reasonable, with average annual property taxes for a three-bedroom home around $1,200, compared to $1,500 in Dickson and even higher in more urban areas.

Pros and Cons of Living in Cumberland Furnace

Residents of Cumberland Furnace enjoy a close-knit community feel, which is a significant draw for those looking for a more personal connection with their neighbors. On the downside, the area offers fewer commercial and entertainment options compared to larger cities. However, for many, the peace and lower cost of living are well worth the trade-off.

Architectural Styles and Home Designs in Cumberland Furnace

Cumberland Furnace showcases a variety of architectural styles that cater to a wide range of tastes and preferences. The area is predominantly known for its modern farmhouse and traditional ranch styles, which are popular among families looking for a classic American home with modern touches.

Common Architectural Features

Modern farmhouses in the area often feature spacious open floor plans, large windows for ample natural light, and updated kitchens with energy-efficient appliances. These homes typically sit on generous plots of land, providing plenty of outdoor space for gardens and recreational activities. Ranch-style homes in Cumberland Furnace are sought after for their single-story design and ease of access, often featuring wide doorways and minimal stairs, making them ideal for retirees or those with limited mobility.

Home Construction and Design Trends

Recent trends in home construction in Cumberland Furnace include the use of sustainable materials and green building practices. Many new homes are built with energy efficiency in mind, utilizing solar panels, energy-efficient windows, and advanced insulation techniques. These features not only reduce the home's carbon footprint but also lower utility costs significantly.

Average Property Sizes and Lot Dimensions

In Cumberland Furnace, the properties boast generous lot sizes that provide residents with ample space for privacy and outdoor activities. The typical lot size for a 3-bedroom home ranges between 0.75 to 1.5 acres, which is quite spacious compared to urban areas where space might be a premium.

Cumberland Furnace TN 3 bedrooms Homes

Space for Living and Growing

The average 3-bedroom home in Cumberland Furnace covers about 1,800 to 2,200 square feet of living space. These homes often come with additional features such as attached garages, outdoor decks, and sometimes even small ponds or garden spaces, making them ideal for families looking for room to grow or for those who appreciate the outdoors.

Comparison with Regional Averages

When compared to the nearby city of Nashville, homes in Cumberland Furnace not only offer more land but also more living space for the price. In Nashville, the average 3-bedroom home might have less land and a higher price tag, emphasizing the value offered in Cumberland Furnace.

Age and Condition of Homes on the Market

The real estate inventory in Cumberland Furnace includes a mix of old and new homes, providing options for every preference and budget. While some homes date back to the early 20th century, there are numerous newly constructed homes that meet modern standards of efficiency and design.

Historic Charm vs. Modern Comfort

Older homes in the area often feature traditional designs and may include unique architectural details such as original hardwood floors, fireplaces, and custom woodwork. These homes typically require some updates, but they offer character and charm that newer constructions can lack.

Renovations and Upgrades

Many of the older homes have been renovated to include modern amenities while preserving their historic appeal. Common upgrades include kitchen remodels, bathroom updates, and the addition of energy-efficient systems. New constructions are equipped with the latest technology, including smart home features, energy-efficient appliances, and modern safety features, appealing to those who prefer a turn-key solution.

Local Amenities and Community Features

Cumberland Furnace might be small, but it's rich in amenities that contribute to a high quality of life. Residents have access to local parks, a variety of shopping options, and community events that foster a strong sense of belonging.

Parks and Recreation

Outdoor enthusiasts will appreciate the proximity to Montgomery Bell State Park, just a short drive away, offering hiking trails, boating, fishing, and picnicking spots. Closer to home, Cumberland Furnace Community Park provides a playground, walking trails, and sports fields.

Shopping and Essentials

For daily necessities, Cumberland Furnace has several convenience stores and local markets. More extensive shopping options are available in nearby Dickson, where residents can find major retailers, boutiques, and a variety of restaurants and cafes.

Education and School District Insights

Families in Cumberland Furnace benefit from access to a school system that is committed to student success. The area is served by the Dickson County School District, known for its dedication to creating a supportive and effective learning environment.

Schools Serving the Community

Children in Cumberland Furnace attend Cumberland Furnace Elementary, which is known for its small class sizes and a close-knit community feel. Older students go to Dickson County High School, which offers a wide range of advanced placement courses and extracurricular activities, from sports to arts and STEM programs.

Educational Performance and Programs

The local schools boast graduation rates above the national average, with many graduates going on to attend universities and colleges throughout Tennessee and beyond. The district also offers several vocational and technical training programs, preparing students for various careers right after high school.

Annual Costs: Taxes and Homeowner Expenses

Understanding the financial implications of owning a home in Cumberland Furnace is crucial for potential buyers. The area offers a relatively low cost of living, which is reflected in the property taxes and utility costs.

Property Taxes and Other Fees

The average property tax for a 3-bedroom home in Cumberland Furnace is around $1,200 per year, significantly lower than the national average. This makes it an attractive option for those looking to maximize their investment without the burden of high ongoing expenses.

Maintenance and Utility Costs

Utility costs in Cumberland Furnace are generally affordable, with average monthly bills for electricity, water, and gas totaling about $150. Home maintenance expenses vary, but homeowners should budget for the typical upkeep associated with the changing seasons, which can include lawn care in the summer and heating system maintenance in the winter.

Living in Cumberland Furnace: Lifestyle and Neighborhood Atmosphere

The lifestyle in Cumberland Furnace is laid-back and community-oriented, marked by frequent community events and a strong sense of neighborliness. It's an ideal place for those who value peace and quiet and a slower pace of life, with the benefit of close-knit community support.

Community Vibe and Events

Throughout the year, Cumberland Furnace hosts a variety of events that bring the community together, from seasonal festivals to local farmers' markets. These events are a great way for residents to connect and strengthen community ties.

Summary of Cumberland Furnace's Real Estate Market

Cumberland Furnace offers a compelling mix of affordable housing, spacious properties, and a welcoming community. Whether you’re looking for a modern home with all the conveniences or a charming historic property, Cumberland Furnace has something to offer. With its low property taxes, reasonable utility costs, and abundance of local amenities, it’s an appealing option for anyone considering a move to a quieter part of Tennessee. The local schools are commendable, with strong educational programs that prepare students for a bright future. Living in Cumberland Furnace means embracing a lifestyle that balances the tranquility of rural living with the benefits of community connectivity.