2 Bedroom Homes for Sale in Estill Springs, TN

2 Bedroom Homes for Sale in Estill Springs, TN May 19, 2024
19
Listed
100
Avg. DOM
$224.15
Avg. $ / Sq.Ft.
$260,000
Med. List Price
19 Properties
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Introduction to Estill Springs, TN Real Estate

Welcome to Estill Springs, a hidden gem nestled in the heart of Tennessee, known for its serene landscapes and vibrant community. This charming town offers a variety of 2-bedroom homes that cater to both first-time homebuyers and those looking to downsize. With a median listing price hovering around $250,000, Estill Springs presents an attractive market for those seeking affordable living with ample amenities.

Estill Springs 2 bedrooms Home

Why Estill Springs?

Estill Springs is not just about affordable prices; it's about quality of life. The area boasts numerous parks, historical sites, and is only a stone’s throw away from Tims Ford Lake, making it a perfect spot for outdoor enthusiasts. Whether you're drawn to hiking, fishing, or simply enjoying a quiet afternoon by the water, Estill Springs has something to offer. Additionally, its proximity to larger cities like Nashville, only about an hour's drive away, ensures that residents enjoy peaceful living without being too far from urban conveniences.

Current Market Trends for 2-Bedroom Homes

Over the past year, the real estate market in Estill Springs has shown promising growth. The average price for 2-bedroom homes has seen a steady increase, reflecting the growing demand in this idyllic community. As of the latest figures, 2-bedroom homes in Estill Springs typically range from $200,000 to $300,000, depending on factors such as location, property size, and the age of the home.

Home Features and Market Dynamics

Most 2-bedroom homes in Estill Springs offer between 1,200 to 1,500 square feet of living space, making them ideal for small families or retirees. These homes often come with spacious lots, averaging about half an acre, providing ample outdoor space for gardening or entertainment. Architecturally, you'll find a mix of traditional and modern styles, with many homes featuring updates like hardwood floors, stainless steel appliances, and energy-efficient windows. Recent sales data suggests that homes closer to Tims Ford Lake or with upgraded amenities tend to sell quickly, often within 30 to 45 days on the market.

Detailed Look at 2-Bedroom Home Listings

Exploring the specific listings of 2-bedroom homes in Estill Springs reveals a variety of choices for potential homebuyers. These homes typically feature a blend of traditional and contemporary designs, with many properties having undergone recent renovations to appeal to modern tastes.

Estill Springs 2 bedrooms Homes

Spotlight on Featured Listings

One standout listing is a newly renovated 2-bedroom home priced at $220,000, offering 1,400 sq ft of living space. Situated on a 0.75-acre lot, this home features a modern kitchen with granite countertops, stainless steel appliances, and an open-plan living area. Another example includes a quaint, vintage-style home built in the late 1980s, priced at $245,000, nestled on a half-acre lot with mature trees and a renovated interior that preserves its rustic charm.

Architectural Styles and Home Designs

Estill Springs hosts a diverse array of architectural styles, from mid-century modern to classic ranch designs. This variety caters to a wide range of preferences, ensuring that every potential buyer can find something that suits their taste.

Understanding Local Design Elements

The most common architectural style for 2-bedroom homes in the area is the ranch, known for its single-story layout and easy accessibility. These homes often incorporate brick exteriors and large, open porches. Many properties also feature modern upgrades such as energy-efficient fixtures, hardwood flooring, and contemporary bathroom fittings, blending old charm with new conveniences. For those interested in sustainability, several newer listings boast green technologies like solar panels and rainwater collection systems.

Comparative Market Analysis

When considering the purchase of a 2-bedroom home in Estill Springs, it's useful to look at how these properties compare to similar homes in nearby areas. For instance, the average price for a 2-bedroom home in Estill Springs tends to be about 10% lower than in neighboring Tullahoma, where the average is around $275,000.

Estill Springs TN 2 bedrooms Homes

Price Trends and Predictions

Current data shows that the price per square foot for 2-bedroom homes in Estill Springs is approximately $150, which is competitive compared to the $165 per square foot in Winchester. This makes Estill Springs an attractive option for buyers looking for value. Over the past year, the market has seen a steady increase in prices, suggesting a positive trend for future home values in the region.

Property Upgrades and Amenities

Properties in Estill Springs often come with appealing features and upgrades that can significantly enhance their value. A typical 2-bedroom home might include hardwood floors, modern appliances, and energy-efficient windows, which are big selling points.

Popular Home Improvements

Many homeowners have invested in remodeling projects that add both aesthetic value and practicality. Kitchen renovations are popular, often involving the installation of granite countertops and stainless steel appliances. Bathrooms are another common upgrade area, with many opting for walk-in showers and eco-friendly fixtures. Additionally, outdoor spaces are frequently enhanced with professional landscaping, decks, and patios, ideal for enjoying Tennessee's beautiful weather.

Local Attractions and Lifestyle

Estill Springs is not only about comfortable living but also about enjoying a lifestyle that brings together the best of both nature and community. Located near the picturesque Tims Ford Lake, the area is perfect for those who love the outdoors. Fishing, boating, and hiking are just a few of the activities available, making it a haven for nature enthusiasts.

Community and Recreation

The community in Estill Springs is vibrant and welcoming, with numerous local events such as the annual Fire on the Water festival, which celebrates the town’s rich history and stunning natural surroundings. The local parks and recreation centers offer activities that cater to all ages, ensuring that every family member finds something to enjoy.

Schools and Education

For families considering moving to Estill Springs, the local education system is an important factor. The area is served by Franklin County Schools, which includes Estill Springs Elementary, known for its dedicated teachers and a strong emphasis on literacy and mathematics. Middle and high school students typically attend schools in nearby communities, which are within a 15-minute drive.

Educational Performance and Facilities

Local schools boast smaller class sizes and a variety of extracurricular activities, which contribute to a well-rounded education. Recent upgrades to school facilities include new computer labs and sports fields, enhancing both academic and athletic opportunities for students. These educational benefits make Estill Springs an attractive option for families looking to settle in a community that values education and personal development.

Investment Potential of 2-Bedroom Homes

The investment potential for 2-bedroom homes in Estill Springs is promising, particularly for those looking to enter the rental market. With a growing demand for rental properties in the area, investors can expect a steady rental income. The average rental rate for 2-bedroom homes in Estill Springs currently stands at approximately $1,200 per month, which provides a solid return on investment considering the average home prices.

Future Rental Market Trends

Future projections indicate an increasing demand for small to medium-sized homes in Estill Springs, largely due to demographic shifts and an increasing number of people looking for vacation rentals near Tims Ford Lake. This trend suggests that investing in 2-bedroom homes now could yield significant returns in the coming years.

Future Outlook for Estill Springs Real Estate

The real estate market in Estill Springs is expected to remain robust with potential growth in property values. Economic developments, such as new business openings and infrastructure improvements, are likely to enhance property desirability and, consequently, prices. The strategic location near major highways and cities like Nashville also continues to attract a steady flow of interest from both homebuyers and investors.

Anticipated Developments

Looking ahead, the area is slated for several developments including community enhancements like park upgrades and new shopping centers, which will likely boost residential appeal and property values. The ongoing interest in suburban and semi-rural living, accelerated by shifts in work habits, further supports a positive long-term outlook for the Estill Springs housing market.

In summary, Estill Springs offers a variety of 2-bedroom homes that cater to different tastes and budgets, featuring everything from modern amenities to rich, local culture and a strong sense of community. With competitive prices, a robust local economy, and a beautiful setting, Estill Springs is a promising place for both new home buyers and seasoned investors. Whether you're looking to buy your first home, downsize, or invest, Estill Springs provides valuable opportunities in the heart of Tennessee.