3 Bedroom Homes for Sale in Estill Springs, TN

3 Bedroom Homes for Sale in Estill Springs, TN May 19, 2024
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Introduction to Estill Springs, TN Real Estate

Estill Springs, a charming town nestled in Franklin County, Tennessee, offers a serene living environment with a picturesque backdrop of natural beauty. The real estate market here is especially appealing for those looking for spacious yet affordable homes. Typically, 3 bedroom homes in Estill Springs range from $150,000 to $300,000, depending on size, location, and amenities. These homes often feature generous lot sizes averaging around 0.5 acres, providing ample outdoor space for families and enthusiasts of gardening or outdoor activities.

Estill Springs 3 bedrooms Home

Market Trends and Insights

The real estate market in Estill Springs has been experiencing steady growth, with a noticeable increase in demand for mid-sized homes. The average price per square foot for these homes is approximately $120, reflecting a stable market conducive to long-term investments. The typical 3 bedroom home in this area spans about 1,800 to 2,200 square feet, often including modern upgrades like energy-efficient appliances and smart home technology.

Recent Sales Trends for 3 Bedroom Homes

Over the past year, the market for 3 bedroom homes in Estill Springs has seen diverse activity, indicating a healthy real estate environment. Sales prices have seen a gradual increase of about 5% year-over-year, with homes staying on the market for an average of 30 to 45 days before selling. This trend underscores a balanced market where both buyers and sellers can find advantageous opportunities.

Comparative Market Analysis

When comparing the sales data from Estill Springs to neighboring areas like Tullahoma and Winchester, Estill Springs often presents more competitively priced options. For instance, similar homes in Tullahoma may list for an average of 10% more than those in Estill Springs, providing tangible savings for those willing to embrace the quieter, more laid-back lifestyle that Estill Springs offers.

Architectural Styles and Home Designs in Estill Springs

In Estill Springs, the architectural landscape is dominated by traditional styles with modern twists. Most 3 bedroom homes exhibit elements of Craftsman, Ranch, or Colonial styles, which are popular among residents for their practicality and aesthetic appeal. These homes typically feature vinyl siding, brick facades, and shingle roofs. Interiors are designed with open floor plans, hardwood floors, and large kitchens with islands, catering to contemporary tastes and functional living.

Estill Springs 3 bedrooms Homes

Detailed Features of Home Interiors

Inside these homes, you'll often find spacious master suites with walk-in closets and en-suite bathrooms equipped with double vanities and garden tubs. The average 3 bedroom home provides approximately 2,000 square feet of living space, designed to optimize comfort and usability. Many homes also include bonus rooms that serve as home offices or media rooms, reflecting the evolving needs of today's homeowners.

Spotlight on New Construction: Features and Availability

New construction in Estill Springs is on the rise, with several developments underway. These new homes are constructed with energy efficiency in mind, featuring the latest in eco-friendly technologies such as solar panels and high-efficiency HVAC systems. The average starting price for a new 3 bedroom home is around $250,000, depending on the specific upgrades and location within the community.

Availability and Popular Upgrades

Newly built homes in Estill Springs often come with customizable options for buyers. Common upgrades include stainless steel appliances, granite countertops, and hardwood flooring. These homes are typically set on lots of 0.4 to 0.6 acres, providing privacy and space for outdoor living areas, such as covered porches and patios, which are highly valued in this region.

Price Comparison: Estill Springs vs. Neighboring Areas

When exploring housing prices, Estill Springs presents an attractive value proposition compared to neighboring cities. For instance, 3 bedroom homes in Estill Springs average around $225,000, while similar homes in Tullahoma and Winchester can reach upwards of $245,000 and $260,000, respectively. This price variance makes Estill Springs a preferred choice for many looking for affordability without sacrificing quality and space.

Estill Springs TN 3 bedrooms Homes

Cost-Efficiency in Estill Springs

Further enhancing its appeal, the cost of living in Estill Springs is lower than in many nearby urban areas. This includes lower property taxes and generally more affordable utility and maintenance costs, which are important considerations for homebuyers looking for long-term savings.

Property Sizes and Lot Features

Three-bedroom homes in Estill Springs are typically found on lots that range from 0.4 to 0.7 acres. These spacious lots offer homeowners ample room for outdoor activities, gardening, and expansions. The average home size in this category spans from 1,800 to 2,500 square feet, providing plenty of room for families to grow and entertain.

Outdoor Living and Landscape

Many homes in this region come with attractive outdoor features such as large backyards, private decks, and patios, all designed to take advantage of Tennessee’s beautiful climate. Such features enhance the living experience, offering ideal settings for family gatherings and personal relaxation.

Upgrades and Amenities That Add Value

In Estill Springs, homeowners are particularly keen on enhancements that not only increase comfort but also add significant value to their properties. Popular upgrades in 3 bedroom homes include modern kitchens with stainless steel appliances and granite countertops, energy-efficient windows, and hardwood flooring. These features are not only aesthetically pleasing but also offer a good return on investment by boosting the property’s market value.

Energy Efficiency and Smart Home Features

Energy efficiency is another crucial factor for buyers in Estill Springs. Many homes now come with smart thermostats, LED lighting, and dual-pane windows, which help reduce utility bills. Additionally, the integration of smart home technology, such as automated security systems and smart locks, is increasingly common, offering both convenience and an added layer of security.

Local Schools and Community Services

The quality of local schools is a significant consideration for families moving to Estill Springs. The area is served by Franklin County School District, which includes Rock Creek Elementary, North Middle School, and Franklin County High School. These institutions are well-regarded for their commitment to academic excellence and community involvement.

Community Engagement and Services

Estill Springs is not just about homes; it's also about community. The town offers a variety of services that cater to the needs of its residents. This includes public parks, local libraries, and community centers that host various events throughout the year. These amenities help foster a sense of belonging and community among residents, making Estill Springs an ideal place for families looking to settle in a nurturing environment.

Understanding the Buying Process in Estill Springs

Purchasing a home in Estill Springs involves several key steps, starting with pre-approval for a mortgage, which gives buyers a clear idea of their budget. Local real estate agents emphasize the importance of understanding local market trends and the value of thorough home inspections to avoid unforeseen issues. The typical closing period for homes in Estill Springs can range from 30 to 60 days, depending on various factors including loan processing times and inspection results.

Navigating Financial Aspects

Financing a home in Estill Springs typically involves options like conventional loans, FHA loans, and VA loans, each with different down payment requirements and interest rates. Understanding these options can help buyers make informed decisions that fit their financial situation and long-term goals.

Why Choose Estill Springs?

Choosing Estill Springs for your next home is about more than just affordable real estate. It’s about becoming part of a community that values quality of life and a slower, more serene pace. With its beautiful landscapes, strong community bonds, and growing economic opportunities, Estill Springs is a place where many find the perfect balance between modern amenities and the tranquility of rural living.

Summary of Estill Springs Real Estate

Estill Springs offers a diverse range of 3 bedroom homes suitable for a variety of homebuyers, from new constructions with modern amenities to charming older houses with rich character. With competitive pricing compared to nearby cities, and a supportive community with excellent schools and local services, Estill Springs represents an appealing option for those seeking a high-quality lifestyle at an affordable cost.