3 Bedroom Homes for Sale in Franklin, TN

3 Bedroom Homes for Sale in Franklin, TN April 17, 2024
699
Listed
60
Avg. DOM
$347.98
Avg. $ / Sq.Ft.
$660,000
Med. List Price
699 Properties
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The Current Market Trends for 3 Bedroom Homes in Franklin, TN

Franklin, TN, a gem nestled in the heart of Williamson County, is witnessing a vibrant real estate market, especially for 3 bedroom homes. As of late, the average sales price for these cozy abodes has hovered around $450,000 to $500,000, showcasing a competitive market driven by high demand. Days on market—a measure of how quickly homes are selling—averages at about 30 to 45 days, indicating a fairly brisk pace. Inventory levels have remained tight, with new listings being snapped up quickly, suggesting that buyers need to act fast when they find a home they love.

Franklin 3 bedroom Home

What Does This Mean for You?

For buyers, the current market means preparing to make decisive offers, often at or above asking price, to secure a home in this sought-after area. For sellers, it’s an opportune time to list, as well-maintained, strategically priced homes are likely to attract multiple offers.

Understanding Home Prices: What to Expect When You’re Buying in Franklin

When diving into the Franklin real estate market, it's crucial to understand the factors that influence home prices. The price for a 3 bedroom home can vary greatly depending on several factors, including its neighborhood, property size, and any upgrades or amenities it might have.

Price Ranges by Neighborhood

In neighborhoods like Westhaven or Sullivan Farms, you might find prices ranging from the high $400,000s to over $600,000 for spacious, well-appointed 3 bedroom homes. These areas offer a mix of classic and contemporary homes, community amenities like pools and parks, and proximity to top-rated schools like Franklin High School and Pearre Creek Elementary.

Factors Influencing Prices

Location within Franklin plays a big role in pricing, with homes closer to downtown or key amenities often commanding a premium. The age of the home, its architectural style—ranging from historic Victorian to modern farmhouse—and the size of the property also significantly impact the price. Upgrades such as renovated kitchens, hardwood floors, and smart home technology can further increase a home's value and appeal.

Understanding these market dynamics and price influencers can help buyers set realistic expectations and budget accordingly for their home search in Franklin, TN.

Architectural Styles and Home Designs in Franklin

In Franklin, the architectural landscape is as rich and varied as its history. Here, you’ll find 3 bedroom homes that span a range of styles, from the classic charm of Colonial revivals to the sleek lines of contemporary designs. Most homes in the area reflect the traditional aesthetic, with brick or stone exteriors, shuttered windows, and welcoming front porches being common features. The average home age ranges from historic 19th-century gems in the heart of downtown to brand-new constructions in burgeoning neighborhoods.

Franklin 3 bedroom Homes

Interior and Exterior Design Features

Inside, these homes often boast open floor plans, hardwood floors, and modern kitchens with stainless steel appliances and granite countertops. Master suites typically feature walk-in closets and ensuite bathrooms with double vanities. Externally, properties may include landscaped yards, outdoor entertainment spaces, and, in newer developments, community amenities such as pools and clubhouses.

Spotlight on Neighborhoods: Where to Look for 3 Bedroom Homes

Franklin’s neighborhoods offer a variety of lifestyles, from the bustling historic downtown area to serene, family-friendly communities on the outskirts. Each neighborhood has its own charm and set of amenities, making Franklin a diverse city to call home.

Westhaven

Known for its picturesque streets and comprehensive amenities, Westhaven is a planned community that offers everything from shopping to schools within walking distance. The average price for a 3 bedroom home here can range from $600,000 to over $700,000, reflecting the quality of life and community benefits this neighborhood provides.

Sullivan Farms

A more traditional neighborhood, Sullivan Farms offers spacious 3 bedroom homes typically ranging from $400,000 to $500,000. With large yards, community pools, and proximity to great schools, it’s a perfect spot for families looking for a mix of suburban comfort and convenience.

Each of these neighborhoods showcases Franklin’s ability to cater to a variety of preferences and lifestyles, making it an ideal place to find your next 3 bedroom home.

Spotlight on Neighborhoods: Where to Look for 3 Bedroom Homes

Franklin, TN, is known for its diverse neighborhoods, each offering a unique living experience. Whether you're looking for the charm of historic homes or the sleek appeal of modern developments, Franklin has something to fit your style.

Franklin TN 3 bedroom Homes

Westhaven: A Slice of Suburban Paradise

Westhaven is renowned for its master-planned community, offering not just homes but a lifestyle. The average price for a 3 bedroom home here can range from $600,000 to $700,000. Residents enjoy access to community pools, golf courses, and a town center filled with shops and restaurants. Schools like Pearre Creek Elementary are top-rated, making this neighborhood a hit with families.

Sullivan Farms: Classic Charm Meets Modern Living

In Sullivan Farms, the blend of traditional aesthetics with contemporary living attracts a wide range of homebuyers. Prices for 3 bedroom homes typically range from $450,000 to $550,000. The neighborhood boasts spacious parks, walking trails, and close proximity to Franklin's historic downtown. Its community-focused vibe and excellent schools, such as Franklin High School, make it a sought-after location.

The Ins and Outs of Property Sizes and Lot Features

When searching for a 3 bedroom home in Franklin, TN, understanding the variety of property sizes and lot features is key to finding your perfect match.

Expect Spacious Interiors and Generous Lots

On average, 3 bedroom homes in Franklin offer about 2,000 to 2,500 square feet of living space. However, this can vary widely depending on the neighborhood and the age of the home. For those who love the outdoors, lot sizes are just as important. Many homes feature lots that are a quarter-acre to half-acre, providing plenty of room for gardens, play areas, and outdoor entertaining. Some newer developments offer smaller lots for easier maintenance, while still providing community green spaces and amenities.

Amenities and Lot Features that Add Value

Many 3 bedroom homes in Franklin come with amenities that cater to comfortable and luxurious living. Outdoor living spaces, such as covered patios and decks, are popular, along with upgrades like fire pits and outdoor kitchens. For the interior, open floor plans, hardwood floors, and modern kitchens with stainless steel appliances and granite countertops are highly sought after. These features not only enhance your living experience but can also significantly increase the property's value.

Amenities and Upgrades: Enhancing Your Franklin Home

When scouting for a 3 bedroom home in Franklin, TN, understanding the common amenities and upgrades can help you pinpoint the perfect property. Franklin homes are known for blending comfort with elegance, offering features that cater to a luxurious lifestyle without sacrificing the cozy charm of southern living.

Must-Have Amenities in Franklin Homes

Many 3 bedroom homes in Franklin boast amenities that are both practical and luxurious. Energy-efficient appliances and HVAC systems are common, reflecting the community’s commitment to sustainability. Hardwood floors and granite countertops are also popular, adding a touch of elegance to the homes. For those who enjoy outdoor living, features like screened porches, private decks, and landscaped gardens are often available, perfect for enjoying Tennessee’s beautiful weather.

Value-Adding Upgrades to Consider

Considering upgrades? Smart home technology, including advanced security systems and programmable appliances, can add significant value. Remodeled bathrooms and kitchens, particularly those with modern, energy-efficient appliances and stylish finishes, are highly desirable. Such upgrades not only improve your quality of life but also increase the marketability of your home should you decide to sell in the future.

Navigating the Franklin, TN Real Estate Process

The journey to homeownership in Franklin, TN, is an exciting one, filled with opportunities to find your dream home in this charming city. However, understanding the local real estate process can ensure a smoother, more enjoyable experience.

Key Steps in the Home Buying Process

Start by securing financing, which will give you a clear idea of your budget and strengthen your position when making offers. Next, consider a home inspection to identify any potential issues with the property. This is crucial in avoiding unexpected repairs down the line. Familiarizing yourself with county tax information can also provide insights into future expenses, helping you budget accordingly.

The Role of a Real Estate Professional

Working with a local real estate professional can be a game-changer in navigating the Franklin market. They can provide invaluable advice on neighborhoods, pricing, and the negotiation process, ensuring you find a home that meets your needs and budget. Their expertise can also simplify the complexities of the buying process, from making an offer to closing the deal, making your home buying journey as stress-free as possible.

Living in Franklin: Schools, Services, and Community Life

Choosing a home in Franklin, TN, means more than just picking a house; it’s choosing a community. Franklin is celebrated for its excellent educational institutions, comprehensive community services, and vibrant local life, making it an ideal place for families, professionals, and retirees alike.

Top-Rated Schools for Your Little Ones

Franklin is home to some of the best schools in Tennessee, offering outstanding education opportunities. From the award-winning Franklin High School to the innovative programs at Pearre Creek Elementary, parents can rest assured that their children will receive a top-tier education. Private options, such as Battle Ground Academy, provide additional choices for families seeking alternative educational environments.

Community Services and Lifestyle

The city is rich in community services, including state-of-the-art healthcare facilities, public libraries, and parks. The Franklin Recreation Complex and the Williamson County Enrichment Center offer programs and activities for all ages, from sports leagues to arts and crafts classes. The vibrant downtown area, with its historic sites, shopping, and dining, hosts numerous festivals and events throughout the year, fostering a strong sense of community among residents.

Why Franklin, TN is Your Next Home Sweet Home

Franklin, TN, with its blend of historic charm and modern conveniences, offers an unparalleled living experience. Its neighborhoods cater to a wide range of preferences, from the tranquility of Sullivan Farms to the bustling community of Westhaven. The city’s commitment to quality education, combined with its abundant amenities and strong community spirit, makes Franklin not just a place to live, but a place to thrive.

In summary, Franklin, TN, presents a vibrant real estate market with a variety of 3 bedroom homes suited to different tastes and budgets. From the current market trends that favor both buyers and sellers to the distinct neighborhoods each with its own character, Franklin is a city that appeals to many. Property sizes and amenities enhance the living experience, while the local real estate process and community life underscore the city's desirability. Whether you're drawn to the educational opportunities, the lifestyle amenities, or the welcoming community, Franklin, TN, offers a compelling argument for calling it home.