Williamson County Real Estate: Do Apartments Hurt Neighborhoods

Do Apartments Hurt Neighborhoods

I was showing some Nashville commercial real estate to a client earlier this week, and since we all grew up in the same area of South Nashville, we had a lot of old memories to talk about. And then the discussion about what happened came up. The area of Nashville now know as Antioch was a very nice part of town, with good schools, very little crime, and quiet neighborhoods. 30 years later, it's the place most likely to be avoided if you want to buy Nashville real estate. The question that everyone needs to ask is why? And what can we do to prevent it from happening in other areas?

Looking back, the first thing that I would do different is avoid zoning any area for apartments. Apartments buildings and the people who live in them cause a tremendous disruption to the infrastructure of any community. The schools suffer the most, and when schools become less desirable, people move to better neighborhoods. When I compare schools that have residents from apartments to schools that don't, I usually see a significant difference in graduation rates, test scores, and scholarships. Parents that care will more to neighborhoods with good schools, driving up the resale value.

Talk to your local authorities about zoning for apartments. If you are not careful, you will wake up one day to find a 500 unit apartment complex in your school zone. It's all downhill after that. Just my opinion, but I plan to live in an area with no apartments.

An apartment complex under development in Corvallis, Oregon.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Keller Williams Realty. Providing Nashville real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Williamson county, and the middle Tennessee area.

 

 

 

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Comment balloon 4 commentsLarry Brewer - Benchmark Realty llc • April 04 2008 08:14AM

Comments

Larry,

I seem to recall that about a decade or so ago, the federal government was mandating more rental units in some areas. There is a train of thought that suggests that ending the cycle of birth to death renting begins by developing the notion that one can "move up" to home ownership. Something to think about.

Posted by Richard Weisser, Richard Weisser Retired Real Estate Professional (Richard Weisser Realty) over 10 years ago

Richard - You may be right, the federal govenment also mandated desegregation laws that caused children to ride for hours every day across town to school instead of going to the school in the community they lived in. It was a big help to the counties outside of the city limits, but it really killed the home values in Nashville. And 30 years later, homes in Williamson and Wilson county are worth more than homes closer to Nashville because the schools in Nashville have a bad reputation.

Posted by Larry Brewer - Benchmark Realty llc (Benchmark Realty LLc) over 10 years ago
It's funny how we don't seem to nitice the problem until it's too late. The traffic around some of these areas is unbeliveable.
Posted by Linda Moore (Century21 Premier) over 10 years ago
Hmm, interesting info. I never really thought of it that way but it makes some sense.
Posted by Vanessa Stalets, REALTOR, Brentwood TN Homes, Real Estate (RE/MAX Elite) over 10 years ago

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