are condos a good investment?

Are Knoxville TN condos a good investment?

Condominiums have held their value as an investment despite economic downturns and problems with some associations. In fact, condos have appreciated more in the past few years than when they first came on the scene in the late 1970s and early 1980s, experts say.

While there are lots of reports about Knoxville TN area homeowners association disputes and construction-defect problems, the industry has worked hard to turn its image around.
Elected volunteers who serve on association boards are better trained at handling complex budget and legal issues, for example, while many boards go to great lengths to avoid the kind of protracted and expensive litigation that has hurt resale value in the past.
Meanwhile, changing demographics are making condominiums more attractive investments for single home buyers, empty nesters and first-time buyers in expensive markets.

Questions about Knoxville TN Real Estate?

Ask us below or Call us Now at 865-690-1300

Syndicate this Site

Get the newest real estate Information from our site delivered right to your desktop!

Sitemap

Payment Estimator

Knoxville Homes
Cedar Bluff Homes
Farragut TN Real Estate
Knoxville Condominiums

Thanks Again For Visiting the Knoxville TN Real Estate Information Website

David Hamilton, CDPE, REALTOR®
FERGUSON REALTORS
8085 Kingston Pike
Knoxville, TN 37919
Cell 865-310-0636
Office 865-690-1300
Toll-Free 800-747-0713
Toll-Free Private Fax 888-600-5128

By completing a form on this site, you are making an inquiry and are granting your permission for an agent to contact you via telephone and/or email.

Just Listed RSS Feed

See the newest properties as soon as we enter them in your favorite feed reader!

Don't worry about missing the right one... we make it easy for you!