When searching for a new home, our choices are quite limited this spring. The Knoxville Area Realtors' MLS website lists 5 homes on the market for our requests. FIVE!!!!! My only requests are location (West or South Knox County), price, 4 bedrooms, 2+ baths, 2000+ square feet and on 1+ acre. I'm not even searching for a garage or fenced backyard too, just the bare minimum. When you throw in the acre, the number goes from 77 down to 5.
What's scary to me is the lack of inventory this spring compared to last spring. There used to be over 250 homes available in Knox County in our specific areas of choice, price, # of bedrooms and baths requested. Now, there's only 77! Last spring, there used to be over 40 houses on the market with over an acre of land with our specifics, now 5.
WOW! So I'm hoping that when we put ours on the market, the lack of inventory will help us to sell quickly. But in the meantime, Jason and I have agreed and compromised on this one home. It's a 5 bedroom, 3 full baths with 3,078 sq. ft. It's on 2 acres with a bonus room and playroom. It has wood floors and a small fenced yard. It is on a peninsula with other homes overlooking the Little River valuing in the millions probably (by the looks of them). It does not have a river view because of the woods it's on and also the hills in front of the home. It has almost everything we wanted but a garage which can be added later.
Saturday, we went to see it and saw it's potential. Thinking caps were on! This house can be gorgeous when we finish with her. But for now, we just have to sell ours. Our goal is to get ours on the market by May 1. We still have a few projects to complete in our home first. New carpet, repainting, repairing nail homes, etc. So we will be quite busy these next few weeks, but a good busy preparing for showings. Whew.... here we go again.
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