Best Knoxville Neighborhoods for Buying Your First Home

“Location, location, location,” is a common phrase among real-estate professionals — and for good reason. Especially if you’re a first-time home buyer, you’re likely realizing the importance of not just a good location, but the best location for you. If you’re looking for a home in this area, we’ve compiled our insight on the best Knoxville neighborhoods.

General Advice for Buying Your First Home

You may experience a ton of emotions prior to buying your first home. Moving is always a big decision, even if it’s just right down the street. However, it’s likely that you’ve shied away from the rent life and you’re ready to take the next step. It’s an exciting time, and it can go even more smoothly if you keep the following in mind.

Do your research

There are many great resources for first-time home-buyers, including our real-estate glossary. Branching out into homeownership may be daunting, and it’s totally OK to not understand every term thrown around. The more time you dedicate to research prior to finding buyer representation, the sooner you’ll find your dream home. That being said, our team at Holloway-Westerling is more than happy to teach you everything you need to know and help you discover what you look for in a dream home.

Figure out your priorities

Your ideal home and neighborhood likely look a lot different than anyone else’s — and that’s great! Think about the following home and neighborhood specs prior to beginning your search. It should help you in the following section when we discuss a little bit more about what the best Knoxville neighborhoods are known for. Think about:

  • Commute and access to amenities: How far are you willing to drive to work? To the store? On the weekend or a weeknight for entertainment?
  • Physical location and natural area: Do you like a city backdrop or a more natural one? Are you looking for mountain views?
  • Neighborhood size or governance: Are you looking for a small or large neighborhood? Are you comfortable with an HOA?
  • Home plot and yard: Do you want a small or large yard? Do you plan to expand your property?
  • Quality of schools: What are you looking for in a school for your current or future children?

Knoxville’s Best Neighborhoods

And now what you’re really wanting to know — what are the best Knoxville neighborhoods for buying your first home? We have good news: just about every neighborhood in Knoxville has something for everyone. We discuss more details about different neighborhoods in our post, How to Feel at Home Living in Knoxville, TN

Finding the best Knoxville neighborhood for you

It’s true, however, Knoxville is considered one of the best cities for first-time home-buyers according to MarketWatch. Essentially, you can’t go wrong buying in any neighborhood in Knoxville, but we’ve broken them down for you a bit below:

  • South Knox: This area encompasses the Old City and offers many historical homes and points of interest. You’ll also have the heart of Knoxville’s downtown and “urban wilderness” right in your backyard, including World’s Fair Park and the iconic Sunsphere.
  • West Town: Knoxville’s West Town is near natural parks as well as plenty of shopping centers, including West Town Mall. Top-ranked neighborhoods near this area also include Rocky Hill, Deane Hill, and Bearden. 
  • Old North Knoxville: Old North Knoxville was ranked number one for the 10 best neighborhoods to live in Knoxville according to the linked article. This decision was based on crime and census data as well as home values and other factors.
  • Chesney Hills: Chesney Hills is an up-and-coming subdivision in Knoxville. You’ll experience similar access to amenities as Farragut with a little more room in between. Chesney Hills offers mountain views and room to grow with a good emphasis on peace and quiet.
  • Farragut: Farragut offers a little of everything in close proximity. While some homes are on the pricier side, there are options in every budget. You’ll have the endless entertainment provided by Turkey Creek as well as an opportunity to escape to natural spaces — like lakefront parks for water activities as well as golf courses. Farragut also offers incredible schools for children of all ages. 

We hope you’re feeling a bit more confident as you begin your search. You can browse current listings in popular neighborhoods with our search tool. If you have any additional questions or you’d like to get moving into your first home, don’t hesitate to contact us today!

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