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Lakeway to the Smokies
Good:
1. Lenoir City has a low cost of living, making home ownership more affordable than in many other places.
2. The city is located within easy driving distance of Knoxville and Chattanooga, providing access to larger cities for shopping, entertainment, and employment opportunities.
Not So Good:
1. The area is prone to severe weather, including tornadoes and flooding, which can put homeowners at risk of property damage.
Amy Evans | I relocated to Oak Ridge, TN with my family in 2005. I understand how exciting yet stressful a move can be, especially when ... see full details and contact information for Amy ... on your best interest. I look foward to the opportunity to work with you. |
| Amy has 11 recent and active property listings that range in price from $79,900 to $674,900 with the most recent sale on 2024-06-06 for $593,500. | |
| Serving the areas of Knoxville, Oak Ridge, Oliver Springs, Clinton & Harriman | |
| Read the reviews for Amy Evans | |
Pam Owen | When you need a realtor..... Pam Owen has the experience and knowledge to work for you. If you are looking for your dream ... see full details and contact information for Pam ... former relationships as she partners with you to sell or acquire property. |
| Pam has 6 recent and active property listings that range in price from $38,000 to $995,000 with the most recent sale on 2024-05-23 for $1,350,000. | |
| Serving the areas of Strawberry Plains, Andersonville, Powell, Knoxville, Heiskell, Norris, Corryton, Luttrell & Mascot | |
Some potential pros and cons of buying a property in Lenoir City, Tennessee.
Pros:
1. Location: Lenoir City is located in a rapidly growing area of Tennessee, with proximity to both Knoxville and Oak Ridge. This means that there may be good job opportunities and access to amenities and entertainment options.
2. Affordable Housing: Housing in Lenoir City is generally more affordable than in the larger neighboring cities, which could mean you get more value for your money.
3. Historic Downtown: Lenoir City's historic downtown offers a unique small-town feel with local shops, restaurants, and beautiful architecture.
4. Outdoor Recreation: Lenoir City is situated just a few miles from both Cherokee and Tellico lakes, offering access to boating, fishing, and other outdoor recreational opportunities.
Cons:
1. Property Tax: Lenoir City has a higher property tax rate compared to neighboring cities which could impact your finances.
2. Natural Disasters: Tennessee is prone to natural disasters including tornadoes and flooding, which could cause damage to your property and potentially impact your insurance rates.
3. Traffic: Due to the area's growing population and location near larger cities, traffic on major highways can be congested during peak hours.
4. Limited job opportunities: Although there may be good job opportunities in nearby cities, job opportunities within Lenoir City could be limited.
Ultimately, whether Lenoir City is a good investment decision will depend on your personal financing, lifestyle, and long-term goals.