Lookout Mountain, Tennessee

Lookout Mountain, Tennessee Details

The park holds several special events throughout the year. For example, bikers are encouraged to take bike tours following the footsteps of Union and Confederate Soldiers. At other times, special kayak tours are given allowing participants to learn about how the waterways were crucial in the Union victory. Furthermore, living historians often portray certain aspects of life taking place during the war at this park.Many area residents are interested in history, and love to share that interest with others.

This community of about 2,000 people holds education in high esteem. Not only is the school system well rated, but about 79 percent of residents have a college degree and about 34 percent have completed a master’s or doctorate program. Many of these residents commute into downtown Chattanooga to work. They choose to live in this 96 percent white community because of its low crime rate and its livability. There is almost an even mix of males and females in this community where the average age is 46.

The median income in Lookout Mountain was $74,089 in 2010. This was well above the state and national average. Incomes have continued to climb since then. Many homes in the community were built before World War II. Additionally, many homes built in the early 1900s have been lovingly restored.

About 87 percent of the people living in Lookout Mountain are buying or have purchased their home. The median home value is $468,900. Home values declined about 3.5 percent over the last year, but experts expect those homes to raise in value by about 5.5 percent over the next year. Over the last decade, homes in this community have grown in value by almost 13 percent.

This community’s location between the Appalachian Mountains to the east and the Cumberland Mountains to the west enjoys a warmer winter than much of the state. The Cumberland Mountains block the cold winds from hitting this community keeping temperatures more moderate throughout the winter.

Unlike nearby larger communities, there are really no good or bad neighborhoods in this rural community covering just 1.3 square miles. When good things happen, everyone celebrates together. When tragedy strikes, everyone works together to overcome it in the best way possible.

The average rental price in this Tennessee community is $1,065 per month. That figure has increased by almost 13 percent over the last year. Like the price of buying a home, it is likely to continue to increase over the next year and beyond. Therefore, it may be the perfect time to buy investment property in this small rural community.

There are many reasons to be excited about investing in this community. Great schools, outstanding things to do and short commutes top many people’s lists of why they want to live here. While people have their privacy, this community rallies together in good times and in bad. We would love to talk to you today about your rental property in this community. We pride ourselves on being the friendly experts on this Tennessee community. Call us for your comprehensive market analysis.

Lookout Mountain Property Management

Our property management team specializes in residential areas throughout Lookout Mountain, TN. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands.

Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Lookout Mountain area property management services.