Along with seeing signs of positive trends in the housing market nationwide and a reasonably stable market in the Sevier County, Tennessee area, we have just come across more good news.
Frommer’s began as a travel guide-book series that started in 1957 and is one of the best-selling travel guides in America. They have an award-winning travel website, http://www.frommers.com/, that covers over 3,500 destinations. They have just announced that The Great Smoky Mountains National Park is the 2012 Top Family Destination in the world. They are giving the Great Smoky Mountains a large amount of publicity with their article about the area. How does this affect you as a seller or investor in Gatlinburg?
The Great Smoky Mountains National Park has the highest park visitation in the United States with over 9 million visitors each year. With the help of Frommer’s designation and with the fact that Gatlinburg is the gateway community to the park, we look forward to even more visitors than ever before.
As a seller, this kind of exposure is sure to bring more people to the area. Many visit Gatlinburg and are taken with all that the community offers; easy access to the park, numerous activities, shopping etc. Many buyers we come in to contact with say that they recently visited the area and are now looking to buy a second home here. With more people in the area, interest in real estate will spike and more people will begin to look. If you are thinking of selling let us know, we are happy to provide a free market analysis to help you determine the potential value of your property.
As an investor, the area is known for beautiful vacation rental properties and mountain cabins with that special Smoky Mountain feel to them. There has been a decline in hotel stays as more people are renting condos or cabins when they visit. They are looking for an authentic mountain experience. As we begin having more and more people visiting the area, now may be a great time to look into purchasing a vacation rental for yourself. We are happy to obtain rental income history for any property you may be interested in as well as providing direction every step of the way. We can assist with statistics, picking a rental management company, a cash flow analysis and more.
Whether you are thinking of buying or selling, this designation is a very positive thing for Smoky Mountain real estate. Stop by our website to see what’s going on in the market.
Here are a few of my featured listings:
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Great Four Level Chalet/Nice Ridge View Did $25,344 gross rental income in 2010 & $24,445 in 2011. Your own Mountain Escape. Very large 4 level chalet that sleeps 16. Big open space in all rooms and 4 levels of decks. Nice mountain views and walking distance to owners club and pools. Type: Single Family Home Location: Chalet Village Price: $239,900 Get more information > |
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Busy Location for Office/Residential! Great, busy location ideal for commercial office site. Has a separate entrance for lower level so could be used for two businesses or in-law quarters if used for residential. Type: Office Location: Sevierville,TN Price: $329,900 Get more information > |
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Mt LeConte View w/Large Open Floor Plan 5 bedrooms all with in suite baths for privacy. Huge great room for those family gatherings and could walk to trolley to take to town or to Nat’l Park. Type: Single Family Home Location: Gatlinburg ,Tennessee Price: $315,000 Get more information > |