Alcoa (Maryville, Louisville: real estate, rental, how much)

[sillygal]

This city runs into Maryville, but the apt and real estate in general is cheaper, is it because of the power plant or what?

[TedTLPN]

Originally Posted by sillygal

This city runs into Maryville, but the apt and real estate in general is cheaper, is it because of the power plant or what?

I believe it's Aluminum. It's not a bad area at all from what I can tell. The key is how much you care about school districts. If you don't mind being in regular Blount county, which isn't bad, you are good to go. But if you want the excellence that is the Maryville City schools, you effectively have to live in the city.

[Milo Bloom]

Alcoa in general is a little more working-class than Maryville, but that is changing. Alcoa is in full-blown annexation mode, gobbling up all of the upper-income housing and developing areas near the airport. In fact, their city limits now extend in an arc encompassing the Tennessee river all the way over to Louisville.

Proximity of the older housing to the plants probably keeps prices lower, as well as the fact that "it isn't Maryville" when it comes to schools. That being said, Alcoa's schools are very good, and it's one of the few school districts that entirely runs on a modified year-round schedule in the state.

Alcoa has a history of accepting lots of tuition students from Blount and Knox counties, but that is beginning to cease as they are annexing up property with lots of residential. Especially higher-end residential, the types of houses that have school-age kids.

[sillygal]

Ok........so the houses that are under $80,000 in Maryville, Alcoa, are not in slummy areas? I don't want to buy a house long distance, see it a couple times and think it is in a nice area then come to find out no one wants to live there.......I would like my property to go up, not down but it sounds like I can't go wrong in that area with all the revitalization going on! Am I right or wrong? Would still like to rent first, but if I can't find a rental I will have to buy!

[hiknapster]

I wouldn't buy with out visiting the house first. I think that's good advice for anywhere.

[sillygal]

I plan on seeing it several times before I buy it, and have an inspection done, but I would like to know if I can afford a home there first before I go thru the trouble of moving there. So, I am asking if houses for $80,000 and below are feasible? and in a half way decent neighborhood. I see them online in Maryville, and Alcoa but not sure what kind of area they are in. I don't need something big at all it is just me.