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I have recently viewed a home located off of Cooper Chapel rd, closer to Preston Highway than Smyrna Pkwy. More precisely, Indian Falls Dr. 40299. I am unfamiliar with the area as I'm not from here and have only lived in St Matthews. I don't venture out much around the city besides traveling to work so I would like to hear some opinions. Please post your thoughts on this area whether good or bad. Also any opinions you might have about resale value in the next 5 years or so.
I have recently viewed a home located off of Cooper Chapel rd, closer to Preston Highway than Smyrna Pkwy. More precisely, Indian Falls Dr. 40299. I am unfamiliar with the area as I'm not from here and have only lived in St Matthews. I don't venture out much around the city besides traveling to work so I would like to hear some opinions. Please post your thoughts on this area whether good or bad. Also any opinions you might have about resale value in the next 5 years or so.
That area is doing well and has for years and is likely to improve. It seems years away that the Outer loop/Preston crowd will push that far south - even in five years. If you're at all worried about that, look farther east - east of Smyrna and even east of Buelah Church rd - some great neighborhoods near Beulah Church Rd and Cedar Creek Rd (outside of the Gene Snyder).
i know there are a lot of opinionated people here. i would appreciate any additional comments you can make on the area. i'm mainly concerned with the future of the area within 5 years or any current problems or issues i should be aware of.
i'll answer the sticky questions, maybe that will initiate some discussion.
-Where you are working?
southend, within 15 minutes of indian falls dr
-How much you are willing to spend on housing?
170k
-How long of a commute you're willing to tolerate?
20 minutes
-If you have kids: Private school or public school?
no kids
-What type of neighborhood environment you are looking for: small town feeling? small city excitement? suburbia delight?
i'm from a small town
-Community amenities important to you?
school, shopping, the usual
-Pie or cake?
cake
That area is doing well and has for years and is likely to improve. It seems years away that the Outer loop/Preston crowd will push that far south - even in five years. If you're at all worried about that, look farther east - east of Smyrna and even east of Buelah Church rd - some great neighborhoods near Beulah Church Rd and Cedar Creek Rd (outside of the Gene Snyder).
If you're talking about retail and commercial development, it's already there. That area now has Lowes, Meijers, Showcase Cinemas and Commerce Crossings right across Preston and a half mile down the road there's Mt Washington Road with just about everything. It's just a matter of time until the two will be tied together on the east side with development. It already is on the west side.
That's the area I grew up in and it doesn't even resemble those days. Hard to believe that Preston Highway was a two lane road and I used to ride my bicycle down Preston to Cooper Chapel Rd and on over to McNeely Lake Park. Traffic can be a real headache around there now.
i know there are a lot of opinionated people here. i would appreciate any additional comments you can make on the area. i'm mainly concerned with the future of the area within 5 years or any current problems or issues i should be aware of.
Thank You
I'll try to be more specific. Only known issue is the widening of Cooper Chapel within 5 years. There are a lot of ammenities already nearby. One cause for some worry is the road near the Lowes was closed after being open - the area was being overbuilt and the home building stopped and apparently resulted in the nearby road being closed. If you get a chance, drive north on Preston from I-265 and predict yourself if that area in Okolona is going to continue moving south along Preston within 5 years.
You can easily be within 15 minutes of Indian Falls and be farther East - Adams Run neighborhood, Creek View Estates, Evanwood, or Hornbeam Blvd (forgot the neighborhood name) are ALL surely to increase faster in home prices within 5 years than the areas near the Crossings. For $170k, I'd search East of Beulah Church Rd.
Sorry for the confusion. What I meant is that Indian falls Dr is where the house I have been looking at is located. This is within 15 minutes of where I work, in the 40272 area. 20 minutes is the max I would be willing to drive.
Also I just realized I put the wrong zip code in the OP, 40229 is the one.
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