Is Gatlinburg TN A Nice Place To Live?
Who wouldn’t want to enjoy the Great Smoky Mountains up, close, and personal every day they wake up? Gatlinburg, this incredible mountain resort city in the heart of Tennessee, fully benefits from the immediate vicinity of these majestic peaks.
Still, are there other reasons why Gatlinburg became such a trendy tourist destination and famous relocation city in the US? Tag along as we set out to discover the many secrets this tiny yet overwhelmingly charming town has to offer.
The real estate market in Gatlinburg is picking up.
Locals and newcomers appreciate living in Gatlinburg and owning their own property even more. Real estate prices have gone up by about 8.7 percent since 2021. The median home sale price was $625,000 in the second semester of 2022.
However, the housing market in Gatlinburg isn’t particularly competitive, which is excellent news for homebuyers. As a result, the market isn’t too tight price-wise; thus, those interested in buying real estate can negotiate.
Suppose you wish to move to this fabulous resort gateway. In that case, we recommend you contact professional realtors in Gatlinburg TN! Indeed, they can set you up with affordable housing options with a magnificent view of the Smokies! Additionally, they can supply you with a list of the best resorts in Gatlinburg, TN!
The cost of living in Gatlinburg is super affordable!
Gatlinburg’s local economy stands on firm feet with an impressively low unemployment rate of about 5.1 percent instead of the US average of six percent. Besides, job growth in Gatlinburg is expected to outshine the national average in the next decade.
Moreover, the cost of living is approximately 14 percent lower than the American average and two percent more affordable than the Tennessee median. Groceries, health services, housing, utilities, and transportation expenses, you name it, are regularly cheaper than in the rest of the country. A minor inconvenience is that a Gatlinburg citizen’s salary is moderately lower than the average American Joe’s.
Discover Gatlinburg’s breathtaking pastime activities!
The best way to be meticulous about all the natural beauties not to be missed is to plan a camping trip to Gatlinburg ahead! Although the whole little town will take your breath away, here are the top things you must do in Gatlinburg!
Anakeesta Mountain at your feet
Anakeesta provides a comprehensive outdoor experience for families. Embark on a scenic sky lift drive to the zenith of the fantastic Anakeesta Mountain. Additionally, the tree top canopy walk offers quite the experience in the heights while enjoying the breathtaking mountain views while zip lining! In short, you’ll get to the Firefly village, where you can walk the memorial trail and give in to the ultimate shopping experience.
The exotic marine life in Ripley’s Aquarium
Ripley’s Aquarium of the Smokies will absolutely become your kids’ instant favorite. Parents will also have the opportunity to discover a colorful variety of marine life and befriend a penguin, green sea turtles, sharks, or even stingrays!
Ober Gatlinburg for adrenaline fanatics
The Ober Gatlinburg amusement park and the ski area are open all year. The excellent amusement and recreational park hosts the mountain coaster, an inner ice-skating rink, boutiques and restaurants, and even a tiny but lovely zoo! The well-maintained pristine slopes welcome professional and beginner skiers and snowboarders of every age.
Conclusion
Gatlinburg boasts high livability scores overall. The place obtained high ratings in education, low cost of living, and poverty rate. Job-hunters will find a well-paying position in their domain as the job market has produced promising perspectives. Besides, young professionals and families won’t have to sacrifice their entire salaries solely on monthly costs.
Without a doubt, Gatlinburg is worth every penny and qualifies as one of the best places to live in Tennessee! We suggest you start as a traveler exploring Gatlinburg’s countless beauties inside and outside the city. Once there, we guarantee you that you won’t be able to shake off the desire to move to the happy-go-lucky Gatlinburg!
Popular Real Estate Questions
Popular Real Estate Glossary Terms
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An asset. The term cost is often used when referring to the valuation of acquired property. When it is used in this sense, a cost is an asset. Concepts of cost and expense are often ...
An adjustment to the internal rate of return (IRR) computation so as to improve this measure. This uses a risk-free after-tax rate and a customary rate for money reinvestment. ...
Literature, samples, equipment, tools, and other useful information that real estate brokers or agents can use for demonstration purposes to prospective buyers. ...
In general terms, a licensee means a person or legal entity who has received authorization or permission to perform a particular activity through another party (the licensor in our case.) ...
Legal document that conveys real estate to the lender after the borrower defaults on his or her mortgage payments. The borrower should demand cancellation of the unpaid balance and a ...
The accelerated depreciation definition is a type of depreciation that makes it possible for a homeowner or real estate investor to depreciate their property faster than the straight-line ...
Concept used in valuing real property that conditions may be altered requiring a revised estimate of market value. These conditions include a shift in the demand/supply relationship, ...
Combination of two or more real estate brokerages into one, with only one company retaining its identity. Typically, the larger of the two companies is the company whose identity is ...
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