Knoxville Neighborhood of the Week: Westmoreland

April 13, 2009

© 2008 Robert Stockdale Photography, All Rights Reserved.

This week Neighborhood of the Week stays west but goes closer in toward West Town Mall to revisit a neighborhood that Knoxville mayor Bill Haslam calls home: Westmoreland.

Westmoreland actually consists of two main areas: Old Westmoreland and New Westmoreland.

Old Westmoreland is north of the eastern end of Westland. In other words, if you turn from Northshore on to Westland and turn right by the water wheel, you’re in Old Westmoreland.

As its name implies, Old Westmoreland contains the oldest, and arguably some of the grandest, homes in the neighborhood. Though there are some newer homes and some new construction in Old Westmoreland, the majority of the homes were built from about the 1920s to the 1980s.

“New Westmoreland” lies to the south of Westland. The homes in that section are, you guessed it, newer, with most being between 15-20 years old.

Whether they’re new or old, homes in Westmoreland are large, with an average square footage of just above 4000. They are also mostly very traditional looking with some cottage style and Mediterranean influenced homes sprinkled throughout the older section. Homes tend to be on large lots and there are lots of mature trees everywhere.

Westmoreland is definitely in a great central location and is just minutes from Bearden, West Town, Rocky Hill, and I-40. It’s also just a stone’s throw away from Lake Shore Park, one of West Knoxville’s favorite walking/jogging spots.

So if you’re looking for a large, traditional home in an upscale, neighborhood that is full of mature trees and is also centrally located within west Knoxville, Westmoreland might be a great place for you to call home.

Special thanks to AAKT’s resident photographer, Robert Stockdale, for the great shots of Westmoreland. If you would like to learn more about Robert’s work, please visit his website.

Here’s Westmoreland by the numbers -

Westmoreland*

Current On-Market Listings – 25
Average Asking Price: $737,948
Median Asking Price: $579,900

Average square footage: 4580

Most Expensive: $2,250,000 (5 BR, 5 BA, 10,000+ sq ft estate)

Least Expensive: $300,000 (4 BR, 2 BA, 2900+ sq ft 2 story)

Middle of the Road: $799,000 (5 BR, 3.5 BA, 4200+ sq ft on 1+ acres)

Current Pending Sales - 3
Average Asking Price – $386,433
Median Asking Price – $389,900

Closed Sales – 1st Quarter 2009- 3
Average Asking Price – $848,300
Average Sales Price – $694,473
Median Sales Price – $484,210
Days on Market -130

Closed Sales – 1st Quarter 2008- 6
Average Asking Price – $622,967
Average Sales Price – $573,750
Median Sales Price – $415,000
Days on Market – 114

*Data taken from KAARMLS on 04/13/08 does not include condos, PUDS, adjacent neighborhoods or multi-family units.

As always, if you want any more information about any of these properties, or if you’d like to check one of them out in person, just give me a shout.

If you would like to receive a full list of properties for sale in this neighborhood, or if you would like to be notified of new listings, send me an email with either “Current Westmoreland Listings” or “New Westmoreland Listings” in the subject line and I’ll take care of the rest. I won’t spam you. Scout’s honor.

Think your neighborhood has what it takes to be a NOTW? Let me know about it and you might just see it here in the coming weeks.

Neighborhood of the Week: Westmoreland

New Knoxify Neighborhood: Westmoreland

Knoxville Neighborhood of the Week: Lindbergh Forest

Knoxville Neighborhood of the Week: Victoria’s Inlet

Knoxville Neighborhood of the Week: Wexford at Lake Loudon

Historic Neighborhoods, Neighborhood of the Week, West Knoxville, Westmoreland