KNOXVILLE, TENNESSEE
HOUSING NEEDS ASSESSMENT — RESIDENTIAL MARKET STUDY
May, 2021
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» Younger singles and childless couples » Empty nesters and retirees » Family-oriented households
The Western Heights Choice Neighborhood Study Area City of Knoxville, Knox County, Tennessee
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The study determined that roughly 1/3 each of the following groups:
An Analysis of Residential Market Potential
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Z
immerman Volk & Associates (ZVA) conducted an Analysis of Residential Market Potential for the Western Heights Choice Neighborhood. This report analyzed the current market conditions, and the potential to draw new residents from around the Knoxville and Knox County area.
Conducted by ZIMMERMAN/VOLK ASSOCIATES, INC. P.O. Box 4907 Clinton, New Jersey 08809
In comparing 23 Knoxville rental properties, there is a market premium if a Walk Score of 70 or above can be achieved. Rents range between: » $659 and $1,250/month for studios » $750 and $1,844/month for one-bedrooms » $765 and $2,300/month for two-bedrooms » $882 and $2,250/month for three-bedrooms
Needs Assessments / Housing Needs Assessment — Residential Market Study
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