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Updated almost 6 years ago on . Most recent reply
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Recommendations on Chattanooga sub-markets
I found a property in North Chattanooga, near Red Bank, and would like thoughts on the area. I wasn't actually looking at this market, so I don't have much research into the area just yet but the numbers on the property look promising. The crime rate there is low compared to downtown Chattanooga, but I'm not sure if Red Bank is an up-and-coming neighborhood, an established neighborhood, or a place people are fleeing. Does anybody know the area? If so, is Red Bank considered a decent place to live? Also, any thoughts on downtown Chattanooga? Is it being revitalized throughout? Or are there certain areas you just don't want to invest in?
Any thoughts would be greatly appreciated.
Most Popular Reply
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Red Bank is not considered a dangerous area, there may still be a couple low end homes but overall most of Red Bank is hot and most areas close to North Chattanooga would be a pretty good find if the numbers work. It would in my opinion be considered an up and coming area. I grew up in this area and for the most part starting to see renovations everywhere in it. Hope that answers your question. Feel free to pm me if you were wandering about your specific location you had.
Best of luck.