Repeatedly ranked as one of CNNMoney’s ‘Best Places To Live’ list for America’s best small cities, Franklin, TN is more than a picturesque seat of southern hospitality or storied Civil War battleground. Today, it’s where countless multinational corporations call home – including Nissan North America, Healthways Inc., Mars Petcare US, and more. In fact, thanks to its short commute to Nashville, proximity to colleges, universities and professional schools, easy access to world-class medical centers, low property taxes, quality public and private schools with high test scores, low crime and near limitless opportunities for leisure and culture, it’s no wonder that homes for sale in Franklin, TN tend to attract more CEOs, doctors and executives per capita than almost any other city in the country.
With over 1,500 restaurants within a 15-mile radius, plus 21 movie theaters, 35 libraries, 4 museums, and 87 nearby golf courses to choose from, recreation is clearly a priority for Franklin’s residents – and the weather there helps to keep leisure time on the front burner all year long. In spite of a slightly higher than the national average yearly rainfall, the high temperature in the summer averages out in the mid to high eighties and the winters are moderate with little to no average snowfall. Residents in the area tend to be healthier than in other regions on average and higher educated, typical attributes of an affluent area with job growth over 32%. In fact, with a modest population of only about 55,000, the median income rate of $91,731 is markedly high against other communities of its size across the country.
Known for its affordability, money on housing in Franklin, TN tends to stretch farther than in other similarly affluent areas. Home to multiple gated communities, there are higher priced homes on larger acreage ranging from $1-$5 million that would easily fetch into the tens of millions in similarly appointed real estate markets. One stunning example is this Penn Way Court country home located within the sought after gated community of Brandon Parks Downs, this home for sale in Franklin, TN is via absolute auction, selling with no reserve by Supreme Auctions on April 10th. The community with only 45 homes is spread out across dozens of acres with walking trails and amenities that include those for the equestrian enthusiast. It’s clear that the lack of state income tax coupled with the city’s unparalleled charm makes Franklin, TN even more of a draw for the wealthy.
To learn more about homes for sale in Franklin, TN and for additional details about an exciting luxury property selling to the highest bidder with no reserve on April 10th, call 866-929-2243 or visit the Franklin, Tennessee Auction page.