Waverly Ave, Edgehill

Almost on the opposite side of the campuses of Vanderbilt and Belmont from Hilsboro Village is Woodland-in-Waverly historic district. Much like the Germantown district of Nashville, this area is designated as an historic preservation neighborhood and as such all original structures must be renovated as closely to possible as their original form, and new structures must get planning permission to build, thus ensuring that they are in keeping with the historic facades of neighboring buildings. Unlike Germantown, though, there is quite a bit of new building going on, and though the prices for the older/original houses has stayed largely static ($200K or less can buy you a renovated 2/3 bed), the new homes in the area are pricey, and though larger, are still considerably more even on a per square foot basis. Yes, you get the quick access to Green Hills for shopping or to the restaurants near Vandy for eating out, but it is still not necessarily the best value for money in metro Davidson county. In addition, the nearest high school is in Green Hills and though on a map it does not seem far, in traffic and in reality it is quite a trek. Lastly, for the amounts they are asking for newer builds and given the proximity to the universities, there is no guarantee that these homes will hold their values. In some cities the universities are in leafy burbs that make for ideal living. Not so in Nashville where the sprawling Vanderbilt University and Medical Center bump into Belmont University, and all right in the heart of town. Perfect for professors, doctors (Vandy) or others associated with the university as there is a nice sense of community, this is not a place for a random transplant to Nashville who wants to be able to walk to their meal and see their child off to a nearby school.