FREQUENTLY ASKED QUESTIONS
Q: Do the home sites include a house?
A: No. Only property. Your home will be built as you desire. Should you be interested in speaking with a local builder in our area please contact us and we will assist you in securing a qualified builder.
Q: Approximately how much does it cost to build a house in Tennessee?
A:Of course it depends on the quality of home that you want. Average cost is $50 to $60 per square foot. Local builders can give more specific details for your project. We can provide a list of local builders for your convenience. contact us
Q: Do I have to build right away?
A: There are no time restrictions for constructing your home.
Q: What are the sizes of the home sites?
A: The size of our home sites approximately an acre in size. click here to view lots.
Q: Are there association fees?
A: No unless areed upon by owners for specific items in the future.
Q: Where can I get financing?
A: Whatever is best for you. You can arrange with you bank or contact local banks in the Monteagle area.
Q: Where can I find local health care?
A: Residents of Monteagle and Marion County are fortunate in having excellent health care facilities. Emerald Hodgson Hospital is among the nation's top 100 best hospitals. It is a private, non-profit facility with 186 beds, a 20-bed Sub acute Care unit, 24-hour emergency service, expanded same-day surgery unit, comprehensive out-patient services, cardiac and pulmonary rehabilitation, home health services, and more.
Since 1985, the hospital's hospice program has provided terminally ill patients and their families with the services of physicians, psychologists, nurses, counselors, and volunteers.
Other health, medical, and ambulance services and supports are provided by a branch of Southern Tennessee Medical Center, GranView Medical Center, and Monteagle Care and Rehabilitation of Marion County Health Department. There are four full-time clinics, over 50 physicians and surgeons, three assisted-living facilities, and three nursing homes.
In addition, half dozen veterinarians provide a wide range of health care for your pets and other animals.
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WHAT SETS US APART
FROM OTHER PLANNED COMMUNITIES?
We are located within 3 miles of the town center. You can go the bank, supermarket, post office, library, eat lunch, and most anything else you need within 5 minutes of home.
Haven Wood Village is on a deed and road only your neighbors will be passing.
In route to town you will cross over the beautiful reservoir lake.
We are fortunately within the city limits of Monteagle yet in natural seclusion. This gives you all the city benefits of city water, police, 911 quick response and the convenience of the post office.
Enjoy all the security and benefits of living in the city limits yet there is no city tax on property.
No long drives down windy roads as interstate 24 crosses Monteagle only 3 miles from Haven Wood Village.
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HOW LOW ARE THE TAXES?
No State Income Tax
The Tennessee income tax does not apply to salaries and wages, but most income from stocks, bonds and notes receivable is taxable.
- Generally, the state's sales and use tax rate is 7 percent.
- Food remains taxed at 6 percent, but candy, dietary supplements and prepared food are taxed at the increased 7-percent rate.
- Local sales taxes also are collected and those rates vary from 1.5 percent to 2.75 percent.
Very Low Property Tax
Personal and real property taxes • Tennessee does not have a homestead exemption. However, there is a property tax relief program for the elderly, disabled and/or veterans. Program requirements may be found at the Tennessee Comptroller's Website.
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WHAT IS THE COST OF LIVING IN TENNESSEE?
It is 17.17% less than the national average.
According to a recent survey by the American Chamber of Commerce Research Association, the cost of living in Tennessee is 17% less than the national average. Tennessee has no personal state income tax, very low real estate taxes, low utility bills, TVA power is inexpensive and low construction costs. There are no personal property taxes, and state sales tax is 7%. County property taxes are approximately $550 per $100,000 of value yearly for property and home.
Low Insurance Rates
Depending on house value usually average $500 - $800 year.
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