Newport, TN — A Quaint Town That Exudes Southern Hospitality
Newport is a small, quiet town in Cocke County, TN. Located along the shores of Pigeon River, it is home to over 6,800 people. Newport was established in 1799 after John Gilleland and his family donated 50 acres of land. However, the town relocated in the 1860s to make way for the Cincinnati, Cumberland Gap, and Charleston Railroad.
Though a lot of things have changed, Newport has maintained its charming, small-town appeal. With no traffic jams and delays that you’d typically see in bigger cities, life in Newport is very quiet and relaxing. The friendly residents of this centuries-old town also exude Southern hospitality so visitors always have a pleasant and enjoyable stay in Newport.
No matter your interests, you can easily find plenty of activities to do in Newport. Outdoor enthusiasts can explore the scenic wilderness while others can check out the downtown scene. You can see historical exhibits at the Newport Cocke County Museum, imbibe legal moonshine at the Copper Liquor Moonshine Distillery, or shop for collectibles at Newport Marketplace & Antiques.
Aside from a slower pace of life, Newport also has a lower cost of living compared to other places. As such, a lot of homebuyers will be happy and comfortable living in this quaint town.
Newport, TN Community Association Management
In Newport, TN, 50% of residents are homeowners while the other half are renters. Across 20 neighborhoods, homes have a median listing price of $169,900 at $107 per square foot. The local housing market is estimated to have a 14.4$ year-over-year growth. Meanwhile, rental prices range from $396 t0 $533 for one-bedroom and two-bedroom properties.
Given these values, a home is a major investment for most Newport residents. That’s why a lot of new home buyers prefer to live in neighborhoods with homeowners associations. An HOA community is governed by a board of directors, who ensure that property values are maintained. They take care of shared assets like the swimming pool, fitness center, and clubhouse, as well as ensure that day-to-day operations are running smoothly.
However, running an HOA community is not without its challenges. Board members don’t always have the expertise to manage the different aspects of community association management. Having to juggle many hats — including their personal and professional lives — board members may not have enough time to focus on the intricacies of HOA operations.
This is where Newport HOA management comes in. A professional company like the Cedar Management Group can provide essential support to communities in need. We have experienced and certified managers that can take over daily activities to protect the financial interests of the entire community. Board members also benefit from lighter workloads, enabling them to focus on bigger community goals and projects.