Oak Ridge, TN — Uncover the Majesty of ‘The Secret City’
Oak Ridge is a city located in the Anderson and Roane Counties of Tennessee. It is about 30 minutes from the larger city of Knoxville. Today, the city is home to over 29,156 residents.
Though Oak Ridge was established in the late 18th century, it came into prominence in the 1940s. The United States federal government had chosen Oak Ridge as the home base of the Manhattan Project. Its remote location and low population provided the government with secrecy in developing nuclear weapons. As such, Oak Ridge came to be known as “The Secret City.” Despite its controversial beginnings, Oak Ridge has developed into a thriving community.
Visitors will still see remnants of the Manhattan Project such as the old guard towers and graphite reactors, as well as in the K-25 and Y-12 History Centers. However, Oak Ridge is so much more than that today. By exploring what Oak Ridge has to offer, you can easily uncover the majesty of “The Secret City.” There are over 65 miles of hiking and biking trails for nature lovers, as well as easy access to waterways for kayaking, boating, and paddleboarding.
Oak Ridge also has a thriving arts and culture scene. You can experience top-notch performances at the Oak Ridge Playhouse, Ballet, or Symphony. Make sure to head downtown as well to see historic landmarks, delectable cafes, unique shopping boutiques, and more.
The quaint Southern city is known for a high quality of life, particularly because of the many opportunities for work and leisure. The safe neighborhoods and a strong sense of community make the city a draw for families and retirees, while the strong economic opportunities do a good job of attracting young professionals and businesses.
Add to that, Oak Ridge is known for award-winning schools, world-class laboratories, and top-notch healthcare. All these and more make Oak Ridge, TN a very promising place to live in.
Oak Ridge, TN Community Association Management
In Oak Ridge, TN, 62% of residents are homeowners while 38% are renters. Across 10 neighborhoods, homes have a median listing price of $186,400 at $112 per square foot. The local housing market anticipates a 6.5% year-over-year growth. Meanwhile, median rental prices are $780 for a one-bedroom, $1,086 for a two-bedroom, $874 for a three-bedroom, and $1,495 for a four-bedroom property.
Investing in a home in Oak Ridge is a major investment. A lot of homeowners put in the effort to make sure that their property values are maintained. However, not all residents have the time and energy to do so. That’s why new homebuyers gravitate towards HOA communities.
In an HOA, residents can rely on their board of directors to handle the time-consuming aspects of property management — such as maintaining communal assets, contracting vendors, and managing association funds. The HOA board ensures that the community functions well and that residents are happy. For homeowners, this is a major benefit.
However, managing an HOA is not easy. Board members invest the time and energy to learn the inner workings of community association management. Even then, the workload can sometimes be too much for a group of volunteer homeowners. In that case, associations decide to call in the professionals.
An experienced HOA management company like Cedar Management will take over the day-to-day activities of your community. We will handle a wide range of tasks including homeowner communications, vendor management, common area maintenance, accounting, bookkeeping, and so on. In turn, HOA boards have more time to focus on the community’s short- and long-term goals.