Posted Wednesday, May 13th, 2020 by Wendy Provence
4926 Greenway Ave. is a new construction project in the heart East Memphis. Considered to be an economic and residential power house, the community known as East Memphis is home to many of the area’s premier law firms, banks and investment firms, private schools, well-established churches and synagogues, restaurants and shopping venues, and some of the most expensive real estate in the Memphis area. Homes in East Memphis are highly sought after and thus continually maintain strong property values.
We purchased 4926 Greenway at a cost of $225,000. There was an existing home on the property, however the value was in the land itself. We demolished the existing structure and are constructing a new custom home in its place. This new home has approximately 5,000 sf with 5 bedrooms, 5 baths, formal and informal living and dining spaces, a media/play room, and outdoor living area. Construction should be completed late Spring 2020. We anticipate a list price in the mid-$900’s.Be Social: