Arkansas Real Estate in the Memphis Suburbs
According to the 2000 Census, Memphis is the 17th largest city in the United States and its close proximity to the state of Arkansas means that it can affect Arkansas real estate prices just as easily as it effects real estate prices in its own state, Tennessee.
The greater-Memphis area stretches into Northern Mississippi and to parts of Tennessee both east and north of the city, but the western border of Memphis is the Mississippi River which divides Memphis from Arkansas and some of the great suburban-Memphis areas that make up east-central Arkansas.
These Arkansas suburbs, cities such as West Memphis, Blanton, and Mound City; offer residents a suburban-type environment, with more land privacy available, while still being in close proximity to Memphis proper. West Memphis, the largest of these cities, offers real estate in Arkansas that feels like Tennessee real estate, but without the burden of high city taxes.
Shelby County where Memphis located, for instance, passed funding recently for a new NBA arena for the Memphis Grizzlies. The residents of West Memphis (being in another state, let alone another county) can still benefit from the team’s presence, but without the added burden of raised taxes.
If you are looking into buying real estate in the Memphis area, think about your personal preferences and consider the Arkansas suburbs as an alternative to the city of Memphis itself. There are tons of Arkansas realestate options available throughout the state as well.