Burn Zone?
I believe that the title above will be THE question that Gatlinburg real estate buyers (and vacationers) will learn to ask when inquiring about a property. The fires have eliminated 2,000 plus structures, and that has obviously reduced an already diminished real estate supply. In fact, the current supply of homes county wide is very tight, with very few well priced quality homes available. Because of this, there is renewed interest in new construction and the lots with homes which were destroyed by the fire are the subject of a lot of discussion. Without a doubt, a good view is THE most important key to how well a Smoky Mountain vacation rental property performs, so these sites are potentially very attractive. It is important to note however that some areas such as Chalet Village North were SO decimated that even the handful of houses that didn't burn will be impacted by the fires. I doubt that vacationers will like the idea of staying in a home surrounded by uncleared burn site...