There are a few differences between the neighborhoods:
1. Homes in Warm Springs are typically older than in Ardenwood.
Ardenwood has three separate neighborhoods:
i. Forest Park - built in the early 1990's
ii. Ardenwood Proper - built in the late 70's, early 80's
iii. Ardenwood west of the railway tracks - built in the early 90s and currently being built by Pulte homes
2. Lots are larger in Warm Springs because the homes are older.
3. Homes in Ardenwood have features of newer, more contemporary homes, including vaulted ceilings. Many homes are also 2-story properties, vs. 1-story properties in Warm Springs.
4. There are two elementary schools in each neighborhood:
In the Ardenwood area:
Forest Park Elementary - API is 985
Ardenwood Elementary - API is 965
There is a lottery in place for both schools at the present time.
In Warm Springs, there are also two schools, however, children go to one of them (Leitch Elementary) for K-2, then switch to the second school (Warm Springs Elementary) for 3-6. Both Ardenwood schools are K-6.
Leitch Elementary - API is 959
Warm Springs Elementary - API is 978
5. Jr. High and High School scores are higher for Warm Springs than Ardenwood
Ardenwood students go to:
Thornton Jr. High - API is 904
American High - API is 842
Warm Springs students go to:
Horner Jr. High - API is 920
Irvington High - API is 884
6. Warms Springs has a larger merchant base than Ardenwood, meaning grocery shopping, amenities and restaurants are much closer for Warm Springs residents that for those in Ardenwood. Ardenwood residents typically drive further to get to shopping than their Warm Springs counterparts. Ardenwood is close to Union Landing, while Warm Springs is closer to Pacific Commons and the Great Mall. Warm Springs is not only closer to Silicon Valley, it's also closer to Pleasanton and Livermore as well. Ardenwood has direct access to CA-84, the Dumbarton Bridge and the peninsula with all of its benefits.
As for new homes coming on the market in Warm Springs under $950,000 - no one knows for sure. The market is slowing down a bit and more inventory is becoming available, so it's possible.
Great answers below.
I believe the largest advantage of Warm Springs has over Ardenwood is the fact "WS" has a Community Plan covering 850 Acres (focus will be on vacant and undersized properties generally within Â½ mile of the future Warm Springs/South Fremont BART Station that is scheduled to open in 2015.
See conceptual renderings of what that might look like here:
Warm Springs/South Fremont Community Plan website:
Now, the question of the day: How long will it really take to actually manifest?
While the schools are rated somewhat higher in the Warm Springs area, Ardenwood schools are also outstanding. This influences prices, as Warm Springs is more expensive than Ardenwood. Proximity to Silicon Valley is probably also a factor influencing the higher prices in Warm Springs.
Ardenwood is very accessible to the Dumbarton Bridge and northern Santa Clara and San Mateo Counties. It may be less accessible for BART though. The average age of the housing stock is newer than in Warm Springs, which is a more established community.
Due to these differences, you will likely have more to choose from in your price range in the Ardenwood area. The homes may be 20 years newer too.
Best of luck to you,
The schools in the Warm Springs are much better than Aredenwood. In Ardenwood the Elementary school is good, but the Middle and High school arte not too great. In Warm Springs all the Elementary, Middle and High Schools are very good.
Good Schools as Brian states API scores are higher in Warm Springs
Choice of two freeway systems 680 and 880
BART Station (typically has raised property values but it has been in Fremont since opening but this will be a NEW station)
I have found that my client's commuting to the South Bay that can't afford Mission really like the Warm Springs Area some have even ventured just across the border into Milpitas but the school scores are not quite as good from what I have been told by client's
Let me know if I can be of further service now or in the future
First of all, I want to thank Carl Medford for such a detailed answer to your questions and concern about benefits and advantage of Warm Spring v/s Ardenwood in Fremont.
It's so hard to predict the upcoming months activity and listings. But historically around Thanksgiving and Christmas time people don't like to put their property in market. They wait after the first of the year. You will find less inventory in/around the months of November and December.
I believe you have a high chance of getting home of 4 bed 3 bath at/around 950K
My opinion is for buying a prime residence there no better time than now! We still have some inventory of homes to choose from and mortgage rates are still low. Banks are underwriting loans very efficiently with the latest technology.
Good luck to you,