http://www.SunnyvaleHouseFinder.com will also show you my peppermint tree terrace sale which is perfect comp
So it really depends on what you are looking for. Does the value come in the specific city and community, or does the value come in getting more space for less money in a comparable area withing a reasonable driving distance. Only you can answer that question.
Steve Mun Group
Evelyn Glen is a great community, you should definitely consider making an offer.
Let us know if you need any help.
One makes money in Real Estate by buying and holding over time:
Sunnvale Condos and Single family homes.
Clearly, last year at this time would have been better, but today is as good a time as any.
Do you think you might have kids soon? If so, you may want to also consider buying a smaller place in a better school district, such as the Stocklmeir Elementary/Ortega Park neighborhood. I've seen Stocklmeir Elementary climb up the ranks year after year. Lots of educated, tech-savvy people have moved into that neighborhood over the years, which has helped boost their schools API.
On the other end of the spectrum, if you don't plan on having kids for a while and want a brand new townhome and can afford $800k and above, then you may want to also consider 37 Degrees North. The tradeoff with the brand new home is that it costs more and the neighborhood isn't quite as residential as the other choices.
Evelyn Glen is a great development. Unless the home is in one of the less desired locations it will most likely get multiple offers and sell over the listed price, as most of the Sunnyvale condo/town homes are right now. The proximity to down town is a real plus and the schools are popular, so there will probably be a lot of competition. It seems as if the market is very insane now, but I expect homes to appreciate as long as there continues to be high employment and high stock market values. since it is impossible to know conditions in 7-10 years there is no way to know what the value will be then, but the over all trend for this area has been up, with a few exceptions like from 2008-2010 or in 2001.
Keller Williams Realty
When thinking of buying a home a buyer should first focus on does the home fit their needs, wants, lifestyle, and budget. Buyers confuse themselves when they move from buying as a primary resident and focus on investment (resale). Location always plays a part in both scenarios.
Our current real estate market has been on an up swing for the last 12 months and providing nothing MAJOR happens, all indicators predict this market to continue. If you have not written any offers yet, you may be surprised to find that other buyers are not focusing on comps because the competition is fierce and closing prices don't support the comps.
Good luck in your goal to home ownership.
Best wishes to you and your family Appa.
Another feedback I am seeking is about crime and safety in this area. Trulia's crime heat map shows green around the area. But would be helpful to learn more from people who have lived in Sunnyvale for some time.