Is Easton Addition or Ray Park more favorable in terms of resale, neigborhood?

Sharon
Home Buyer
Belmont, CA

We're looking into moving into Burlingame (from Belmont). We're concerned with schools and neighborhood (we have two young kids). Of course we're concerned with equity growth as well. Is easton addition or ray park more favorable?

Answers (3)
Denise Laugesen
Agent
Hillsborough, CA

Sharon

Both neighborhoods are great, safe and share the same award winnning schools, Ray Park typically has smaller lots and is a newer developed area, , when getting data on sales prices, Easton addition sales will reflect a higher sales price. If you look at brand new homes that have been built, same square footage and bedroom count, Easton addition always gets a higher sales price. I know, I built a home in Ray Park and have built homes in Easton Addition, the sales price of the home I built in Ray Park was around 100,000 to 150,000 less than what the home would have sold for in Easton Addition,. . The neighborhoods feel different, Easton Addition has more charm and has been considered more desirable by buyers. You get more for your money in Ray Park, all depends on what is important to you.

Good luck to you, if you want any further information, feel free to contact me anytime.

Denise Laugesen

Cashin Company
#1 Top Producing Agent

Direct Line: 650-403-5225
Cell 650-465-5742
Web: http://www.deniselaugesenteam.com

Tue Sep 1 2009, 20:36
Lenore Wilkas
Agent
Burlingame, CA

Both are great family neighborhoods. The northern part of the Easton Edition sends elementary children to Franklin School. Ray Park sends some there and some to to Franklin and some to Lincoln. All of the schools in Burlingame are highly rated. Property values hold in Burlingame because of the schools, weather, commutes and charm of the city.

Wed Aug 19 2009, 18:33
Raziel Ungar
Agent
Burlingame, CA
FIRST ANSWER

Ray Park and the Easton Addition are both excellent neighborhoods. Ray Park has Franklin Elementary and the Easton Addition has Lincoln and Roosevelt, which are three of the top schools in Burlingame. Schools are walking distance too in each of these areas. While Ray Park is mostly ranch-style one level homes, and the occasional larger two story, the Easton Addition has more of the classic look that many Burlingame buyers look for, with its tree lined streets and old world architecture feel. You can generally save up to a couple hundred thousand dollars by buying in Ray Park over Easton - it just depends on your preference on neighborhood feel and if it is more important to be closer to Broadway and The Ave or Millbrae and easy 280 access. The same house in the Easton Addition and in Ray Park would appreciate slightly faster in the Easton Addition (and in Burlingame Park, just off Burlingame Avenue). The most popular street in Burlingame for trick-or-treating is arguably Cortez...parents put out heat lamps and sip wine, and every house is decked out - and it's in the Easton Addition. Having grown up in Burlingame, I can honestly say both areas are great options. Good luck to you.

Raziel

Tue Sep 2 2008, 20:38

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