One thing to notice is that during the peak year of 2006 the cost per square foot of living space in Edenvale was nearly equal to the average for all of San Jose. The economic downturn pushed the prices of homes in Edenvale down further than the San Jose average.
If Edenvale was a good choice in 2006 it could be an even better choice in 2013.
Homes which are further from jobs, are in bad condition, or a noisy location typically loose value quicker in a economic downturn and are slower to recover. If the economy recovers completely, the home prices will probably also recover.
Top 2 agent nationwide at Keller Williams Realty
Over 30 years experience (and many more ahead)
Over 1,000 homes sold in Santa Clara and San Mateo Counties
Now it appears the price are lower than other neighborhoods. If schools are your concern then it does not have best schools relatively speaking.
You see what is good to one may not fit the expectation of another. I suggest you write down a list of why you want to buy a home, your wants, and deal breakers, and if you don't have a buyers agent set up a consultation and review the list with this agent. Then determine if this agent and you can work together to meet your list of expectations for a home.
Have an amazing day!