Hello,
I grew up in this area and have many fond memories of the parks and neighborhood. If you are not already familiar with it, take some time to drive around the neighborhood...My family still lives there.
Absolutely! This is currently one of the hottest areas in sales on the low end. I have worked in this area for many years and there are some terrific buys both in the low end and the high end.
If you want a home for yourself you can get a 2000 Sq ft home on the hill near the San Jose Country Club for 560K to 650K. these are homes in good condition and in great areas some with views and large lots. These home sold a couple of years ago for 800K and up! However there are very few at this price.
If you want an investment property then look at some of the 300K homes that are getting multilpe offers right now. They perviously sold for 460K-600K and the prices are currently raising because of the demand and the multiple offer situation. For these be prepared to compete with other buyers. And don't wait, the good ones are selling fast.
Call me if you'd like to see some of these deals! I know where they are.
Hope this helps,
Joy
408.272.9188
The simple answer is yes. Any home you're going to buy as a home owner is an investment. If you're going to buy, there should be a reason for selecting an area. Schools, close to business, near a friend or relative, more sq footage in the home verses other areas, valley views, after you determine that, you focus on the area. So the people who buy in the area you identified, have a reason. The only differences in areas can be prices, if one area is priced less than one area, then when it sells, it'll probably be the same situation. Another thing to consider is when it comes time to sell, whatever the real estate market is like is going to affect your home. Finally, the most important thing is to maintain the home in good condition and don't spend a lot of money out of proportion with the rest of your neighbors.
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