Your stated budget will also stretch to a lot of condos or townhouses in those areas.
Your first step, if you have not already done so, is to get approved for a mortgage. I can recommend a quality lender if you need a referral.
- you'll have a shorter commute
- you'll be able to get newer architecture, often lighter & brighter, better use of space, high ceilings, etc..
- you won't have the time or financial cost of maintaining a larger yard, perhaps no yard
- you might be able to live within walking distance of a downtown with entertainment, dining, farmers market, etc.. and that life style may be very appealing to you
On the downside $350 to $600+ a month may have to go to the Home Owners Association, if those $'s were going to a mortgage instead, you could buy $50k to $80k more home at the same monthly cost of housing.
Your sharing your thoughts about these matters is key to my being able help you find the best home for you.
Please reply here or to me directly. Thanks!
There are 6000+ Realtors in Santa Clara County alone. As with any occupation, law, medicine, etc... all Realtors are not equal in experience, skills, training and effectiveness. Take the time to learn about a few Realtors and interview a couple. Hire the best. Why not?
Let's go find and buy your home at the lowest possible price and with the best possible terms and conditions.
Single Family Homes prices in Santa Clara county are based on location. The further south you go from Cupertino the lower the prices go. Since Morgan Hill and Gilroy is out for you, Alum Rock, Burbank or Central San Jose may have prices fitting your budget.
If a condo or town house is acceptable you will have no problem buying close to Cupertino.
As an aside, how did you come up with the $500k number. Are you aware of the multiple 1st time buyer programs in Santa Clara County? These might well allow you to increase this number for no additional monthly expense.