Home Buying in Sacramento>Question Details

Jen M, Other/Just Looking in 95816

Where is the best place to buy a single-family home with $250,000??

Asked by Jen M, 95816 Sat Jan 5, 2008

I am looking at moving back to Sacramento. I use to live (rent) in East Sac and would love to move back there, but I know that I don't have the kind of funds needed to buy in that neighborhood. What are some good neighborhoods to look in for a single person who wants a single-family home but only has $250,000 to spend??

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There are two excellent neighborhoods near the city core of Sacramento where I take buyers who want to purchase a home for less than $300,000. The first is Rosemont, very close to Sac State, near Watt and Folsom. The neighborhoods in Rosemont vary but you can find a fabulous 3/2 in your price range there. The second is South Curtis Park, which is south of Sutterville, West of Franklin. I like these two neighborhoods to such an extent that I've been putting in offers for investments there. The clients who purchased homes in these areas report they are very satisfied with their purchases and plan to stay long term, which speaks volumes about the neighborhoods.

As with any area, you should work with a professional who knows the boundaries of these neighborhoods and can share with you specifics about each area because they have good and not-so-nice areas in both of them. Your best bet it to call the local police departments (or look online) to study the crime statistics, but even better, walk the neighborhoods toward dusk and talk with neighbors to get a good feel. Drive by later in the evenings and on weekends. When you're ready, contact a neighborhood specialist for more information.
1 vote Thank Flag Link Mon Jan 7, 2008
You will have a lot to choose from at the $250k level. Unfortunately, east Sac, midtown, Land Park, etc. will be slightly out of your reach unless you are happy with an extreme fixer that is more or less uninhabitable. My last three buyer transactions were all under $200k if you can believe it. All three of my clients were first time buyers. A few suggestions for areas are parts of the Arden area, Carmichael, Citrus Heights, Antelope, Orangevale, the City of West Sac, Tahoe Park, Hollywood Park, Colonial Village, etc. You will have a lot to choose from...feel free to contact me with any questions.
Web Reference: http://www.erinattardi.com
1 vote Thank Flag Link Sat Jan 5, 2008
Erin Stumpf, Real Estate Pro in Sacramento, CA
MVP'08
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I will be listing a home in Barrett Hills neighborhood of Carmichael (near Winding Way and Manzanita at that price next week. 3/2 2 car garage. 1600 square feet. Email me if you want a sneak preview.
0 votes Thank Flag Link Thu Mar 4, 2010
Jim Walker, Real Estate Pro in Carmichael, CA
MVP'08
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In addition to what others have said, it's a bit further afield, but Elk Grove has a LOT of single family homes in the $250 range right now. A scary amount, actually. But you can get a lot of house for the money.
0 votes Thank Flag Link Wed Jan 16, 2008
You might want to consider getting a 1/2plex or townhome closer to the area that you are interested in living rather than conpromising because you'll find that you will constantly be traveling to those areas anyway. I have clients who moved from Folsom to El Dorado Hills only to move back to Folsom 2 years later because they realized that they enjoyed the amenities which EDH didn't offer. I would encourage you to analyze your lifestyle and see how not living in that area will impact your life. Good luck
0 votes Thank Flag Link Mon Jan 14, 2008
Answer to your question is a brand new home - you'll get a new home in brand new subdivision & that would be a great start! New homes in your price range - I can help you negotiate with the builders. Cheers Email me - ronil.dwarka@elitenorcal.com
Web Reference: http://www.UsaHouseBuy.com
0 votes Thank Flag Link Sat Jan 12, 2008
Erin points you to some very good possibilities for your price range. I would add Woodlake and Hagginwood in 95815 zip code to the list. These are nice little neighborhoods in a zip code that is otherwise avoided by many buyers and their agents. ( that keeps the prices low )
0 votes Thank Flag Link Sun Jan 6, 2008
Jim Walker, Real Estate Pro in Carmichael, CA
MVP'08
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