Home Buying in Lake Oswego>Question Details

Richard Ennis, Other/Just Looking in 97005

My daughter just got transfered to Lake Oswego, where I5/217 converge. What neighborhoods do you recommend?

Asked by Richard Ennis, 97005 Thu Apr 24, 2008

they concentrate on. They have two preschool age kids, so schools & parks will be very important. Thier price range is 350-400 and would like 4BR. Husband is handy.

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Hello Richard,
Lake Oswego offers many family friendly neiborhoods. Regarding the I5/217 location is very convenient to the west part of Lake Oswego. Westlake is the area located near the location you are talking about, but the pricing might be a challenge. Excellent schools and parks are walking distance. Some of the neighborhoods do neighborhoods pools as well.

If your daughter would like to work with a broker to find her next home, feel free to contact me.

John Biniewski, CSP
Broker
JohnL. Scott
503-968-3918 direct
503-701-0669 cell
jbiniewski@johnlscott.com
Web Reference: http://www.nworegonrmls.com
0 votes Thank Flag Link Wed May 19, 2010
Tigard area is very very nice. You will get a lot more for your money there then Lake Oswego..... Both good communities.

There are some builder close outs.....
http://www.timberlandhomes.net/gage.html

And Here too...
http://www.timberlandhomes.net/cos.html

These are some of the best buys in the area with financing being offered by the lender for 3.87% fixed and 4.875% fixed,'
Best wishes and let me know what you need.

Dirk
Web Reference: http://www.theknudsens.com
0 votes Thank Flag Link Sun Feb 28, 2010
Hi Richard;
Lake Oswego offers many family friendly neiborhoods. The I5/217 location is very convenient to the west part of Lake Oswego. Westlake is probably the most note worthy, though pricing may be a challenge. Second would be in Lake Grove area in the Waluga area. Excellent schools and parks are walking distance. Some of the neighborhoods do offer neighborhoods pools as well.

If she would like to work with an accredited buyers agent, please forward my contact information, or visit my profile here on Trulia.

Regards,
Roberta Nopson
503-495-5231
0 votes Thank Flag Link Wed Jul 22, 2009
Does your daughter have any children? If she does Westlake in Lake Oswego is a sought after neighborhood close to schools and parks. What is the price range she is looking in and what does the home need to offer? I help buyers and sellers in Lake Oswego so I am very familiar of the area. If you would like some help please feel free and call. Traci Schumacher 971-226-8018 Thank you.
0 votes Thank Flag Link Tue May 20, 2008
Lake Oswego is a great place with lots of great neighborhoods, but many of the homes are priced above $400,000. There are also lots of great neighborhoods within reasonable driving distance of Lake Oswego. The communities of SW Portland, Tigard, Tualatin, West Linn, Wilsonville and Oregon City all have nice homes in the stated price range with good schools. However, different schools in these areas are good in different aspects. The best way to find out more information on the schools is to check out the schools' web sites and the web sites of their districts, then call and talk to principals for the schools and districts that interest you. Also, your daughter should make sure to personally visit the schools she likes before she makes a decision to move to that school's area. (Though keep in mind that school districts can change their individual schools' attendance areas.) My own web site has links to all these, plus school and district reports from the Oregon Department of Education, on the site's Schools page: http://www.nwhomepro.com/schools.htm

If there is any specific information your daughter would like about schools or communities, feel free to e-mail me with your questions.

Best wishes... Craig
0 votes Thank Flag Link Wed Apr 30, 2008
Please have your daughter check out my listing at 16443 SW Lake Forest Blvd, Lake Oswego, ML# 8014999. It's priced at $392,000, which is hard to find in Lake Oswego.
0 votes Thank Flag Link Wed Apr 30, 2008
The SW area of Portland has a wide variety of neighborhoods to choose from. The wonderful thing about Portland is that the neighborhoods all have a different "feel" to them giving them their own identity. Depending on what is important to your daughter and her family, there are several recommendations.

Schools - You can't go wrong in any of the towns in the area your daughter will be working in - but granted some are stronger than others. Have her visit the Oregon Dept of Education for school report cards. http://www.ode.state.or.us/search/results/?id=116

Home prices - its a great time to buy in Portland. Prices are low - interest rates are great. Lake Oswego, is a very nice area however it is one of the most expensive suburbs in regards to price/sq ft. Buy in a town just south of it and she'll bet a better $ value with equivalent communities and lifestyle. West Linn & Wilsonville - great communities - fantastic school and still convenient to work is a top recommendation.



Cricket Forsey
Keller Williams Realty
http://www.portlandneighborhoodmatch.com
503.515.1217
0 votes Thank Flag Link Tue Apr 29, 2008
Another few areas to consider outside of Lake Oswego would be Tualatin, Sherwood, or perhaps West Linn. These areas offer good schools and more home for the buck in cases. If your daughter and her husband would like to receive a list of some possibilities I would be happy to send them. Since your son-in-law is handy they will get a better bargain if they are willing to make a few updates.
Web Reference: http://www.jamesjwhite.com
0 votes Thank Flag Link Thu Apr 24, 2008
Hi Richard:

Well, I am biased because I was raised in Lake Osweg and now live and work in Lake Oswego as well. It is a great town with lots of civic resources: public art and music, an award winning library and schools, and a Farmer's Market and parks. (To see more of what is happening around town, check out the City of Lake Oswego website: http://www.ci.oswego.or.us/.) For all those reasons, it is a sought after place to live and prices are a little higher for homes that you'd find for comparable homes in some surrounding areas. However, at the $350-400,000 price point, I know that your daughter and her husband could find something that would work for their family and commute.

The neighborhoods that I think would have the most matches are Westlake, Lake Grove, and River Grove. Westlake is nestled north and east of where 217 and I-5 connect a little ways from the main artery - Kruse Way. That is a comparatively new area (built from 1980 to ~2000) with Oak Grove Elementary School and one of the main Parks & Rec fields at its center. Lake Grove is a little older area (build from ~1950-1980) that is undergoing gentrification (aka tearing down and new construction) in some of its parts with new homes on the high side. Some of the kids there go to Lake Grove Elementary and some go to River Grove. Lake Grove is one exit South on I-5 of the 217 interchange. River Grove is a small neighborhood with a big sense of identity. These are a typically a little older homes (1950-70), many on big lots. These kids go to River Grove Elementary and it is two exits South on I-5 from the 217 interchange.

Other neighborhoods that might have some matches are Palisades - attending Palisades Elementary - and would require about 10 minutes to drive East to get to I-5. Hallinan (feeding to Hallinan Elementary) would also have some matches but that is about as far East as Lake Oswego goes and would take about 15 minutes to get to I-5. Note that these neighborhoods aren't that far distance-wise to the main commute routes. You are just driving through residential areas with stop signs and lights and a town with a lake in the middle of it with no bridge. From the southernost on ramp, I can get to downtown Portland in under 17 minutes without traffic. With traffic, it depends on where you need to be - which side of the river and what time of day. Note: Oregonians tend to measure distances in minutes not miles - so don't be surprised if you ask how far it is to Mt. Hood and you hear, "Oh, about an hour and a half." :)

Someone mentioned taxes in their reply. Lake Oswego in general does have higher taxes than some other towns. However, most of Lake Oswego is in Clackamas County which is considered less expensive than Multnomah and Washington Counties. Also, a number of matches in Lake Grove and River Grove could be county lots - look for big lots and possibly septic instead of public sewer and you might see lower taxes.

I have some resources that I am happy to offer your daughter. First, I have a web site that she can log in to at http://www.kate-myers.com. It is great because you can sign up for a search that breaks the listings down by neighborhood matching the price range you've given. The neighborhoods are defined as the people in them think of them. e.g. The Westlake subdivision, or North from the shore of Lake Oswego to Boones Ferry Rd,, East to Bryant and west to the train tracks. You can add and remove neighborhoods at anytime and see where they land on the map next to major roadways.

Second, there is a great annual review that comes out from Portland Monthly Magazine. That article, in addition to some websites, provide excellent rankings of all the public and private schools in the area. Lake Oswego's are consistently at the top of the list across the board. Other areas, like Tigard, Tualatin and West Linn, also have some high marks but may have some schools out performing other.

Last, all of my clients recieve my buyer's binder which takes them from the start of the search to the end of closing. This helps organize things and provide a preview of all the forms we typically use in Oregon. I'm not sure where they are moving from, but the process could be a little different here than in other states.

Please let me know if I may be of assistance with any of those resources. They can get started on their own at http://www.kate-myers.com without even calling me. I won't bug them except once to make sure they know about some of the sites advanced features. (Also, if they'd rather not get an email daily, but would like it once a week instead or want to narrow down the search parameters, I can do that on my end). Then, they are free to look at long as they wish until they request some assistance.

Hope these answers were helpful. Good luck with everything.

Cheers,
Kate Myers, Realtor, GRI
Coldwell Banker - Barbara Sue Seal Properties
503-675-4712
katemyers@cbseal.com
Web Reference: http://www.kate-myers.com
0 votes Thank Flag Link Thu Apr 24, 2008
If your Going to Lake Oswego are you paying to go there or needing to be in District??

Jess is spot on.

Lake Oswego is spendy and you will be in Lake Grove which is a great area for that price range.

If you are out of district and drive well now the area is wide open. A little more info would go a long way towards helping me to help you!

Thanks;

Dirk Knudsen
Re\Max Hall of Fame
#1 Rated Re\Max Team in Oregon
503-799-8383
Web Reference: http://www.nwhomcenter.com
0 votes Thank Flag Link Thu Apr 24, 2008
Hi Richard. I lived in Lake Oswego until fairly recently and now live a couple miles away in West Linn. The area is incredible. Very beautiful. Top notch schools. Etc. Of course, the real estate prices are also a big higher than in some other parts of Portland Metro. The good news is that Clackamas county (which included Lake Oswego) has much lower taxes than Multnomah county, where Portland city is.

You can still find 4 bedroom homes for 400k in Lake Oswego, mostly in the Lake Grove portion. Unlike some other parts of Portland Metro, with Lake Oswego you won't need to be as specific on "neighborhood". All the neighborhoods are wonderful and all enjoy award winning schools. Lake Oswego is a smaller suburb, already. So you'll just want to focus on finding a home that meets your criteris. Alternately, I'd suggest West Linn. You'll have more options at that price, but you'll still have an incredibly beautiful location, award winning schools, etc.

If you'd like, I can set you up with a search tool that will allow you to search by neighborhood. I can set it up for you so you can see neighborhoods I think you'll like in Lake Oswego, West Linn and, possibly, some other ares. It's extremely easy to set up, free, and completely free of obligation. Just let me know and I'll set it up.

Email me at jesse@therealtynetwork.net or call me 971-219-4939.

Thanks, Jesse
0 votes Thank Flag Link Thu Apr 24, 2008
That particular area makes for a very convenient commute location. From there, you have a bunch of options within 15 minutes.

South on I5 you have neighborhoods in Tualatin to think about. Cross over I5 to the west and several neighborhoods in Tigard could fit the bill (Bonita, Riverview, Summerlake, Mountainview). North, you'll have areas in SW Portland (Multnomah, Ash Creek, Metzger, Garden Home).

Lake Oswego proper, for a 4-bedroom home, will have but a few options.
Web Reference: http://www.repdx.com
0 votes Thank Flag Link Thu Apr 24, 2008
Of course Lake Oswego itself is a fantastic area, but a little on the spendy. However, since your husband is handy with a hammer it may not be out reach in your price range. Another area close to I-5 and 217 in West Portland. With neighborhoods such as Multnomah Village and Raleigh Hills you can't go wrong. If you would like a list of available properties that meet your specific criteria or would like to chat in detail about neighborhoods please feel free to contact me. About 50% of my client base is from out of the area, so I can make this transition very pleasant.
0 votes Thank Flag Link Thu Apr 24, 2008
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