A forum like this is not the place to get accurate pricing opinions. Realtors are prevented from giving valuations here by our code of ethics and consumers usually donâ€™t have adequate access to pertinent data to provide a meaningful assessment.
As Meena suggested, make sure you are working with a local Realtor who knows the area and can provide you with meaningful comps.
As for your initial question, â€œWe want to know how much appreciation is possible in this area after 5 years?â€, That is, quite frankly, an impossible question to answer. We can make short terms projections based on past market history and current economic conditions, however, to project much further out would be pure conjecture. All long term forecasts Iâ€™ve seen state a recovery out past 2013. Even then, Fremont is so segmented it is hard to accurately predict one specific area with any degree of certainty.
I CAN tell you that the Forest Park section of Ardenwood has historically maintained itsâ€™ values better than other areas due to the outstanding school scores of Forest Park Elementary. However, the scores are also a bit of the problem with this area: there is currently no guarantee that if you buy here, your children will be able to attend Forest Park. The popularity of the school means there is a waiting list and as a consequence, there is also a lottery system in place.