How Does Your Home’s Location Affect Its Value?
You probably hear this all the time, “Location, location, location.” It is a popular catch phrase for real estate agents and buyers alike. The problem with this phrase is that you may not be sure what it actually means to have a good location. Today we’re going to be going over some of the things that matter when thinking about the location of your new home and its value. Let’s take a look!
Your home’s value is important.
When you’re looking at houses, you need to take time to examine the area around them. Do they have large lots? Are the neighborhoods pleasant and safe to live in? How close are schools, hospitals, and fire departments? Though it is good to be close to these things, you should be careful with these essential services being too close as they tend to be very noisy places. A good location also has decent amenities like grocery stores and restaurants without having to drive a long distance. These are the kinds of questions that you can answer that will help determine the potential quality of life for your potential homes.
As you determine the quality of life for your potential homes, you need to start thinking about your home as an investment. Homes can depreciate in value or increase over time depending on a variety of factors. Having a lot of development in your area can be great for your home’s value down the line as well. The centrality of your location will also affect your home’s value. Homes in cities, for example, tend to be placed at a higher price than homes in the suburbs. Though you would be getting less land, you would be getting a lot more amenities. It’s a payoff that you should keep in mind as you consider buying a house.
WHY Fresno Metro Area
Fresno is an agricultural and minor banking and financial center for the San Joaquin Valley, the southern half of California’s famed agricultural Central Valley. Agriculture and some light manufacturing round out the private employment picture. The California State University at Fresno, or “Fresno State,” adds some college-town life including sports and arts activities, but it doesn’t have much influence on the look or atmosphere of the town. The city core, once neglected, has been renovated and some projects are still underway. A few nice older neighborhoods spread north, but much of the rest of the area could be described as “functional” and not very interesting, and some are downright gritty.
The unemployment rate in Old Fig Garden is 9.4% (U.S. avg. is 5.2%). Recent job growth is Positive. Old Fig Garden jobs have increased by 2.33%.
COST OF LIVING
Compared to the rest of the country, Old Fig Garden's cost of living is 24.90% higher than the U.S. average.
Old Fig Garden's population is 5,186 people. Since 2000, it has had a population growth of 5.00%. Learn More...
Average Commute time is 20 minutes. The National Average is 26 minutes.
The median home cost in Old Fig Garden is $345,000. Home appreciation the last 10 years has been 7.82%. Check out the homes in the area or Find top agents in Old Fig Garden
Old Fig Garden public schools spend $10,767 per student. The average school expenditure in the U.S. is $12,383. There are about 24.2 students per teacher in Old Fig Garden.
Housing Market in Old Fig Garden
It's a good time to buy in Old Fig Garden. Home Appreciation is up 7.8% in the last 12 months.
4688 N Thorne Ave,Fresno, CA 93704
FOR SALE: $362,500
Look no more! You can live in this immaculate, renovated home in the Old Fig Garden Neighborhood just walking distance to Fig Garden Village and Christmas Tree Lane. This stunning and spacious 4 bedroom 3 bath home features a refreshing pool with resort like backyard perfect for entertaining in the summertime, owned solar panels, newer tile floors and laminate wood flooring throughout. Also features granite counter tops, stainless steel -high end appliances, a secluded master suite with bathroom that is privately set away from the other bedrooms which can be used as a in-law attachment or separate living quarters. An over sized lot with a park like setting, an outside fireplace, RV parking set up, security gate and much more. Don't wait, you have to see this beautiful home for yourself!
OPEN HOUSE :
DEC 30TH, Sunday 1:00pm - 4:00pm
Invite your friends and family...come and join us for some refreshments and get the chance to view my Home Sweet Home & Meet other Members of our Community.