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Neighborhood Features That Boost Resale Value

Shannon Buying a Home , Featured Articles , Historic Homes , Neighborhoods , Real Estate Leave a Comment

 

What To Look for In A Neighborhood?

* Some Features Help Boost Value *

When you’re looking at homes for sale, certain factors may be at the top of your list — whether they are large walk-in closets, a gourmet kitchen, or a private backyard. But beyond the details of the house itself, your potential new home’s neighborhood will most likely be high on your list (location, location, location!).

Maybe it’s a community pool, the nearby beach, biking trails, or walkability to the elementary school and grocery store. Or maybe it’s the overall curb appeal of the neighborhood. Who doesn’t want a neighborhood that’s aesthetically pleasing?

When considering neighborhoods, here’s a list of the features that not only satisfy your home-buying checklist but also boost your resale and property value in the future:

Walkability

Yes, it seems as if we drive or take public transportation everywhere these days. But the truth is, there’s something about being able to walk out your front door and head down the street to the grocery store or local coffee shop that not only appeals to potential buyers but also boosts your resale value significantly.

In Long Beach, neighborhoods like Belmont Shore and Belmont Heights, which allow for easy access to numerous restaurants, coffee shops, and stores, are consistently very popular. Other neighborhoods, like Rose Park, Carroll Park, and Bluff Heights, have benefited from the increased popularity of business districts like 4th Street Retro Row or the Broadway Corridor. Similarly, old town Seal Beach and The Hill neighborhoods offer incredible walkability and are highly sought after areas.

Walkable neighborhoods in Long Beach CA

Buyers look at a neighborhood’s Walk Score and factor that in, so even if you’re not a walker, it’s important to consider for future resale value. Overall, Long Beach has a lower Walk Score than that of some of the city’s neighborhoods.

 

Amenities

In some newer developments, homeowners have access to pools, fitness facilities, and other amenities that can help boost a home’s resale value. In older, more established neighborhoods, you’ll still have access to community facilities such as parks, tennis courts, golf courses, and recreation facilities. If you like lawn bowling, tennis, and golf, for example, being near Recreation Park  in Long Beach would be very convenient for you to pursue all your hobbies.  Check neighborhoods to find out how convenient they are to amenities you consider important.

neighborhoods

Historic charm

The architectural character and historic charm of a neighborhood can help boost its resale value. In Long Beach, for example, California Heights is known for its beautiful Spanish style homes, while Belmont Heights is home to many great Craftsman bungalows. Long Beach is home to 17 historic districts.  Other cities throughout Southern California also have some very charming historic neighborhoods. If you are interested in a particular type of architecture, ask a local Realtor for some suggestions on where to look.

Long Beach neighborhoods

Unique homes

Not everyone wants to choose from the four models a builder offers — and only those four models — which is why neighborhoods that offer you the choice of semi-custom or custom homes sometimes have a better resale value than ones that don’t. For example, Park Estates, Lakewood Village, and Naples are all Long Beach neighborhoods that feature custom homes and they are all highly desirable.

custom homes in Long Beach

 

Schools

It almost goes without saying that if a neighborhood is located in a great school district, it immediately boosts a home’s resale value. We hear from clients frequently that they want to be within the attendance boundary of a particular school. Some schools, like Lowell Elementary, Minnie Gant Elementary and others, have extremely high ratings. There are other great schools to consider, however, and it’s important to consider what If you’re not sure about a school’s rating or which school serves a particular area, that information is just a few mouse clicks away.

Long Beach neighborhoods

Where to Find More Information on Long Beach Neighborhoods

If you’re considering a move to Long Beach, The Shannon Jones Team has compiled comprehensive information on neighborhoods throughout the city. You can find it here on our website. You can also find information on surrounding communities including Seal Beach, Cypress, Huntington Beach, and more.  Have a question on a particular area? Fill out the contact form below and we’be be happy to help.

Contact Form

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

 

 

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