Neighborhood Features That Boost Resale Value

Neighborhood Features

When you’re looking at homes for sale, certain factors may be at the top of your list. This could include a large walk-in closet, a gourmet kitchen, or a private backyard. However, beyond the details of the house itself, your new home’s neighborhood will most likely be high on your list. There’s a reason why “location, location, location” is a classic real estate mantra! Neighborhood features can mean a beach nearby, biking trails, or walkability to the elementary school and grocery store. Or maybe it’s the overall curb appeal of the neighborhood. After all, who doesn’t want a neighborhood that’s aesthetically pleasing?

When considering where to move, here’s a list of neighborhood features that can boost your resale value in the future.

Walkability

Yes, it seems as if we drive or take public transportation everywhere these days. But 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. This not only appeals to potential buyers but also boosts your resale value significantly.

In Long Beach, neighborhoods like Belmont Shore and Belmont Heights allow easy access to numerous restaurants, coffee shops, and stores. Consequently, these neighborhoods 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 and the Broadway Corridor. You can take a tour of Retro Row and see its walkability in the video below! Similarly, old town Seal Beach and The Hill neighborhoods offer incredible walkability and are highly sought-after areas.

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 walkability an important neighborhood feature for future resale value.

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 may still have access to community facilities such as parks, tennis courts, golf courses, and recreation facilities. For example, say you like lawn bowling, tennis, and golf. Then living near Recreation Park in Long Beach would be very convenient for you to pursue all your hobbies. Or, if you like water activities, you may want to live in Alamitos Heights near the marina.

Check neighborhoods to find out how convenient they are to amenities you consider important. For tips on how to figure out what neighborhood is right for you, you can watch our video HERE.

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. In all, Long Beach is home to 18 historic districts. Each one is extremely popular and historic homes are high on many buyers’ neighborhood features list. As real estate agents, we often get asked what the best neighborhoods are for buying historic homes. So, if you are interested in a particular type of architecture, ask us, or a local agent in your area, for some suggestions on where to look.

Unique homes

Not everyone wants to choose from the four models a builder offers which is definitely the setup in some Long Beach neighborhoods. Therefore, 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. While they have unique homes in common, each one offers different neighborhood features and they are all highly desirable.

Schools and Home Value - Stanford Middle School in Long Beach, CA

Schools

It almost goes without saying that a neighborhood in a great school district, immediately boosts its homes’ resale values. We frequently hear from clients 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. If you’re not sure about a school’s rating or which school serves a particular area, that information is just a few clicks away. Check out GreatSchools for more information on your area’s schools.

We recently did a deep dive on schools and home values. You can read that HERE!

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. We’ve included a list of resources here. Have a question on a particular area or neighborhood features? Fill out the contact form below and we’d 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.
About the Author

Shannon Jones has been selling real estate since 1998 and specializes in listing and marketing homes. She has consistently been one of the top Realtors in the Long Beach area. Prior to her award-winning career in real estate with the Shannon jones Team, Shannon has had successful careers in journalism and public relations. She holds a bachelors degree from UC Irvine and a masters degree from UC Berkeley. Shannon holds E-Pro, CDPE (Certified Distressed Property Expert), and PSC (Pre-Foreclosure Specialist) certifications. Shannon is very personable and maintains a very strong moral compass, always putting the best interest of home buyers/sellers above monetary goals. A California native, Shannon enjoys gardening, travel, reading, cooking and poker when she’s not selling homes MY DESIGNATIONS Lic# 01247705 | CDPE (Certified Distressed Property Expert) | E-Pro | PSC (Pre-Foreclosure Specialist) MY SERVICE AREAS Anaheim Bellflower Buena Park Carson Cerritos Cypress Downey Fountain Valley Garden Grove Huntington Beach La Palma Lakewood Long Beach Los Alamitos Los Angeles County Norwalk Orange County Rossmoor San Pedro Seal Beach Signal Hill South Bay Westminster

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.