It can be challenging to determine why certain San Jose CA homes for sale cost much less, while others can list for millions of dollars. Often, the difference between prices of San Jose CA homes for sale can be explained by location. It’s an axiom of real estate: location is one of the most important features of any home. In San Jose, this is borne out by the differing prices between similar homes built in different areas. Determining which neighborhood offers the most value for the money requires a knowledge of the various communities in the San Jose area.
Home buyers looking at Alviso homes often note their comparatively low asking prices. This is due in part to its location; it is far from many of the area’s employers and represents a lengthy commute for residents. The average price of homes in Alviso is approximately $210,000. Damaging floods in this area in the early 1980s caused damage to local businesses and homes; this destroyed some of the historic charm of the area, and home prices have suffered as a result. Alviso is a small residential community, and as a result, it offers no home delivery of mail. Area residents meet and greet at the local post office to pick up their mail each day.
Almaden Valley benefits from its proximity to Silicon Valley industries. Residents of this picturesque area range from professional athletes to high-tech executives. Almaden Valley homes have retained their value extremely well in the recent housing industry slump, and offer convenient access for work and play for the scientists and professionals who make their homes there.
Evergreen is a popular choice for those looking for a compromise between the luxury of western San Jose and the less desirable neighborhoods to the north. Its location in the southeastern part of San Jose provides convenient access to work and shopping. Neighborhoods to the southeast tend to be more expensive, with some multimillion dollar homes in this upscale area. Closer in to the city center, prices are more reasonable.
Another compromise is represented in the mid-range Edenvale community, with home prices matching the average for the entire city. Edenvale offers middle-class buyers a solidly suburban environment, with local attractions like the Hayes Mansion adding historic context and attracting tourists to this residential area.
Alviso is one of the least expensive neighborhoods in San Jose, but it’s far from cheap. Homes in this area generally average around $210,000, though some are available more cheaply. Alviso’s location at the far northern end of San Jose makes it less convenient than other neighborhoods, and floods during the 1980s devastated local homes and businesses. Today, Alviso is a small residential community and an affordable choice for first time home buyers looking to purchase in San Jose.
Alum Rock offers affordable housing and unique history; originally founded as an agricultural village, the legacy of the local fruit orchards have left their mark on the community. More rural in nature than most of the San Jose area, Alum Rock is a unique area with a diverse population.
Knowing the benefits and drawbacks of the various San Jose neighborhoods is a great advantage when looking for San Jose homes for sale. With proper planning, prospective buyers can enter the housing market secure that they are well-prepared for the task ahead.
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