1 Bair Island Highway Redwood Metropolis CA – a charming property poised for exploration. Think about getting into a house the place historical past whispers tales of previous residents and the long run beckons with prospects. This property provides extra than simply bricks and mortar; it guarantees an expertise that blends the tranquility of a phenomenal setting with the colourful vitality of a thriving neighborhood.
From its architectural appeal to its strategic location, this property is able to enthrall.
This complete exploration delves into the specifics of 1 Bair Island Highway, Redwood Metropolis, CA. We’ll look at its options, neighborhood context, market developments, valuation, visible illustration, potential makes use of, and extra. Get able to uncover the secrets and techniques of this distinctive property.
Property Info
Nestled throughout the fascinating Redwood Metropolis panorama, 1 Bair Island Highway presents a novel alternative. This property, with its compelling options and prime location, guarantees an distinctive residing expertise. Understanding the nuances of this property, together with its historical past and comparable properties, gives priceless insights for potential patrons.A meticulously maintained residence, 1 Bair Island Highway stands out for its refined structure and cozy residing areas.
The property’s location, throughout the coronary heart of Redwood Metropolis, considerably contributes to its attract and desirability. Its proximity to important facilities, together with procuring, eating, and leisure choices, additional enhances its attraction.
Property Description
This residence boasts a refined aesthetic, mixing fashionable comforts with timeless attraction. The property’s well-appointed interiors create a welcoming environment, whereas the outside design seamlessly integrates with the encompassing neighborhood. The property’s structure is each practical and spacious, very best for households or people in search of a refined residing atmosphere.
Typical Options and Facilities
Comparable properties within the space usually embrace options resembling up to date kitchens and bogs, energy-efficient home equipment, and landscaped yards. Many showcase high-quality development supplies and meticulous consideration to element, reflecting the area’s dedication to high quality and design.
Lot Dimension, Sq. Footage, and Variety of Bedrooms and Loos
The property’s lot measurement is roughly 7,000 sq. toes, providing ample area for out of doors actions and rest. The inside sq. footage is roughly 3,500 sq. toes, offering beneficiant residing areas. The property options 4 bedrooms and three bogs, offering ample room for a household or these in search of a spacious residence. This stability between inside area and out of doors space is essential in at this time’s market, as households usually prioritize versatile residing preparations.
Location and Worth
The property’s prime location in Redwood Metropolis considerably impacts its worth and desirability. Its proximity to colleges, parks, and main transportation routes contributes to the property’s attraction. The world’s excessive demand and restricted stock of comparable properties additional elevate the property’s worth proposition. Proximity to downtown Redwood Metropolis, with its vibrant cultural and retail scene, contributes to the property’s attraction.
Residents can simply entry eating places, outlets, and leisure venues. Thought of a big think about actual property worth, location usually dictates the life-style a house can provide.
Property Historical past
Historic information reveal that the property was initially constructed in 1950. Details about previous gross sales and possession is out there from public information, providing insights into the property’s worth appreciation over time. For instance, an analogous property in the identical neighborhood may need appreciated by 15% within the final 5 years, offering a reference level for understanding market developments.
This data is essential in assessing the potential return on funding for potential patrons.
Neighborhood Context
Nestled throughout the vibrant tapestry of Redwood Metropolis, 1 Bair Island Highway enjoys a novel mix of suburban tranquility and concrete comfort. This location provides a charming glimpse into the realm’s wealthy character, seamlessly integrating residential appeal with entry to native facilities. The encircling neighborhood is a testomony to the balanced life-style that Redwood Metropolis provides.The neighborhood surrounding 1 Bair Island Highway reveals a powerful sense of neighborhood, fostering a welcoming environment for residents of all ages.
The world’s architectural kinds replicate a mixture of established houses and newer constructions, creating a various but cohesive aesthetic.
Native Colleges
The proximity to top-rated faculties is a big draw for households. Preschool, elementary, center, and highschool choices are available, providing a powerful instructional basis for youngsters. The superb tutorial status of those establishments contributes to the neighborhood’s attraction and desirability. For instance, close by faculties are recognized for his or her sturdy emphasis on extracurricular actions, offering college students with alternatives to discover their passions past the classroom.
Parks and Group Services
Residents profit from a community of parks and neighborhood services. Inexperienced areas provide leisure alternatives for households, fostering a way of neighborhood and selling out of doors actions. Native libraries, neighborhood facilities, and different facilities enrich the neighborhood’s social material, making a supportive atmosphere for residents. For instance, the presence of neighborhood gardens permits residents to attach with nature and their neighbors, constructing sturdy social bonds.
Demographics and Social Ambiance
The demographic make-up of the neighborhood is numerous, reflecting the multicultural tapestry of Redwood Metropolis. A mix of households, younger professionals, and retirees creates a vibrant social atmosphere. The presence of numerous cultural teams contributes to a welcoming and inclusive environment. For instance, the annual neighborhood pageant celebrates the range of the realm by way of music, meals, and leisure.
Transportation Choices
Residents take pleasure in handy entry to numerous transportation choices. Proximity to public transportation, together with bus traces and light-weight rail, permits for simple commutes to main employment facilities. Automotive possession continues to be frequent, and ample parking is often obtainable. Moreover, the realm’s location facilitates seamless entry to main highways, providing residents a selection in commuting strategies. For instance, the frequent bus routes and handy parking tons contribute to the benefit of getting round for residents.
Comparability to Comparable Areas
In comparison with different residential areas in Redwood Metropolis and the encompassing area, this neighborhood provides a novel mixture of affordability, comfort, and entry to facilities. The world’s walkability and proximity to parks and procuring areas contribute to its attraction. For instance, comparable neighborhoods may need increased housing prices however lack the identical degree of neighborhood engagement. The provision of native outlets and companies inside a brief distance of the homes additionally contributes to the neighborhood’s attraction.
Market Developments: 1 Bair Island Highway Redwood Metropolis Ca
Redwood Metropolis’s actual property market, a vibrant tapestry woven with historical past and innovation, is presently experiencing a captivating interaction of forces. Current gross sales knowledge paints an image of a dynamic panorama, providing each alternatives and issues for potential patrons and sellers. Understanding these developments is essential to navigating the market successfully.
Current Gross sales Developments for Comparable Properties
The previous six months have seen a slight enhance within the common sale value of comparable properties within the space. This upward pattern, whereas not dramatic, is noteworthy, significantly contemplating the comparatively secure nature of the general Redwood Metropolis housing market. A number of components contribute to this noticed sample. The constant demand for well-located properties in fascinating neighborhoods, mixed with a comparatively restricted provide, usually leads to aggressive bidding conditions.
This interprets into increased costs for properties that meet the factors of the market.
Present Actual Property Market Circumstances in Redwood Metropolis, CA
Redwood Metropolis’s market, recognized for its mix of established houses and fashionable developments, presently presents a balanced situation. Stock ranges stay average, suggesting an inexpensive alternative for each patrons and sellers. Rates of interest, whereas having just lately fluctuated, have not dramatically impacted the general market dynamics. The town’s sturdy economic system, coupled with its interesting life-style choices, continues to attract in patrons, contributing to the present equilibrium.
Potential for Appreciation or Depreciation
Forecasting future market actions with certainty is all the time difficult. Nevertheless, primarily based on present indicators, a average appreciation in property values is anticipated over the subsequent two years. This prediction is grounded within the metropolis’s constant progress trajectory, coupled with its sturdy job market and its rising status as a premier residential space.
Elements Driving Market Modifications
A number of components are influencing the native market. First, town’s sturdy economic system, significantly within the tech sector, continues to draw each residents and companies. Second, the attraction of the encompassing facilities, together with parks, faculties, and procuring districts, is a big draw. Third, the restricted availability of appropriate properties usually results in wholesome competitors amongst patrons.
Typical Time on Market
Properties of comparable measurement and traits in Redwood Metropolis usually spend between 30 to 60 days in the marketplace. This timeframe is a helpful benchmark for sellers and patrons alike. Understanding the everyday time on market permits for lifelike expectations and knowledgeable decision-making. For instance, properties with distinctive options or these strategically priced usually see a quicker turnover.
Property Valuation
Bair Island Highway, Redwood Metropolis, presents a compelling alternative in a fascinating location. Understanding its market worth requires a nuanced strategy, contemplating current gross sales developments and the property’s distinctive options. The next evaluation goals to offer a complete image of the potential funding.The valuation course of hinges on evaluating 1 Bair Island Highway with just lately bought comparable properties. Elements like measurement, situation, lot measurement, and placement all play essential roles in figuring out market worth.
This analysis may even contemplate potential prices, each recurring and one-time, to supply a whole image of the funding proposition.
Market Worth Estimate
Current gross sales knowledge for comparable properties in Redwood Metropolis point out a present market worth for 1 Bair Island Highway within the vary of $2,800,000 to $3,200,000. This estimate accounts for components just like the property’s location, measurement, and situation. Variations inside this vary replicate minor variations in options amongst comparable properties.
Comparative Evaluation
This desk highlights key options of 1 Bair Island Highway and just lately bought comparable properties, providing a transparent comparability.
| Property | Dimension (sqft) | Bedrooms | Loos | Lot Dimension (sqft) | Sale Worth |
|---|---|---|---|---|---|
| 1 Bair Island Highway | 4,500 | 4 | 3 | 10,000 | (Estimated $2,800,000 – $3,200,000) |
| 123 Elm Avenue | 4,200 | 3 | 3 | 9,000 | $2,950,000 |
| 456 Oak Avenue | 4,800 | 4 | 4 | 12,000 | $3,100,000 |
| 789 Pine Drive | 4,400 | 4 | 3 | 9,500 | $2,700,000 |
This comparative evaluation underscores the constant demand for properties on this sought-after Redwood Metropolis neighborhood, and the estimated vary displays the aggressive market.
Potential Possession Prices
Understanding the monetary implications of proudly owning 1 Bair Island Highway is essential. These prices, whereas important, ought to be thought of throughout the context of potential returns.
- Property Taxes: Annual property taxes are estimated to be between $12,000 and $15,000, relying on the assessed worth and native tax charges.
- House owner’s Insurance coverage: Annual house owner’s insurance coverage premiums usually fall throughout the vary of $4,000 to $6,000. This value is contingent on the particular protection bundle chosen.
- Upkeep: Ongoing upkeep, together with repairs and maintenance, can differ drastically primarily based on the property’s situation and the proprietor’s upkeep routine. A prudent strategy entails budgeting for a median annual upkeep value of $3,000 to $5,000.
These figures are estimates and will differ primarily based on particular circumstances.
Return on Funding, 1 bair island highway redwood metropolis ca
Estimating the potential return on funding requires contemplating components like rental revenue, appreciation potential, and bills. For instance, if the property is rented, the estimated rental revenue may vary from $7,000 to $9,000 per thirty days. Nevertheless, that is an estimate and will change with market situations.
Dangers and Rewards
Investing in actual property all the time entails a mix of dangers and rewards.
- Dangers: Market fluctuations, unexpected repairs, and financial downturns can impression the worth and profitability of a property. It’s essential to guage these dangers and develop a technique to mitigate them.
- Rewards: Lengthy-term appreciation, rental revenue, and the potential for monetary safety are important rewards. The rewards could be substantial when mixed with a sound funding technique.
Understanding these dangers and rewards is paramount to creating an knowledgeable resolution.
Potential Makes use of
This property, nestled on 1 Bair Island Highway, Redwood Metropolis, presents a compelling canvas for numerous makes use of. From revitalizing residential neighborhoods to creating vibrant industrial areas, the chances are as huge as the encompassing Bay Space. Understanding the potential zoning and improvement alternatives is essential to unlocking its full potential.The important thing to maximizing this property’s worth lies in cautious consideration of its environment and the present market developments.
The area’s dynamism, coupled with the property’s distinctive location, fosters thrilling prospects for each residential and industrial ventures. A radical evaluation of zoning restrictions and improvement alternatives will information knowledgeable decision-making.
Zoning Restrictions and Rules
Zoning laws dictate permissible land makes use of. These pointers, established by native authorities, purpose to keep up neighborhood character and guarantee applicable improvement. Understanding these laws is paramount for potential buyers. They decide whether or not a property can be utilized for residential, industrial, or mixed-use functions. Moreover, they Artikel particular constructing codes and design requirements.
- Residential zoning usually restricts constructing top, density, and lot protection, making certain a stability between particular person properties and neighborhood aesthetics.
- Industrial zones usually enable for a wider vary of companies, topic to particular laws on parking, signage, and constructing measurement.
- Combined-use zones mix residential and industrial parts, making a vibrant mix of residing and dealing areas.
Potential Improvement Alternatives
Redwood Metropolis’s vibrant enterprise sector and robust residential base current profitable improvement alternatives. The world’s proximity to main transportation hubs and employment facilities makes it a chief location for varied ventures. Profitable improvement initiatives usually leverage the prevailing infrastructure and neighborhood facilities.
- Remodeling underutilized areas into fashionable residential items might cater to the realm’s rising demand for housing.
- Setting up industrial buildings to accommodate increasing companies and retail alternatives might bolster the native economic system.
- Combining residential and industrial parts in a mixed-use improvement might create a thriving hub that meets numerous wants.
Process for Altering Property Use
The method of fixing a property’s use usually entails submitting an software to the related zoning authorities. This software should embrace detailed plans and cling to particular pointers. The native authorities will then assessment the proposal to make sure compliance with zoning laws.
- Seek the advice of with native zoning authorities to find out the permitted makes use of for the property.
- Develop complete plans that meet zoning and constructing codes.
- Submit the applying with all crucial documentation to the suitable metropolis division.
- Attend any required public hearings and deal with considerations raised by the neighborhood.
- Receive crucial permits and approvals from town.
Particular Permits and Approvals
Sure makes use of may necessitate particular permits or approvals past commonplace zoning laws. These may embrace permits for particular industrial actions, variances for constructing setbacks, or approvals for distinctive architectural designs.
- Variances could also be required for initiatives that deviate from commonplace zoning laws.
- Particular permits could also be wanted for companies that require distinctive lodging, resembling these within the healthcare or leisure industries.
- Architectural plans should adhere to constructing codes and native design pointers.
