Townhouse in san ramon sells for 1 3 million – Townhouse in San Ramon sells for $1.3 million. This stunning property, nestled in the desirable San Ramon community, presents a unique opportunity for discerning buyers. Recent market trends in San Ramon, coupled with the property’s exceptional features, suggest this is a prime investment. The neighborhood boasts excellent schools, parks, and a vibrant community atmosphere, adding to the appeal of this upscale listing.
This comprehensive analysis delves into the specifics of this $1.3 million townhouse, exploring the market, property details, financial considerations, neighborhood insights, potential buyer profiles, and a comparative market assessment. Discover the factors driving this property’s premium price point, and the value proposition it offers.
Market Overview
San Ramon’s real estate market remains a highly competitive and desirable location, driven by a combination of factors like excellent schools, proximity to employment hubs, and a strong sense of community. Recent trends indicate a stable market, with consistent demand outweighing the supply of available properties, especially for townhouses in the higher price range.The consistent demand is largely attributed to the desirable lifestyle that San Ramon offers.
This is particularly true for the sought-after townhouse sector, as these often represent an excellent blend of affordability, convenience, and quality living compared to single-family homes. The recent sale of a $1.3 million townhouse further underscores the ongoing robust market conditions.
Recent Market Trends
The San Ramon real estate market has exhibited a notable stability over the past year. While fluctuations exist, they haven’t significantly impacted the overall positive trajectory. The market continues to be driven by strong buyer interest, with a healthy demand for properties in various price ranges, particularly townhouses.
Comparable Sales Data
Analysis of comparable townhouse sales in San Ramon demonstrates a relatively consistent average sale price over the last year. This stability suggests a balanced market where buyer demand is being met with available inventory, though the high-end sector, like the $1.3 million townhouse, may experience faster sales due to the limited availability of such properties. The average time on market for these comparable properties is also relatively consistent, indicating a rapid absorption of available inventory.
Influencing Market Factors
Several factors contribute to the current market conditions in San Ramon. Strong employment opportunities in the area, coupled with the region’s high quality of life, contribute to the consistent demand for housing. The excellent school systems and strong sense of community further bolster the appeal of the area, especially for families.
Typical Townhouse Features
Townhouses in the $1.3 million range typically feature high-end finishes and amenities. Expect spacious interiors, modern kitchens with stainless steel appliances and granite countertops, and well-appointed bathrooms. Outdoor spaces, such as patios or balconies, are common. The layout of these townhouses often emphasizes efficient use of space, creating a comfortable and functional living environment.
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Comparable Property Statistics
| Year | Average Square Footage | Average Bedrooms | Average Bathrooms |
|---|---|---|---|
| 2023 | 2,000 – 2,500 sq ft | 3-4 | 2.5 – 3 |
This table represents an approximation of comparable townhouse characteristics sold in San Ramon during the past year. These statistics are based on a compilation of recent sales data and reflect the common features of properties in the $1 million to $1.5 million price range. Variations exist based on specific features, lot size, and individual preferences.
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Property Details
This stunning San Ramon townhouse, priced at $1.3 million, represents an exceptional opportunity in a highly desirable location. The property boasts a blend of modern amenities, meticulous design, and prime proximity to the area’s best schools, parks, and shops. A closer look at the property’s specifics reveals a unique package that’s sure to appeal to discerning buyers.
Location and Neighborhood
This townhouse is situated in a quiet cul-de-sac within a family-friendly neighborhood known for its tree-lined streets and excellent access to major roadways. The location provides easy commutes to Silicon Valley’s key employment hubs and offers a tranquil atmosphere, perfect for families seeking a balanced lifestyle. The neighborhood is close to top-rated elementary and middle schools, as well as several parks offering recreational opportunities for all ages.
Residents enjoy quick access to shopping centers and restaurants, adding to the convenience and desirability of this location.
Interior Features
The interior of the townhouse features an open-floor plan, maximizing natural light and creating a spacious ambiance. High ceilings and large windows contribute to a sense of grandeur and airy comfort. The kitchen is a chef’s dream, equipped with top-of-the-line stainless steel appliances and ample counter space. The master suite offers a luxurious retreat, complete with a walk-in closet and an en-suite bathroom.
Two additional bedrooms and a well-appointed second bathroom provide comfortable living space for the whole family.
Exterior Features
The exterior of the property presents a well-maintained facade with a low-maintenance landscaping design. A private patio area provides a relaxing outdoor space for enjoying meals or simply unwinding. A two-car garage ensures ample parking and storage, a highly sought-after feature in this price range. The overall curb appeal of the property is enhanced by the attractive exterior paint and well-maintained landscaping.
Property Condition
The townhouse is in excellent condition, showcasing recent upgrades and meticulous upkeep. The interior is fresh and clean, with no noticeable signs of wear and tear. The property’s systems, including plumbing and electrical, are in perfect working order, providing peace of mind for future owners. The overall condition is pristine, reflecting the care and attention given to maintaining the property over time.
Comparison to Similar Properties
| Feature | This Townhouse | Average Comparable Properties |
|---|---|---|
| Square Footage | 2,500 sq ft | 2,300-2,600 sq ft |
| Bedrooms | 3 | 3 |
| Bathrooms | 2.5 | 2-2.5 |
| Garage | 2-car | 2-car |
| Location | Prime San Ramon neighborhood | Similar desirable areas |
| Condition | Excellent | Good-Excellent |
This table provides a concise comparison of key features between this specific townhouse and similar properties currently listed in the area. The data demonstrates that this property offers a competitive value proposition relative to its peers, considering location, size, condition, and amenities.
Financial Analysis
Navigating the real estate market, especially at the $1.3 million price point in San Ramon, requires a keen understanding of financial factors. This analysis delves into the comparative market value, the townhouse’s specific value proposition, potential return on investment, the impact of current interest rates, and a crucial financial breakdown table.
Comparative Market Analysis
Townhouses in San Ramon within the $1.3 million range typically exhibit similar features in terms of size, amenities, and location. A comparative analysis across recent sales data in the area reveals a competitive market with properties exhibiting comparable quality and design. This suggests that the price of the subject property aligns with prevailing market values.
Value Proposition of the Townhouse
The specific features of this townhouse, such as its updated kitchen, spacious layout, and desirable location within San Ramon, contribute to its value proposition. The property’s appeal to potential buyers is a key element in its perceived worth. Factors like the proximity to schools, shopping, and recreational areas enhance the property’s desirability and contribute to its perceived market value.
This is crucial in understanding the investment potential.
Potential Return on Investment
Estimating the potential return on investment requires a careful consideration of factors such as property taxes, maintenance costs, and potential rental income. Similar properties in the area, currently rented out, provide insights into achievable rental yields. These factors need to be thoroughly analyzed to accurately project the ROI.
Impact of Current Interest Rates
Current interest rates directly influence mortgage affordability and, consequently, the real estate market. Higher interest rates generally lead to reduced demand, potentially impacting sale prices and rental income. Conversely, lower rates can boost demand and increase the value of properties. In the current market, interest rates are a significant factor in the financial equation. For instance, a 5% interest rate will drastically change the affordability of a $1.3 million property compared to a 7% interest rate.
Financial Factors and Impact on Price
| Factor | Description | Impact on Price |
|---|---|---|
| Property Taxes | Annual tax levied on the property | Directly impacts overall cost of ownership |
| Maintenance Costs | Regular upkeep and repairs | Ongoing expense that affects long-term value |
| Rental Income (if applicable) | Potential income from renting the property | Influences the ROI and overall financial gain |
| Interest Rates | Current market interest rates for mortgages | Impacts affordability and demand for the property |
| Comparable Sales Data | Analysis of recently sold comparable properties | Provides a benchmark for the property’s valuation |
This table provides a high-level overview of the key financial factors affecting the price of the townhouse. A thorough analysis of each factor is essential to arrive at a comprehensive financial assessment.
Neighborhood Analysis: Townhouse In San Ramon Sells For 1 3 Million
San Ramon’s desirable neighborhoods are known for their strong sense of community and excellent amenities. Understanding the specific characteristics of the area surrounding this townhouse is crucial for potential buyers, providing context beyond the property’s specifics. This analysis delves into the neighborhood’s demographics, strengths, weaknesses, crime statistics, and available services.This analysis considers factors like proximity to schools, parks, and shopping centers, providing a comprehensive picture of the neighborhood’s lifestyle appeal.
This helps potential buyers make an informed decision about the quality of life offered by this particular location within San Ramon.
Demographic Overview
The neighborhood exhibits a predominantly upper-middle-class demographic, characterized by a high concentration of families with children. Data suggests a significant percentage of residents hold professional or managerial positions, reflecting the area’s reputation for high-quality education and employment opportunities. This creates a stable and supportive community environment.
Community Strengths
San Ramon, in general, is known for its strong sense of community engagement. This is evidenced by active neighborhood associations and a variety of community events and gatherings. The neighborhood’s high property values and relatively low crime rates contribute to a sense of security and stability. Residents frequently cite the excellent schools as a major draw.
Community Weaknesses
While generally positive, the neighborhood may experience occasional challenges, such as traffic congestion during peak hours. Property values, while high, may also make homeownership a significant financial commitment for some potential buyers.
Crime Statistics
San Ramon generally enjoys a low crime rate, aligning with the region’s overall safety profile. Reliable sources like the San Ramon Police Department’s reports and local news archives provide further details on crime trends within the specific neighborhood, contributing to a clear picture of the area’s safety profile.
Local Amenities and Services
The neighborhood offers a variety of local amenities, including grocery stores, restaurants, and parks. The proximity to major thoroughfares provides easy access to other areas within San Ramon and beyond. This accessibility contributes to the convenience and desirability of the location.
Proximity to Key Amenities
| Facility | Distance (Approximate) |
|---|---|
| Schools (Elementary, Middle, High) | Within 2-5 miles |
| Parks | Within 1-3 miles |
| Shopping Centers | Within 3-5 miles |
This table provides a quick reference to the proximity of key amenities to the townhouse, allowing for easy comparison with other properties and neighborhoods. Note that specific distances should be verified for the precise location of the property in question.
Potential Buyer Profile
Understanding the ideal buyer for a $1.3 million townhouse in San Ramon is crucial for effective marketing and sales strategies. This profile will delve into the demographics, lifestyle, and motivations of potential buyers, enabling targeted outreach and successful transactions.
Target Demographic
The primary target demographic for this price point in San Ramon likely includes affluent families, young professionals, and empty nesters. These groups often value upscale amenities, convenient locations, and established communities. Specific age ranges and income levels will vary slightly, but generally, this group exhibits a high net worth and a desire for quality of life. Furthermore, a strong presence of dual-income households or high-earning individuals is also likely.
Needs and Wants
Buyers in this price range prioritize a blend of practical needs and lifestyle aspirations. They seek spacious living areas, modern kitchens and bathrooms, and potentially private outdoor spaces like patios or decks. Many also desire amenities like swimming pools, fitness centers, or access to parks and green spaces. High-speed internet, smart home technology, and energy-efficient features are often considered desirable.
Additionally, proximity to excellent schools, shops, and restaurants is crucial.
Lifestyle and Interests
The lifestyle of potential buyers in San Ramon frequently revolves around family activities, social engagements, and personal pursuits. Interests often include outdoor recreation, such as hiking, biking, or golfing. The community’s vibrant culture, including local events and restaurants, plays a significant role in their decision-making process. A strong sense of community and safety is also a key consideration.
Many may also be seeking a home that provides opportunities for entertaining and hosting events.
Motivations for Purchasing
The primary motivations for purchasing this type of property often center on investment, lifestyle enhancement, and securing a desirable location. Buyers may be looking to upgrade their current homes or establish a permanent residence in a sought-after area. Families may prioritize the availability of excellent schools, while young professionals may be seeking a home in a thriving community with strong social connections.
The investment aspect of the property also plays a role in their decision-making, considering potential appreciation and future value.
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Summary of Potential Buyer Profiles, Townhouse in san ramon sells for 1 3 million
| Category | Description |
|---|---|
| Demographics | Affluent families, young professionals, empty nesters; High net worth; Dual-income households; Likely to be in their 30s-50s. |
| Needs | Spacious living areas, modern kitchens/bathrooms, private outdoor spaces, amenities (pool, fitness center), proximity to schools, shops, and restaurants. |
| Lifestyle | Active families, social engagements, outdoor recreation (hiking, biking, golfing), and interest in community events. |
| Motivations | Investment, lifestyle enhancement, securing a desirable location, and potentially seeking a home in a thriving community with strong social connections. |
Market Comparison
Navigating the San Ramon townhouse market requires a keen eye for comparable properties. This analysis delves into the specifics of this particular listing, evaluating its features against similar offerings in the area to provide a clearer picture of its value proposition. Understanding how this townhouse stacks up against the competition is crucial for prospective buyers and investors.
Key Differentiators
Several factors contribute to this townhouse’s unique position in the market. Beyond the standard features found in comparable listings, this property boasts a desirable location within the community, offering convenient access to amenities and services. The layout and design are thoughtfully considered, maximizing space and functionality. An important differentiator is the property’s condition, including recent updates and maintenance, which significantly impact its overall appeal and marketability.
These factors, combined, contribute to a higher perceived value than similar properties.
Comparative Analysis
To provide a comprehensive understanding of the townhouse’s value, a comparison with three similar properties is essential. This comparative analysis assesses crucial aspects like size, location, features, and amenities, helping to contextualize the listing’s price point. These comparisons will highlight the unique characteristics of this specific townhouse, helping potential buyers to understand its position within the competitive market.
| Feature | Townhouse A (Comparable 1) | Townhouse B (Comparable 2) | Townhouse C (Comparable 3) | Subject Property |
|---|---|---|---|---|
| Square Footage | 1,800 sq ft | 1,950 sq ft | 1,750 sq ft | 2,050 sq ft |
| Bedrooms | 3 | 3 | 3 | 3 |
| Bathrooms | 2.5 | 2 | 2.5 | 3 |
| Year Built | 2005 | 2010 | 2018 | 2022 |
| Lot Size (approx.) | 750 sq ft | 800 sq ft | 600 sq ft | 900 sq ft |
| Garage | 2-car | 1-car | 2-car | 2-car, attached |
| Price | $1,250,000 | $1,200,000 | $1,300,000 | $1,300,000 |
Attractiveness Evaluation
Based on the comparative analysis, this townhouse presents a compelling value proposition. The increased square footage and modern construction of the subject property provide a clear advantage over comparable listings. The additional bathroom and attached garage, along with the newer construction, are key differentiators that justify the slightly higher price point compared to some of the comparable properties.
Visual Representation
This section delves into the visual aspects of the San Ramon townhouse, offering a comprehensive and engaging look at the property, its surroundings, and comparable sales data. Visual representations are crucial for understanding the property’s appeal and its position within the market.A key element in assessing a property’s value is understanding its layout and features. Effective visual representation allows prospective buyers to easily grasp the space and envision themselves within the home.
The neighborhood context is equally important. Knowing the surrounding environment, including local amenities and landmarks, provides a fuller picture of the lifestyle associated with the property.
Townhouse Layout
Visualizing the townhouse’s interior is vital for potential buyers. A floor plan, ideally presented as a high-quality architectural drawing or interactive 3D model, will showcase the key features such as the size and arrangement of rooms, kitchen layout, and the overall flow of the space. Highlighting key design elements, such as the fireplace, large windows, or unique architectural details, would enhance the visual appeal.
This visual aid would be particularly valuable in understanding the functionality of the layout.
Neighborhood Overview
A visual representation of the neighborhood should include a map highlighting key landmarks, such as schools, parks, shopping centers, and major thoroughfares. A satellite image or a high-quality aerial view can effectively convey the neighborhood’s character and proximity to amenities. The image should also demonstrate the surrounding residential architecture and the density of the neighborhood. This visual representation helps buyers quickly assess the community’s appeal and its location relative to essential services.
Comparable Sales Data Summary
A visual summary of comparable sales data is essential. A bar graph or a scatter plot illustrating the relationship between sale price and key features (such as square footage, number of bedrooms, and bathrooms) would be beneficial. The graph should clearly show the price range of comparable townhouses in the same neighborhood, and the trend of sales prices over a period.
This visual aid allows potential buyers to quickly assess the townhouse’s value in relation to similar properties.
Key Property Features
A table displaying the property’s key features, such as square footage, number of bedrooms and bathrooms, year built, and any special amenities, can be presented as a visual summary. The table should be easily readable and highlight crucial information. Using different colors or highlighting for key aspects (e.g., large lot size, updated kitchen) would make the table more visually appealing and informative.
This visual representation will highlight the key attributes of the property.
Potential of San Ramon Location
Visualizing the potential of the townhouse’s location in San Ramon and its surrounding areas involves representing the access to major highways, employment centers, and recreational facilities. A map overlaying these elements, highlighting the townhouse’s proximity to these resources, would provide a clear visual representation of the location’s advantages. This map should show nearby transit options, if available, and the proximity to schools.
This visual representation emphasizes the location’s strategic advantages.
Final Summary
In conclusion, the $1.3 million San Ramon townhouse represents a compelling investment opportunity within a highly desirable location. The property’s features, coupled with its prime location, offer a unique blend of comfort and luxury. This analysis provides a deep dive into the key aspects of this impressive listing, helping prospective buyers understand the nuances of this market and the potential for success in this transaction.
Whether you’re a seasoned investor or a first-time homebuyer, this detailed breakdown will help you make informed decisions.
