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What to Know Earlier than Moving to Tempe, AZ: A Local Real Estate Skilled's Perspective
Tempe, Arizona, located within the heart of the Valley of the Sun, is a vibrant city known for its energetic environment, sturdy sense of community, and proximity to Phoenix. Whether you’re drawn to the city for its proximity to Arizona State University, its active lifestyle, or its growing job market, Tempe presents something for everyone. As a local real estate professional, I’ve had the opportunity to witness firsthand the adjustments and progress in the area. If you happen to’re considering moving to Tempe, here’s everything that you must know before making the leap.
1. Understanding the Neighborhoods
Tempe is a city that gives a wide range of housing options, from trendy apartments within the downtown area to family-friendly suburban neighborhoods. Understanding the layout of the city and its totally different neighborhoods will be key to finding the suitable place for you.
- Downtown Tempe: Known for its bustling atmosphere, downtown Tempe is residence to Arizona State University (ASU) and offers a wide range of condos, apartments, and townhomes. In the event you enjoy being in the center of the action, with quick access to eating places, shops, and cultural occasions, this is the area for you. However, it can get noisy, particularly on weekends when ASU students are out and about.
- South Tempe: When you’re looking for a more suburban environment, South Tempe may be a greater fit. With tree-lined streets, bigger houses, and a quieter vibe, this space is popular amongst families and people seeking more space. South Tempe also boasts glorious public schools, making it a really perfect place for households with younger children.
- North Tempe: Known for its numerous real estate options and proximity to the one hundred and one Freeway, North Tempe is ideal for people who want a balance of urban living and suburban comfort. It’s a rising area with a number of new housing developments, so it’s price keeping an eye on for investment opportunities.
2. Real Estate Market Trends
Over the past decade, Tempe’s real estate market has seen significant growth. Home prices have steadily elevated, especially near the university and downtown areas. In the event you’re planning to buy a house, be prepared for competitive bidding, especially for properties near ASU. On the rental side, demand for apartments has been high because of the influx of students and professionals moving to the area.
The present market is still relatively robust, however potential buyers needs to be aware of fluctuations in interest rates and housing inventory. In case you're looking for a house in Tempe, it’s finest to work with a local real estate agent who can guide you through the process and assist you to find properties that suit your wants and budget.
3. Cost of Living
Compared to other major metropolitan areas in the U.S., Tempe is comparatively affordable. The cost of dwelling is below the national average, which makes it an attractive option for individuals and families looking to settle in a city with an ideal quality of life but without the steep costs of places like Los Angeles or New York.
That being said, dwelling prices in Tempe have risen significantly in recent years, so it’s essential to be realistic about your budget. While South Tempe presents more affordable single-family properties, downtown Tempe and areas near ASU may be more expensive. Rent prices within the city have additionally increased, particularly in newer apartment complexes, so it’s clever to start your search early.
4. Weather and Climate
Tempe’s desert climate is something to consider earlier than making the move. The city experiences hot summers, with temperatures repeatedly exceeding 100°F, which generally is a shock to these coming from cooler climates. However, the dry heat is less oppressive than humid climates, and most houses come with air conditioning to keep things comfortable inside.
Winter months, alternatively, are gentle and nice, making Tempe an excellent place for outside activities year-round. For those who enjoy hiking, biking, or simply walking round, you’ll love the abundance of trails and parks throughout the city.
5. Transportation and Accessibility
Tempe is well-connected to the remainder of the Phoenix metro area. The city sits just a number of miles southeast of downtown Phoenix, with straightforward access to major highways such because the I-10 and the Loop 101. This makes commuting to other parts of the valley comparatively easy.
Public transportation in Tempe is also handy, with the Valley Metro Light Rail running through the city, connecting Tempe to Phoenix and Mesa. The city can be bike-friendly, with many residents opting to cycle to work or school. Additionally, with the expanding number of rideshare services like Uber and Lyft, getting around without a car has develop into easier.
6. Things to Do in Tempe
Tempe is a city full of activities for all ages. Should you’re an outdoor fanatic, you’ll love the proximity to Arizona’s natural beauty. Tempe Town Lake affords boating, fishing, and walking trails, while close by South Mountain Park provides hiking and biking opportunities.
For those who enjoy cultural activities, Tempe boasts a lively arts scene, with venues like the Tempe Center for the Arts and numerous galleries showcasing local talent. Sports fans can cheer for the Arizona Cardinals or the Phoenix Suns, or catch an ASU Sun Devils game. Tempe also has an exciting restaurant scene, offering everything from informal eateries to fine dining options.
7. Final Ideas
Moving to Tempe affords a dynamic lifestyle in a city that balances city dwelling with suburban tranquility. Whether you're drawn to the thriving university ambiance, the family-friendly neighborhoods, or the job opportunities within the tech and education sectors, Tempe has something for everyone. By understanding the local real estate market, considering your lifestyle preferences, and working with a local skilled, you’ll be well on your way to making Tempe your new home.
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