We are a community, joined together by schools, jobs, our love of the outdoors and the sharing of the services and amenities our great town has to offer. However, we are separated in groups as we choose to live in subdivisions and neighborhoods. I frequently find myself in a similar conversation with people new to the area. From these conversations, I have found that the average buyer has several parameters they look at in choosing location. Generally, the factors are price, convenience, and individual amenities of a particular home and neighborhood. So, I thought it would be helpful to peer into some of our wonderful neighborhoods.
I chose to evaluate Valley West first because we recently moved and call this neighborhood home. We were drawn to the neighborhood early in its development because of the park, lake and architectural interest and diversity. Since moving here, I realize just how convenient it is. My third grader walks or rides his bike to school. My teenagers drive to the high school in 6 minutes (so I am told). Four groceries, a fish market, banks, gas stations and the mall are all within a short bike ride or up to a four minute drive. I am also 4 minutes from my office, which comes in handy when I’m late for dinner.
Valley West offers traditional and contemporary architecture, condos and single family residences with or without attached dwelling units. Small lots encourage neighbors to congregate in the park to get to know one another, play with their kids and walk their dogs. Kids meet at the park to play tag and tube on the creek. Common walk areas were designed to “flow” through the neighborhood, providing a safe and natural connection to the community. Groups frequent the pavilion in the summer and gather for ice skating at the pond in the winter.
The neighborhood’s residents’ life stages are diverse, ranging from the college student renting an ADU to retired individuals investing their lives in the community. Therefore, several property choices are available. Currently on the market are 5 condos ranging in price from $143,000-$239,000 and an average price per square foot of $132.00. There are 7 single family homes on the market, including 4 existing homes and 3 new constructions. The prices range from $234,900 – $499,500, with an average price per square foot of $150.00.
In the last 6 months, 7 single family homes have sold, ranging in price from $184,000-$485,000. The average sold price per square foot was $142.00. Ten condos have sold, ranging in price from $144,750-$261,250. Of the sold condos, the average price per square foot was $111.00.
This is a series that will continue with blogs and newsletters. The next article in the series will feature Harvest Creek. If you would like to share your perspectives, I would love to include them in future articles. If you would like to hear about a particular neighborhood, email me and I will be happy to include it.
ATHOMEINBOZEMAN