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What to Know Before Moving to Tempe, AZ: A Local Real Estate Professional's Perspective
Tempe, Arizona, positioned within the heart of the Valley of the Sun, is a vibrant city known for its energetic atmosphere, strong 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 changes and growth in the area. Should you’re considering moving to Tempe, here’s everything you should 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 space to family-friendly suburban neighborhoods. Understanding the layout of the city and its totally different neighborhoods will be key to discovering the appropriate place for you.
- Downtown Tempe: Known for its bustling environment, downtown Tempe is house to Arizona State University (ASU) and gives a variety of condos, apartments, and townhomes. For those who enjoy being in the center of the motion, with quick access to restaurants, shops, and cultural occasions, this is the world for you. However, it can get noisy, particularly on weekends when ASU students are out and about.
- South Tempe: If you’re looking for a more suburban environment, South Tempe may be a greater fit. With tree-lined streets, bigger properties, and a quieter vibe, this space is popular amongst households and people seeking more space. South Tempe also boasts glorious public schools, making it a great place for families with young children.
- North Tempe: Known for its various real estate options and proximity to the 101 Freeway, North Tempe is perfect for people who want a balance of urban residing and suburban comfort. It’s a rising area with a number of new housing developments, so it’s value keeping an eye on for investment opportunities.
2. Real Estate Market Trends
Over the previous decade, Tempe’s real estate market has seen significant growth. Home costs have steadily increased, especially close to the university and downtown areas. In case you’re planning to purchase a home, be prepared for competitive bidding, especially for properties near ASU. On the rental side, demand for apartments has been high due to the inflow 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 the event you're looking for a home in Tempe, it’s greatest to work with a local real estate agent who can guide you through the process and aid you find properties that suit your wants and budget.
3. Cost of Living
Compared to different major metropolitan areas in the U.S., Tempe is comparatively affordable. The cost of living is beneath the national average, which makes it an attractive option for individuals and households 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, home prices in Tempe have risen significantly lately, so it’s essential to be realistic about your budget. While South Tempe offers more affordable single-family houses, downtown Tempe and areas near ASU may be more expensive. Hire prices within the city have also elevated, particularly in newer apartment complexes, so it’s clever to start your search early.
4. Climate and Climate
Tempe’s desert climate is something to consider before making the move. The city experiences hot summers, with temperatures repeatedly exceeding 100°F, which generally is a shock to those coming from cooler climates. However, the dry heat is less oppressive than humid climates, and most properties come with air conditioning to keep things comfortable inside.
Winter months, on the other hand, are delicate and pleasant, making Tempe an ideal place for outdoor activities 12 months-round. Should you enjoy hiking, biking, or just walking round, you’ll love the abundance of trails and parks throughout the city.
5. Transportation and Accessibility
Tempe is well-related to the rest of the Phoenix metro area. The city sits just just a few miles southeast of downtown Phoenix, with easy access to major highways such because the I-10 and the Loop 101. This makes commuting to other parts of the valley relatively 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 round without a car has change into easier.
6. Things to Do in Tempe
Tempe is a city filled with activities for all ages. If you’re an out of doors fanatic, you’ll love the proximity to Arizona’s natural beauty. Tempe Town Lake provides 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 additionally has an exciting restaurant scene, providing everything from informal eateries to fine dining options.
7. Final Ideas
Moving to Tempe offers a dynamic lifestyle in a city that balances city dwelling with suburban tranquility. Whether or not you're drawn to the thriving university atmosphere, the family-friendly neighborhoods, or the job opportunities within the tech and schooling 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 in your way to making Tempe your new home.
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