Location, Location, Location. Did you ever wonder why this is repeated three times like a mantra? Probably the answer is that it emphasizes the importance of what determines value of real estate. Take a home in The Oaks of Arcadia and relocate it to the upper-tier community of Plano, Texas, for example. The value has dropped almost a million and a half. Why? Desirability, and that is location, location, location.
What makes Arcadia one of the best locations to live in southern California? One of the most important reasons is the top-rated schools. In an article in the Business Week Magazine, Arcadia was spotlighted as in South Carolina “The Best Places to Raise Your Kids.” Safety and school performance were given the most weight when determining the final choices.
February of 2010, Yahoo! Real Estate reprinted an article by Francesca Levy of Forbes, “Where Home Prices Are Rising.” No one was surprised to see that Arcadia was right there in the top ten. From January 1, 2010 until September 1, 2010, the average list price of a home in Arcadia was $893,360 and the average sale price $861,484. Last year in the same span of time, the average list price was $822,822 and the average sale price was $789,035.
Besides dollar value and excellent schools, Arcadia is just a wonderful place to call home!
Arcadia is a city that takes care of its senior citizens. The Community Center caters to the older population Monday through Friday with activities from early morning to late afternoon that are geared to our seniors, keeping them active and socially involved. Adults age 50+ are invited to participate in such activities as Health and Wellness Workshops, various exercise classes, bridge, bingo and a Senior Day Camp at Wilderness Park. There are many organized trips to such places as casinos, Laughlin, Nevada, the Laguna Art Festival and nature hikes. i