If you’re in the market to buy a home in Los Angeles, you should know it’s a multilayered process. First there are universal steps to take, like determining a budget, figuring out a mortgage, and finding a real estate agent you trust. Then there are factors particular to Los Angeles: it’s always been a desirable setting for the well-to-do. And with low mortgage rates, many speculators and young family buyers, and a dearth of new construction, it’s vital that you and your agent work together to get you the best possible deal on a home you love.
To get there, perhaps the most helpful thing you can do is zero in on a neighborhood or two. List your criteria or preferences for a neighborhood, then profile neighborhoods like Santa Monica and Venice, CA real estate. Soon you’ll know if they’re right for you.
The premier realtors in Los Angeles, Bulldog Realtors, is your perfect partner when buying Venice, CA real estate or Santa Monica homes for sale. Read on to learn how to research these neighborhoods, investigate them in person, and match them to your criteria.
Take advantage of traffic apps, transit social feeds, and crowdsourcing tools to keep yourself up to date with the traffic. For instance, if you buy a Santa Monica home for sale on the beach — and plan to commute to Apple’s campus in Culver City — you could expect to make that eight-mile trip in about a half-hour on a weekday afternoon.
In contrast to motor traffic, pedestrian traffic can be a positive indicator. Check the neighborhood’s walk score to see which errands you can accomplish on foot. For example, both Santa Monica and Venice score 83, meaning its residents are going places (on foot).
Knowing your dining options is valuable before you move to a new place. Sometimes you might need to take your family members or guests out to dinner or lunch. Besides, it’s always fun to taste what local restaurants have to offer. Familiarize yourself with the local restaurants to get a better understanding of what to expect. If you’re thinking about buying Venice, CA real estate or Santa Monica homes for sale, you can consult this article or this article, respectively, for Eater LA’s picks on more than a dozen places to try.
While choosing your perfect luxury community, ensure that it has all your retail needs, including clothes, shoes, bags, cookware, groceries, and cosmetics. In Santa Monica, shopping is so central that the city website includes a comprehensive lists on stores you can visit in iconic places like the Third Street Promenade by the beach and Santa Monica Place in downtown. Venice also has its share of famous retail offerings.
Here’s a short list of questions to spark your imagination.
What type of home do you want? Go over architectural styles and crunch the numbers on average price per square foot. For example, Santa Monica homes for sale may be built in Art Deco, Spanish Colonial, and Mission Revival styles. Regarding home size, a large family needs a home that can accommodate many people, including friends and relatives who want to visit.
How old is the neighborhood? A neighborhood’s age can give it more character and clue you in on possible concerns. Venice is one of the older neighborhoods in Los Angeles, but most homes outside its Historic District are relatively new.
What city taxes are unique to the neighborhood? You can investigate local taxes by visiting the websites of governments with jurisdiction in your neighborhood. Take time to research the local property values of your preferred neighborhood and compare them with the average prices five to ten years earlier. Once you're done with this, check whether there are any plans for future development. This information is available at the city's chamber of commerce.
What other features of your neighborhood are good or bad? Major roads, tourist attractions, and universities can be positives or negatives depending on your lifestyle.
Dealmakers and dealbreakers
Quality of local schools
Santa Monica, served by the Santa Monica-Malibu Unified School District, has excellent schools, ranking in the top 10 systems in Los Angeles and in the top 20 of California’s 438 school districts. As you work with your agent to dig deeper into specific schools, look for statistics like student-to-teacher ratios as well as progressive curricula such as the Waldorf and Montessori approaches.
Novelty of the beach
Features of individual homes
Ready to proceed?
Meet Bulldog Realtors. We are high-end realtors offering services in Venice, Santa Monica, and the Westside beach communities. With our team of realtors, you're guaranteed the perfect property that matches your expectations. Contact us today and learn how we can help you get the home you deserve.