What Real Estate Investors Need to Know About Homes in Saugus CA
It does not matter where you go, the real estate market changes from city to the next. Actually, in many cases it changes from one neighborhood to the next. And the real estate market in Saugus CA, is no different. Homes in Saugus CA sit in a unique market that offers a wide range of choices, in terms of both price and style for perspective buyers and real estate investors alike.
A Brief History of Saugus CA
Saugus is a neighborhood that is located in Santa Clarita, California. It is amount the four communities that merged together in 1987 in order to create the now popular city of Santa Clarita. The other three communities that were involved in this merger include Newhall, Valencia, and Canyon Country. The community of Saugus is named after the town Saugus, Massachusetts which is the hometown of a man named Henry Newhall. It was his land that the community was originally built upon.
Homes in Saugus CA and the Local Real Estate Market
While the cost of houses varies based on style, size, upkeep, and location, the average cost of a home in Saugus CA is more than $532,700 making the area considered to be a somewhat expensive place to live for many people. While certainly not the cheapest real estate market in the state, the real estate market in Saugus CA is one that has grown a lot, with a number of developments impacting the number of houses on the market. As of March 2016, there are more than 167 homes for sale throughout the community of Saugus CA.
Homes in Saugus CA are known for their large, modern design. Many of these houses sit on nice size lots that provide lots of room for gardening and entertaining. High ceilings, large rooms, and oversized windows help to create the already large and spacious houses to appear even more open and impressive. Many of the homes in Saugus CA are designed to incorporate unique architectural details, such as detailed roof patterning, arches, and large wooden paneling on feature walls and doors. These details have assisted in causing the homes in Saugus CA to stand out from houses in other nearby areas.
The Rental Market
For real estate investors buying a property is not as black and white as a potential buyer purchasing a home to live in. For many investors, purchasing a property is done so that it can be rented out, and equity can be built. As with many areas around the country, the rental market in Saugus CA has seen an increase in the cost of rent, however, unlike some other areas, the demand for houses available for rent in Saugus CA has yet to dwindle.
A Little Bit about the Community of Saugus CA
The community of Saugus CA is one that has become well-known for both families and professionals for a number of reasons. Home to more than 41,000 people, including several notable residents including Cuddles Marshell, Harry Carry, and Nick Nickleson. The community of Saugus CA itself is known for the many opportunities that it is home to. It offers great schools, parks, greenspaces, recreational activities, employment opportunities, and is located in a wonderful proximity to additionally great shopping and dining.