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What to Know Earlier than Moving to Tempe, AZ: A Local Real Estate Skilled's Perspective
Tempe, Arizona, located within the heart of the Valley of the Sun, is a vibrant city known for its energetic ambiance, sturdy sense of community, and proximity to Phoenix. Whether or not you’re drawn to the city for its proximity to Arizona State University, its active lifestyle, or its rising job market, Tempe provides something for everyone. As a local real estate expert, I’ve had the opportunity to witness firsthand the adjustments and development within the area. In case you’re considering moving to Tempe, here’s everything you want to know earlier than 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 structure of the city and its different neighborhoods will be key to discovering the best place for you.
- Downtown Tempe: Known for its bustling environment, downtown Tempe is home to Arizona State University (ASU) and presents a variety of condos, apartments, and townhomes. When you enjoy being in the center of the action, with quick access to restaurants, shops, and cultural events, this is the area for you. Nevertheless, it can get noisy, particularly on weekends when ASU students are out and about.
- South Tempe: When you’re looking for a more suburban environment, South Tempe may be a greater fit. With tree-lined streets, bigger houses, and a quieter vibe, this area is popular amongst families and those seeking more space. South Tempe also boasts glorious public schools, making it a perfect place for families with younger children.
- North Tempe: Known for its numerous real estate options and proximity to the a hundred and one Freeway, North Tempe is perfect for individuals who want a balance of city residing and suburban comfort. It’s a growing space with several new housing developments, so it’s worth keeping an eye on for investment opportunities.
2. Real Estate Market Trends
Over the past decade, Tempe’s real estate market has seen significant growth. Home costs have steadily elevated, particularly close to the university and downtown areas. For those who’re planning to buy a house, be prepared for competitive bidding, especially for properties close to ASU. On the rental side, demand for apartments has been high as a result of inflow of students and professionals moving to the area.
The current market is still relatively robust, but potential buyers needs to be aware of fluctuations in interest rates and housing inventory. Should 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 show you how to find properties that suit your wants and budget.
3. Cost of Living
Compared to other major metropolitan areas in the U.S., Tempe is relatively affordable. The cost of residing is below the national common, which makes it an attractive option for individuals and families looking to settle in a city with an incredible quality of life but without the steep costs of places like Los Angeles or New York.
That being said, dwelling costs in Tempe have risen significantly in recent times, so it’s vital to be realistic about your budget. While South Tempe affords more affordable single-family houses, downtown Tempe and areas close to ASU may be more expensive. Rent costs in the city have also elevated, particularly in newer apartment complexes, so it’s sensible to start your search early.
4. Climate and Climate
Tempe’s desert climate is something to consider earlier than making the move. The city experiences hot summers, with temperatures recurrently exceeding one hundred°F, which can be a shock to those coming from cooler climates. Nonetheless, the dry heat is less oppressive than humid climates, and most homes come with air conditioning to keep things comfortable inside.
Winter months, alternatively, are gentle and pleasant, making Tempe an awesome place for outdoor activities 12 months-round. In case you enjoy hiking, biking, or just walking around, you’ll love the abundance of trails and parks throughout the city.
5. Transportation and Accessibility
Tempe is well-connected to the rest of the Phoenix metro area. The city sits just a few miles southeast of downtown Phoenix, with simple access to major highways such as the I-10 and the Loop 101. This makes commuting to other parts of the valley comparatively easy.
Public transportation in Tempe can also be handy, with the Valley Metro Light Rail running through the city, connecting Tempe to Phoenix and Mesa. The city can also 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 around without a automobile has develop into easier.
6. Things to Do in Tempe
Tempe is a city filled with activities for all ages. Should 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 many 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 Thoughts
Moving to Tempe offers a dynamic lifestyle in a city that balances city living with suburban tranquility. Whether or not you're drawn to the thriving university environment, the family-friendly neighborhoods, or the job opportunities within the tech and training sectors, Tempe has something for everyone. By understanding the local real estate market, considering your lifestyle preferences, and working with a local knowledgeable, you’ll be well in your way to making Tempe your new home.
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