Rent to Own Homes in San Leandro
This is a family-friendly city that features a long list of local parks, many of which include playgrounds, walking trails and large lakes that allow fishing. Marina Park offers a mile-long trail that follows the shoreline, and Thrasher Park offers a safe playground. Other parks with open space for recreation include Cherry Grove Park, Bonaire Park and Toyon Park. Kids and teenagers are also served by the San Leandro School District, which includes San Leandro High School.
This city was originally created with the Rancho San Leandro land grant, but it's best known today as a scenic coastal city that rests just below the San Leandro Hills. Many residents come to the area because they want to live in a climate that offers sunshine year-round while staying close to the water and some of the larger California cities.
Buying a Home in San Leandro?
Buyers who are accustomed to seeing home prices with seven figures in California are often relieved to see that the median listing price in San Leandro typically stays below $550,000. It's common to see median sales prices that are quite a bit lower than the current listing price, but that doesn't mean that every buyer can get away with below-asking offers. There are some neighborhoods where homes can go for $700,000 or more, so it's important to work with a real estate agent familiar with the trends in various regions of this city.
Popular Neighborhoods in San Leandro?
If you want to live on the east side of town near Lake Chabot, consider the Bay O Vista neighborhood. You'll find many large ranch homes in this area that generally sell for $400,000 - $600,000. The terrain features a lot of hills, and it's easy to find homes that offer gorgeous views and easy access to the golf course and trails surrounding Chabot Park.
If you prefer flat ground that is suitable for biking, look to the family-friendly community known as the Manor. Some of the best public libraries and schools are in this area, and residents can easily access multiple highways as well as the airport and two BART transportation stations. If you prefer to stick closer to the downtown area, consider a small neighborhood known as Estudillo Estates. The homes are older in this area, but you may have a shorter commute to downtown employment options and attractions.
Buying vs. Rent to Own Homes?
If you're planning to purchase a home in San Leandro in the next two or three years, you might consider moving into a rent-to-own home now. The biggest difference between this contract option and the standard home-buying process is that you start out as a renter. You get to move in right away, even if you haven't secured pre-qualification for a home loan. Your agreement will specify a date by which you much purchase the property or move out to give another potential buyer a chance. As long as you make your purchase before that date, you will come out of the deal a proud homeowner. Cost of Living in San Leandro
The cost of living San Leandro is high, but you might expect that if you're familiar with the real estate market in California. The housing market here can easily double or even triple the national average, and that forces many residents to live on a tight budget. You can shop at the farmer's markets and discount stores to save money, but you will still need to carefully consider how much you can afford to invest in your home. While most residents pay up to 30 percent more than average for transportation, most other expenses are priced closer to the national averages.
San Leandro is a beautiful city located on the eastern coast of the San Francisco Bay in central California. While it gives residents access to the water for a variety of fun activities, it's best known for its close proximity to the San Leandro Hills and surrounding mountain ranges. It's also close to the Lake Chabot Regional Park and is home to a variety of golf courses and family-friendly parks. Served by the San Leandro School District and boasting homes with spectacular views, there's no question why so many people are proud to call San Leandro home.