When buying a house it’s important to consider location and the surrounding demographics for your future home. Apple Brides recently partnered with Zillow to spotlight some up and coming neighborhoods in the Spokane area that potential home buyers may be interested in.
By Satinder Haer of Zillow
Twenty-one percent of Spokane’s population is between ages 20 and 34, which is surprisingly high considering Spokane is usually described as a great place for families. Since the typical first-time home buyer is 33 years old and less likely to be married than single, a significant portion of Spokane’s home buyers aren’t nuclear families. They are young professionals, first-time home buyers, and newlyweds looking for homes that suit their lifestyles.
Here are some desirable neighborhoods for these demographics.
Access to restaurants, nightlife and entertainment drives the housing hunt for most young professionals. Instead of spending their weekends mowing the lawn, they opt to pay a homeowners fee that frees their time to hit the town. Browne’s Addition is a great location for young, career driven residents of Spokane. Many of the enormous, historic homes in this neighborhood have been recently converted into multi-unit condos and apartments. Located just west of downtown Spokane, residents of Browne’s Addition can walk, bus or bike to the heart of the city for work and spend their weekend wandering the Museum of Arts and Culture.
Newlyweds and Growing Families
Buying a home in a family-friendly neighborhood becomes a goal for many recently married couples and those with young children. Neighborhoods such as North Indian Trial and Five Mile Prairie are great for families due to their residential vibe and school districts. Both areas provide beautiful views of places like the Spokane River Gorge, as well as proximity to a large, nearby shopping center. Homes in Five Mile Prairie are a little pricier than the surrounding neighborhoods because the area falls in the reputable Mead School District.
Audubon is a favorite for families who love to get outdoors. A fifteen minute car ride or less will land most Audubon residents at Audubon Park or the much larger Riverside State park for a day of hiking or playing in the water. With a highly-rated elementary school and numerous private school options, the neighborhood of Audubon leaves little to be desired.
Since the average first-time home buyer is spending more on their first purchase than in the 1970s, they’re committing to one location for potentially 15 or 30 years depending on their loan type. The idea of the starter home is fading away and long-term homes are becoming the trend. Finding areas with a strong sense of community and a reasonable commute becomes vital for this group.
Located just outside of the West Central district, Kendall Yards is an up and coming development that first-time home buyers should keep their eyes on. Over 1,100 new residential units, including town homes and condominiums, are being rapidly built among retail plazas and walking trails. The development also promises a bridge that directly connects residents with downtown, keeping the commute easy. Known as Spokane’s hippest neighborhood, young professionals and first-time home buyers are scurrying to find homes in South Perry. The density of trendy restaurants, coffee shops and the Perry Street Brewery create a social buzz on the main street of this neighborhood.
These neighborhoods are a great starting point for individuals who easily identify with a specific category. But regardless of which demographic you fall in, Spokane has real estate options that suit a variety of budgets and needs. And, if you don’t see what you’re looking for yet, watch for neighborhoods undergoing revitalization and development.