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Old 08-28-2018, 02:23 PM
 
Location: Illinois USA
291 posts, read 147,623 times
Reputation: 211

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Hi
I'm thinking of moving to the Bay area , I have a 3 yr old son and would like a neighborhood that is safe and has good schools
But my income ( potentially) will be 300k there , I was told anything less than 400k it would be very hard to afford houses there
I would like a place in approx a 2 hr radius from Alamo CA

All the house I see there are so expensive and areas where houses are affordable the schools are average

any advice is welcome

thanks
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Old 08-28-2018, 02:29 PM
 
Location: Orange County
204 posts, read 68,870 times
Reputation: 551
You are going to need to state your budget and your desire, single family home, condo, townhouse...?
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Old 08-28-2018, 02:42 PM
 
Location: Formerly Pleasanton Ca, now in Marietta Ga
4,109 posts, read 3,400,520 times
Reputation: 5633
Try Danville it butts up against Alamo-great schools You can get a house for 1,2 million with a PITI of $6638 a month. Your income it should be easy
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Old 08-28-2018, 03:24 PM
 
Location: State of Transition
72,637 posts, read 64,111,757 times
Reputation: 68376
OP, there's the Inner Bay, and the outer Bay. The Inner Bay Area is very expensive. The Outer Bay, where you're looking, could be affordable. Also, you can consider getting a townhome, instead of a house. But don't be scared away by people telling you it's unaffordable everywhere. Scout out the RE listings for Alamo and Danville, for starters, to get an idea.
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Old 08-28-2018, 04:10 PM
 
Location: Sierra Nevada Land, CA
7,901 posts, read 8,472,480 times
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With an income of 300k per year you should be fine in the Bay Area. Bear in mind that average schools are fine.
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Old 08-28-2018, 04:21 PM
 
Location: Illinois USA
291 posts, read 147,623 times
Reputation: 211
Quote:
Originally Posted by Danica32 View Post
You are going to need to state your budget and your desire, single family home, condo, townhouse...?
sorry prefer single family house for sure
I was thinking 3 bedroom 2 bath,

budget I was thinking no more than 600 k
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Old 08-28-2018, 04:22 PM
 
Location: Illinois USA
291 posts, read 147,623 times
Reputation: 211
Quote:
Originally Posted by Mr5150 View Post
With an income of 300k per year you should be fine in the Bay Area. Bear in mind that average schools are fine.
what is the best way to evaluate their ratings ?

average as in 7 to 8?
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Old 08-28-2018, 04:51 PM
 
Location: SF Bay Area
15,404 posts, read 24,375,629 times
Reputation: 8769
Quote:
Originally Posted by Dad01 View Post
sorry prefer single family house for sure
I was thinking 3 bedroom 2 bath,

budget I was thinking no more than 600 k
That's a rather low budget given your income. Martinez or Brentwood can you get you good schools for that price. Honestly $300K a year you should be able to get a home in Alamo itself but I don't know your financial situation so...
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Old 08-29-2018, 10:08 AM
 
Location: Bay Area, CA
57 posts, read 42,484 times
Reputation: 97
Quote:
Originally Posted by Dad01 View Post
what is the best way to evaluate their ratings ?

average as in 7 to 8?
Our youngest child recently returned home after graduation and this summer we helped her look for a place to live in East Bay so I am somewhat familiar with the area.

For requirements of $600K single family detached house in safe area with ave to good schools ratings (+7/10) within 2-3 hours of Alamo, you might find something in Pleasant hill, Concord, or Davis which is 1 hr+ away

https://www.redfin.com/CA/Concord/53...m_content=link

If you want to be closer to Alamo, you will need to lower your expectation to a townhouse or condo with 2BR, 2BA 1000sf, in Walnut Creek, or San Ramon. Occasionally, you might be able to find a 3BRs as the one below.

https://www.redfin.com/CA/San-Ramon/...m_content=link

There are plenty of new development houses in the $600K requirement in the cities such as Fairfield, Vacaville, Discovery Bay areas, but unfortunately schools are not that great in those areas.

I would not pay too much attention to the naysayers. Keep looking and something will always turn up, just be prepared to make the offer when you see one.

Good luck.
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Old 08-29-2018, 06:11 PM
 
298 posts, read 68,394 times
Reputation: 618
What Semiworker said...

I live in Contra Costa county and that's pretty much where your budget will limit your selection.
Will you be working in Alamo?
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