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Old 08-08-2012, 03:31 PM
 
34 posts, read 83,654 times
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We are thinking of moving from Texas to Boise. Right now I'm looking into the different neighborhoods. It seems like a lot of people like the southeast Boise area and the Bench. My husband would like to rent office space in the downtown area. Compared to what he now pays, office space is cheap in Boise! As far as house, we are looking to find something around 150K with 3-4 bedrooms. I've seen a lot of foreclosures with low prices. Are they all trashed out or are they generally a good deal?
How does southeast Boise compare to the bench area in terms of feel and price?
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Old 08-08-2012, 03:41 PM
 
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Southeast is a lot more modern suburban and "luxurious" in feel compared to the bench (and this is more true the more southeast you go). It also feels more removed from the city (and it is)

The bench is mostly older homes and is fairly centrally located with a lot of retail and great freeway access.

If your husband will have office space in downtown Boise, either one will give you an easy and fairly quick commute.
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Old 08-17-2012, 03:03 PM
 
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The cheapest newish housing close-in will be in Meridian.
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Old 08-20-2012, 11:12 AM
 
Location: Boise, Idaho
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Under $150,000 is becoming a more and more difficult price point. Our market has seen some of the highest price appreciation year-over-year in the country and we've really seen that in the lower priced homes. One main reason for this is that we've seen such a decline in forclosures. Without banks driving prices down, we've been able to stabalize and see prices go up. The higher our prices, the fewer people there are upside down in their houses so it's kind of self-perpetuating positive cycle. In any case, there are a handful of homes in both areas that could work at this price point and both have their pros and cons. I'd recommend finding a real estate agent to help you with this--it's a very active, rapidly changing market right now.

As for bank-owned properties, yes, they are generally not in the best condition and have often been vacant for six months, a year, or longer. Some banks do come in and properly prepare a home for market, but most do not. There are good deals out there with bank owned properties but many of them go quickly to cash buyers. It is a very competitive market segment.
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