Everything you hear about real estate these days is bad, bad, bad. But, if you happen to own a home in Boise's Northend, the news is much brighter. Now, I'm not saying that prices haven't dropped a bit - they have. We have not been affected nearly as much as many places in the U.S., and not even as much as most places in Idaho. What does the Northend have going for it that keeps our home values relatively stable?
1. We can walk or ride our bikes almost anywhere we want to go. We do not have to drive to go to great restaurants, the movies, the park or shop for groceries. Our proximity to downtown Boise makes our location highly desirable.
2. The Ridge to Rivers Trail System starts in our backyard. 125 miles of hiking and mountain bike trails is a big Northend draw.
3. We have great schools. Wonderful neighborhood elementary schools feed into North Junior High. Boise High School consistently ranks in the Nation's top 1000 high schools. This year (2008) it ranked #396 (Newsweek).
4. We have older houses with wonderful character. No cookie cutter subdivisions here. There is a fabulous mix of architectural styles, ranging from the late 1800's through the present. Most of the Northend lies in an historic district, which helps preserve the integrity of the area.
5. Families, singles, seniors and more mingle contentedly together. We have a congenial mix of people in our neighborhood.
With everything we've got, it is no wonder that Boise’s Northend neighborhood has been named one of the 10 Great Neighborhoods for 2008 through the American Planning Association’s Great Places in America program. Those of us who live here know it. Those of you who don't live here should come check it out.
So, yes we have experienced a slight downturn in our real estate market. Generally though, our prices have remained much more stable that those in other areas. We should emerge from this recession with our equity fairly intact. Best of all, we get to enjoy a great quality of life each and every day we live here.
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