Friday, December 5, 2014

Housing Choices Near the Intel and Micron campuses in Folsom California

The City of Folsom enjoys a position between the bustling state capitol of Sacramento and the azure shores and popular ski slopes of Lake Tahoe. It’s a wonderful place to call home to extensive local amenities, shopping and nearby natural attractions.

Additionally Folsom residents enjoy the Folsom Lake State recreation area, one of the largest parks in the state system. This area offers swimming, hiking, boating and more.
Folsom is located in Sacramento County but is close to both El Dorado County and Placer County. Here’s an area and market glimpse starting with the City of Folsom.

Folsom: People who work in Folsom, have a large range of housing options – both for rent and for purchase.

Folsom Rental options:
·         Apartments and condos rent for prices from $1,150 to $2,000.
·         Homes rent from about $1,800 to $3,400.

Folsom Purchase options:
v  Sales prices for condos: $200,000 to $340,000
v  Sales prices for homes $260,000 to $1,350,000

Sacramento County offers a huge selection of neighborhoods and housing. People who work in Folsom, can find nearby housing choices in Orangevale, Fair Oaks and Rancho Cordova.
Sacramento County Rental Options (within a reasonable commute of the Micron and Intel Campuses)

Apartments and Condos rent from $750 to $3,480 per month  Homes rent from $1,200 to $4,500

Sacramento County Purchase Options (within a reasonable commute of the Micron and Intel)
Condos sell from  $175,000 to $550,000
Homes sell from $178,000 to $2,435,000

The El Dorado County line is literally five minutes from the Micron and Intel campuses in Folsom. It’s an easy commute from a number of suburban and rural communities in El Dorado County to Folsom. Great choices include El Dorado Hills, Cameron Park, Rescue and Placerville. This area is further into the foothills so we start to see larger parcels and bigger trees. It’s nice. The housing prices that follow reflect the communities outline above. This county covers a huge area, much of it is just too far from Micron and Intel to be considered for housing choices.

El Dorado County Rental Options:
Apartments and Condos rent for prices from $900 to $2,600 per month
Homes rent for prices from $1,700 to $3,500

El Dorado County Purchase Options                                            

Condos sell for prices from $130,000 to $350,000
Homes sell for prices from $230,000 to $1,500,000

Placer County is a bit further from Folsom however some transferees may choose to live here. A very popular yet expensive community is Granite Bay. This community boasts the highest ranking schools in the Greater Sacramento area. There are homes and estates here, very few apartments or condos

For more affordable choices in Placer County, transferees could look to Roseville or beyond however they usually do not not. They can obtain similar housing options closer to work in communities that have already been described. This is another large county. Many of it’s communities are just too far from Folsom to be convenient.

Granite Bay Rental Options
Homes rent for prices from $2,200 to $4,000.
There are currently no apartments or condos for rent in Granite Bay and they are rare.

Granite Bay Purchase Options
Homes sell for $342,000 to $2,800,000
There are no condos for sale in Granite Bay. 

If you would like a country lifestyle that’s also close to shops, restaurants and school, consider my new listing with is a view home on 5 acres in El Dorado Hills.  This rare property backs to Pine Hill Preserve (which stretches to the American River). The sparkling clean country home has picture windows framing vistas of the surrounding hills. Home features include a large living room with a stone fireplace, family room that opens to a huge back patio, spacious master suite that has a private view balcony. The sunny kitchen has Swanstone (eco-friendly) counter tops and views. Topography is gentle with paved RV parking with hookups, two gardens and mega-detached storage. Near the end of the road. Deer and Turkeys abound. Move in for the holidays. Click Here for the Virtual Tour of 1981 Sweet Valley Rd.

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