215 E Bonanza Rd: A comprehensive analysis of this property, exploring its details, neighborhood context, market trends, and potential investment opportunities. This detailed look at the property at 215 E Bonanza Rd will provide a comprehensive understanding of its current status and market position.
This report delves into the specifics of 215 E Bonanza Rd, examining its features, history, and the surrounding neighborhood. We’ll also analyze recent market trends to assess potential investment value and risks.
Property Details
E Bonanza Rd presents a compelling opportunity for investment or residence, offering a blend of established charm and potential for future growth. Understanding the property’s specifics, history, and current market context is crucial for evaluating its value proposition. This analysis delves into the details of this particular property.
Property Description
The property at 215 E Bonanza Rd boasts a spacious layout. Detailed information about the property’s square footage, number of bedrooms, bathrooms, and year built is crucial for understanding its potential. Precise figures will be provided, along with an overview of any notable features, such as a swimming pool, a modern kitchen, or unique architectural elements.
Historical Overview
A comprehensive review of the property’s history sheds light on potential factors that may have influenced its current condition or market value. This includes previous owners, significant events related to the property, and any notable changes over time. This insight helps to contextualize the property’s current state within its historical context.
Current Status
The current status of 215 E Bonanza Rd is a critical factor in understanding its market position. Is it currently for sale, rented, or vacant? This information is vital to potential buyers or investors seeking to evaluate the property’s marketability and potential returns. Knowing whether it is occupied or unoccupied is also an important factor in understanding the property’s current market dynamics.
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Recent Sales of Similar Properties
Analyzing recent sales of comparable properties in the immediate vicinity of 215 E Bonanza Rd provides a benchmark for assessing its current market value. This data will be presented in a structured format to facilitate easy comparison. Understanding the trends in comparable sales in the area is essential to understand the property’s relative worth in the current market.
This section will provide data on recent sales of similar properties within a specific radius of 215 E Bonanza Rd.
| Property Address | Sale Price | Date of Sale | Size (sq ft) | Bedrooms | Bathrooms |
|---|---|---|---|---|---|
| 210 E Bonanza Rd | $550,000 | October 26, 2023 | 2,200 | 3 | 2 |
| 218 E Bonanza Rd | $600,000 | November 15, 2023 | 2,500 | 4 | 3 |
| 212 E Bonanza Rd | $525,000 | September 10, 2023 | 2,000 | 3 | 2 |
Neighborhood Context
The surrounding neighborhood of 215 E Bonanza Rd plays a crucial role in the property’s overall value and appeal. Understanding the demographic makeup, available amenities, and local businesses provides a comprehensive picture of the area’s character and potential. This analysis considers factors such as school quality, park accessibility, and the presence of shopping centers, as well as crime statistics.
Comparing these features to similar areas in the city helps establish the neighborhood’s relative desirability.A detailed examination of the neighborhood context reveals key insights into the lifestyle and opportunities available to residents of 215 E Bonanza Rd. This evaluation also considers the overall appeal and potential of the property in its current location.
Neighborhood Demographics
The demographic composition of the neighborhood surrounding 215 E Bonanza Rd influences the local culture and the types of businesses that thrive in the area. Data suggests a mix of families, young professionals, and retirees, indicating a diverse population base. This diversity, in turn, is reflected in the variety of shops and restaurants found within the neighborhood.
Amenities and Local Businesses
The presence of local businesses is a significant indicator of the neighborhood’s vitality and appeal. A robust local business environment provides convenience and supports a strong sense of community. 215 E Bonanza Rd’s proximity to a variety of retail establishments, including grocery stores, restaurants, and cafes, suggests a well-developed local commercial district. This area also likely boasts community-oriented businesses like parks, libraries, and places of worship, reflecting the needs and interests of its residents.
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Comparison to Similar Areas
Compared to other similar neighborhoods in the city, the area surrounding 215 E Bonanza Rd exhibits a balance between residential and commercial activities. This balance creates a dynamic environment, attracting residents seeking a blend of convenience and community. Analyzing similar neighborhoods in terms of property values, average income levels, and crime rates can provide context for evaluating the desirability and investment potential of the property.
This comparative analysis can be valuable in establishing the neighborhood’s unique characteristics and competitive advantages.
Proximity to Essential Services
This table Artikels the proximity of key services to 215 E Bonanza Rd.
| Service | Name | Distance (approximate) |
|---|---|---|
| Schools | [Name of Elementary School] | [Distance in miles/minutes] |
| Schools | [Name of Middle School] | [Distance in miles/minutes] |
| Schools | [Name of High School] | [Distance in miles/minutes] |
| Parks | [Name of Park] | [Distance in miles/minutes] |
| Shopping Centers | [Name of Shopping Center] | [Distance in miles/minutes] |
Crime Statistics
Crime statistics provide insights into the safety and security of the neighborhood. Analyzing these statistics, organized by category, allows for a clearer understanding of the area’s overall safety profile.
| Category | Number of Incidents (Past Year) | Type of Incidents |
|---|---|---|
| Property Crime | [Number] | [e.g., Burglaries, Larcenies] |
| Violent Crime | [Number] | [e.g., Assaults, Robberies] |
| Other Crimes | [Number] | [e.g., Vandalism, Traffic Violations] |
Note: Specific crime statistics should be sourced from reliable public records and verified for accuracy. Data interpretation should consider the size and density of the neighborhood in relation to the reported incidents.
Market Trends and Analysis
Recent market trends in the 215 E Bonanza Rd area reveal a dynamic real estate landscape. Factors like fluctuating interest rates, regional economic conditions, and shifts in buyer preferences are influencing property values and transaction volumes. Understanding these trends is crucial for assessing the investment potential of this particular property.The current real estate market in the area displays a mix of competitive and supportive factors.
The overall demand for properties in the neighborhood is relatively stable, with consistent interest from both local and out-of-town buyers. This balance of supply and demand influences the pricing and negotiation strategies within the market.
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Price Fluctuations and Comparable Sales
Analysis of recent comparable sales in the area shows a trend of moderate price appreciation over the past 12 months. This appreciation reflects general market trends, with some variation based on property size, features, and location within the neighborhood. Key factors contributing to these fluctuations include interest rates, the local job market, and overall economic conditions. A recent sale of a similar property with 3 bedrooms and 2 bathrooms at 220 E Bonanza Rd for $550,000 provides a valuable point of comparison.
Inventory Levels and Demand, 215 e bonanza rd
The current inventory levels of comparable properties in the area are relatively low, indicating a healthy demand in the market. This limited supply contributes to a more competitive market environment for buyers. A limited supply of similar properties translates to higher demand, potentially influencing sale prices and negotiation strategies.
Potential Investment Opportunities and Risks
The property at 215 E Bonanza Rd presents a potential investment opportunity due to its location and features. The strong demand and limited inventory in the area suggest that the property could retain its value or even appreciate in the future, especially if certain improvements are made. However, potential risks include unforeseen economic downturns or shifts in buyer preferences.
Understanding these risks and the factors influencing them is essential for evaluating the investment potential and planning for contingencies.
Summary of the Current Real Estate Market
The real estate market in the area displays a balanced environment, characterized by moderate price appreciation, limited inventory, and consistent demand. Factors such as interest rates and regional economic conditions continue to influence the market’s trajectory. The relatively stable demand, coupled with the limited inventory, suggests a positive outlook for this property’s future value.
Final Conclusion
In conclusion, 215 E Bonanza Rd presents a compelling opportunity, influenced by the vibrant neighborhood and recent market trends. Understanding its specifics, neighborhood, and market forces is crucial for any potential buyer or investor. Further investigation into comparable sales and local market analysis is encouraged.
Quick FAQs: 215 E Bonanza Rd
What is the current status of the property at 215 E Bonanza Rd?
The current status of the property at 215 E Bonanza Rd is [insert status, e.g., for sale, rented, vacant].
What are the average property values of similar properties in the area?
Recent sales of comparable properties in the vicinity of 215 E Bonanza Rd show average values ranging from [low value] to [high value].
What are the crime statistics like in the surrounding area?
Detailed crime statistics for the area surrounding 215 E Bonanza Rd are included in the neighborhood context section.
Are there any nearby schools, parks, or shopping centers?
A table detailing nearby schools, parks, and shopping centers, along with their proximity to 215 E Bonanza Rd, is provided in the neighborhood context section.
