Where do you get the “biggest bang for your buck” in the nation’s largest housing markets? Trulia recently put that to the test by examining the nation’s 100 biggest metros to find the neighborhoods that offered the best value for first-time buyers. They generated a neighborhood value score that takes into account the cost to live in a neighborhood and the level of amenities. Trulia used listing prices and measured entry-level affordability, then added school information, crime statistics, commuting times and other neighborhood amenities such as restaurants. Their findings? They found reasonably priced neighborhoods that offered the best combination of price and livability even in the most expensive metros including New York, San Francisco, Chicago and Washington.
However the cool part of this article allows you to see the “best value” neighborhoods in the biggest U.S. housing markets by entering the metro name in their interactive map (click below).
Click here to read the full article on Trulia.com.
Click here to see Trulia’s comprehensive affordability maps.