Lake Oswego Homes for Sale
Lake Oswego offers several different neighborhoods to choose from when searching homes for sale. Prestigious as the area is downtown still maintains a small town feel. Walking the First Addition neighborhood and surrounding shops is warm and inviting. Homes in this area range from early 1900′s Tudor style to 2008 constructed townhomes. Prices will remain well above Portland’s average though fall below Dunthorpe’s high-end price tags. With land at a premium in First Addition it stands to reason that other areas within the city will have something to offer a bit further away.
Lake Grove an up and coming area neighborhood in Lake Oswego. A lot of Lake Oswego’s closer in areas have undergone development over the last 10 years. Being one of the most desirable areas to live in the Portland metro area, large remodel projects are common. Lake Grove is southeast of city center and still allows in-fill type construction. Newer homes perched within the confines of generally 1960′s models.
Not uncommon for lots to be fetching nearly $300 by the time infrastructure is in place. Ranging on the higher side of Portland’s average size they’re often 7500 square feet. It’ll be rather difficult to secure a newly completed home under $600k. For this price you’ll be looking at approximately 2400 ft. of living space. Many of these homes are designed on one level. Catering to a broad range of occupant situations they’re ideal for buyers who are done with stairs.
Feeding into top performing schools further drives attraction to the Lake Grove community. Prices have a fairly broad range from $300 to slightly under $1m. Close enough to I-5 convenience and Lake Oswego’s First Addition/downtown areas. Bridgeport Village, on of Portland’s newest shopping districts, is within a 5 minute drive. Several restaurants are also available.
Lake Grove is part of unincorporated Lake Oswego. Sewer hookup is often not available and therefore each individual homeowner is on a separate septic system. Water is supplied from the city. With city water comes privileges of using swim easements on the lake. Certain lots also have boating easements as well. Boat easements run with the land and are not transferable. This allows launching of boats on the lake that would not be permitted otherwise. Verification of home address will be required for use of several public swim beaches.
Just north of the River Grove area, Lake Grove is starting to show it’s desireability. As we work through these economic slow times currently development will continue and most likely prove to be a good investment. Buying Lake Oswego houses in any time in the remainder of 2008 should prove to be an overall great housing investment. Continuation of sliding home prices will stop. With this area of Portland’s upper end neighborhoods and top performing schools it’s unlikely to be getting much more affordable than the present.
Search our site for Portland MLS homes for sale at www.MaxwellSinclair.com.
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