We all know that location is a big part of determining a properties "value." In today's paper, there is an article titled "Chandler may expand bus route from Tempe."  Part of the article says.. "According to a transportation study released earlier this year, more than 60,000 people travel between central Chandler and Tempe every day for school, business, shopping or dining"

With gas at four bucks a gallon, many commuters are taking the bus or even biking to work.  In communities where this is possible, I believe you will see much higher appreciation, in the near term than other parts of the valley. Back in December of 06' I mentioned my belief that with "the struggles and inventory issues of Queen Creek, Maricopa and some of the outlying areas, there may be a shift to properties with easier access to more centralized locations." Heck, way back then, gas was much more affordable too..

Tempe is well positioned to take advantage of peoples desire to be close to work, shopping, restaurants, sporting activities and the conveniences of life without having to spend a fortune getting there.

Tempe's Orbit Line

Our bus systems have been expanded with express routes running through the city. We have big buses, small buses and medium sized buses, the choice is yours.. There will be more changes soon to hook up to the new Light Rail routes. Next weeks meetings for the Tempe South Transit Study will discuss the future additions of more options through South Tempe. All of these changes should make it easier for people to get around if they choose not to drive a car. Given that, one would think property values in Tempe should do well as it is just another one of the many great benefits this city has to offer.

To Live, work and play, our great city is hard to beat! Tempe is very centrally located with easy access to our freeway systems and to the airport. Here, you will find some amazing housing opportunities, a great arts community, wonderful restaurants, great schools, lot's of different jobs, enthusiastic sports fans and a wonderful lifestyle in an amazingly convenient location that is close to many of the things our great state has to offer.

If you have any questions about the community of Tempe Arizona, please feel free to visit our web site at http://www.nickbastian.com/ or feel free to call us at 602-803-6425 or toll free at 1-888-343-6425.

Nick Bastian, Tempe AZ Real Estate agent.

      Buying or Selling Real Estate?

            "Just Call Nick!"

        602-803-NICK (6425)

 
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7 Comments on Tempe property values and a good Transit System..

JUN
06
2008
1 Featured Post

You are so right about this Nick.  Light Rail, whether one agrees with it or not, will probably do well and help a great deal.  Tempe will be the place to live.

5:06am • #1
1 Featured Post

Doreen, you bring up an EXCELLENT point.. Not everyone agrees with the system. My thought is that it IS coming, we might as well use it to the best of our advantage. :-) Plus, it will be kind of fun to go on a "train ride."

10:52am • #2
JUN
07
2008
1 Featured Post

Hey, I wanna go for a ride.  I wonder if they will be giving our free passes?????  wadayathink?

1:53pm • #3
JUN
08
2008
1 Featured Post

They will be giving free rides during "grand opening" weekend. After that, the only ones I know of go to ASU students.. Each student will get one as part of tuition.. Maybe we should take some classes. :-)

10:57am • #4
JUN
19
2008
239,818 Points 21 Featured Posts Outside Blog

Is it any wonder that the "Tempe" rainers are very jazzed about this? I love Tempe- it's the little city that is embracing it's big-city conveniences, attractions, etc. while maintaining a hip and unique identity. All of the transit options make it such a great place to live.

3:24pm • #5
JUN
24
2008

As a Chandler resident, my family and I have enjoyed a few of the Tempe destinations, as well as those in Mesa.  Both areas will benefit from the light rail -- they have to!  Tempe already has a ready population needing transportation service.  Mesa needs this more -- the downtown is barren -- the Arts Center is beautifully urban and fantastic, but nobody knows it's there.

The fellow that coined the phrase 'location, location, location' should have followed it up with 'transportation, transportation, transportation'!

12:07pm • #6
1 Featured Post

Chuck W - You got that right.. (as usual) - Tempe is a great place to live.

Chuck A - The area near the Mesa Arts Center would (in my opinion) benefit greatly from light rail expansion. They have been trying to breathe life in to that area for as long as I can remember. What a great fit..

1:16pm • #7

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Nick Bastian - Tempe, AZ Real Estate Agent

Tempe, AZ

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