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Baniani & Bonetti

Saratoga Gardens

 
Saratoga Gardens is a subdivision of moderately sized lots (8000+/-sf), southwest of Highway 85 and southeast of Saratoga Avenue that has the distinction of having the lowest priced detached homes with highly sought after Saratoga schools.  As a result, the neighborhood is in transition with older (50+ years), smaller (typically 1100-1700 sf) homes gradually being replaced by new construction (2600+ sf).  Put another way, Saratoga schools enhance the land value sufficiently that the value of older structures is somewhat incidental.  In contrast, the Aspesi neighborhood to the east has more value imputed to the structures.

The transitional character of the Saratoga Gardens neighborhood is reflected in the table below of sales in 2008:


13534 MYREN DR 2609 8276 2  $   1,699,000  $  1,690,000  $   (9,000) 10
13524 HOLIDAY DR 1664 8600 16  $   1,199,000  $  1,265,000  $   66,000 15
13385 RONNIE WY 1974 8000 55  $   1,100,000  $  1,080,000  $ (20,000) 27
19105 DAGMAR DR 1161 8316 54  $      999,950  $  1,000,000  $          50 42
13428 CHRISTIE DR 1100 7875 54  $      935,000  $     975,000  $   40,000 1
Average 1702 8213 36  $   1,186,590  $  1,202,000  $   15,410 19
Source: MLS Date compiled by Rick Bonetti, Alain Pinel Realtors


Data is believed accurate, but not verified.





Thank you for visiting my website. Visit www.SaratogaVoice.com and find out more information about homes for sale in Saratoga, Los Gatos, Monte Sereno, Campbell, Cupertino and surrounding San Jose communities of Almaden, Cambrian and Happy Valley. Get real estate market trends, homebuyer tips, homeseller tips, mortgage loan help and more. Call Rick Bonetti at 408-857-8800 or email me at rbonetti@apr.com