There are countless reasons why about 500,00 people call Fresno home, and the real estate market is just one of them. One of the standout features of the Fresno area is its diverse housing options. Fresno offers housing for people from all walks of life, from architecturally significant, stately mansions and gated communities to contemporary dwellings on large lots with mature trees. Multi-unit complexes and brand-new, custom-built homes with magnificent lake views are also fixtures of the Fresno housing scene.
The rich history of Fresno is evidenced in its century-old homes that exude a French colonial flavor, classic Spanish Revival style homes and the elegance of English Tudor. Traditional designs feature native Californian bungalows, charming Italian Villas and comfortable ranches. Neighborhoods with meticulously manicured lawns, gardens in bloom with colors accentuated by the sun and tree-lined streets, all add to the allure of living in Fresno.
Existing homes fall into a wide price range. California-style ranch homes can be purchased for approximately $160,000 while traditional bungalows often start around $200,000. For those seeking luxury, numerous homes for upward of $1 million can be found throughout the city, many of which offer spacious living quarters, large lots, mature landscaping and glorious lake views.
One of the most exciting area of residential development has been in Downtown Fresno. This once abandoned and forgotten area is now buzzing with young professionals, artists, families, entrepreneurs, and even four-legged friends who crave the newly created urban lifestyle. The Mural District in Downtown Fresno now boasts over eight new multi-family housing developments, with many new developments opened just in the last year! Residents can choose from a wide range of housing styles to rent, including restored historic spaces to contemporary and hip newly constructed units. Options include: urban lofts, multi-story townhouses with amazing views and balconies, live-work units, artist studios, family-friendly spaces with multiple bedrooms and attached garages. Many of these housing options are state-of-art and eco-friendly, and provide the occupants with comfort, piece of mind in knowing they are saving precious resources.
Whether a buyer is looking for a larger home to accommodate a growing family, upgrading to a layout that is ideal for entertaining or downsizing after retirement, Fresno offers something for everyone. One example would be the Bonadelle Neighborhoods, located throughout Fresno and Clovis. This development offers a unique blend of custom homes, traditional single-family developments, as well as future cutting edge multiple-family developments.
Fresno also has a vast number of option available for its older population, including several senior and assisted-living facilities. There has been an increased interest in senior living as evidenced by the construction of the facilities in northwest Fresno and others currently in the permitting process.