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3 Best Neighborhoods San Mateo, California Has to Offer for Families: An Investor’s Guide

So, you have decided to invest in family-friendly properties in San Mateo, California? Well, that is a smart decision! This city is known for its excellent schools, beautiful parks, and endless family-friendly activities. Not to mention, the homes in San Mateo are quite affordable compared to other parts of California.

However, with so many nice neighborhoods in this city, which one should you choose for investment? Let us help you make the right choice with our top picks for the best neighborhoods San Mateo has to offer to families.

Key Factors to Consider When Choosing a Family-Friendly Neighborhood to Invest In

When it comes to choosing a family-friendly neighborhood to invest in, there are key factors to consider.

Location

Ideally, you would want to choose a neighborhood in a convenient location so that families will have no difficulty getting the things that they need on a daily basis. Better yet, it would make a property more saleable if it is just a walking distance from essential establishments.

However, this does not necessarily mean that you should only do your search in the most centrally located area. Instead, you should envision how families would live in it from the time they purchase your property to the near future.

Does the neighborhood have close proximity to shopping malls, groceries, transportation hubs, and other necessary amenities? Is the commute to work reasonable? Or, are there any developments planned in the near future that would make the location even more convenient?

Crime Rate

You can never call a neighborhood “family-friendly” if it has a high crime rate. After all, families would want to live in a place where they can feel safe and secure at all times.

And, from an investor’s standpoint, it will be more difficult to sell a property in a neighborhood that many people know is not safe. So, be sure to collect the crime data of your target neighborhoods before making any decisions.

Schools

When it comes to education, any parent would want nothing but the best for their children. So, if you are targeting families with school-aged children, then it would be best to invest in a neighborhood that has excellent private and public schools nearby.

To find out which schools are located near your target neighborhood, you can check online or contact the local school district office.

Nearby Attractions

Families love to enjoy quality time together, and what better way to do that than by living near fun attractions? If your target neighborhood has family-friendly parks, recreational centers, museums, and other fun places for outdoor activities nearby, then that would be a big selling point for your property.

Take note, however, that not all families are the same, and they might have different preferences when it comes to attractions. So, it would be best to do your research first and find out which types of activities are most popular among families in San Mateo.

Property Value

While you try to invest in affordable neighborhoods, you should also take into consideration the market value of properties. After all, you would want to make a profit out of your investment, and that can only happen if the property you are buying has a high value, or it has the potential to appreciate over time.

There are various factors that can drive home values. For example, busy streets affect real estate value in both ways, depending on how it affects the quality of life of the family living in the property.

On one hand, it can be a major source of noise pollution, which can significantly lower the quality of life. On the other hand, being near a busy street also means that the property is more accessible to public transportation, which can increase its value. With that said, you need to strike a balance between its accessibility and livability to get the best value for your investment.

Another factor that can affect property values is the presence of schools in the area. As mentioned earlier, many families are willing to pay a premium just to live near good schools. So, this is something you should keep in mind.

Lastly, properties located in prime locations tend to have high values. This is because they offer more convenience and accessibility than those located in less desirable areas.

Purchasing a property with good market value would give you the best potential for ROI when you eventually sell it. So, be sure to do your research and consult with local agents before making any decisions.

To gather more information on finding the best family friendly neighborhoods in San Mateo for your criteria, you can visit the Pinto Capital Investments website. Here you can get support and guidance from real estate experts who know the ins and outs of the industry. They will even provide you with a list of potential properties that fit your investment goals. So, if you’re serious about investing in San Mateo real estate, then be sure to check them out!

The 3 Best Family Friendly Neighborhoods in San Mateo, CA to Invest In

Orlando Neighborhood houses

Now that you know the key factors to consider when looking for the best neighborhoods San Mateo has to offer for families, let us give you our top recommendations. Here are three places where you should start your search.

1. Downtown San Mateo

The Downtown area takes the number one spot on our list because of its central location and proximity to essential establishments. It has numerous shops and restaurants where families can spend a good time together, plus there are many parks in the area where kids can play and explore.

One notable attraction in Downtown San Mateo is Central Park, which is a perfect place to bring the kids for a fun and educational day out. The best part is that it’s free to enter! This is also where you can find the ever-popular Japanese garden where you can admire the beauty of nature.

Steeped in history, Downtown San Mateo is also home to many architectural buildings and museums that are worth exploring. Families who love learning about the past will definitely enjoy touring these places.

Notable Schools:

  • Episcopal Day School of St. Matthew
  • Stanbridge Academy
  • San Mateo High School

Median Listing Home Price: $825K

2. Westwood Knolls

Located in the southwestern part of San Mateo, Westwood Knolls is a peaceful and serene community that’s perfect for families who are looking for a quiet place to live in. This neighborhood is mostly residential, so you can expect to find plenty of single-family homes here.

One of the best things about Westwood Knolls is that it’s very close to major highways, making it easy for residents to get around. Plus, there are also many public transportation options available, which makes commuting a breeze.

Also, when you check this neighborhood out on the United States Census Bureau, you will find out that it still has a smaller population compared to other communities in the city. So, if you’re looking for a place that’s not too crowded, then this is definitely worth considering.

However, the homes for sale here tend to be more expensive than in other areas in San Mateo, so you need to be ready to shell out a bit more cash if you are serious about buying a property in this neighborhood.

Notable Schools:

  • Laurel Elementary
  • Abbott Middle School
  • Hillsdale High School

Median Listing Home Price: $1.8M

3. Foster City

This is one of the best places to live in San Mateo for families because it has something for everyone. From its vast open spaces to its many amenities, this neighborhood has everything you need to raise a family comfortably.

One of the best features of Foster City is that it’s located right on the water. So, if you are interested in investing in waterfront homes, then this is definitely the place for you.

Another key aspect of this neighborhood is that it has a very low crime rate, despite its large population size. When you check it on crime statistics websites, such as Crime Grade, you will find out that Foster City is one of the safest places in California, ranking a high spot out of the many cities with a population of 25,000 residents or more.

Notable Schools:

  • San Mateo-Foster City School District
  • Foster City Elementary School
  • Fusion Academy San Mateo – Foster City

Median Listing Home Price: $1.5M

Runner-Up Neighborhoods

Apart from the three places mentioned above, there are also other neighborhoods that are worth mentioning in terms of being family-friendly.

Burlingame Avenue

This pedestrian-friendly district is perfect for individuals and families who love to take strolls or go on runs. There are also many shops and restaurants available in the area for some retail therapy or a quick bite.

This neighborhood is home to the Burlingame Farmers Market, which makes it ideal for those who love fresh and organic produce. This market is open all year round, so families can always enjoy buying locally grown fruits and vegetables.

Coyote Point

This is also a good place to find great waterfront homes for sale. Your options can range from apartments and condos to single-family homes.

And, being close to the water, Coyote Point is also perfect for families who love spending time outdoors. It has a vast recreation area that offers plenty of activities, such as picnicking, fishing, boating, and more.

Shoreview

If you are looking for up-and-coming neighborhoods, then this is a good place to check out. It is a large townhome development built around a central park. This is a great place for families who are looking for affordable homes without sacrificing quality and comfort. And, since it’s still a new development, you can expect the homes here to appreciate in value over time.

These are just some of the best family friendly neighborhoods in San Mateo that you can invest in. If you want to do further research on these places, you can check out the Neighborhood Scout. Here you can find more information, such as demographics, climate, real estate market activities, tourism, and way of living. With such, you can come up with an even more informed decision for your investment. 

Final Thoughts

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When investing in real estate, it is always best to do your homework first. This is especially true if you are looking to buy properties in family-friendly neighborhoods.

By taking the time to research and learn about the different markets, you can be sure that you are making the best possible decision for your investment. And with this guide, we hope that we were able to help you find the best neighborhoods San Mateo, CA has to offer for investors like you.

If you need more information for your real estate endeavors, feel free to speak with us today. We will be glad to provide you with some expert advice. Happy investing!

Read Next: What To Know Before Moving to San Mateo

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