If you’re looking to buy a luxury home, you’ll probably need a jumbo loan to…
Buying a Home in Roseville, California
If you live in the Sacramento area, chances are you’ve already been to Roseville. Nestled between Sacramento and Reno, it’s the largest city in Northern California’s Placer County and is located only 20 miles from the State Capitol.
Roseville is a town that offers plenty of shopping, entertainment, recreation, and employment opportunities. In 2020, Money.com named Roseville the 45th Best Place to Live in America, thanks to major employers like Hewlett-Packard and Kaiser Permanente providing high-paying jobs and the multiple open-air shopping meccas that offer plenty of retail jobs and fantastic shopping options for locals.
According to Niche.com, Roseville, California, is rated as the #7 Best Suburb to Live in the Sacramento area. It has a population of 135,637, the median home value is $444,400, and the median household income is $89,082. The city also boasts a highly rated public school district, making it an ideal place for families to settle down—and for empty-nesters, it was ranked as the #25 Best City to Retire in America.
Things to Do in Roseville, CA
Within the city of Roseville, you can enjoy more than 80 parks and recreation facilities and more than 35 miles of paved off-street trails. Roseville is also known as a hub for upscale shopping malls, like the Westfield Galleria and Fountains at Roseville, which draw thousands of visitors a day. Then there are multiple museums in Roseville, including the Maidu Museum & Historic Site, Carnegie Library Museum, and the Roseville Telephone Museum.
For families, there’s the Golfland Sunsplash, which is best known for its water park and miniature golf. It also features several attractions like bumper cars, laser tag, and an arcade.
Less than 10 miles away is Folsom Lake for boating, fishing, and swimming at its public beaches. The state recreation area also has more than 90 miles of hiking, mountain biking, and horse-riding trails.
A short drive from Roseville will take you to the beautiful Sierra Nevada foothills, California’s Gold Country, as well as skiing, wine-tasting, rafting, and a visit to San Francisco or Lake Tahoe, all of which make for easy day trips.
Buying a Home in Roseville, CA
If you’re looking at Roseville, California, homes for sale, there are plenty of options to choose from—newly built homes in the western area and classic older homes in the downtown area, plus established, higher-end neighborhoods throughout the city.
In this short video, Aaron and Jennifer of New Way Mortgage break down Roseville’s various neighborhoods and what each one is best known for:
One of the great things about real estate in Roseville is the wide range of options and affordability for first-time homebuyers. While starter homes in other areas around Sacramento, like Elk Grove and Folsom, can go for $800K, there are single-family homes and condos in Roseville with a list price in the $400K to $700K range. This makes the price of entry for first-time buyers a lot more affordable here.
Even if you’re looking to upgrade to a bigger and better home, Roseville offers some great value and is less expensive than other cities in the area, especially compared with nearby Rocklin or Lincoln.
Aaron and Jennifer run the numbers on a recent listing in the Blue Oaks neighborhood of Roseville to show what you can get with a 20% down payment and a monthly housing expense of about $4,500, including a mortgage with a 3.625% interest rate, property taxes, and homeowner’s insurance.
If you’re considering buying a home in the city of Roseville, the strategic team at New Way Mortgage can help you find the right financing to fit your real estate purchase. Give us a call today at 916-465-6639 or visit our website at newwaymortgage.com.
We’ve also got the inside scoop on buying a home in Rocklin, CA, Folsom, CA, Elk Grove, CA, and El Dorado Hills, CA.