A lot of my clients are from San Francisco and the Bay Area but are now interested in relocating to Sacramento. Whether you’re thinking about cashing out by selling your home in the Bay and living an easier, slower (and more affordable) life in Sacramento or are looking to invest in real estate, Sacramento is a great option! Here are eight reasons why.
1. Parking, Traffic, and Flat Streets
In Sacramento, you won’t have to look for street parking nearly as long, and your daily commute will probably be much shorter (although we still complain about the traffic here). By the way, the streets are mostly flat in Sacramento, which will probably be a welcome change from the Bay!
2. Lower Cost of Living
The cost of living is much lower in Sacramento, a fact you’ll sure enjoy. By current estimates, the average monthly cost of living for a family is only $5,368, compared to approximately a million dollars in the Bay Area (rough math!). In general, the cost of living in the Bay Area is 57% higher than in the capital city of California and making $100k in Sac is like earning $200k+ in San Francisco!
And we’ll talk about home prices in Sacramento down the list.
3. Small Town Feel, But Big City
Sacramento still has all of the amenities and what you want in a big city, but a more laid-back, smaller city vibe, making for a great combination. From parks to pro sports to great healthcare and more, Sacramento checks all the boxes – without being too big, impersonal, or intimidating.
4. Kings and Sports
Sure, we don’t have a pro baseball team in Sacramento. (But isn’t one of yours moving to Las Vegas? Ouch! Too soon?) But we do have a great NBA franchise with a diehard fanbase, a pro soccer team, minor league baseball and hockey, and a whole lot more sporting events!
5. Proximity to Lake Tahoe…and More
Downtown Sacramento is only 104 miles from Lake Tahoe, close proximity for all of those skiers, snowboarders, hikers, and mountain lovers who want to get “up the hill” for a weekend.
And by the way, we’re also just a stone’s throw from the Bay Area or even Napa Valley – bonus!
6. Outdoor Activities
The outdoor fun doesn’t end with Lake Tahoe, as there are endless rivers, lakes, hiking trails, camping spots, and hilly vistas within the Sacramento region or nearby Placer County. For those who like to cycle, run, or just take a relaxing walk, Sacramento features dozens of miles of trails, including the popular Sacramento River Parkway Trail, Yolo Causeway Bike Path, American River Trail, Lake Natoma Trail, and many more!
7. Art, Fairs, Festivals, Concerts
Transplants from the Bay Area definitely won’t be left with nothing on their social calendars, as there’s a myriad of fairs, festivals, concerts in the park, Art Walk Saturdays, and other events to choose from.
Sacramento also has a somewhat-underappreciated restaurant scene, with some countless great venues and eateries, from fancy to food trucks and everything in between – including dazzlingly delicious ethnic food.
And when you do want to get out of town for that quick LA, ‘Vegas, or even Mexico long weekend, Sacramento’s airport is super easy and convenient!
8. Home Prices
We saved the best for last, as the real estate market in Sacramento is way (or way, way, way) more affordable than buying a home in San Francisco or the Bay. With the median home sale value now around $463,828 compared to a median of $1.3 million in San Francisco.
Once you get over the pleasant shock of how favorable the real estate market is in Sacramento, consider also that a million dollars will get you a mansion (literally!) with plenty of property in Sactown, while you’ll have a nice, big, comfy…closet in SF.
Sacramento is also a fantastic place to invest in real estate. With an abundance of universities and colleges, medical centers, conventions and events, and the aforementioned airport, it’s a perfect place to buy a home, condo, or townhouse and Airbnb it. Sacramento also offers a host of duplexes and other multi-family housing units for savvy investors.
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So, when you’re ready to make the move or just invest in real estate in Sacramento, I’d love to show you around and I’m always here to help!
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