When the Dust Settles
Upper Arlington has been under some serious construction for the past year, but the first round of infrastructure improvements is almost complete along Tremont Road, a major thoroughfare and the community’s “Main Street” which features historic homes and solo businesses.
Last year residents approved a capital levy that will allow for significant upgrades including middle turn lanes and enhanced pedestrian access. The busy streets surrounding this home-filled residential area will have bike paths, better sidewalks and flower filled intersections with roundabouts to slow traffic. It’s home to Northam Park a centerpiece of the community, with a public pool, an elementary school and the library.
These improvements are much needed to help with the influx of traffic as this busy community grows. For homeowners, this will only increase property values, bettering neighborhoods that are already highly coveted for their tree lined sidewalks and gorgeous stately homes. For those seeking an Upper Arlington home, the time is now to buy – once these improvements are complete you can be sure prices will increase.
Buying a Home in Upper Arlington, Ohio
If you’re interested in buying or selling a home in Upper Arlington, the median sale price is currently one of the highest in the region at $303,450. That’s $171 per square foot. That’s great news if you’re selling your home.
Let’s compare that to some of the other nearby communities that are generally considered as desirable as Upper Arlington:
Community | Upper Arlington | Clintonville | Westerville |
Average Home Price | $303,450 | $274,10 | $172,500 |
Avg. Price Per Square Foot | $171 | $195 | $110 |
While the average home price in Upper Arlington decreased by 5% over the past year, the average square footage price went up from $160 to $171. More than 90% of the homes in Upper Arlington are single-family and they range from historical stately Tudor style homes built in the 1800s to new builds, brick ranches with land to condos. At the end of February, 2016 there were around 115 homes for sale. Generally, inventory barely keeps up with demand in this elite but friendly community.
Tree City, USA Community
Upper Arlington is known for its green space. This is one of the reasons the community is so desirable. As the new Tremont Road main drag nears completion, city planners will double the number of trees they plant along the thoroughfare. The city’s inventory of trees has increased from 12,000 in 1990 to more than 16,800 in 2016. That equals nearly two full trees planted for every resident in the city! Upper Arlington is home to 33 area parks, making their Tree City, USA designation a no-brainer. When you consider that trees only increase home values, this is an added bonus for homebuyers.
When Tremont Road is completed, the community will fulfill its mission of creating a more welcoming environment for families with the underpinnings of a secure infrastructure. To find out more about how you can join this lovely community, contact Ryan at The Grover Group today!