If you’re thinking of relocating to or purchasing an investment property in the Erie, PA area, you might be wondering which areas represent the best real estate investments. And while this does differ for each and every buyer based on goals, budget, and lifestyle, there are some common criteria that make some communities better investments than others.
Here are the 5 best communities for real estate investment in Erie County, PA—and the criteria that set them apart.
What to Look for in a Good Real Estate Investment
There are several important criteria to consider when buying real estate—regardless of whether you’re buying your primary home, secondary home, or an investment property. Among these criteria are the property values (and predicted growth) of the area, the size and popularity of the community, the public school ratings, and of course the nearby amenities or attractions.
All of these factors can help determine whether an investment will likely be successful—or end in a financial flop months or years down the road.
The Best Communities to Invest in Real Estate in Erie
So, which Erie, PA communities exemplify these criteria? Here are our top 5 picks.
Fairview
A+ public schools and steady home values help make Fairview a great place to invest in real estate. Fairview School District ranks among the best in the state, home values are predicted to rise over the next year, and there are plenty of amenities and attractions to enjoy throughout town.
Millcreek
Located directly southwest of Erie, Millcreek is conveniently close to all the attractions and opportunities that the larger city has to offer. But it’s got plenty of its own perks to enjoy, including shopping, dining, nightlife, and the beautiful Presque Isle State Park.
North East
Rural community meets small-town bustle on the Pennsylvania border in charming North East, PA. It’s loved for its flourishing wine industry and strong agricultural community, as well as its quaint Downtown scene. Plus, steadily-rising home values make it an attractive place to invest.
Girard
Reaching from the shores of Lake Erie to the lush and secluded countryside of central Erie County, Girard offers a diverse and steady real estate market ideal for all sorts of buyers. Plus, it’s got plenty of local shopping and dining, as well as attractions like Lake Erie Community Park.
Harborcreek
With one of the highest home-value growth predictions in the area, Harborcreek is a highly attractive community for real estate investment. Affordable price tags, beautiful country scenery, top-notch public schools are other top reasons investors choose to buy in Harborcreek.
Ready to Find Your Ideal Home in one of Erie’s Best Communities?
If you’re thinking of buying a home or investment property in Erie County, PA, then it’s time to contact Marsha Marsh Real Estate Services. Whether you’re purchasing an investment property or your very first home, we’re here to help you explore the area, discover its beautiful neighborhoods, and find the real estate investment that’s right for you.