Summary. Indianapolis has a vast array of neighborhoods and communities that reflect every available lifestyle. From private, waterfront homes, to golf course communities, to urban lofts, Indianapolis and the surrounding areas offer a wide choice of housing alternatives. These great towns and villages surrounding the city are all within minutes of downtown Indy however each is unique and must be valued as such. Indianapolis recently had the highest percentage population growth of any major Midwest metropolitan area. It is the most centrally located city of the top 100 markets in the US, as well as being served by more segments of interstate highway than any other market. All of these factors contribute to a unique and ever-changing housing market that requires a distinct local perspective.
Education. School districts are often a determining factor when new residents begin their search for a home in the Indianapolis area. As such, they can have a direct impact on your valuation. Whether your home resides in IPS, Carmel Clay, Hamilton Southeast, BCHS, GWS, Noblesville, or any one of the other outstanding school districts in the area, it is important that your appraiser be familiar with the impact it has on your home’s value. Proximity to the large Private and Catholic School network in the area can also play a part in valuations.
Culture. Indy is known as the Amateur Sports Capitol of the World and is home to the Greatest Spectacle in Racing, the Indianapolis 500. It has a vibrant downtown scene and the Lucas Oil Stadium and Bankers Life Fieldhouse hosts the NFL’s Colts and NBA’s Pacers.
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