Considering a move to Richmond? The city has a unique charm that draws people from all over, offering its own set of pros and cons. In this article, we’ll explore the good and the bad of life in Richmond to help you decide if living in Richmond is right you.
Richmond at a glance
Walk Score: 51 | Bike Score: 51 Median Sale Price: $375,000 | Average Rent for 1-Bedroom Apartment: $1,384 Richmond neighborhoods | Houses for rent in Richmond | Apartments for rent in Richmond | Homes for sale in Richmond
1. Pro: Affordable living
Richmond boasts a relatively affordable cost of living compared to many other East Coast cities. The typical home price is below the national median of $433,229. Apartments in Richmond are reasonable ranging from $$1,300 to $1705 on average. Housing options, from modern homes to historic brick apartments, can be found at reasonable prices.
2. Con: Traffic and infrastructure
Traffic in Richmond can be a hassle, especially during rush hour. The city’s older infrastructure struggles to accommodate the volume of vehicles, leading to frequent delays. Public transportation options are limited, leaving many residents reliant on cars.
3. Pro: History and nature
Richmond is full of history and home to numerous museums, historic landmarks, and parks. The James River is a prime spot for outdoor enthusiasts, with kayaking, hiking, and scenic views all within city limits. The city’s proximity to natural attractions offers a perfect escape for weekend adventures.
4. Con: Extreme seasonal weather
Summers in Richmond are hot and humid while winters are cold and damp. Summer temperatures can feel oppressive, especially for those not used to Southern heat. Winters bring occasional ice storms, which can make driving hazardous.
5. Pro: Stellar food and drinks
If you’re a foodie, you’ll love Richmond. Local restaurants offer everything from Southern comfort food to international cuisine. The craft beer scene is also thriving, with plenty of breweries peppered throughout the city. Whether you’re chowing down on a Cobra Burger or grabbing a beer at Strangeways, you’ll feel right at home in Richmond.
6. Con: Limited public transportation
Richmond’s public transit options are minimal, which can be frustrating for those used to more robust city systems. While there is a bus network, it doesn’t cover all areas extensively. Many residents end up relying on personal vehicles, which adds to traffic congestion.
7. Pro: Central location within the state
Richmond’s location is ideal for travel. It’s only a few hours from friends living in Washington, D.C., the Blue Ridge Mountains, and Virginia Beach. This central spot allows you to explore urban and rural attractions at the drop of a hat.
8. Con: Limited nightlife for young folks
While Richmond does have some nightlife, it may feel lacking for younger people seeking a lively scene. Bars and clubs close earlier than in larger cities, and the entertainment options may feel limited compared to larger Virginia cities.
9. Pro: Tight-knit communities
Richmond’s neighborhoods often have a small-town feel, with friendly neighbors and active local communities. Many residents take pride in their neighborhoods, hosting regular events and community activities. This sense of immediate belonging can make moving to Richmond feel more welcoming.
A native of the northern suburbs of Chicago, Carson made his way to the South to attend Wofford College where he received his BA in English. After working as a copywriter for a couple of boutique marketing agencies in South Carolina, he made the move to Atlanta and quickly joined the Rent. team as a content marketing coordinator. When he’s off the clock, you can find Carson reading in a park, hunting down a great cup of coffee or hanging out with his dogs.
The New York Yankees credit card could be a home run for die-hard fans of the Major League Baseball team.
Image courtesy of Bread Financial.
Issued by Comenity Bank, a subsidiary of Bread Financial, the $0-annual-fee card offers promotions and benefits that could be useful for frequent Yankees-game attendees. Plus, it rewards everyday spending as well.
Still, MLB fans looking for more flexible rewards and redemption options — not to mention more baseball-related perks — might be better off with a card issued by Capital One, the official bank and credit card partner of Major League Baseball.
Here are five things to know about the New York Yankees Mastercard.
1. Yankees fans can score solid rewards
When you use the New York Yankees Mastercard, you’ll earn the following (not as cash back, but as points in the Pinstripe Rewards program):
5x points at Yankee Stadium concession stands.
3x points at restaurants, bars and gas stations, and on rideshare and mass transit.
1x back on all other purchases.
Given concession prices, frequent Yankee Stadium visitors might welcome that 5x reward rate. On top of that, the card’s 3x categories will help holders rack up points for some everyday spending. Those categories — bars, gas, rideshares and mass transit — are also particularly useful for pre- and postgame transportation and activities.
The caveat here, however, is that rewards are earned as Pinstripe points, rather than cash back. Every 100 points you earn will get you $1, meaning points are worth a penny each. That’s good value, but even season ticketholders might need a long while to rack up a meaningful amount of rewards.
🤓Nerdy Tip
You’ll become a member of the Pinstripe Rewards program when you get the New York Yankees credit card. The rewards program is only for Yankees credit card members.
2. Cash-back redemption is flexible …
Pinstripe points can be redeemed for more than just Yankees-related options. You can redeem them for cash back in the form of a direct deposit or statement credit to your account, starting at $1 or 100 points. This is a significantly lower redemption minimum than what some other cards require.
Note that statement credit may take up to six business days to post to your account and that points expire after five years.
3. … But other redemption options feature tough catches
Cardholders also have the option to redeem points for Yankees game tickets, memorabilia and experiences. But there are some hoops to jump through.
Game tickets. There’s no minimum points requirement for redeeming this way, but there are some stipulations that come with game tickets redemptions. You can only redeem points for two game tickets at a time, and those tickets must be for seats in designated areas at select home games played at Yankee Stadium during the regular season. Designated seating areas vary by game but cardholders usually have the choice between main and field level seating locations, according to a representative from Bread Financial. Note that you must redeem tickets through the Yankees account center. You’ll receive tickets within 48 hours before your game starts through the MLB Ballpark App or through a Yankees Ticketmaster account — both of which are free to join.
Yankees memorabilia and experiences. Memorabilia includes items like collectible Yankees baseballs, mini bats and helmets, merchandise and limited-edition items. Experiences include participating in the ceremonial first pitch, on-field batting practice viewing, and game-day stadium tours. Like game ticket redemptions, you don’t need a certain amount of points to redeem for either of these options, but costs will vary depending on the item or experience. As of this writing, participating in a ceremonial first pitch will cost you around 120,000 points, while batting practice viewing and stadium tours plus a pair of tickets will cost around 18,000 each, for example.
4. It offers special promotions for new applicants
New cardholders can earn:
Two free tickets when you spend $100 on the card within 30 days of account opening.
A $50 statement credit when you spend $1,000 outside of Yankee Stadium.
Two free game tickets can be an attractive deal for fans. But again, there are some caveats. Complimentary tickets apply only to home games played at Yankee Stadium and cannot be used for opening day games, the traditional old-timers’ day game, or any home games against the Boston Red Sox, Chicago Cubs, Los Angeles Dodgers and New York Mets. Plus, you can only redeem these tickets for seats in designated seating areas — which are typically located between the foul poles in the outfield section. So if you’re hoping to snag seats behind home plate or near the dugout, for instance, you might be better off redeeming points for cash back and buying your tickets outright.
Note that you can only redeem the free tickets online, and you must have a Ticketmaster account to redeem them.
Also, if you plan on opening the card to score free tickets for an upcoming game, keep in mind that the card’s terms say that new cardholders will receive their ticket redemption code within 60 days of account opening and that the code is not valid for previously purchased tickets. (Note: According to a representative from Bread Financial, tickets are typically fulfilled within days of earning the offer.)
5. It doesn’t hold up against simple cash back
Yankees fans can certainly rack up decent rewards with the New York Yankees credit card. But a number of general cash-back card options can offer more flexibility.
Notably, Capital One is MLB’s official bank and credit card partner, which means all eligible Capital One rewards cardholders can redeem their rewards for MLB tickets from all 30 teams, from opening day through the baseball postseason — including tickets to the World Series. These baseball-related redemption options are more varied and less limiting than what the New York Yankees Mastercard offers.
With an eligible Capital One card, you’ll also get discounts on MLB TV, items purchased though the MLB shop and on visits to the Jackie Robinson museum in New York City, as well as access to VIP experiences like private on-field sessions and batting practice.
More specifically, the $0-annual fee Capital One SavorOne Cash Rewards Credit Card could be a lucrative option for MLB fans. It earns 3% cash back on dining, eligible streaming services, grocery stores and entertainment — and tickets to sporting events qualify for that “entertainment” category.
In some cases, in fact, you might be able to do even better than that. That’s because the card also earns 8% back on purchases through Capital One Entertainment, a portal that includes tickets to sporting events. Rewards earned with this card can also be redeemed as cash back in any amount, and again, this is in addition to the aforementioned MLB-related benefits that Capital One offers cardholders.
How will the mortgage market react to the Fed cut? Mortgage rates have slid in recent weeks, falling below the 7% mark and providing welcome relief to homebuyers and owners grappling with high borrowing costs. Still, those rates are unlikely to dip significantly in the immediate aftermath of today’s Fed announcement – namely because bond … [Read more…]
When people think of Pittsburgh, they often picture its iconic skyline, bridges, and sports teams, but the true essence of living in Pittsburgh extends beyond the city center. The suburbs of Pittsburgh offer diverse residential areas that provide a quieter, more relaxed lifestyle while still allowing easy access to the city’s thriving cultural scene, job market, and outdoor recreation. These Pittsburgh suburbs are spread across various parts of the metropolitan area, each with its own distinct character and appeal.
In this ApartmentGuide article, we’ll explore some of the most notable Pittsburgh suburbs—from the charming historic towns to the rapidly growing residential hubs—highlighting key aspects such as population, average rent, and what makes each area stand out. Whether you’re searching for the perfect apartment in Pittsburgh or curious about the different Pittsburgh neighborhoods, let’s discover the best places in the Pittsburgh metro area to call home.
Cost of living in Pittsburgh
Before diving into Pittsburgh’s top suburbs, it’s important to look at the city’s cost of living. Pittsburgh is known for being relatively affordable compared to other major cities in the U.S. The overall cost of living in Pittsburgh is about 2% lower than the national average, with housing playing a key role. The median sale price for a home in Pittsburgh is around $273,500, significantly below the national median of $432,657. Rent for a one-bedroom apartment in Pittsburgh averages about $1,607 per month.
While Pittsburgh offers affordable housing, many of its surrounding suburbs provide additional value with larger homes, quieter neighborhoods, and a more peaceful environment. Now, let’s explore the most popular suburbs in Pittsburgh.
If you’re looking for more specific rental insights, check out our guide on the 13 Most Expensive Neighborhoods in Pittsburgh to Rent in 2024.
1. Mount Lebanon
Known for: Historic charm, walkable neighborhoods, and cultural amenities
Mount Lebanon is one of Pittsburgh’s most popular and established suburbs, located just six miles south of downtown. Known for its historic charm and walkable streets, Mount Lebanon is ideal for those who enjoy tree-lined neighborhoods with a mix of older homes and newer developments. The suburb boasts a vibrant business district, filled with local shops, cafes, and restaurants, making it easy for residents to find entertainment and necessities without leaving the neighborhood.
Mount Lebanon’s proximity to downtown Pittsburgh is also a major draw, especially for those who commute. Public transportation options, including the Pittsburgh Light Rail (commonly known as “The T”), make getting into the city convenient. Additionally, the suburb is home to various parks and recreational facilities, including tennis courts and a public golf course.
Population: 33,000 Median home sale price: $405,000 Mount Lebanon transportation scores: Walk Score 74, Bike Score 24
Apartments for rent in Mount Lebanon, PA | Houses for rent in Mount Lebanon, PA | Homes for sale in Mount Lebanon, PA
2. Cranberry Township
Known for: Rapid growth, diverse living options, and recreational amenities
Located about 20 miles north of Pittsburgh, Cranberry Township is one of the fastest-growing suburbs in the area. Known for its expansive residential developments, Cranberry Township offers a wide range of housing options, from apartments to spacious single-family homes. The suburb’s growing commercial and retail sectors provide residents with plenty of shopping and dining options, including the bustling Cranberry Mall.
Cranberry Township is also a hub for outdoor recreation, with numerous parks, walking trails, and sports facilities available to residents. The area’s emphasis on community living is evident through its well-maintained public spaces and frequent community events. Commuters will appreciate easy access to major highways like I-79, which connects Cranberry to downtown Pittsburgh in under 30 minutes.
Population: 33,000 Median home sale price: $450,500 Cranberry Township transportation scores: Walk Score 57, Bike Score 43
Apartments for rent in Cranberry Township, PA | Houses for rent in Cranberry Township, PA | Homes for sale in Cranberry Township, PA
3. Bethel Park
Known for: Strong community atmosphere, affordable housing, and outdoor activities
Bethel Park, located about 10 miles south of Pittsburgh, is a suburban favorite for those looking for affordable living with easy access to the city. Known for its community spirit and excellent public services, Bethel Park offers a mix of older homes and new developments, making it attractive to a variety of residents. The suburb is also home to South Hills Village, a popular shopping center with a wide range of retail stores and dining options.
One of the key draws of Bethel Park is its abundance of parks and outdoor spaces. Residents enjoy access to the Montour Trail, a scenic biking and hiking trail that runs through the area, as well as numerous parks and recreational centers. Bethel Park’s location on the Light Rail system also makes commuting into Pittsburgh a breeze for those working in the city.
Population: 33,000 Median home sale price: $290,000 Bethel Park transportation scores: Walk Score 31, Bike Score 16, Transit Score 30
Apartments for rent in Bethel Park, PA | Houses for rent in Bethel Park, PA | Homes for sale in Bethel Park, PA
4. Sewickley
Known for: Upscale living, historic architecture, and a charming downtown
Sewickley, located about 12 miles northwest of Pittsburgh, is one of the area’s most prestigious suburbs. Known for its upscale homes, historic architecture, and charming downtown district, Sewickley offers a picturesque suburban experience. The village-like atmosphere of downtown Sewickley features boutique shops, high-end restaurants, and art galleries, creating a vibrant cultural scene.
Residents of Sewickley enjoy scenic views of the Ohio River, along with access to numerous parks and outdoor spaces. The suburb is also home to some of the best private and public schools in the region, adding to its appeal for professionals. With its close proximity to Pittsburgh’s major job centers and its tranquil, high-end atmosphere, Sewickley is a top choice for those seeking a blend of suburban elegance and urban convenience.
Population: 3,900 Average rent for a one-bedroom apartment: $1,400 Median home sale price: $532,500 Sewickley transportation scores: Walk Score 88, Bike Score 48
Apartments for rent in Sewickley, PA | Houses for rent in Sewickley, PA | Homes for sale in Sewickley, PA
5. Wexford
Known for: Peaceful living, new developments, and excellent parks
Wexford, located about 15 miles north of Pittsburgh, is another highly sought-after suburb known for its peaceful residential atmosphere and new housing developments. The area has seen significant growth in recent years, with new neighborhoods, commercial centers, and recreational facilities popping up to accommodate its growing population. Wexford offers a variety of housing options, from affordable townhomes to sprawling estates, making it a great place for those looking for diverse real estate choices.
Outdoor enthusiasts will appreciate Wexford’s parks, hiking trails, and proximity to North Park, one of the region’s largest and most popular parks. Wexford’s strategic location along major highways makes it an ideal suburb for commuters working in Pittsburgh’s northern job centers.
Population: 21,000 Average rent for a one-bedroom apartment: $2,338 Median home sale price: $535,000 Wexford transportation scores: Walk Score 54, Bike Score 22
Apartments for rent in Wexford, PA | Houses for rent in Wexford, PA | Homes for sale in Wexford, PA
6. Fox Chapel
Known for: Scenic beauty, upscale homes, and proximity to outdoor recreation
Fox Chapel is one of the most exclusive suburbs in the Pittsburgh area, located about 10 miles northeast of downtown. Known for its expansive estates, large lots, and wooded surroundings, Fox Chapel offers a private, luxurious lifestyle. The suburb is adjacent to the Allegheny River and is home to several parks and outdoor spaces, including the Fox Chapel Golf Club and Hartwood Acres, a large estate park offering trails, gardens, and outdoor concerts.
Population: 5,400 Median home sale price: $1,462,500 Fox Chapel transportation scores: Walk Score 9, Bike Score 38
Apartments for rent in Fox Chapel, PA | Houses for rent in Fox Chapel, PA | Homes for sale in Fox Chapel, PA
7. Upper St. Clair
Known for: Top-rated schools, suburban living, and community-focused amenities
Upper St. Clair is located about 12 miles south of Pittsburgh and is known for its excellent public schools and community-oriented atmosphere. The suburb features a variety of housing options, from single-family homes to more upscale developments, making it a popular choice for those seeking a peaceful, suburban lifestyle. Upper St. Clair is home to several parks and recreational facilities, including a community recreation center and outdoor pools, offering plenty of activities for residents.
Population: 20,000 Average rent for a one-bedroom apartment: $1,976 Median home sale price: $469,000 Upper St. Clair transportation scores: Walk Score 14, Bike Score 7
Apartments for rent in Upper St. Clair, PA | Houses for rent in Upper St. Clair, PA | Homes for sale in Upper St. Clair, PA
8. Robinson Township
Known for: Convenient location, shopping, and new developments
Robinson Township, located about 10 miles west of downtown Pittsburgh, is a rapidly growing suburb known for its accessibility and convenient amenities. The suburb is home to The Mall at Robinson and Settlers Ridge, two major shopping centers that offer a range of retail stores, dining options, and entertainment. Robinson Township is also known for its newer housing developments, providing plenty of modern homes and townhouses. With easy access to highways like I-79 and I-376, it’s a great choice for those who want to stay close to Pittsburgh while enjoying suburban living.
Population: 14,000 Median home sale price: $230,000 Robinson Township transportation scores: Walk Score 18, Bike Score 26
Apartments for rent in Robinson Township, PA | Houses for rent in Robinson Township, PA | Homes for sale in Robinson Township, PA
Methodology: The suburbs included in this list were selected based on their overall popularity, determined by search trends and housing demand in the Pittsburgh area. Average rent and home sale price data were sourced from Redfin and Rent.com as of September 2024. Transportation data, including Walk Scores, Bike Scores, and Transit Scores, was sourced from Walk Score.
The information provided on this website does not, and is not intended to, act as legal, financial or credit advice. See Lexington Law’s editorial disclosure for more information.
When dealing with debt collectors, you should verify the debt is yours, know your rights and negotiate with the debt collector.
Being in debt can be stressful, and persistent calls from collection agencies can definitely add to that pressure. If you fail to make payments on your debt over a period of time — often three months or more — your debt will likely go to a collection agency which will contact you for payments. Avoiding a collection agency can negatively impact your credit, but knowing your rights and how to deal with debt collectors can help you control the situation.
Nonetheless, there are a few simple yet important steps to take whenever you’re contacted by a debt collector. Read on to learn more about the collection process, your rights and effective ways to deal with debt collectors.
Step 1: Know (and enforce) your rights
Debt collection agencies are bound by the Fair Debt Collection Practices Act (FDCPA), which protects consumers from many behaviors that were once common in the debt collection industry.
For example, the FDCPA prevents debt collectors from harassing or threatening you. It ensures that debt collectors disclose why they are calling you and that they offer validation for the debt when requested. Additionally, this law protects your privacy when collectors call other people about your debt, and gives you the right to request that debt collectors stop contacting you.
Here are a few other ways that debt collection laws regulate debt collectors:
Communication restrictions
Legally, debt collectors can only call you between the hours of 8 a.m. and 9 p.m. They also cannot call you at work if you ask them to stop. According to the FDCPA, debt collectors must provide you with a written notice within five days prior to contacting you.
Disclosures
In the written notice, debt collectors must inform you of the original creditor, the exact amount owed and your right to challenge the debt in writing within 30 days. They also are not allowed to disclose information about these debts to your family members or employers.
Behavior
Debt collectors cannot (and should not) use profane language, threaten you, make false claims about the consequences of nonpayment or lie about what you owe. They are not allowed to harass you in any manner.
If a debt collector violates any of these rules — or you believe that the debt is fraudulent — you can file a complaint. The Federal Trade Commission (FTC) accepts reports of fraud, and the Consumer Financial Protection Bureau (CFPB) enables you to submit a complaint about unlawful behavior by collection agencies. In 2019, the CFPB handled 75,200 complaints on debt collection, and 99 percent were handled by the end of the year.
Once you know your rights as a consumer, you’ll have the communication tools you need to verify the debt.
Step 2: Verify the debt is yours
When a debt collector contacts you, the first step is to verify that the debt is yours. This process, called debt validation, forces the collection agency to provide documentation that shows the debt belongs to you. In general, a collection agency must send you a validation letter when requested.
There are a few important reasons why you should always verify the debt:
Avoid scams. By verifying that the debt is yours and that the collection agency is authorized to accept payment, you can avoid paying scammers for illegitimate debt.
Avoid making an uninformed decision. Instead of responding immediately to the debt collector over the phone, you can look at the validation letter and consider your options with more time.
Avoid paying twice. After receiving a validation letter, you may realize that you have already paid the debt in question. In this case, you can challenge the debt or initiate a credit dispute.
Additionally, it’s important to note that debt is subject to a statute of limitations, which means that debt is only valid for a certain time. The statute of limitations will vary based on the type of debt and the state that you are in, so you may want to consult a credit repair professional to determine if the debt is still valid.
If the debt is legitimate, you’ll need to make a plan to work with the collection agency to pay the debt off. Before doing so, make sure that you know your rights, which are protected by federal law.
Step 3: Communicate wisely and effectively
While you should always remain professional when speaking with debt collectors, you’ll also want to be strategic in your responses. Here are a few do’s and don’ts to keep in mind:
Do: Request communication in writing if you prefer emails and letters over phone calls.
Don’t: Admit the debt is yours unless you’re absolutely certain. You can kindly let them
Do: Ask them to validate the debt in writing. This gives you a paper trail and allows time to investigate the debt’s legitimacy.
Don’t: Yell or be rude. Instead, try your best to remain polite and professional even if the collector displays the opposite behavior.
Simply informing them of your preferred form of communication should suffice. Remember, you can ask debt collectors to stop contacting you at your workplace. Understanding your rights is key to taking control of the situation and avoiding feeling pressured.
Step 4: Negotiate with the debt collector
While it is your responsibility to pay legitimate debts, you’ll want to find a way to work with the debt collector to find an approach that works for your financial situation. Debt can be a burden, but it’s important not to ignore debt collectors, as they may be able to take you to court for failing to pay.
Here are a few things to keep in mind when negotiating with a debt collector:
You may be able to set up a payment plan. In general, debt collectors want to start collecting something from you, so many are open to setting up a payment plan that works with your budget.
You can sometimes settle a debt for less than you owe, but there are drawbacks. You’ll likely need to make a lump-sum payment, and your credit score may drop. Also, know that the amount of debt forgiven may be treated as taxable income.
You should get everything in writing. Oral agreements are generally not enforceable, so make sure to get any agreement for a payment plan or debt settlement in writing before making any payments.
Once you negotiate your debt, you’ll want to begin making payments to get your finances back on track. There are many different strategies for paying off debt, like the snowball method, the avalanche method and the equality method.
Step 5: Seek help when you need it
Unfortunately, even after paying off your collection account, negative items may remain on your credit report for up to seven years, which can continue to impact your credit score over time. If you’re feeling overwhelmed with debt or contacts from debt collectors, there’s help available.
Many people who have collections on their credit report can benefit from working with credit repair consultants, who can assist with short- and long-term strategies for rebuilding your score. Credit repair companies specialize in finding and challenging errors on your credit report, helping remove inaccurate information.
Credit repair assistance
While you’ll likely need to pay back legitimate debt, you should verify the origin and amount before paying a debt collector. Additionally, you can hold debt collectors accountable under federal laws and even negotiate with them. Just be sure to get any agreement in writing.
If you’re concerned about inaccurate or unfairly reported amounts in collections on your credit report, you may need credit repair assistance. With the help of a reputable credit repair company, you’ll have experienced professionals in your corner to challenge inaccuracies and negative marks on your credit report.
With nearly 20 years of experience in credit repair, Lexington Law Firm has represented over 10.8 million people since 2004. Sign up for a free credit assessment today to see if credit repair is right for you.
Note: Articles have only been reviewed by the indicated attorney, not written by them. The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, reviewers, contributors, contributing firms, or their respective agents or employers.
A high-risk personal loan can be a source of funding for people who have a low credit score or no credit history and need to access cash. It is considered “high-risk” because the borrower is seen as more likely to default on the loan. For this reason, the interest rate is likely to be significantly higher than what a borrower with a more creditworthy profile would be offered via a conventional personal loan.
Here, learn the details of high-risk personal loans, their pros and cons, and alternatives if you need a quick infusion of cash.
What Are High-Risk Personal Loans?
High-risk personal loans make cash available to those with a poor credit score or without a credit history. Some points to consider:
• Most personal loans require a credit score of 580 or higher, but if you have a low credit score (typically between 300 and 579) or lack a robust credit history, you may be able to tap into a high-risk personal loan.
• These loans can give you access to cash, but they often come with higher interest rates, higher fees, strict repayment terms, and limits on the amount of money you can borrow.
• While some of these are unsecured personal loans, others may be secured. This means you may be required to put up collateral, or an asset, to be approved for the loan. In this situation, if you default on the loan, the lender can seize your asset.
• Personal loans typically come with fixed interest rates, and you must repay them in fixed monthly installments over a specified period, usually up to seven years. High-risk personal loans may have much shorter terms, however.
It’s worth noting that personal loans don’t usually have any restrictions on their usage. You could use them to pay for a car repair, travel, credit card debt, a new kitchen appliance, and almost any other legal purchase or service.
Recommended: Personal Loan Glossary
Types of High-Risk Loans
Here are some options you might consider for high-risk personal loans.
High-Risk Unsecured Loan
With this loan, you will not need to put up collateral to obtain funding. Typically, the lender will offer you a lump sum of cash; perhaps up to $10,000. While this may supply a quick cash infusion, keep in mind that the “high risk” cuts both ways. The lender is taking a gamble on you, as the odds of you defaulting may be high. But you are also probably securing a loan at a high interest rate and with significant fees and limitations.
High-Risk Secured Loan
In the case of a high-risk secured loan, you will be required to put up a form of collateral (such as real estate or a savings account) to gain access to funding. If a lender offers you this kind of loan, keep in mind that if you default, you could lose your collateral.
Payday Loan
Payday loans are short-term, high-cost loans, usually due on your next payday. Typically they provide a small amount of money, such as $500, that needs to be repaid within two to four weeks, and are offered online or at retail locations of payday lenders.
Here’s how they often work: You write a post-dated check for the amount borrowed plus fees, and the lender debits the funds from your account on the day the loan is due. Or you might grant the lender permission to pull the funds from your bank account electronically. If you can’t pay off the loan on time, it could roll over with more interest and fees accruing.
Note that these loans can involve an annual percentage rate (APR) of up to an eye-watering 400%. For this reason, they are considered a last resort.
Car Title Loan
Not all states offer them, but a car title loan lender lets you borrow between 25% to 50% of your car’s value, typically starting at $100 with 15- to 30-day repayment periods. In exchange, you put your car up for collateral. This means the lender can take possession of your car if you don’t repay the loan. (In one review, the Consumer Financial Protection Bureau found that one in five borrowers of this kind of funding winds up losing their vehicle.)
Lenders who offer car title loans typically have very low or no credit requirements, and you can get funding fairly quickly, even in a day. They also likely come with extremely steep interest rates, up to 300% APR.
Pawn Shop Loan
With a pawn shop loan, you hand over an item as collateral (such as jewelry, a musical instrument, or a computer), and the pawn shop offers a loan based on the item’s appraised value.
The shop may lend 25% to 60% of the resale value of the item, but note that if you fail to repay the loan, the pawn shop can keep and then sell the item. The pawn shop may give you 30 to 60 days to repay the loan.
Here’s the risky part: The APRs are high, around 200%, and vary based on your state.
Recommended: Using a Personal Loan to Pay Off Credit Card Debt
Figuring Out if You’re a High-Risk Borrower
Here are signs that you would be considered a high-risk borrower by lenders:
• You have a non-existent or thin credit history, meaning you don’t have a proven record of handling debt responsibly
• You have a low credit score (generally, below 580)
• You have made repeated late payments on loans or credit cards
• You have defaulted on a loan in the past
• You have a high debt-to-income ratio (DTI); typically, this means your debts add up to more than 35% of your income
• You are unemployed
• You have declared bankruptcy in the past seven to 10 years
Each lender will have its own guidelines regarding to whom they lend, how much, and at what rate and fees. It’s therefore important to check with your lender about the requirements for their personal loans and their terms.
Why Choose a High-Risk Loan?
If you have poor credit or no credit and want to borrow money, a high-risk loan may offer you the best (or only) option to access a loan, particularly if you have an urgent need for cash. You can often access high-risk loans with a lower credit score or minimal credit history than you would need to qualify for traditional loans.
You might seek this kind of loan vs. dipping into an emergency fund you just started or into a college or retirement fund. It could help you preserve those assets if, say, you need quick cash for a move.
It’s important to consider both the pros and the cons of these personal loans so you make the right choice about whether to pursue this type of funding.
Disadvantages to High-Risk Loans
High-risk loans come with several downsides, including the following:
• Higher interest rates and fees: High-risk loans typically have higher APRs and fees, meaning that you’ll pay more over the loan term. An example: Some have a 400% APR vs. the average APR of 12.38% for conventional personal loans as of August 2024. Some people can get caught in a debt cycle of taking out high-risk loans continually (particularly in the case of payday loans).
• Risking collateral: You may have to put up an asset as collateral for your loan. If you fall behind on payments, you may lose the asset because your lender will seize it.
• Lower amounts: You may not get to borrow as much as you prefer, because many lenders will only pay out small amounts to high-risk borrowers. For instance, some payday loans max out at $500.
How to Qualify for a High-Risk Personal Loan
Here’s how you might qualify for a personal loan as a high-risk borrower. Personal loan lenders will want you to see that you’ll likely be able to cover a new loan payment. Among other factors, lenders may use your credit score, your income, and your DTI to assess your ability to repay a loan. In terms of a target DTI, lenders like to see you keep it below 35% for a standard personal loan. With a high-risk loan, you may qualify with a significantly higher figure.
Next, you’ll gather the documents, including:
• Your ID
• Social Security number
• Pay stubs
• W-2 forms
• Federal income tax forms
• Bank account statements
You can apply online for a high-risk personal loan in just a few minutes once you have your materials ready. Your lender will let you know if you need to submit more documentation. In most cases, you’ll have a loan decision fairly quickly (some lenders advertise approval in minutes). If approved, you’ll likely have funds within one to three business days.
Alternatives to High-Risk Loans
You can also consider alternatives to high-risk loans, including:
• Payday alternative loans: Credit unions may offer their members short-term loans as an alternative to payday loans. Payday alternative loans (PALs) are divided into PALs I and PALs II. PALs 1 offer between $200 and $1,000 with a maximum APR of 28%, and one- to six-month repayment terms. PALs II offer up to $2,000, a maximum 28% APR, and one- to 12-month repayment terms.
• Family or friend loan: Family members or friends may be willing to lend you money. However, ensure that you can repay the loan in a timely manner so you don’t risk damaging the relationship.
• Get a cosigner: You can approach someone you know who has good credit to become a cosigner on your application to help you qualify for a standard personal loan. Make sure, however, that both parties involved understand that the cosigner is responsible for taking over your monthly payments if you default on repaying the loan. That’s a major commitment on your cosigner’s behalf.
• Look for “buy now, pay later” offers: These allow you to purchase an item and then pay it off on an installment plan, which may or may not charge interest.
• Build your credit: Perhaps it seems obvious, but building your credit can play a key role in helping you qualify for more favorable loans in the future. You might work on positively impacting the factors that determine your credit score or meet with a qualified credit counselor to learn strategies.
Recommended: Guide to Personal Loans
The Takeaway
High-risk personal loans can be a source of quick cash for people with a low credit score or a thin credit history. They can be risky for the lender, because there is a fair chance the borrower might default. They can also be risky for the person seeking the money because the interest rate, fees, and other terms may prove very expensive and/or involve potentially losing any collateral that might be put up.
If you are a high-risk borrower, it’s important to fully understand what these loans involve and the downsides if you cannot repay them on time. It may also be wise to review what options exist before you decide to apply for a high-risk personal loan.
If you’re seeking a standard personal loan, see what SoFi offers.
Think twice before turning to high-interest credit cards. Consider a SoFi personal loan instead. SoFi offers competitive fixed rates and same-day funding. Checking your rate takes just a minute.
SoFi’s Personal Loan was named NerdWallet’s 2024 winner for Best Personal Loan overall.
FAQ
What is considered a high-risk loan?
High-risk loans are funds offered to individuals who may have bad or no credit. In exchange for accepting a higher-risk applicant, lenders typically charge higher APRs and fees and/or may require the borrower to put up collateral.
What type of bank offers high-risk loans?
Banks typically don’t offer loans to high-risk borrowers, though it may be worth checking with them before moving on to another type of lender. Those who do offer high-risk personal loans could be online lenders or a retail payday loan provider, for example.
What two types of loan should you avoid?
There are several types of loans you may want to avoid if possible, including car title loans and payday loans. Why? You will pay high interest rates which can trap you in a cycle of debt. Also, with a car title loan, you are using an asset as collateral, which means you risk losing your vehicle if you can’t repay the loan on time.
Photo credit: iStock/Eleganza
SoFi Loan Products SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
As the “Grand Canyon State,” Arizona is home to some of the most unique landscapes ranging from red rocks, canyons, and arches, to desert lakes, and rugged mountains. From the majestic Red Rocks of Sedona to the tranquil forests of the Verde Valley, you’ll find plenty of Arizona mountain towns that offer easy access to the state’s stunning nature.
To help you get started, Rent. has collected a list of the best mountain towns in Arizona to call home. Whether you’re drawn to the desert mountains or the tranquility of the Mogollon Rim, there’s an Arizona mountain town for you. Let’s jump in and see what towns made the list.
1. Camp Verde
Mountain Range: Red Rocks of Sedona
Average rent price: $2,487
Population: 11,540
Houses for rent in Camp Verde, AZ
Apartments for rent in Camp Verde, AZ
Homes for sale in Camp Verde, AZ
Located near the breathtaking Red Rocks of Sedona, Camp Verde offers a unique blend of natural beauty and small-town charm. This town, situated in the Verde Valley, is an awesome spot for outdoor enthusiasts with its proximity to hiking trails like Verde Valley Ryal Canyon Trailhead, parks, and the Verde River.
You can enjoy exploring the Montezuma Castle National Monument, the Montezuma Well, and the Fort Verde State Historic Park, which provide a glimpse into the area’s rich history. With a population of just over 11,000, Camp Verde has a tight-knit community atmosphere, with local eateries and shops.
2. Cave Creek
Mountain Range: Desert Mountains
Average rent price: $4,159
Population: 5,540
Houses for rent in Cave Creek, AZ
Apartments for rent in Cave Creek, AZ
Homes for sale in Cave Creek, AZ
Cave Creek, a gem in the Desert Mountains, is known for its rugged beauty and upscale living. Located north of Phoenix, Cave Creek is a great area for those looking to be near a big city and mountains. Shadowed by the iconic Black Mountain, the city offers a plethora of outdoor activities such as hiking at Cave Creek Regional Park and Spur Cross Ranch Conservation, horseback riding, and golfing.
Cave Creek has a rustic charm with its western-themed architecture and vibrant arts scene. The town’s small population allows for a serene lifestyle while still providing access to amenities. Cave Creek’s historical sites, annual events, like the Fiesta Days Rodeo, and tourist attractions like Frontier Town draw visitors from across the state.
3. Chino Valley
Mountain Range: Bradshaw Mountains
Average rent price: $2,031
Population: 11,980
Houses for rent in Chino Valley, AZ
Apartments for rent in Chino Valley, AZ
Homes for sale in Chino Valley, AZ
Chino Valley is set against the backdrop of the Bradshaw Mountains and offers a peaceful rural setting with the convenience of city amenities. Situated between the Prescott National Forest and the Coconino National Forest, this mountain town has endless opportunities for exploring Arizona’s mountains.
The community is known for its agricultural roots, with local farms and vineyards contributing to a growing local food scene. Chino Valley’s location makes it a perfect spot for those who love the outdoors. With Prescott’s historical charm just a short drive away, you’re never far from a new adventure.
4. Flagstaff
Mountain Range: San Francisco Peaks
Average rent price: $2,355
Population: 72,400
Houses for rent in Flagstaff, AZ
Apartments for rent in Flagstaff, AZ
Homes for sale in Flagstaff, AZ
Flagstaff is a gateway to the majestic San Francisco Peaks and is surrounded by the expansive Coconino National Forest. This vibrant Arizona mountain town is rich in culture and outdoor activities, like hiking through the ponderosa pines. For example, you can explore places like the Lowell Observatory, Picture Canyon Natural and Cultural Preserve, and Yucca North. This city is home to Northern Arizona University so there’s always something going on.
Flagstaff’s historic downtown area, with its unique shops and restaurants, offers a cozy atmosphere for both residents and visitors. Flagstaff is also a gateway to the Grand Canyon, making it an ideal location for adventurers and nature lovers. The town’s commitment to preserving its natural and cultural heritage makes it a unique place to live.
5. Payson
Mountain Range: Mazatzal Mountains
Average rent price: $1,753
Population: 14,570
Houses for rent in Payson, AZ
Apartments for rent in Payson, AZ
Homes for sale in Payson, AZ
Payson, called “The Heart of Arizona,” is a picturesque town that serves as a gateway to the outdoor wonders of the Mazatzal Mountains and the Mogollon Rim. This area is a paradise for those who love the outdoors, offering countless trails for hiking, horseback riding, and mountain biking at places like Tonto Natural Bridge State Park, Water Wheel Falls Hiking Trail, and The Boulders Loop.
The town’s proximity to natural lakes like also makes it a popular spot for fishing and boating. Payson hosts the world’s oldest continuous rodeo, the Payson Pro Rodeo, adding to its charm. With a moderate climate year-round, Payson provides a serene lifestyle with the beauty of the Arizona landscape.
6. Prescott
Mountain Range: Bradshaw Mountains
Average rent price: $2,135
Population: 43,100
Houses for rent in Prescott, AZ
Apartments for rent in Prescott, AZ
Homes for sale in Prescott, AZ
Prescott is a historic town with old-world charm and modern-day vibes. Surrounded by the Bradshaw Mountains, Prescott is known for its beautiful Victorian homes, tree-lined streets, and the famous Whiskey Row. The town square hosts numerous cultural events, art galleries, and museums, reflecting the rich history of the area.
There are plenty of outdoor activities to take part in in the surrounding landscape, with trails for hiking and biking like Thumb Butte, Easter Island Trail, and Sunset Lookout. Prescott’s community spirit, charming museums like the Phippen Museum and Sharlot Hall Museum, lakes like Watson Lake, and local restaurants, make it an awesome town to live in.
7. Sedona
Mountain Range: Schnebly Hill and Mogollon Rim
Average rent price: $2,833
Population: 10,150
Houses for rent in Sedona, AZ
Apartments for rent in Sedona, AZ
Homes for sale in Sedona, AZ
Sedona, with its stunning red rock formations and vibrant arts community, is a place of natural beauty and creative inspiration. The town is surrounded by the Schnebly Hill and Mogollon Rim, offering breathtaking views and a plethora of outdoor activities such as hiking, mountain biking, and jeep tours. For example, you can explore places like Munds Wagon Trail, Snoopy Rock, Midgley Bridge Picnic Area, and Soldier Pass Trailhead, among countless others.
Sedona’s spiritual and wellness community attracts visitors from all over the world, seeking rejuvenation and adventure. The town’s unique architecture, outdoor markets like Tlaquepaque Arts & Shopping Village, and local galleries reflect its artistic spirit. Sedona’s blend of natural wonders and cultural richness makes it a unique place to call home.
8. Show Low
Mountain Range: White Mountains
Average rent price: $2,516
Population: 11,000
Houses for rent in Show Low, AZ
Apartments for rent in Show Low, AZ
Homes for sale in Show Low, AZ
Show Low is situated in the White Mountains and offers a cool retreat from the desert heat. This town is popular for outdoor enthusiasts, with its close proximity to skiing, fishing, and hiking opportunities, like Woodland Lake Park, Porter Mountain Outlook, and Fool Hollow Lake. The local community is vibrant, hosting events and festivals that bring residents together.
Show Low’s small-town feel, combined with the beauty of the surrounding forests, makes it an appealing place for those seeking a peaceful lifestyle amidst nature. The town’s name, stemming from a legendary poker game, adds to its unique character and history. Whether you check out one of the local restaurants or hike one of the town’s trails, you’re sure to find something interesting in this mountain town.
9. Snowflake
Mountain Range: White Mountains
Average rent price: $1,937
Population: 5,680
Houses for rent in Snowflake, AZ
Apartments for rent in Snowflake, AZ
Homes for sale in Snowflake, AZ
Snowflake is a quaint town just north of Sitgreaves National Forest that offers a serene lifestyle. The town’s unique name and heritage are celebrated through local events and traditions that reflect its pioneer spirit. Snowflake’s residents enjoy the outdoors, with easy access to trails, like Four Mile Knoll, and natural beauty.
The town’s commitment to preserving its history is evident in the well-maintained Victorian homes and historic sites. Snowflake’s scenic surroundings make it a great option for those looking to escape city life.
10. Williams
Mountain Range: San Francisco Peaks
Average rent price: $2,100
Population: 3,290
Houses for rent in Williams, AZ
Apartments for rent in Williams, AZ
Homes for sale in Williams, AZ
Williams, known as the “Gateway to the Grand Canyon,” is a historic town that offers a mix of adventure and heritage. The San Francisco Peaks, like Bill Williams Mountain, provide a stunning backdrop for this community. Williams is famous for the Grand Canyon Railway, which takes visitors on a scenic journey to the canyon’s south rim.
The town’s main street is lined with shops and eateries that evoke the charm of the Old West and its Route 66 heritage. For example, you can explore places like Pete’s Route 66 Gas Station Museum, the Route 66 Zipline, and the Route 66 Museum And Gift Shop. With its close-knit community and array of outdoor activities, Williams is a delightful place to live, offering a taste of Arizona’s natural beauty and history.
11. Heber
Mountain Range: White Mountains
Average rent price: $1,450
Population: 2,400
Houses for rent in Heber, AZ
Apartments for rent in Heber, AZ
Homes for sale in Heber, AZ
Heber, also known as Heber-Overgaard, is located in the White Mountains. It offers a tranquil setting that’s perfect for those seeking a quiet life close to nature. The town’s proximity to the Mogollon Rim provides residents with stunning views and endless outdoor activities, including hiking, fishing, and camping.
Heber’s small population gives the area a close-knit community feeling. The town’s scenic beauty makes it an ideal spot for those looking to enjoy Arizona’s natural landscapes without the crowds. Whether you explore the Pictograph Interpretive Site or the Sitgreaves National Forest, there’s always something to do.
Note, this list is not comprehensive of all the mountain towns in Arizona. Towns must have average rental data to be included on the list. Average rental data from Rent.com during September 2024. Population data is sourced from the United States Census Bureau.
Professional monitoring for home security systems can have a hefty monthly cost but can be worth it if you have valuable assets, live in a high-risk area, travel or just want a hands-off experience. Professional monitoring often has added features such as medical alerts, home automation or insurance discounts.
How you monitor your home security system can also make a significant difference in its effectiveness. Self-monitoring and professional monitoring both have benefits and drawbacks, and the right choice depends on your home and safety needs.
Some home security systems, such as Blink and Nest, don’t offer professional monitoring, so they may not be options for those looking for hands-off protection.
Pros and cons of professional monitoring
24/7 emergency response.
Monthly fee.
Hands-off system management.
Potential long-term contract required.
Potential homeowners insurance discounts.
Giving a monitoring center access to your cameras may feel less private.
What does professional monitoring do?
Professional monitoring for a home security system provides 24/7 oversight for your home. When an alarm is triggered, it alerts the monitoring center immediately, which may call you to verify the alarm and see if you’re OK by asking you to provide a safeword.
If you don’t or can’t respond, the monitoring center can contact emergency services for you. Depending on the type of emergency, the monitoring company can send fire, police or medical responders to your home to handle the crisis.
Some professional monitoring services give the monitoring center live access to your cameras and even allow the staff to speak and listen through your devices. This can help them see if there’s actually a fire, for example, or tell an intruder directly that police are on the way. It can also reduce the risk of false alarms.
Professional monitoring vs. self-monitoring
The main differences between self-monitoring and professional monitoring are cost and who deals with things when the alarm goes off. Self-monitoring is usually free, but you are responsible for noticing that your alarm has gone off, and you have to alert the authorities yourself if you need help. Professional monitoring, on the other hand, usually costs money, but the monitoring company’s job is to notice when your alarm is going off and to get help in case you can’t do it yourself.
How much does professional monitoring cost?
Monthly professional monitoring fees start at around $20 and can cost as much as around $80. Some home security providers offer several professional monitoring plans with different features, such as video and life- safety monitoring.
Some providers offer professional monitoring month-to-month, and you can cancel, upgrade or downgrade your plan at any time. Others, like ADT, require customers to enter into a multiyear contract to access professional monitoring if their system is professionally installed. Vivint allows month-to-month payment unless you’re financing equipment.
Is professional monitoring worth it?
Here are three factors to consider.
1. Lifestyle and absence
If you’re usually home to respond to alerts, professional monitoring may not be worth the cost. However, if you travel frequently or are often away from home for work, professional monitoring ensures that someone will notice an emergency situation in your home, even if you’re not nearby or able to see alerts on your phone.
2. Insurance discounts
Many homeowners’ insurance companies offer discounts if you have a professionally monitored home security system because the added level of protection makes your home a lower risk for claims.
Typically, discounts can range from 5% to 20% off your annual premium, depending on your insurer and the specific features of your security system. To qualify for discounts, your system typically needs to include burglary, fire and carbon monoxide alarms, but specific requirements can vary based on your location and the insurance company’s policies.
3. Budget and contract
Professional monitoring may not be a fit for everyone’s budget. Consider the cost of a potential break-in against the cost of monthly fees. As an alternative, some providers offer paid self-monitoring plans that offer added features such as familiar-face detection and intelligent alerts at a lower cost, typically around $3 to $13 per month.
If you do choose professional monitoring, make sure to review the terms of the contract, including additional fees and the cancellation policy if there is one.
Best home security systems with professional monitoring
1. SimpliSafe
SimpliSafe Security System
View details
Professional monitoring monthly cost
$21.99
Self monitoring available for $9.99 per month. You can also access basic features with no plan.
View details
2. Abode
Abode Security System
View details
Professional monitoring monthly cost
$24.99
Self monitoring with extra features is $7.99 per month, but you can also use basic features for free.
View details
3. Ring
Ring Security System
View details
Professional monitoring monthly cost
$20
Other features/self monitoring available with plans starting at $4.99 per month. You’ll need at least the basic plan to arm and disarm your system remotely.
View details
4. Arlo
Arlo Security System
View details
Professional monitoring monthly cost
$24.99
Some sensor features not available without subscription. Self monitoring for cameras starts at $7.99 per month.
View details
5. Vivint
Vivint Security System
View details
Professional monitoring monthly cost
$41
Professional monitoring plan is required with equipment purchase; $46 per month if you have cameras.
View details
6. ADT
ADT Security System
View details
Professional monitoring monthly cost
$29.99 and up
Monthly monitoring rises to $44.99 with cameras and $34.99 with other smart home devices. A one-month minimum monitoring plan is required with self-install equipment purchase; a several-year contract is required with a professionally installed system. ADT also works with third-party dealers whose monitoring and installation fees may differ.
In the heart of Silicon Valley, a newly built Menlo Park house recently came to market with a price tag that places it miles ahead of the competition.
The $14,200,000 house — located smack dab in central Menlo Park — is currently the most expensive house for sale (by far) in the tech-heavy city, which serves as home to social media giant Meta and is also where Google was born.
Fitting for a place that attracts tech’s brightest (and richest), Menlo Park’s real estate market is among the priciest in the country, with the median home sale price sitting at a hefty $2.6 million, according to Redfin’s data.
Priced at $14.2 million, the centrally located Menlo Park house is the most expensive home for sale in the San Francisco Bay Area city, with the runner-up asking almost a full $3 million less.
But a quick look at the 8-bedroom home makes it clear that the property is also the city’s finest option, pairing a stellar location with a gorgeous contemporary design that takes California’s iconic indoor-outdoor living trend to new heights.
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Menlo Park’s most expensive home
Photo credit: Open Homes Photography / Coldwell Banker Realty
Newly completed in 2024, the May Brown Avenue house sits on a 0.64-acre lot on a quiet cul-de-sac just moments from Menlo Park’s vibrant downtown.
With a stylishly appointed, contemporary main house, and an equally modern guest house, the Menlo Park property offers a total of 8 bedrooms and 8 full bathrooms, plus a half bath, and a large backyard between the two with a plethora of outdoor amenities.
Representing the property is Billy McNair with the McNair Group, affiliated with Coldwell Banker Realty in Northern California.
Developed by a tech-driven real estate company
Photo credit: Open Homes Photography / Coldwell Banker Realty
The builder is the present owner, Nitin Handa, of Handa Developers Group — a Silicon Valley-based, tech-driven real estate development company that has developed a unique approach to acquisitions and construction, which allows them to complete every project within a set timeframe and budget.
Within 9 years, Handa Developers Group has completed more than 87 real estate deals, raising more than $77 million in capital to complete projects in three U.S. states.
Indoor/outdoor living defines the 7,600+ sq. ft. house
Photo credit: Open Homes Photography / Coldwell Banker Realty
Given their track record, Handa Developers Group knew how to adapt their Menlo Park project to suit the needs of wellness-minded Silicon Valley buyers, and created a contemporary home that perfects the sought-after, indoor-outdoor living trend — which blurs the lines between the two spaces.
“The culture in Silicon Valley often emphasizes innovation and modern living,” Nitin Handa, Founder and CEO of Handa Developers Group, shares exclusively with Fancy Pants Homes. “When we began designing this estate, we immediately knew the property lent itself to an indoor-outdoor situation”.
Seamless transition from outdoor to indoor spaces
Photo credit: Open Homes Photography / Coldwell Banker Realty
“We wanted to create a seamless and flexible living environment that would reflect the value aesthetics and functionality of this part of the Bay Area,” Handa tells us.
As a result, the Menlo Park house embodies the indoor-outdoor living trend to perfection, with its well-proportioned rooms being fitted with folding doors that open up to the outside areas.
More than a home, it’s a lifestyle
Photo credit: Open Homes Photography / Coldwell Banker Realty
“1170 May Brown is more than just a home. It’s a lifestyle,” says listing agent Billy McNair, founder of McNair Group with Coldwell Banker Realty in Northern California.
“Many people in Silicon Valley prioritize wellness, and there is a strong culture of socializing and entertaining. Indoor-outdoor spaces promote a healthy lifestyle and are perfect for gatherings, whether for casual barbecues or more formal events.”
Unassuming from the front
Photo credit: Open Homes Photography / Coldwell Banker Realty
The house welcomes residents and guests with a circular motor court and an elegant facade that — despite its clean lines and polished look — doesn’t give away the luxury we find inside.
Pivot door opens up to a grand foyer
Photo credit: Open Homes Photography / Coldwell Banker Realty
Past the pivot entry door, bright, light-flooded rooms come into view from the grand foyer.
Formal spaces greet guests
Photo credit: Open Homes Photography / Coldwell Banker Realty
Here, formal spaces are ready to welcome guests, including a formal living room with a fireplace.
The formal dining room has a wine gallery
Photo credit: Open Homes Photography / Coldwell Banker Realty
A formal dining room with a temperature-controlled wine display wall is on the other side of the foyer.
The heart of the home is a large, open floor-plan living area
Photo credit: Open Homes Photography / Coldwell Banker Realty
The heart of the home is the expansive kitchen-family great room, a stylish and decisively contemporary living area that opens up to the party-ready backyard.
With a gourmet kitchen
Photo credit: Open Homes Photography / Coldwell Banker Realty
The fully appointed gourmet kitchen features a large center island, Wolf and Sub-Zero appliances, a wet bar, and folding doors that seamlessly blend the interior and exterior spaces.
Cleverly masked appliances
Photo credit: Open Homes Photography / Coldwell Banker Realty
As not to infringe on the contemporary design, many of the appliances have been cleverly masked (as were the electric outlets) to maintain a clean, modern look.
Living area with a fireplace
Photo credit: Open Homes Photography / Coldwell Banker Realty
Completing this space is a lounging area with a large fireplace and comfortable seating.
The primary suite
Photo credit: Open Homes Photography / Coldwell Banker Realty
Heading upstairs, we find the generously sized primary suite that has a fireplace, dual walk-in closets, a spa-like bathroom, and access to an expansive terrace that spans the entire upper level of the home.
All bedrooms have en-suite baths
Photo credit: Open Homes Photography / Coldwell Banker Realty
The upper level also includes a family lounge space and four other bedrooms, all en suite.
See also: This historic home off Lombard St. has some of the best views in all of San Francisco
A stylish home office
Photo credit: Open Homes Photography / Coldwell Banker Realty
Additional amenities include a large recreation/media room with a wet bar, a main-level guest suite with private access, and a refined executive office.
Even the powder room is the epitome of luxury
Photo credit: Open Homes Photography / Coldwell Banker Realty
Each space in the house has been carefully appointed with elegant, stylish finishes. So much so, that even the powder room (the only half-bath in the entire house) is ultra-luxurious.
Mudroom and utility areas
Photo credit: Open Homes Photography / Coldwell Banker Realty
While we rarely pay much attention to utility rooms, in this particular case we have to give a nod to the beautifully designed mudroom, which expertly conceals a washer and dryer behind sleek, screened doors.
A media room with a wet bar
Photo credit: Open Homes Photography / Coldwell Banker Realty
Another room of the house that nails the indoor-outdoor transition is the media (or recreation) room, a flexible space appointed with a wet bar that can have several uses.
The landscaped backyard is like an extension of the house
Photo credit: Open Homes Photography / Coldwell Banker Realty
The large backyard area invites guests to step outdoors with its vibrant greenery and several seating areas.
Outdoor amenities
Photo credit: Open Homes Photography / Coldwell Banker Realty
Outside we find a pool and spa, multiple entertaining terraces, an outdoor kitchen, a BBQ pavilion with bar seating, and privacy landscaping.
There’s also a guest house
Photo credit: Open Homes Photography / Coldwell Banker Realty
Facing the pool is a one-bedroom guest house with a full kitchen, bathroom, and laundry facilities.
Equally stylish as the main house
Photo credit: Open Homes Photography / Coldwell Banker Realty
Benefitting from the same indoor-outdoor living design, the stylish guest house mimics the clean, contemporary design present throughout the main house.
Located in the heart of Menlo Park
Photo credit: Open Homes Photography / Coldwell Banker Realty
The house is located just a stone’s throw from Menlo Park’s downtown district on Santa Cruz Avenue, a lively street with plenty of options for shopping and dining, making it a great option for buyers looking to settle down in a vibrant, walkable area.
Now up for grabs for $14.2M
Photo credit: Open Homes Photography / Coldwell Banker Realty
The newly built house is listed for $14,200,000 with Billy McNair of the McNair Group. And while the price point currently makes it the city’s priciest listing, its design and location — and proximity to top public and private schools, Stanford University, and major tech campuses — will likely turn it into Menlo Park’s most expensive home, as soon as a wealthy buyer lays eyes on it.
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That starts with gaining a comprehensive understanding of what’s best for the client and which solution fits their overarching financial goals. “Even with the rates being as high as they were, we stayed really busy – just because it all goes back to [putting in] time,” he said. “It’s finding what’s the right opportunity for … [Read more…]