Rex Manor, Mountain View

Like a lot of the area north of the Central Expressway in Mountain View, this is an older neighborhood filled with fairly worn down looking homes from the 1950’s and 1960’s. You will find a fair number of apartment buildings here as well.

There are some large homes on the northern end of the neighborhood but they really do not give you a sense of wealth. In fact homes here really don’t break the million dollar barrier. I think there are number of reasons for this. One is that the area really does have a run down, unkept look to it. When you drive through (except up on Middlefield Road, perhaps) the homes just look very weathered and somewhat ramshackle.

The apartments, for example, are of that 1960’s boxy kind of apartment that have completely lost their appeal in the 21st century.

The other thing that is sort of a drag on property prices is the mediocre local schools whose tests scores are about equal with the nationwide average. The local school, for example, right at the heart of Rex Manor, Theuerkauf Elementary has average scores across the board, with an API of 5 and California state tests averaging at about 50%.

That is not horrible, but given the great nearby schools it seems worse by comparison.

Those are the main reasons I think for this ceiling on home prices is here. That said, homes are not exactly cheap here either compared to other locations. These older homes here still fetch at least $500K and sometimes (especially when they have not been foreclosed) even rise as far as $800K.

I suppose, I can see this neighborhood slowly starting to develop into a coveted area. They are after all right at the edge of a commercial area with a number of office parks just to the north. (Though this actually might work as a deterrent for some workers who would not want to live within sight of their bosses. Taking a sick day to just go into town or something might be a little nerve racking.)

Overall, it still seems overpriced to me.

This was an awesome neighborhood in Mountain View. I have always enjoyed looking at big impressive looking houses. This entire neighborhood was filled with them, so I thoroughly enjoyed myself. I would have liked to have spent more time here to enjoy the sight of more in the area, however what I did see was Gorgeous. I would love too live here eventually because it was completely amazing the views the houses even the lifestyle was very appealing. When I do come into my own and move to california again this will be on the top of my list to look for a house in.