Comstock's magazine 0919 - September 2019

special supplement expected by fall of 2020. So far, 50 units have been rented and occupied. “A lot of people today are choosing not to own their own house but still want some pretty nice digs to live in. This is our recog- nition that people deserve some very nice alternatives to the houses we might build,” Elliott says. The largest demographic at The Pique is college-educated residents ages 26-35 and 46-60, in the income bracket of $100,000- $124,999. RISING COSTS — AND DEMANDS While the homes in Folsom Ranch aren’t in- expensive ($500,000s-$600,000s), they offer a lifestyle including access to trails, parks and schools at a price that’s compa- rable to what buyers were paying in rent. According to the Sacramento Area Council of Governments, the 2018 median rent val- ue in Folsom is $2,268 per month, and the median housing value is $548,500. Com- paratively, the median home sales price in Sacramento County in October 2018 was $360,000, but it varies depending on the ZIP code, ranging from $235,000 in 95815 (north Sacramento area) to $574,250 in 95819 (East Sacramento). Escalating rent costs plus the desire for a fixed payment and a return on his invest- ment were factors in Nimish Agashiwala wanting to buy and be part of a community. Since moving to the new neighborhood in Folsom Ranch, he’s started an online social network on Nextdoor, and he noticed fam- ilies come out in the evenings and children play on the street. “It feels like a connected community now, and we like being a part of that,” he says. n Laurie Lauletta-Boshart is a contributing writer and editor for consumer publications, Fortune 500 companies, small business and higher ed- ucation. She has written for Dwell, ESPN, Wall Street Journal, SI.com (Sports Illustrated) and others. On Twitter @laurieboshart. FARM-TO-CHOPSTICKS MODERN ASIAN CUISINE. TIMELESS TRADITION. F A T 'S 2585 Iron Point Road 1500 Eureka Road Folsom 916-983-1133 Roseville 916-787-3287 fatsbistro.com ASIA BISTRO GET 1 YEAR OF COMSTOCK’S FOR ONLY $25 TING SHOO BUSINE FOR SU IGH SS INS CCESS T FOR THE | SLOW CAPITAL RE PROG SS ON TR AINE 5G | D FOR WELCOME TO MAIN STREET | TEACHING THE TEACHERS | FILLING A FITNESS BE NICHE YOND ADES FOOD TRUC KS | ARE YO THE TR U RECE BUSINESS INSIGHT FOR THE CAPITAL REGION NO. 6 31 | JUN . ‘19 VOL AUGUST ‘19 VOL. 31 | NO. 8 BUSINE SS INS IGH T FOR THE CAPITAL SSION RE ADY? | BUSIN ESS TR AN REGION SFOR MATIO NS REGION JUL ‘19 eling t it Fu Bring h the Fig VOL. 31 | NO. 7 SACRAMENTO MAYOR DARRELL STEINBERG ustry and other big projects How Major League ind Soccer te nt priva The Railyards preve back to life can help d bring te an ether to ldfires tog The sta by Graham g wi rking Womack an statin Christi are wo deva by Sen a also available at area NUGGET MARKETS and BARNES & NOBLE! For a complete location of newsstand locations or to subscribe visit www.comstocksmag.com/subscribe September 2019 | comstocksmag.com 79

Comstock's magazine 0919 - September 2019 | Page 79