Within these popular Sacramento real estate neighborhoods, home prices can start at about $200,000 for a smaller cottage-style homes and can exceed $3,000,000 for larger homes. The Sacramento region is truly diverse in terms of homes and particular real estate neighborhood. Sacramento is just a couple hours drive to San Francisco, Napa Valley, west coast beaches, Lake Tahoe and Yosemite.
With the New Sacramento Kings Arena set to open for the 2016-2017 NBA season, real estate prices and rents are increasing in the downtown area. The New Sacramento Kings Arena “Golden 1 Center” is a multi-purpose indoor arena in downtown Sacramento, California and it will replace Sleep Train Arena as the home of the Sacramento Kings of the NBA. The arena will host concerts, conventions and other sporting and entertainment events. The Sacramento Kings are scheduled to begin using the arena for the 2016–2017 NBA season. The new Sacramento Kings arena will have more luxury suites and capacity will be expandable to about 19,000. The publicly owned arena is part of a business and entertainment district called Downtown Commons, otherwise known as DoCo, which will include a $250 million 16-story mixed-use tower.