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Capitol Heights, Lansing, MI Homes for Sale

Capitol Heights, Lansing, MI Homes for Sale July 18, 2024
12
Listed
93
Avg. DOM
$81.06
Avg. $ / Sq.Ft.
$139,500
Med. List Price
12 Properties

Introduction to Capitol Heights, Lansing, MI

Overview of the Neighborhood

Capitol Heights is a charming neighborhood located in Lansing, MI, known for its peaceful, family-friendly atmosphere. The area offers a mix of historical charm and modern conveniences, making it an attractive place for both families and professionals. Capitol Heights boasts a variety of homes, from vintage houses dating back to the late 1800s to more contemporary constructions. The community is well-connected with easy access to major roads, schools, parks, and shopping centers, providing residents with a comfortable and convenient living environment.

Community Vibes

The community spirit in Capitol Heights is strong, with many local events and activities that bring neighbors together. The area is characterized by tree-lined streets, well-maintained lawns, and a welcoming ambiance. Residents take pride in their neighborhood, and it shows in the overall upkeep and aesthetic appeal of the area.

Current Market Trends in Capitol Heights

Home Prices and Sales

The real estate market in Capitol Heights has been quite active. As of mid-2024, the average home price in the neighborhood ranges from $93,000 to $111,000, with homes typically selling within a few months of listing. Recent sales include a 3-bedroom home at 1222 N Capitol Ave that sold for $105,000, showcasing the affordability of the area compared to other parts of Lansing.

Property Types and Sizes

Capitol Heights features a diverse range of property types, including single-family homes and multi-family units. The average home size is around 1,250 square feet, with lot sizes varying but often around 5,663 square feet. Homes here often come with classic architectural styles, such as vinyl siding and stone foundations, adding to the historical charm of the neighborhood.

Tax Information

The property taxes in Capitol Heights are relatively moderate, given its location within Ingham County. For instance, a typical property valued at $100,000 might have an annual tax bill of approximately $2,500. These taxes support local services, including schools, road maintenance, and public safety.

School Ratings and Proximity

Families in Capitol Heights have access to several reputable schools. Willow School, located just 0.7 miles away, serves students from PreK to 4th grade and has a rating of 5/10. Pattengill Academy, which is 1.7 miles away, serves PreK to 6th grade and also holds a 5/10 rating. For higher education, J.W. Sexton High School, 1.6 miles from the neighborhood, serves grades 7 through 12 and has a 3/10 rating.

Property Types and Architectural Styles

Description of Common Property Types

Capitol Heights offers a variety of property types to cater to different preferences and budgets. The neighborhood predominantly features single-family homes, but there are also some multi-family units available. Single-family homes range from charming bungalows to spacious two-story houses. Multi-family units, while less common, provide excellent investment opportunities for those looking to rent out properties.

Architectural Styles

The architectural styles in Capitol Heights are a blend of historical charm and modern convenience. Many homes were built in the late 1800s to early 1900s, showcasing classic designs with vinyl siding and stone foundations. These older homes often feature unique details like large front porches, gabled roofs, and intricate woodwork. Newer constructions tend to adopt more contemporary designs while still blending seamlessly with the neighborhood's aesthetic.

Construction and Materials

Homes in Capitol Heights are typically constructed with durable materials that have stood the test of time. Common construction materials include vinyl siding, which offers both longevity and ease of maintenance. Stone foundations are also prevalent, particularly in the older homes, adding to the historical appeal and structural integrity.

Detailed Home Profiles

Typical Home Specifications

The average home in Capitol Heights offers around 1,250 square feet of living space, making it suitable for families and individuals alike. Lot sizes are generally spacious, averaging about 5,663 square feet, providing ample yard space for outdoor activities and gardening. Homes often feature three to four bedrooms and one to two bathrooms, catering to various family sizes and needs.

Unique Features of Homes

Many homes in Capitol Heights come with unique features that enhance their appeal. These can include original hardwood floors, built-in cabinetry, and large windows that allow plenty of natural light. Some properties have been updated with modern amenities such as updated kitchens, central air conditioning, and energy-efficient windows, while still retaining their original charm.

Age and Renovations

The homes in Capitol Heights vary in age, with many dating back to the late 1800s and early 1900s. These older homes often come with a rich history and unique architectural details. However, numerous properties have undergone renovations to modernize the interiors and improve functionality. These updates can include new roofing, updated electrical systems, and modernized plumbing, ensuring that the homes meet contemporary living standards.

Property Sizes and Layouts

Property sizes in Capitol Heights are generous, with most homes sitting on lots that provide plenty of outdoor space. Layouts are typically designed to maximize space efficiency, with open-plan living areas that blend seamlessly with dining and kitchen spaces. This creates a welcoming and functional environment for everyday living and entertaining.

Schools and Education

Local Schools Overview

Families in Capitol Heights have access to several reputable schools, making it an attractive location for those with children. Willow School is located just 0.7 miles away and serves students from PreK to 4th grade, holding a rating of 5/10. Pattengill Academy, which is 1.7 miles away, serves PreK to 6th grade and also has a 5/10 rating. For higher education, J.W. Sexton High School is 1.6 miles from the neighborhood and serves grades 7 through 12 with a 3/10 rating.

Proximity and Transportation

The schools in and around Capitol Heights are conveniently located, ensuring that children have a short and safe commute. Most schools are within walking distance or a short drive, making it easy for parents to drop off and pick up their kids. Public transportation options are also available, providing additional convenience for families.

Local Amenities and Lifestyle

Parks and Recreation

Capitol Heights is home to several parks and recreational facilities that provide ample opportunities for outdoor activities. The neighborhood's tree-lined streets and well-maintained lawns create a pleasant environment for walking, jogging, and biking. Nearby parks such as Francis Park offer playgrounds, picnic areas, and sports fields, making it an ideal spot for family outings.

Shopping and Dining

Residents of Capitol Heights have easy access to a variety of shopping and dining options. The neighborhood is close to several shopping centers, including the Lansing Mall, which features a wide range of stores, restaurants, and entertainment venues. Local eateries and cafes provide diverse dining experiences, from casual bites to fine dining.

Community Events and Activities

Capitol Heights boasts a vibrant community spirit, with numerous local events and activities throughout the year. Residents can participate in seasonal festivals, farmers markets, and neighborhood gatherings that foster a sense of community and belonging. These events provide opportunities for neighbors to connect and celebrate together.

Healthcare and Services

Healthcare services are readily accessible for Capitol Heights residents. The neighborhood is close to several medical facilities, including Sparrow Hospital, which offers comprehensive medical care. Additionally, there are numerous clinics, dental offices, and pharmacies in the area, ensuring that residents have access to quality healthcare services when needed.

Investment Potential in Capitol Heights

Rental Market Opportunities

Capitol Heights offers promising opportunities for real estate investors, particularly in the rental market. The neighborhood's proximity to schools and amenities makes it an attractive option for families and young professionals. Homes here typically rent for around $1,200 to $1,500 per month, providing a solid return on investment. Multi-family units, although less common, are highly sought after and can yield higher rental incomes.

Property Appreciation Rates

Property values in Capitol Heights have been steadily appreciating over the past few years. The average home price has increased by approximately 5% annually, reflecting the growing demand for housing in this charming neighborhood. This upward trend suggests that investing in Capitol Heights real estate can be a smart financial move, with potential for long-term gains.

Buyer Demographics

The buyer demographics in Capitol Heights are diverse, with a mix of young families, professionals, and retirees. This variety ensures a stable and resilient real estate market. The neighborhood's family-friendly environment and proximity to essential services make it particularly appealing to young families looking to settle down in a welcoming community.

Zoning and Development Regulations

Residential Zoning

Capitol Heights is primarily zoned for residential use, with zoning classifications such as R-6B that permit single-family, two-family, and multi-family homes. This flexibility allows for a range of housing options, catering to different needs and preferences. The zoning regulations help maintain the neighborhood's residential character while accommodating growth and development.

Commercial Use and Short-Term Rentals

In addition to residential zoning, Capitol Heights also allows for some commercial use, making it possible for small businesses to operate within the neighborhood. Short-term rentals, such as those listed on platforms like Airbnb, are also permitted under specific zoning guidelines. This can provide additional income opportunities for homeowners looking to rent out their properties on a short-term basis.

Development Guidelines

The development guidelines in Capitol Heights aim to preserve the neighborhood's historical charm while supporting modern living standards. These guidelines include restrictions on building heights, lot sizes, and architectural styles to ensure that new developments blend seamlessly with existing homes. Homeowners planning renovations or new constructions must adhere to these regulations to maintain the neighborhood's cohesive aesthetic.

Climate and Environmental Factors

Local Climate Risks

Capitol Heights, like many parts of Lansing, experiences a range of climate risks. The area is generally low risk for natural disasters, but it’s important to be aware of potential flooding, particularly in low-lying areas. Flood risk can be assessed using local flood maps, and residents are encouraged to have flood insurance if their property is in a flood-prone zone. Fire risks are minimal due to the urban environment and well-maintained infrastructure.

Impact of Climate Change

Climate change poses challenges such as rising temperatures and changing precipitation patterns. These changes can affect local ecosystems, water availability, and even the frequency of extreme weather events. Homeowners in Capitol Heights should consider climate-resilient features in their homes, such as energy-efficient windows and improved insulation to cope with temperature variations.

Navigating Your Home Purchase in Capitol Heights

Selecting the Right Property

When looking to purchase a home in Capitol Heights, it’s crucial to consider your needs and budget. The neighborhood offers a range of properties from cozy bungalows to larger multi-family homes. Typical prices range from $93,000 to $111,000, with sizes around 1,250 square feet. Look for homes that have been well-maintained or recently renovated to avoid unexpected repair costs.

Understanding Market Dynamics

The real estate market in Capitol Heights is competitive but stable. Home values have appreciated consistently, making it a good investment. Work with a local real estate agent who understands the nuances of the Capitol Heights market and can help you navigate the buying process. Be prepared to act quickly on desirable properties, as homes in this area can sell fast.

Making an Informed Purchase Decision

To make an informed decision, thoroughly inspect any property you’re interested in. Pay attention to the condition of the roof, foundation, and major systems like plumbing and electrical. Check the age of the home and inquire about any recent renovations or upgrades. Consider the proximity to schools, parks, and other amenities, as these factors can significantly impact your quality of life and property value.

Summary

Capitol Heights in Lansing, MI, offers a unique blend of historical charm and modern convenience, making it a desirable place to live. With its affordable home prices, variety of property types, and strong community spirit, this neighborhood appeals to a wide range of buyers. Families will appreciate the access to reputable schools and numerous amenities, while investors can benefit from the area's stable real estate market. Whether you're looking for a cozy single-family home or an investment property, Capitol Heights has something to offer.