Terrance Ave – 81 E 9th Ave Columbus, OH 43201
The apartment building is a large 4 story brick apartment building. It is located in the University district. The surrounding buildings include other apartment buildings of the same style. The building is a very attractive modern design accompanied by brown, black and nude brick coloring. The parking spaces for the building are very neat, and so are the sidewalks and other means of circulation. Everything about the building looks brand new and renovated. East of the building across the street are run-down apartment buildings and homes on the other side of section alley and Indianola Ave. The area is pretty quiet for the most part, the city is still working on the homeless problem in the surrounding areas. Terrace Ave is very close to High Street, High street is both a retail and residential hub as it is located in the middle of the city. The closest grocery store to this location is Kroger which is less than a mile away also located on High Street.
As you look at properties further away from Terrance place you can see that the values tend to decrease because Terrace place is a prime location near the short north and the OSU campus. Therefore the property value is higher than places further away from these prime locations. The schools in this area tend to have mixed ratings. For example, Linden McKinley Stem Schools received a 2/10 from Great Schools and Columbus Alternative High School received a 7/10. So the area offers a range of quality of education.
When analyzing the crime map of this property we are able to see that the immediate neighborhood surrounding the apartments is relatively safe. While there are 17 crimes within 500ft in the past 6 months we can see that almost half the crimes happened in the same multi family dwelling down the street and not a single crime has been reported in this building in over 6 months. At 1000ft there were 21 crimes reported, at 0.25 miles there are 80 reported crimes, and at 0.5 miles there were 165. As the radius goes up the number of crimes is about 10 times higher but again we see that the crime is centralized elsewhere by the color of the density being blue near the address and local red hot spots around the area. The most common crime committed is motor vehicle break ins, and this is the most evident by several happening on the next street over. So as the radius is enlarged it is evident that the neighborhood becomes less safe but at a small radius these apartments are in a good location.
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1531 Perry Street
The creative living center is located on the OSU medical center. It is very close to the heart of the campus. The building is a 1 story brick building that houses elderly people. The surrounding areas include the OSU campus, medical center and a shopping center which includes a Target grocery and a movie theater. The building is not brand new or modern but it still looks like it holds value. The exterior of the property is very clean and well kept. Being located on the OSU campus I wouldn’t expect this building to run-down at all to keep up with the etiquette and prestige of the university.
As you look at properties further away from Creative Living Center, the values tend to increase. Creative Living Center is located near some upper end and up and coming communities, so as you get closer to those communities the value of the houses increase because they are in prime locations and valued neighborhoods such as Victorian Village and Grandview heights. The schools in this area have high ratings. A couple of examples are Grandview Heights middle school which received a 9/10 from Great Schools and Metro High School which received a 7/10.
This address is substantially safer than the last location. At 500 ft there were 1 crime committed in the last 6 months and at 1000ft 7 crimes and 0.25 miles there are only 15 reported crimes. And at 0.5 miles there are 115 reported crimes. When looking at the density map it is evident that this address is nowhere near a “red” location and is even almost out of the blue area. Given that this is around a hospital with little retail or casual public usage, these crime patterns are to be expected. Similarly to before, the most common type of crime committed in this area is a motor vehicle break in.