Neighborhood Grade Maps

Neighborhood Grade Maps

Investor · St. Louis · Member since 2023 · 10 posts · 5 votes

Good morning,

I'm trying to increase my familiarity with the STL market, as I am an out-of-state investor. Does anyone have a neighborhood grade map for the city or know where to find this resource?

Thank you in advance!

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Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
3y

Hey Miranda, any map you find is likely going to be dated especially in an area like STL. 

It's similar to Detroit, Baltimore, etc. where things can change a lot and in the span of a year or two.

I'm super active in Detroit and it seems there's a new up-and-coming area every year that we deemed univestable 1-2+ years ago. So "maps" need to be dynamic. The only real way to do that is with local knowledge. 

All that said, if you find something I'd use it as a baseline but don't depend on it being accurate. Use it as a starting point and dig further into the spots you think you may like.

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  • Bill J FayPro Member
    Lender · San Diego · Member since 2023 · 216 posts · 209 votes
    3y

    Do you have a RE Agent that you work with yet? They will be able to best help you identify neighborhood class. There are also sites like SpotCrime and other free site to check criminal activity. But Agents will be your best solution. 

  • Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
    3y

    Hey Miranda, any map you find is likely going to be dated especially in an area like STL. 

    It's similar to Detroit, Baltimore, etc. where things can change a lot and in the span of a year or two.

    I'm super active in Detroit and it seems there's a new up-and-coming area every year that we deemed univestable 1-2+ years ago. So "maps" need to be dynamic. The only real way to do that is with local knowledge. 

    All that said, if you find something I'd use it as a baseline but don't depend on it being accurate. Use it as a starting point and dig further into the spots you think you may like.

  • Michael SmytheBusiness Member
    Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
    3y

    @Miranda Yanez we're developing one for the Metro Detroit market because none exists.

    Logical Property Management4.9459 Reviews
  • Property Manager · Baltimore, MD · Member since 2014 · 1k+ posts · 1k+ votes
    3y

    I can't speak for STL specifically, but I generally agree with @Travis Biziorek Any map is probably unreliable within 1-2 years of its creation, if it was reliable in the first place. 

    Local knowledge is the best way to understand a market. Get out and look at a LOT of houses all over the city. You'll get a feel for what neighborhoods you want to be investing in pretty quickly.

  • Cincinnati, OH · Member since 2020 · 4k+ posts · 3k+ votes
    3y

    @Miranda Yanez: there are two issues here: first, the one mentioned - any data points available could be outdated.  While, generally, areas don't change dramatically too quickly, there could certainly be issues here.

    b) what is an A area vs B area vs C/D/F...  This is all subjective and very much effected by exposure bias.  And areas like St Louis (I am in Cincinnati, which is overall very similar), depending on the areas you are looking, can be very street by street versus neighborhood by neighborhood, especially if you are in the older areas.

  • Realtor · Baltimore, MD · Member since 2020 · 255 posts · 182 votes
    3y
    Quote from @Miranda Yanez:

    Good morning,

    I'm trying to increase my familiarity with the STL market, as I am an out-of-state investor. Does anyone have a neighborhood grade map for the city or know where to find this resource?

    Thank you in advance!


     Another consideration with grade mapping is that the creator of the map likely has different classifications for what makes an area A/B/C. Even if the map isn't out of date and their criteria matches yours, the margins of the grading are usually inaccurate. Especially for a city like Baltimore where so much can change in a few hundred yards. The maps are nice to look at but not very helpful from a data perspective. 

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