Which is More Expensive: Calabasas or Beverly Hills?

When it comes to purchasing real estate in Los Angeles, the choice between Calabasas and Beverly Hills can be a heated debate among potential buyers. Divided by a thin line between cool and costly, these two up-and-coming neighborhoods offer distinctly different experiences at varying price points. Let's dive into the differences and find out which one truly stands out.

Calabasas: A Modestly Priced Suburb

Calabasas, a charming suburb nestled in the Santa Monica Mountains, represents a much more affordable option compared to the bustling neighborhoods of Beverly Hills. One of the main reasons celebrities and wealthy individuals opt for Calabasas is the significant cost savings it offers. For a fraction of the price, homeowners can secure expansive properties, and the area is also known for its rustic charm, with horse properties abundant.

While Calabasas offers a modestly sized living experience by LA standards, it is still a high-end suburb. The area is less crowded and offers a suburban lifestyle, complete with spacious lots and a serene landscape. You might have to brave the heat and the occasional traffic issues, but for those who value tranquility and lower costs, Calabasas is an attractive option.

Beverly Hills: The Quintessential LA Lifestyle

Beverly Hills, on the other hand, is known for its luxurious lifestyle and premium real estate. The area is part of the Westside and is synonymous with wealth and glamour. It is one of the most expensive areas in Los Angeles, and prices can skyrocket quickly. If you’ve ever seen a movie in which a lavish mansion was featured, chances are it was in Beverly Hills.

The Westside of Los Angeles, which includes Beverly Hills, is often associated with convenience and weather. People often pay a premium to live in areas with excellent transportation links, great schools, and a mild climate. However, with these conveniences come higher costs. The wealthy can afford the exorbitant prices, but it’s important to note that the term 'expensive' is subjective – what one person deems as intolerably high, another might find reasonable.

Malibu: The Costliest of Them All

For a real glimpse of luxury and exclusivity, one needs to look no further than Malibu. Malibu has officially earned the title of the most expensive locale in LA, according to Westside Estate Agency. Interestingly, Beverly Hills rounds out the second spot on this list, which speaks volumes about the real estate market in these areas.

Malibu’s costliness is driven by its proximity to the Pacific Ocean and its prime real estate. The swanky mansions here are often considered gateways to the coveted Hollywood lifestyle. If you’re looking for an experience that goes beyond a mere property and into a lavish retreat, Malibu might be the place for you.

Subjective Wealth and Real Estate

It’s important to remember that the term 'expensive' is highly subjective. Some wealthy individuals living in Calabasas might easily afford to live in Beverly Hills. There’s no one-size-fits-all when it comes to luxury and affordability. Your perception of expensive will heavily depend on your personal circumstances and preferences.

If you are seriously considering purchasing real estate in these areas, spending some time exploring them online and gathering information is a good start. Both Calabasas and Beverly Hills, as well as Malibu, have their unique characteristics that cater to different lifestyle preferences. It's all about identifying what you truly value and can afford in a lifestyle.

Conclusion

So, which is more expensive: Calabasas or Beverly Hills? The answer is that it depends. Beverly Hills is undoubtedly more expensive, but the choice comes down to your personal preferences and financial situation. Just remember, Malibu might hold the top spot for cost, but there are still plenty of avenues to find a luxurious home within your budget.