Nice place, but I was thinking more like the Joseph Ave, Cuba Place area myself.
Rochester is a great place to raise a family, but living here all of my 37 years, it was a little dull at times in my single days. Don't get me wrong, I still managed to have a good time, but nightlife seems to be dying a slow death around here. Great restuarants, great minor league sports, there is always a Wegmans within 3 minutes and all your other needs are usually reachable within 15 minutes.
One more good point. Niagara Falls, the casinos and the Canadian Ballet are all within a 90 minute ride.