Land O' Lakes Real Estate Investment Stats
Thus far Land O' Lakes has roughly 33381 persons and their total housing consists of a combination of 13284 houses and apartments. Typically, homes usually go at an average of $286322 when compared to other national prices. So, read on as we dive into real estate stats in Land O' Lakes.
The most common housing unit in the town is the single-family detached home. These account for just about 78.60% of all the homes. Additionally, there are high rise and large apartment complexes that comprise or 9.08%, and the remaining 4.90% and 5.84% are a mix of the trailer and mobile homes as well as row houses. Some of these are four and three bedrooms that are occupied and single-family units are the most common.
72.55% of the population has either four or three-bedroom homes. These are among the average sizes of homes in America. The architecture style of these homes ranges from the '70s and the '90s. 42.45% of the homes in Land O' Lake were built between 2000 and later. However, there is still 4.12% of them that were built from as early as the '40s.
When it comes to the appreciation rates, they've experienced some of the highest as a community. Their real estate appreciated at a whopping 69.05% during a ten year period. This pushed Land O' Lakes to be within the top 10% for appreciation.
If you're interested in investing in real estate, it's always a good idea to invest in communities and cities that have proven track records. Land O' Lakes is also seeing faster appreciation than tons of other communities around. Within the last 12 months, real estate appreciation has gone above and beyond.
Due to this, most of the short term investors in Land O' Lakes have seen great success because of the outstanding rates in the last quarter alone. Annually, their appreciation rates equate to 7.62%. If the numbers are still not convincing, you should take this as a sign that there is strength in the real estate future of Land O' Lakes.
When compared to Florida, Land O' Lakes still had the highest appreciation rates annually which is 70% higher than most other towns in Florida. So, if you're interested in investing, it's a great idea to look at how the appreciation rates fluctuate in each town. Neighborhoods appreciate at different rates with different potentials with some being better than others. We Buy Houses Land O'Lakes so if you are looking to Sell your Land O'Lakes House Fast click through
Investing in Land O' Lakes is promising, but you still need to properly research which has the best appreciation track record. These can be identified for 10 years and more and even as early as 1 year ago. So, if you're planning to invest, be sure to keep all of these in mind!
As we conclude, we have just looked at real estate stats in Land O' Lakes. Investing in real estate can be very profitable if you carefully select your moment of entry, so be on the lookout for those that have an amazing appreciation history. Don't forget, you can look at the stats from 1 year ago or even 10 plus years ago!
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