Wealth Creation and Saving Strategies | On Money Making
5 Things You Should Know About Real Estate in Cape Coral
JULY 18TH, 2018
If you are planning on building a house, whether it’s a vacation house or the permanent residence where you will raise your family, choosing Cape Coral, Florida will surely be a great choice. You see, with how much the real estate industry grows today, prices of houses will only skyrocket in the future. And unless you are a billionaire heir, choosing the right house must be done with a lot of research and long-term considerations. In the end, your final choice should have both long-term potential in terms of market value and present day advantages as well.
And since we recommended you to buy your house in Cape Coral, Florida, below are 5 things that would most likely convince you to buy one in the area.
Located in the southwestern part of Florida, Cape Coral. Cape coral boasts miles of coastline and hundreds of waterfront and beachfront residences. The city is also famous for being the city that has the most canals, having over 400 miles of canals. Thus, if you are a water-lover, then you surely find the place as a paradise that will surely give you daily sea breeze and sunshine.
Filled with beaches and other water bodies both natural and man-made, it would be a let-down if the city does not have a tropical weather. Fortunately, Cape Coral boasts 355 days of sunshine per year with on 145 days of precipitation, which is considered incredibly low.
Prices of real estate
According to surveys and statistics, the average price of a residential property in Cape Coral is around 250,000 dollars. Which is fairly competitive for a residential property in a city popular for vacations and beach outings. Furthermore, should you consider buying an investment, then you would surely be going on the right path with the high market health rating of 7.8/10 of the city, meaning, transactions are fast and reliable.
The security in the area is fairly low. Take note that there is no place in the world that has zero crime rate, so the city having only over 400 counts of crime in the past year is already very good. Thus, you can rest assured that you will be safe most of the time as long as you also observe proper precautions.
Real estate companies
Like any other place which has the same advantages of the city, Cape Coral is filled with real estate companies, both small and large ones. So, when you choose the real estate company that will help you with choosing the perfect property for you, always make sure that they are legitimate and trustworthy. And one way to make sure of this that the company should have a licensed real estate agent located in Cape Coral Florida.
And as additional precautions, since we are dealing with hundred thousands of money. There is no harm in doing additional researches and inquiries when choosing your real estate company/agent. One good method for determining the legitimacy and reliability of a real estate company or an agent is by verifying their license with the state government. Do a quick search on the government agency regulating the real estate companies in the state of Florida and browse through the lists and check if the company of your choice has abided with the state regulations and if they had past violations. And finally, to make sure that the company is the real deal, you can check for reviews about the real estate company online or even check the experience or rating of their past clientele.