Top 5 Reasons to Invest in Lee County Real Estate

Posted by Mary Ray on Thursday, November 5th, 2009 at 12:50pm.

The prices of Lee County and Cape Coral homes have never been better, but that's not the only reason to invest in Lee County, Florida real estate. As most individuals realize, in order to purchase a home that will prove to be a valuable investment, there are a number of things to take into consideration.   

The ideal home purchase will have the perfect combination of beauty, low crime, a family friendly environment, the right price, and a strong projection for economic growth. The place that enjoys all of these qualities is none other than our own Lee County, Florida.                                                                                      

1. Economic Growth fort_myers

According to CNN Money Magazine's 2009 list of Top Places to Live in the United States, Lee County Florida ranks as one of the top 25 counties experiencing steady and strong economic growth.

Lee County has been hard at work bringing new corporations to the area with its affordable commercial property prices and tax incentives. Three major companies have recently made plans to expand, including Gartner Inc, NeoGenomics, and Paramount Transportation.  The fact that companies are investing in Lee County shows that the job market is likely to enjoy a steady increase.

2. Safe and Sound

According to statistics provided by the Florida Department of Law Enforcement in September of 2009, the city of Cape Coral is the fifth safest city in the state of Florida, and it just keeps getting better.This is definitely a source of pride for those who own homes in Cape Coral. 

Law enforcement reports for the first half of 2009 show an eleven percent decrease in overall crime. When considering a home purchase, crime rates play a huge factor. Lee County prides itself on being a safe place for all ages.

3. Family Friendly

Lee County has so much more to offer than swaying palm trees and white sandy beaches. There are numerous activities that make relocating to Southwest Florida a smart decision for your family. In fact, don't take my word for it. Here is a brief rundown of Lee County's prestigious awards:

        Florida Monthly Magazine voted Caloosa Nature Center and Planetarium as Florida's best nature center. Lee County has also been noted as the best place to watch birds, and Sanibel Island won best shelling location for the fifth year in a row. 

        The Southeast Tourism Society has named the Fort Myers Beach Sandsculpting  festival as one of its top 20 Events, while the Edison Festival of Light has been added to the elite list of the Top One Hundred Events in North America.

Besides all of the awards, don't forget Sun Splash, The Imaginarium, our numerous shopping centers, including Coconut Pointe and the Belle Tower Shoppes, not to mention nonstop canoeing, fishing, and other water sports available to tourists and residents alike.

4. It's a Slice of Paradise

With a year-round average temperature of 75 degrees, lush tropical landscape, beautiful scenery, fruit trees and endless waterways, Lee County is rivaled by very few locations in the area of beauty. It truly is a little slice of paradise.

5. Home Prices Have Never Been Better

According to the Florida Association of Realtors, the median price of a single family home in Lee County was just over $89,000 in September.  This is a 37% decrease from just last year. Meanwhile, home sales are climbing and are expected to continue. If there was ever an ideal time to invest in Lee County real estate; this is it.

We here at the Sporleder-Ray love all that Southwest Florida has to offer. As longtime residents, we enjoy a slice of paradise every single day. If you are thinking of locating to Southwest Florida, please visit our Buyers section for valuable information and tools. You can begin searching Cape Coral MLS listings right away. Let us help you make one of the best decisions of your life.

Cape Coral Real Estate

By David Sporleder | Sporleder-Ray Realty Group | david@davidsporleder.com| Google+

 

1 Response to "Top 5 Reasons to Invest in Lee County Real Estate"

Fort Myers Real Estate Update: Setting the Pace for Florida wrote: [...]“There is only one Fort Myers, and 90 million people are going to find out,” said its most famous former resident, Thomas Edison.Located 15 miles inland from the beaches of Fort Myers and Sanibel Island, the city of Fort Myers is one of the few locations that has not yet become a tourist trap or a prime location for second-home investors. Quietly kept under the radar, this winter home of best friends, Thomas Edison and Henry Ford, is likely to become a hot real estate area in the near future.Anyone who has visited the Fort Myers area regards it as one of Florida's 'best kept secrets.' While other vacationers were busily crowding the beaches of Daytona and the Tampa Bay, Lee County has remained a safe, relaxing haven for the elite. The beaches of Sanibel and Captiva Islands have long been touted as the best shelling destinations in the world and have been a favored vacation spot for a long list of worldwide celebrities. Recently, Coastal Living magazine named Sanibel Island “the best United States shelling spot, and one of the best vacation destinations in the world.”Part of the charm of Fort Myers, certainly involves the home town atmosphere mixed with the perfect blend of economic growth and technology. The streets of the McGregor Blvd area are lined with well kept yards, white picket fences, and welcoming neighbors. Banyan trees, hibiscus, rows of palm trees and beautiful oaks provide the same charm that first drew Thomas Edison to study the thousands of plants and wildlife of the area.On the home buying front, the value of real estate located in the Edison home/McGregor Blvd area have remained strong, yet have dropped just enough to encourage young professional families to start scooping up properties, as they have decided to relocate to one of America's prime cities to raise a family. Nearby Cape Coral has experienced phenomenal growth over the past decade, and now is the perfect time to take advantage of the low cost of real estate. The Cape has been ranked as one of the fastest growing markets in the United States and has also been rated as one of the top places to live and to start a business, according to Money Magazine.Geographically, Cape Coral is the 2nd largest city in the state of Florida, and is known as the city of canals, with over 400 miles of salt and freshwater canals winding through the city. Median home prices (even for waterfront homes) was just under $100,000, which makes the area an affordable choice for most families.Just a few years ago, the area was highly construction and new home driven. Recent changes in the economy have put a stop to the surge of new home construction, but has conveniently left the area with a surplus of recently built homes.  And the drop in home prices have allowed many individuals to buy a home who could never afford one before. If you are looking for the perfect place to relocate or invest, Lee County Florida should definitely be at the top of your list. Call the Sporleder-Ray Group today. We will help you find the perfect home to fit your lifestyle and your budget. Reasons to invest in Cape Coral Real Estate[...]

Posted on Tuesday, December 21st, 2010 at 10:34pm.

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