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Cape Coral Florida Homes - Reasons To Consider Cape Coral Florida Homes

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Cape Coral is one of the most desirable places to live in Florida. It’s a city on the southwest coast of Florida that has 163,000 people, which proves how popular it has become. If you’re thinking this large population might lead to overcrowding, you would be wrong. When it comes to area, Cape Coral is the second largest city in Florida. In case you’re wondering, Jacksonville is the largest. Why is Cape Coral so popular? There are a variety of reasons, which will be covered here. It’s also important to remember that people move to Cape Coral for different reasons. Perhaps your reason will be found below.

What makes Cape Coral different from most other cities is that you can find such a wide range of homes for sale. For example, Cape Coral, FL homes can sell for over $1 million dollars or less than $100,000. This often happens in cities with such a large area. They develop their own economic hierarchy. The expensive homes are bought on the water and in the most ideal inland locations. The middle-class homes are built between those areas. All of this building brings in the shopping centers, which makes sense because there are so many consumers. Since these workers want to live close to where they work, developers build affordable housing in the remaining pockets of land. This is why you can find such a wide range of homes in Cape Coral, as well as so many different styles. For example, there are condos, mansions, ranches, and average-sized two-story homes. Most mansions will cost north of $1 million dollars, especially if they’re on the water. A ranch or two-story home in Cape Coral will usually cost between $300,000 and $400,000, which is well above the national average. The average price for a condo in Cape Coral is around $400,000. This would be for a 3 bedroom/3 bathroom condo. In such a community, you might find a pool, hot tub, and fitness center. How expensive (or cheap) the condo is will also depend on what floor you’re on.

Cape Coral, Florida homes attract so much attention because of everything the area offers. For instance, there are 30 parks, 400 miles of canals, 7 golf courses, and 18 schools. The most popular park is the Four Mile Cove Ecological Preserve. Cape Coral has more miles of canals than any other city in the world; this leads to a lot of boating and fishing. The golf courses are all top-of-the-line; the subtropical climate helps in this respect. Of the 18 schools, some are private and some are public. All of them hold an extremely high standard. There are 8 elementary schools, 6 middle schools, and 4 high schools. Cape Coral also has a large performing arts community. This should come as no surprise based on the population and high intellect of the residents. There is a festive atmosphere as well. The most popular festivals include the Cape Coral Festival of the Arts; Red, White, and Boom; and Oktoberfest. All of these recreational activities lead many people to search for homes in Cape Coral. The schools are another tremendous draw.

The climate is another big reason people look for homes in Cape Coral. The average high temperature in January is 75 degrees. The average high temperature in July is 92 degrees. In the summer, there will be heavy rains late in the afternoon or in the early evening. These storms will be brief and can usually be planned around. They also cool the air for the remainder of the night, which is nice. The winter, fall, and spring months are often dry and comfortable.

There is another interesting fact about Cape Coral. Since 2006, which is when the real estate market began to crash, Cape Coral has ranked #3 in foreclosures. Yes, that’s referring to the entire United States. This is not a bad thing. It’s bad for those who were foreclosed on, but it also presents an opportunity. The reason so many people were foreclosed on is because they were living above their means. Cape Coral is such a desirable location that they couldn’t resist buying a home and taking on a lot of leverage. Now there are so many homes in Cape Coral selling for cheap due to foreclosures that you have a tremendous opportunity. This opportunity probably won’t last for long. Therefore, it would be wise to take advantage and buy a Cape Coral home as soon as possible. It might pay off tenfold in the future.

Cape Coral Florida Property - Reasons to Buy a Home in Cape Coral, Florida [next] [back] Cape Coral Condos - Finding Condos in Cape Coral, Florida

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