Cape Coral Real Estate Market Watch 2019
Cape Coral is a city in Southest Florida, sandwiched between the ocean and Fort Myers. You probably haven’t heard of it unless you’ve vacationed there to be close to the ocean without officially being in Fort Myers. We’ll first share a number of facts about this Fort Myers suburb. Then we’ll share 10 reasons to invest in the Cape Coral real estate market. Cape Coral is home to around 180,000 permanent residents. However, it is part of the 700,000 strong Fort Myers metropolitan area. The town is notable for the number of navigable canals and rivers in the area. It is also one of the early master planned communities, though it isn’t as bad as Coral Gables near Miami.
The Cape Coral housing market is somewhat competitive. The average sale price of a home in Cape Coral was $233K last month. Prices reflect cost of living, and here in Southwest Florida, the cost of living is affordable. In Southwest Florida they have lower taxes, so people get to keep more of their income. Southwest Florida real estate market is a good deal. It offers water, warmth and a way of life and a median sales price that is less than that of the United States. Cape Coral is a vibrant and friendly community with all the beauty that you expect from Southwest Florida. With more than 400 miles of canals, boating, fishing and water sports are a significant enhancement to the quality of life here in Cape Coral.
Pic Credits: Pixabay.com | Photo by Thomas Busse
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