Land O Lakes has over the years become one of the most favored areas of settlement in Tampa. The area gets its name from the over a hundred lakes within the area. The surrounding terrain is also very attractive with lots of greenery and space. With U.S. Route 41 and the Suncoast Parkway, the area has good accessibility for those who need to travel beyond its borders to more major towns like Tampa and Brandon.
The residents of the area are fairly affluent with a median household income that is more than $20,000 above that of the state average. The high income capacity of residents is also reflected by the housing prices that begin at $100,000. Single family homes in the area average about $200,000. There are plenty of properties that offer lakeside access, but these tend to have a premium price.
Despite this however, there are still many bargains to be made for interested buyers as the real estate market in the state of Florida is still far from fully recovered. It comes as no surprise that many foreign buyers have also dipped into this market to capture Land O Lakes homes at their discounted prices.
Over the last twenty years, the population of this area has more than quadrupled. This is a clear testament of how appealing many new residents find the place, and the boom in the number of Tampa new homes. There are numerous recently completed neighborhoods, like Ballantrae and Wilderness Lake Preserve that continue to expand and offer exciting social amenities like golf courses and parks.
According to City-Data.com, the area is among one of the top 30 counties where more people are moving in than moving out. A big part of the appeal for people buying into Land O Lakes homes is the newness of the place. Most of the housing is less than ten years old, and new developments are still coming up. The neighborhoods have been well planned to offer a great balance in family and social life. In the surrounding areas, there are new schools being built and shopping malls to accommodate the ever increasing population.
When it comes to recreation, Land O Lakes has plenty to offer. With all the waterfront Tampa new homes available, thanks to the areas? geography, residents get to enjoy plenty of fishing and boating opportunities. Those partial to a greater challenge on the open sea can still easily access the Gulf of Mexico that is just thirty miles west of the area.
The community has a healthy mix of families and singles with plenty of social activities for residents to enjoy. There are several fun festivals to look forward to including the Taste of Towne and Wine Festivals. Adults and kids can find lots of activities to take part in, and for those looking for something more cosmopolitan, downtown Tampa is less than thirty minutes drive for most residents. Tampa new homes in the area have been well planned to ensure comfortable living and access to lots of recreational activities.
Given its continued escalation in popularity, it comes as no surprise that the biggest industry in the area is construction. New developments of Land O Lakes homes are still coming up, and with all the benefits, the area has to offer, it seems likely that there will be no shortage of newcomers ready join the community. For those seeking a quiet life ? but still want easy access to an urban setting, this is an ideal area to look into and buy a Tampa new home.
April 16th, 2012
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