Learn more about Lutz FL Real Estate for Sale. Thick greenery from the warm weather in Florida is what you can expect from Lutz, in Hillsborough Country, Florida. This place is an unincorporated census designated area with a population of around 20,000 people. This town has a total of 16 constituent neighborhoods, and with the different values in the neighborhoods, you will find a home for sale to suit most budgets.
If you are looking for a home for sale that is high in value, there are ten neighborhoods that you should consider, including Lutz Lake Fern Road, Van Dyke Road and Cheval. Most of the homes in Lutz are owner occupied at 83.30%. There are 16% of the homes being renter occupied and the rest being vacant in the market.
There are neighborhoods where almost all the homes are owner occupied. These have the highest prices, and also the highest demand. Should you choose to purchase a home in this area, you can be assured of the stability of your investment, and a healthy rate of appreciation which allows for a good return.
On average, the value of a home in this area is $262,117, though it is worth noting that 8% of the homes in this area are valued below $58,000. There are homes that are available for more than $1,158,000. If you are buying a home so that you can earn rental income, you are able to receive a generous $1,627 per month in this area.
Lutz, FL Home Buying Information
- First Time Home Buyers – Are you a first home time buyer in Lutz Florida? There are many new loan programs out there, if you have a little money there are programs out there for you! A new conventional loan program out that offer 3% down. Get more information about First Time Home Buyers Program in Lutz.
- VA Loan Programs for Veterans – This is an awesome program for Veterans, the VA guaranteed a loan to honorable discharged Veterans. First step is to go to the nearest Lutz Veteran Affair office to get a certificate. To see if you qualify for a VA home loan, fill out the form and receive a call from one of our preferred VA mortgage lenders.
- Lutz FL Foreclosure Properties – If you are investor or just interested in buying Lutz foreclosure homes for sale or Lutz Florida real estate for sale at below market value? Use my search page Lutz Foreclosure homes to find out more.
The People around Lutz, FL
If you have a white collar job, then you will find it easy to settle in Lutz. Most of the jobs that are available fall under this category, with many people being able to conduct their jobs from home. Most of the people living in Lutz do so with their families, making it an ideal location for your family home. Many of the services and amenities that you will find in Lutz are family oriented in their nature.
There are people from all races living here, so the real estate market is cosmopolitan in nature. The largest race that is represented is white, which is followed by the African Americans and the Hispanic populations. The main language that is spoken here is English, although many of the people can speak Spanish as well.
Types of Real Estate in Lutz, FL
The growing real estate market in Lutz has a variety of different homes available. These include single family detached homes, which make up a majority of the homes for sale on the market. In addition, most of the homes available have three to four bedrooms. There are some modern homes that have been built after 2000, and these feature the latest amenities which can increase the value of your property. Most of the homes are established, though not old, as they have been built between 1970 and 1999.
In addition to the single family detached homes, there are mobile homes which are lower in cost. Owning one of this will make it possible for you enjoy the weather and are, without the need to make a heavy investment.
Getting around is also easy, due to a well-established public transportation system. The average commute takes between fifteen and thirty minutes, and those who have cars often save costs by car pooling to work. A growing population is always an excellent factor to consider when you are looking for a home for sale. This is what you will find in Lutz, meaning that your property will appreciate in value and you will also be able to get good rent if you choose not to live in your home.
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