Learn more about Riverview FL Homes for Sale. When seeking real estate that has the best of both worlds, you should find a home for sale in Riverview, Florida. This is a medium city that is larger than most, and it is by the coast with lots of inlets to add to its total character. In the 19 constituent neighborhoods, you will find a population of people exceeding 76,000. This rapidly growing place has a large amount of new and modern homes, so if this is what you were looking for, then you are in luck.
The homes for sale here are likely to appreciate in value very quickly due to the large amount of people moving to live in this town. Although there is a good mix of people by their income level, most new residents are affluent, further raising the prices and values of the real estate market.
The median value for a home in Riverview is $179,532. This is an indication that the homes here are meant for the middle class. The return on your investment could go up to $1,529 on average, which is an excellent for any real estate.
The economic spread in Riverview, FL means that there are homes available that cost in excess of $1,000,000 for the wealthy, as well as home that are less than $58,000 for those who are economically disadvantaged.
Riverview, FL Home Buying Information
- First Time Home Buyers – Are you a first home time buyer in Riverview 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 Riverview.
- 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 Riverview 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.
- Riverview FL Foreclosure Properties – If you are investor or just interested in buying Riverview foreclosure homes for sale or Riverview Florida real estate for sale at below market value? Use my search page Riverview Foreclosure homes to find out more.
Best Features of Riverview, Florida
There are various reasons you should opt to have a home in Riverview. The first is that it is a nautical town, so if you were looking to experience the bracing breeze from the sea, you can so do here. It also has some rich history, which can pique the interest of a home buyer or potential tenant.
The Residents of Riverview
To mingle with the residents, you can take part in a host of activities, including those that are done at the waterfront. More of the residents here have a college education when compared to other cities in the US. In fact, 27% of them already have a bachelor’s degree at the minimum.
There are people of various ethnicities living in Riverview. Many of them have German ancestors, while there are also people with Irish and English ancestry, French and even Jamaican ancestry. Due to the rate of people moving in to the town, most of the residents are aged below 54.
Although the residential areas in Riverview continue to grow, the commercial areas have basically remained in the same places. This means that getting to work takes longer than other areas in the state, and you can expect to spend around 32 minutes in traffic.
This is an area that is strong economically, and will continue to grow in an upwards direction. As the average household income is around $65,874, it is expected that in the next few years, the demand for high end housing shall also increase. When looking for a home for sale, keep this in mind, and in the long term, you can get an excellent return.
There are some key neighborhoods that you need to consider when you are looking for a home in Riverview. If you are targeting a return from a high end neighbourhood, look for homes in Raulerson Road, Boyette Road, Balm Riverview Road, Town Centre, Prestwick Drive and Route 301. The high end neighborhoods are inland and at a distance from the river. The properties that are next to the river are lower value, but have the added benefit of facilitating waterfront activities and enjoying excellent scenery. This is a community with plenty of opportunities for you to grow your investment.
- Apollo Beach
- Citrus Park
- Egypt Lake-Leto
- Lake Magdalene
- Palm River-Clair Mel
- Plant City
- Sun City Center
- Temple Terrace
- Town ‘n’ Country
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