How To Find The Best Cape Coral Foreclosures To Maximize Your Investment - By: Chris Harmen

With more than 160,000 residents, Cape Coral has become one of the fastest growing areas in Florida. Located about 90 minutes south of Sarasota, it is the third largest city geographically in Florida and the 11th largest city in population. Since the average home only costs $94,050 and the city's cost of living is 15.60% lower than the U.S. average, this is a great place to live. For those who want beautiful weather all year long, the area provides around 335 days of bright sunshine every year.

Choose A Great Location

When looking for real estate, selecting the right location is very important. Crime is a main consideration for many buyers, especially those with children. The city is known to continuously be one of the safer cities in the state of Florida. Statistics verify each year that it is one of the top three or four safest cities for populations of more than 100,000 people.

Because water plays a huge role in the area, most communities revolve around sand, surf, boating and fishing. With more than 400 miles of canals in addition to lakes and a mega-river, the waterfront properties are the most popular Cape Coral homes for sale. The Burnt Store Marina is the place to be for waterfront real estate. Although it is primarily a senior adult community, it is also home to families with children. Less expensive than The Burnt Store Marina area, homes for sale in the neighborhoods surrounding Chiquita Boulevard are more affordable. Mostly nautical, the city's parkway and Sunshine Blvd. communities provide middle to upper class homes in the southern part of the area.

Select Cape Coral Foreclosures In A Respected School District

Along with being close to the water, locating Cape Coral foreclosures in great school districts are priority for families with children. Mariner Middle School is in the Chiquita Blvd. area and offers grades six through eight in the Lee County Public Schools district. Because of high state test results and an average parent rating of four out of five, it is considered one of the better schools. Located in the center of the city, Patriot Elementary School serves preschool through grade five. With high test results and a four out of five parent rating, this school is also a good consideration when buying real estate.

Stay Budget Conscious

Foreclosures make great investments on any budget since some homes can be bought for pennies on the dollar. There is opportunity to make Cape Coral real estate a permanent home or a temporary residence to sell for a higher price in the future. Investing in foreclosures provides larger returns on investments than normal real estate investments.

Because it is a growing city, purchasing Cape Coral foreclosures remains a wise decision.

About the Author

Chris Harmen writes about Cape Coral real estate for Cape Coral RE/MAX. She shares how to find great Cape Coral foreclosures and other properties.

Article Directory Source: http://www.articlerich.com/profile/Chris-Harmen/89665

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