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Tuesday, March 14, 2017

If you are looking to buy a home in Brevard County, Florida, read this first.....

Brevard County, Florida offers whatever type of living one seeks.  From ocean and river front, golf course communities, rural settings to whatever.

And each of those location types comes at a price.  Of all the factors that weigh on the price of a house location is key.  Location can't be changed.

In terms of real estate there really are four distinct geographical areas in Brevard County.  

The northern areas are less densely populated with more rural options.  At the southern extreme of the county the population is most dense (Palm Bay area) with prices being more affordable.

The closer one gets to the water, the higher the price.  This includes "the island" better known as Merritt Island.  I like to tell folks that if there is a causeway to be crossed there will be a higher price to pay.

The higher one goes up (as in condo), the higher the price.  Golf course living is a bit more expensive than rural living. 

Some schools are more desirable than others, thus more demand (higher price).

This last one brings me to a recent customer's dilemma.  They had a budget of $XXX,XXX.  Not a problem as there are plenty of homes in that price range.

But they also had a specific school assignment area that was not acceptable to them.

In this particular case the budget and school assignment areas are incompatible.   The major decision now is to look beyond the school, change budget or continue to rent.

School quality (whether real, perceived or mythical) puts pressure on the price. 

If you are considering a move to Brevard County, here are some links that may prove helpful with your research.

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