Posts Tagged :

land o lakes rental management

150 150 Relevé Real Estate

Land O Lakes Rental Value

Land O Lakes Rental Value

Land O Lakes Rental Value.  Determining how much you should rent your investment property for is important.  In today’s real estate market, there are a lot of properties listed for rent, so finding comparables is not a problem.

The first thing you should do is determine how much you need to rent the property for to have a good cashflow (add up all of the costs associated, taxes, insurance, association dues, maintenance, property management fees, mortgage).  You want to know where you stand compared to the current market rental rate.  You want your property to generate income for you and be an asset, not a liability.

Next, go to craigslist or do a Google search for the street name + “for rent”.  This should direct you to several comparable properties.  You should look for properties with the same amount of bedrooms, bathrooms and square footage.  Some may have pools, be on the water or several acres of land, these rates should be adjusted up or down compared to your property.  Find four or five comparables and then take the average of them.  This gives you a ballpark range for what is reasonable in the area.

Then compare the average rent to the amount you need in order to get a cashflow on the property.Set your rate at what is going to give you the maximum amount of return on investment possible, while still being competitive with the nearby properties.

In today’s market, you definitely need to be in the same range as the comparables.  There is too much supply on the market and your property will not get any attention unless it is priced reasonably.

Once you have your rental rate set, add $25.  This will give you some room to negotiate a solid lease.  Find out your Land O’ Lakes Rental Value by contacting Relevé Real Estate.

May 2019 Land O Lakes
1024 684 Relevé Real Estate

May 2019 Land O’ Lakes Real Estate Statistics

The Land O’ Lakes Real Estate Market Report for May 2019

Significant Market Notes:

We remain in a balanced market with supply and demand generally remaining equal, with a slight lean in favor of buyers.

The median closing price is up $10K month over month.

The median days on the market decreased by 30 days month over month

  • the median listing price of $295.1K for $133 per sq ft.
  • the median closing price of $269K
  • 885 homes for sale
  • 66 homes for rent
  • 69 median days on the market

Get a free market value analysis.

Contact us today to find out what your Land O’ Lakes home will sell or rent for with our free market analysis.

______________________________

May 2019 Land O’ Lakes Real Estate Statistics” was provided by Relevé Real Estate with data released by the Greater Tampa Association of REALTORS®.

These numbers cover all of the neighborhoods in the Land O’ Lakes, FL zip codes of 34637, 34638 and 34639. All information is deemed reliable but not guaranteed.

Lutz Property Management
1024 350 Relevé Real Estate

Land O Lakes Florida Property Management

lutz pool

Relevé Real Estate finds tenants for homeowners and manages their properties. This includes maintenance, inspections, tenant management, all paperwork and accounting. Our services cover 13 towns/cities on the western side of Florida, one of which is Land O Lakes. The Better Business Bureau mentions 10 management companies under within the Land O Lakes area. For owners who are not local, or do not want to deal with being a landlord, then Land O Lakes Property Management, will find renters and manage your property for you.

The idea of the neighborhood seems to have changed a little over the years. A neighborhood now includes development communities. These are some of the neighborhoods in Land O Lakes: Connerton Village has “a walkable town center” in this neighborhood as well as a playground for children. Wilderness Lake Preserve has water access “with activities for all ages.”The “completely family friendly neighborhood” is how the Ballantrae Village views its self.  Suncoast Lake has “water access for those individual and families who enjoy spending time engaging in the water sport.” Plantation Palms is a “more upscale,” neighborhood. The Groves “is a wonderful community for all ages,” and their homes are on large lots. Some of these communities are gated, and the majority appears to have recreation areas and swimming pools for those who live there, plus offer amenities of some type or another.  Concord Station is a new community with full amenities being built by Lennar Homes.  Concord Station is close to all of the local schools, Sun Lake High School, Charles Rushe Middle School, Oakstead Elementary and Imagine Day School.  Also, along Highway 54 is the newer neighborhoods of Stonegate, Devonwood and Oakstead.

There are big plans along Highway 54 with more businesses opening up and Tampa Outlet Malls near I-75.  Some new master planned communities are Asturia and Starkey Ranch.

The Land O Lakes Property Florida Management agents can help you with all of your real estate needs including buying a home, selling your home or leasing your investment property.

luxury home study
1024 678 Relevé Real Estate

April 2019 Land O’ Lakes Real Estate Statistics

The Land O’ Lakes Real Estate Market Report for April 2019

Market Notes:

We remain in a balanced market with supply and demand generally remaining equal, with a slight lean in favor of buyers.

Median sales price and Days on the market remains flat year over year.

  • median listing price of $274.9K for $130 per sq ft.
  • median closing price of $259K
  • 875 homes for sale
  • 72 homes for rent
  • 99 median days on the market

Get a free market value analysis.

Contact us today to find out what your Land O’ Lakes home will sell or rent for with our free market analysis.

______________________________

April 2019 Land O’ Lakes Real Estate Statistics” was provided by Relevé Real Estate with data released by the Greater Tampa Association of REALTORS®.

These numbers cover all of the neighborhoods in the Land O’ Lakes, FL zip codes of 34637, 34638 and 34639. All information is deemed reliable but not guaranteed.

1024 576 Relevé Real Estate

March 2019 Land O’ Lakes Real Estate Stats

The Land O’ Lakes Real Estate Market Report for March 2019

Market Notes:

We remain in a balanced market with supply and demand generally remaining equal, with a slight lean in favor of buyers.

Median sales price and Days on the market remains flat year over year.

  • median listing price of $274.9K for $130 per sq ft.
  • median closing price of $259K
  • 873 homes for sale
  • 67 homes for rent
  • 99 median days on the market

Get a free market value analysis.

Contact us today to find out what your Land O’ Lakes home will sell or rent for with our free market analysis.

______________________________

“March 2019 Land O’ Lakes Real Estate Statistics” was provided by Relevé Real Estate with data released by the Greater Tampa Association of REALTORS®.

These numbers cover all of the neighborhoods in the Land O’ Lakes, FL zip codes of 34637, 34638 and 34639. All information is deemed reliable but not guaranteed