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Trulia, Other/Just Looking in San Francisco, CA

What areas in Sarasota are likely to appreciate in the next 5 years?

Asked by Trulia, San Francisco, CA Fri Mar 9, 2012

What potential local factors could contribute to this appreciation?

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Waterfront will always be the safest bet to appreciate. Even if you make a mistake, time will make up the difference. With the reduction of prices off our highs in 2005 by 30% to 60 %, the properties on the market now have a much better chance of appreciation. Old Comps will determine how much and how fast. Lakewood Ranch has seen the fastest growth and rebound. New Benderson mall at I-75 and University Parkway will certainly add value to the University Prkwy corridor and Lakewood Ranch. New rowing center and Soccer complex is another major draw for that area.
Just another day in paradise.
Jim Soda ... TheSodaGroup.com
Keller Williams Realty
Sarasota - Lakewood Ranch
Web Reference: http://www.jimsoda.com
2 votes Thank Flag Link Fri Mar 9, 2012
You can pretty much stick a pointer in the map anywhere and it is going to do better we are at 50 cents on a dollar in price from the high market we had back in 2005 to 2006. I personaly like the University corridor there is a lot of expansion on the retail side.There is currently the biggest and best mall being developed near I-75. Along with the new Regatta facility, and Lakewood Ranch next to it as well.Call or email if you would like to see some listings.

Michael Beninato
Re/Max Alliance Group
2 votes Thank Flag Link Fri Mar 9, 2012
honestly, no one can give you an answer to that if we could we would know the future and if we knew the future i would be a much wealthy person and please give me the #'s to the lotto while you are at it.
Saying this though if you look over the 100 plus yrs. of real estate more than likely waterfront or in Sarasota case Gulf front homes did not get hurt as much as that trailer home out east of 75, so would say that in 5 yrs. if waterfront should always hold there value vs. no waterfront across the board.
let you?????
Web Reference: http://theleventhalteam.com
1 vote Thank Flag Link Fri Mar 9, 2012
You cannot go wrong with anything in Sarasota, the #1 place to retire!

Raffie Hamilton
Good Life Realty
1 vote Thank Flag Link Fri Mar 9, 2012
Any property touching the water will appreciate in value.

David Barr, Broker Associate
Sandals Realty
941.870.0656 direct
Twitter: @sarasota_homes
Blog: homesinsarasota.blogspot.com
1 vote Thank Flag Link Fri Mar 9, 2012
I am in the Real Estate business, not in speculating.

Broker Associate, CRS, CIPS, GRI, SFR, TRC
Web Reference: http://WernerUntrieser.com
0 votes Thank Flag Link Fri Mar 9, 2012
The greatest appreciation will always be established by supply and demand. The supply of land on the keys is limited thus the appreciation is probably going to follow that formulation. As always it really comes down to location-location-location. If you are interested some great values on the Keys outlining Sarasota please feel free to contact me.
John August
0 votes Thank Flag Link Fri Mar 9, 2012
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