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In My Neighborhood in 34759 : Real Estate Advice

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  • Local Info10
  • Home Buying19
  • Home Selling8
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Activity 4
Sat Mar 23, 2013
Abraham Bidhendi answered:
Kissimmee area on average has had about 10% to 15% price appreciation during past year alone (depending on the area). It got hit pretty bad back I n 2008 through 2010 but it is recovering at an amazing rate.

I bought a house in Kissimmee for one of my clients 4 months ago for $197K and they now have to move out of state due to their work situation and their home is now worth around $230K which not a bad move for only 4 months right?

Vacancy is of course can vary depending on the area but Kissimmee is a major city so I do not foresee that much problem with renting out your home as long as you are in a demanding area.

Management companies usually charge anywhere between 8% to 10% of the monthly rent to manage your home.

3% is usually what Realtors charge to sell the home. So I assume that is what your friend has referred to.

Below is the link to some homes in Kissimmee just so you see your options:

http://abidhendi.orlandopropertiesonline.com/listings/areas/41086/minprice/100000/maxprice/200000/beds/3/minyearbuilt/1990/propertytype/SINGLE/listingtype/Resale+New,Foreclosure+Bank+Owned,Short+Sale,Lease+Rent/sort/price+asc/

Hope this helps.

Abraham Bidhendi
Top Producer Realtor® with over 25 years of experience
Awarded as Exit's TOP Buyer side Transactions for the State of Florida
We have had 142 successful transactions during the past year alone.
Exit Realty Access, LLC
Direct: (407) 744-2533
Fax: (407) 444-9925
Email: REOsofflorida@msn.com
Website: http://abidhendi.orlandopropertiesonline.com
Kissimmee Office: 391 N. Main St., Kissimmee, FL 34741
Altamonte Springs Office: 660 Palm Springs Dr., Suite D, Altamonte
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Sun Dec 30, 2012
A Property Owner answered:
Poinciana is a very interesting place. The residents come from all over the world. I've personally met people from South America, Eastern Europe, Canada, and other parts of US such as New York City, Colorado, Oklahoma, and Georgia. I had many interesting and friendly conversations with these people. It's a fairly safe and clean place to live.
I know many international investors bought houses there in the past few years, including those from Canada, New Zealand, Great Britain, and China. The price has gone up in the past few years. New roads, new parks, and a new hospital are being built. There are also several new stores that opened recently.
If you really want to walk to stores, you could buy a house at Village I and walk to the Publix, a few restaurants, two barber shops and a hair salon, the library, and the post office. However, since it could get very hot in the summer (as in other part of Florida), walking to store in the summer may be difficult (depending on your health). You could bike or take the bus, though.
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Sat Nov 27, 2010
Mark LeMenager answered:
Hi Will,

You are doubtless attracted by the extrmemely low prices on the internet for larger homes in Poinciana. From what you have written I assume that you have never been there. Poinciana is a working class neighborhood (small city really). It is nothing fancy and there are no nearby hospitals. There are of course lots of plans but they are years away. Remember, you get what you pay for. If a large house for little money is your number one goal, then Poinciana is a good choice.

Good luck,
Mark LeMenager
Find your next house with the click of a mouse.
Search the MLS without obligation or registration from my website.
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Fri Oct 8, 2010
PoincianaHome answered:
Since the MidFlorida MLS allows REALTORS to search for almost exactly what any buyer is looking for, I would recommend you consider shopping for a buyer's agent. However, if you're not ready to work with a REALTOR, please go to www.PoincianaHome.Net and check out our "Hot Deals." We have them separated by Poinciana and non-Poinciana homes, foreclosures, and pool homes. Or, write to us at Poinciana@Florida.USA.com and ask for your exclusive Hot Deals password. We'll get you setup right away. ... more
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