What is a good area of Orlando to buy a house in...one that might be good for resale in about 10 years.

Asked by Judith, Melbourne, FL Mon Jan 7, 2008

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8
Rick Aguirre, Agent, Orlando, FL
Tue Jan 27, 2009
Judith,
Wow you can expect a different answer from each of us. ( haha). Lake Nona. With the Medical city being built I would say that in 10yrs it will be enormous and a very good place to be.
Hope this helps.
Rick.
0 votes
Lb, Both Buyer And Seller, Winter Park, FL
Tue Jan 27, 2009
Winter Park/Baldwin Park will continue to be the best areas of town as far as location (close to everything), low crime rate and the best schools in town. The homes around Winter Park (32789, 32803 zip code areas) have many homes that are being purchased and then renovated and are now gorgeous! There are many parks, bike trails, and sports fields. (within walking distance to many homes) Shopping and downtown are a short drive away and I repeat, the schools in this area are "A" rated and will always be the best in the area...both private and public schools in this area are great and will definitely attract many people. The homes in 32803 (especially the ones close to Winter Park) are holding their value more so than homes in some of the other areas because it is a desirable area and there are million dollar and half million dollar homes within a short distance.

http://www.orlandosentinel2.com/data/crime/
http://www.postlets.com/res/1714072
0 votes
Ann Varkey, , Orlando, FL
Mon Jan 12, 2009
Dr. Phillips is a Prime location in Orlando, close to Orlando's finest dining, shopping and attractions. The schools are great as well. It is an upscale area that has appreciated and will continue to ...You are welcome to visit my website, I have many listings and would be glad to assist you if every in the area.
Web Reference:  http://www.annvarkey.com
0 votes
Michael Bren…, , 33880
Sat May 10, 2008
Hi Judith,

It depends on the type of property you are looking for, a resale in 10 years will depend on the economy and the desirability of the location your home is in. As you can see below there are many great areas that have the desirability, however it depends on your speed of life and the type of property you desire.

Let me know how I can assist further.
I grew up in the Orlando area.

Michael Brenner
0 votes
L. Morrill, Home Seller, 32837
Fri Apr 25, 2008
I have a home for sale by owner near Narcoosee Rd area, attractions, airport, shops if interested. As stated below, this area will see alot of growth soon with the medical school and VA coming in 2010. If you or anyone is interested in a 4 BR 2 BA in zip 32837, see our for sale by owner home at https://www.forsalebyowner.com/21181862 Also we are holding an open house Saturday 26 April 2008 from 10 -4pm - call us at 407-574-5640 for details.
0 votes
Hojin Chang, Agent, Orlando, FL
Thu Jan 17, 2008
I agree with Rick in that the area off Narcoosee Rd. is going to see the most growth in the next 10 years because the new medical school and Burnham Institute will create demand for housing in this area. There's also some old faithful areas that have always been good. While the Narcossee Rd. area is more of a speculative buy, Dr. Phillips, Windermere, Winter Park, and Lake Mary have always done really well for appreciation compared to the rest of Orlando. Winter Park tends to have more older homes but new homes can be found a Baldwin Park and Windsong. Orwin Manor is my favorite neighborhood for older homes in Winter Park. Alaqua Lakes in Lake Mary is a good place to start but it is pricey here. In Dr. Phillips and Windermere, there's just a ton of choices for new and older homes. I believe Windermere has recorded the most number of sales of homes that cost more than a million dollars in Central Florida. You can check out my blog to get an idea of Windermere and Dr Phillips. It's a great time to buy with a 10 year time horizon. Some of the best deals can be had in this depressed market.
Web Reference:  http://sworlandoscoop.com
0 votes
Rick Aguirre, Agent, Orlando, FL
Mon Jan 14, 2008
Hi Judith,
There are a few options, I must agree that the East side of Orlando which includes Waterford Lakes(,Eastwood and Stoneybrook ( both golf communiies) Avalon Park and the Lake Nona Area .Its fast growing with ample shopping and entertainment venues. Also Good Schools and and the new Medical city being built. this includes the Burnham Institute, The UCF School of Medicine and the soon to announced VA Hospital.
Oviedo is also another choice as is Winter Park and Winter Springs.
Really its a choice you may want to consider after you get a good idea of where everything is and how far to work and you worship/school and medical needs are. If you have any questions just let me know. I am here to help.
Rick.
Web Reference:  http://www.realestatera.com
0 votes
Chris M. Cro…, , Orlando, FL
Sun Jan 13, 2008
Hi Judith! I would suggest the east side of Orlando. There are two specific areas that come to mind. Both are within close distance of the UCF or the new medical school/teaching hospital. Take a look at Waterford Lakes area or the Narcoose corridor. If you buy something near the new medical school you will probably get a faster return on your investment. Please let me know if I can help.
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