If you're searching for a Fort Lauderdale home in the Progresso area, you will be in an area whose values are on the rise as the area continues to upgrade.
That is very much based on the influence of Wilton Manors, a city whose gentrification has progressed well past its own borders.
You may want to have your Fort Lauderdale real estate agent show you homes in the Progresso area. You will find homes with prices from around $35,000 for small houses that may need heavy rehab, into the mid $300,000s Naturally, the price you pay will depend on the location and the condition of the property.
If you take a look at recent comps for homes in the Progresso area of Fort Lauderdale and homes in Wilton Manors, you may decide that home prices in Progresso -- and even in Wilton Manors, despite its increases -- are still relative bargains...because they continue to increase based on improvement in the area.
Marc Jablon, the Jablon Team
RE/MAX Complete Solutions