Punta Gorda, FL is a great place to live or have a seasonal home and prices are now as low as theyâ€™ve been in 5 years. While it is difficult to determine the bottom of the market, it is certain that this is a better time to consider a purchase than any time in the recent past.
If you watch the price trends you will see that there have been quite a number of sales in the area and buyers are getting great deals. Sometimes when a home reaches the market at a very low price, excited buyers have been bidding them up. In Port Charlotte we have seen a 3 bedroom, 2 bath, 2 car garage pool home, built in 1996, tile throughout and in good condition (needs a little paint, etc). Asking price $87,000â€¦ bids at least to $91,000. This home sold for $220,000 in 2005. Yes, there are bargains and with the help of a knowledgeable agent, you will find a deal.
There is an excellent inventory of homes in Punta Gorda. Punta Gorda includes Punta Gorda Isles, the historic section of downtown, Deep Creek and some outlying areas.
Punta Gorda Isles is known as the best boating community in Southwest Florida. Most homes in PGI are built on gulf access canals and have the added benefit of being maintained by the city. A waterfront home in PGI does not come cheap, but you certainly can find a very nice home at a great price. Check out this report of waterfront homes in PGI: http://www.searchsuncoast.com/searchresults.html?proptype=Ho
Deep Creek was developed by the same people as Punta Gorda Isles and have similar deed restriction. The homes are beautiful and the neighborhoods are clean and safe. Deep Creek is off the water but if you are a golfer, it has a very nice course and it is still close to downtown Punta Gorda with its shops and restaurants. Take a look at this report: http://www.searchsuncoast.com/searchresults.html?proptype=Ho
If you are not interested in a waterfront home or a golf course home, you may consider Port Charlotte, across the river from Punta Gorda. It has great shopping , restaurants and neighborhoods, an excellent beach complex and the price for a home is a bit less. Here is a report of Port Charlotte homes: http://www.searchsuncoast.com/searchresults.html?proptype=Ho
If I can be of further help, give a call or drop a line.
Licensed Real Estate Broker
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