What Is My Home Worth In Brandon FL?
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BRANDON HOME APPRECIATION RATES
Appreciation rates for homes in Brandon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.67%, which ranks in the top 50% nationwide. This equates to an annual average Brandon house appreciation rate of 0.93%.
Appreciation rates are so strong in Brandon that despite a nationwide downturn in the housing market, Brandon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Brandon appreciation rates continue to be some of the highest in America, at 9.03%, which is higher than appreciation rates in 92.41% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Brandon. Brandon appreciation rates in the latest quarter were at 3.22%, which equates to an annual appreciation rate of 13.51%.
Importantly, this makes Brandon one of the highest appreciating communities in the nation for the latest quarter, and may signal the town’s near-future real estate investment strength.
Relative to Florida, our data show that Brandon’s latest annual appreciation rate is higher than 60% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Brandon differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brandon – or in any city or town – that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Brandon real estate investment or home purchase decisions.
Information provided by: https://www.neighborhoodscout.com/fl/brandon/real-estate