Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 3,003 people, 1,231 houses or apartments, and a median cost of homes of $758,545, Windermere house prices are not only among the most expensive in Florida, Windermere real estate also is some of the most expensive in all of America.
Windermere is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Windermere than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Windermere. Owner-occupied housing accounts for 92.53% of Windermere's homes, and 80.85% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Windermere built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Windermere built between 1940-1969 ( 18.63%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.30%). There's also some housing in Windermere built before 1939 ( 2.67%).
In the last 10 years, Windermere has experienced some of the highest home appreciation rates of any community in the nation. Windermere real estate appreciated 112.47% over the last ten years, which is an average annual home appreciation rate of 7.83%, putting Windermere in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Windermere definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Windermere that despite a nationwide downturn in the housing market, Windermere real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Windermere appreciation rates continue to be some of the highest in America, at 13.93%, which is higher than appreciation rates in 94.02% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Windermere. Windermere appreciation rates in the latest quarter were at -1.15%, which equates to an annual appreciation rate of -4.51%.
Relative to Florida, our data show that Windermere's latest annual appreciation rate is higher than 70% 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 Windermere differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Windermere - 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 Windermere real estate investment or home purchase decisions.
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