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April 1st, 2009 12:06 PM by David W. Welch
I have two homes listed in Avalon Park that are fantastic deals. One is like brand new and priced at only $269,900 which is a terrific deal on this gorgeous home. You can check it out at 1112 Brant Pt. The other home is in the Live Oak section of Avalon Park. walking distance to the pool, park and village center. A gorgeous two story with over 3,000 square feet of living space with rear entry garage priced at only $324,999. That is over $150,000 off the original price. You can see more about this home at 3810 Marsh Lilly.
For those of you who do not know a lot about Avalon Park, check out my webpage www.DavidWelch.com/AvalonPark. I have YouTube videos that let you take a drive through the neighborhood. Avalon Park is located on the east side of Orlando, and is convenient to the University of Central Florida, Lockheed Martin, the Research Park, and the upcoming Innovation Way leading out toward the new UCF Medical School, Burnham Institute, VA Hospital and Nemours Childrens Hospital. Right now there are a number of great deals in the area, because they overbuilt during the boom. In fact, this was one of the hottest areas during the red hot market of 2004-2006.
March turned out to be a great month for Orlando real estate sales, as I posted on twitter as of this morning there had been 1,450 closed sales so far. We are easily going to surpass 1,500 which we have not seen in quite a while. I'll be doing some research on that and getting back to you. I do know that prices are well below pre-boom numbers, and interest rates remain quite low. This is creating an affordability index for Orlando that is off the charts.
David Welch, Real Estate Optimist