Northlake Park at Lake Nona
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Your home is one of your most important assets. Like any other investment, you should know everything you can about its value and marketability. That is why I am happy to enclose this complimentary report on sales activity in Northlake Park at Lake Nona over the past year.
If you would like information on Short Sales or Foreclosures and how they affect you, please visit our Short Sales/Foreclosure Section of our Website.
The following tables contain information on homes sold in Northlake Park at Lake Nona over the past two years. Most of the information is self-explanatory. However, additional clarification may be helpful for the following statistics:
Annual Turnover: This is the percentage of homes that has sold in Northlake Park at Lake Nona over the past year. For example, if Northlake Park at Lake Nona had 100 homes and 5 sold in the past year, your annual turnover would be 5%. This statistic measures the pace of real estate activity in Northlake Park at Lake Nona. A higher turnover indicates a faster pace.
Ave Price per Sq. Ft: The average price per square foot is useful for understanding the average value of homes in Northlake Park at Lake Nona regardless of size. For example, a 2,000 square foot home that sold for $400,000 and a 2,500 square foot home that sold for $500,000 both have a price per square foot of $200. The difference in their sale price results from the difference in their living area. Multiplying the living area of your home by the average price per square foot for Northlake Park at Lake Nona provides a rough estimate of your home’s value.
Difference (/~): This shows how each statistic has changed from one year to the next, illustrating important trends in Northlake Park at Lake Nona. For example, if the Average Price per Sq Ft was $200 over the past 12 months and was only $180 the year before, it would show $20, indicating the Average Price per Sq Ft has increased by $20 compared to the previous year.
· Living Area: This is the space in a home that is typically air-conditioned. It generally excludes areas such as the garage, lanai, porch, veranda, etc.
· Beds: This is the number of existing bedrooms in a home. The number of possible bedrooms may be greater.
· Baths: This is the total number of full and half baths in a home.
I specialize in the representation of homeowners from Northlake Park at Lake Nona and the Southeast Orlando area. I believe you deserve access to the most current, objective and comprehensive information about Northlake Park at Lake Nona and your home. If you require the services of a real estate professional in the future, please allow me to outline how I can help you meet or exceed your objectives. Until then…
Best Wishes,
Allyn Maycumber
