With 53,000 new residents in just the past ten years in Pace, Florida, the high demand for housing is making it a desirable place for new residential developments. Land is not easy to come by in Pace, however, there are some extremely attractive and feasible options available. If you are looking to be immersed in the natural beauty of the land and wildlife, but still want the convenient access to shopping, hospitals, entertainment and work, there are several responsible residential developments that will suit your needs and wants, all while preserving nature.
Buffalo Creek Estates, Buffalo Ridge and Sweet Water Creek are all residential developments that are waiting for you to call home. Santa Rosa County has reported that it will need to build nearly 1,500 houses per year to meet the current demand. There are predictions that this boom will continue for the next eight years. This is very similar to what happened in the early 2000s. The housing prices in Pace are reflected due to this urgency.
The current median home in Pace is $172,000.00 and the median monthly rental price is $1,300.00. Taking into account the projected growth rate of 1.9% per year, Pace will continue to see growth in equity. When you think of your home, equity is not always the first word that comes to mind. Peace and quiet (kids being the exception) and relaxation should be what is felt when you think of your home.
The residential developments in Pace are seeking to provide that for their residents. When looking for the natural beauty and that “homey” feeling Santa Rosa County has been admired for its development strategy in these planned communities. In fact, the Wall Street Journal has mentioned that privacy has become one of the key factors for buyers when they mention their concerns about buying a home.
How does a sunset view sound instead of the view of your neighbor’s front door? Imagine a parcel of land of 5 acres or a larger to call your own. Land developments like Buffalo Creek Estates, Buffalo Ridge and the upcoming Sweet Water Creek are at the forefront of planned communities that are offering large parcel neighborhoods that provide access to all the conveniences that we are all looking for.
Pace is continuing to grow, already offering quality public education options, healthcare facilities, shopping centers as well as indoor and outdoor recreation. Pace has plenty of options for work and is a growing and stable place to call home.
