Real Estate
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Venice, Florida, sometimes known as the shark tooth capital of the world is truly a tropical paradise. With miles of white sand beaches, clear blue water and year-round warm weather, it attracts many visitors and new residents every year. If you enjoy fishing, swimming, sunbathing or hunting for prehistoric shark teeth, then Venice may just be the place for you.
Real estate in Venice, FL, is an excellent investment, whether you are looking at a retirement locations, vacation homes or just your next home. Even if you don’t plan on living in this coastal paradise, investing in Venice Real Estate can be lucrative due to appreciating home value.
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| Population 17,764 | Median Age 68.8 yrs | Household Size: 1.76 |
| Avg Home Value: $140,500 | July High: 91.1°F | January Low: 52.1°F |
Venice Real Estate and Homes
Real estate in Venice, FL, has proven to be a good investment, especially recently. This resort town is constantly growing and will likely continue to grow as long as business and the weather is good. Due to its tropical environment, appreciating home value and established real estate market, Venice is a great place to buy or sell property and homes.
Tropical Venice
Venice, FL has always proved itself as a wise real estate investment simply because of its great tropical location. Venice is located on the southwest coast of Florida. The breeze off the Gulf of Mexico moderates the weather, keeping the city in a year round 60 degree to 80 degree average range. Palm trees speckle the streets, accentuating the Italian Renaissance style the city is so proud of. This nice tropical environment established Venice as a vacation and retirement hotspot. This also established the city as a real estate hotspot.
The Market in Venice
Homes in Venice have a history of appreciation. In recent years there has especially been a growth in the real estate market. The population rose 12.5 percent from 2000 to 2004 and the market reacted to this growth by increasing property values. The median home value increased nearly $300,000 in the last five years, from about $160,000 in 2000 to $340,000 in 2005. If you’re looking to invest, now may be the time to jump into the market before it increases much further; however, take some caution before placing your chips on Venice’s real estate table. The market is good, but some experts fear Venice’s market has recently over-appreciated. This means despite the constant growth in the market, prices may drop to compensate. Be careful before investing to consider this.
A History of Real Estate in Venice
From its beginnings as a town, Venice has always bustled with activity in the market for property and homes. Real estate agencies were some of the very first industries in the area. As a result, real estate agents in Venice have an established history of helping their customers. You may want to consider the services of one of the many Venice Realtors or agents before you jump into the market. These professionals know the area and can help you find and make the best investment for your money.
By Dallin Smith
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®