Forest Prices Continue to Rise With with $1.3 Mil Sale
Even in the summer, the Sarasota real estate market is hotter than ever. Interest in The Forest at Hi Hat Ranch is also heating up as the real estate market rebounds and prices continue to grow. Buyers from all over the two-county area and beyond are discovering that the combination of beauty and privacy The Forest provides is hard to match. So, it’s no wonder they find their way to us.
I recently completed a purchase on a resale home in The Forest for $1.3 million. This is close to a high point for the community but even at these prices I believe our homeowners will continue to see appreciation. Your opportunity to buy is now as the prices in The Forest are actually a great value with our larger acreage homesites compared to other gated master planned communities in the area. A purchase I recently handled in another community in the booming east of I-75 corridor brought a price of $2 million. The deal was the highest sale price there in 18 months. The prestige of the area cannot be denied--luxury living in eastern Sarasota and Manatee Counties has arrived.
The Forest offers quality, distinction, and beauty, but it also is an exceptional value. It doesn't take a million dollars to find your dream home. I just oversaw the sale of a new home under construction by Todd Johnston Homes purchased in the mid $700’s. With 3-acre lots as low as $85,000, you could build a dream house for the same price or less than that of a resale.
With world-class golf courses, excellent shopping, and amazing recreational opportunities nearby, it’s no wonder buyers are impressed by The Forest. If they’re searching for 3-acre or larger homesites in a high quality gated master planned community, their search ends with us.. As the economy and housing continue to strengthen, the real estate prices will rise. The time to strike is now. The place to do it is The Forest.
The Forest offers a variety of homes from 2,800 square feet on estate-size homesites. Prices for new home and lot packages currently range from the $700s. If you have not been to The Forest, or it’s been a while since your last visit, get in touch with me for a private Land Rover tour. There is a lot that’s new in The Forest and along the Sarasota/Manatee I-75 corridor. We’re also working with our builders to bring on even more new homes floor plans. It would be my pleasure to show you around The Forest at Hi Hat Ranch. Stay tuned to our blog and Facebook page
for the latest Sarasota housing trends and new offerings at The Forest.