Home Values Trend Upward in Lake Worth: Now’s the Time to Buy if Trend Continues
According to recent data from Trulia.com, home values are up in Lake Worth over the past 12 months, making now an ideal time to buy if this trend continues throughout 2019. The median sales price is up $8,000 (3%) while the average price per square foot is up to $151 from $145.
Strengthening the argument for buying now is the fact that the median rent price has continued to trend upwards, while the number of rentals available has plummeted. If this downtrend continues for available rentals, then the median rent will likely head even higher.
So instead of throwing away exorbitant amounts of money on rent, you can invest in your future by buying a townhome.
The Best Value in The Palm Beaches
Not only is now a great time to buy a townhome in Lake Worth, but it’s an incredible time to buy in the Lake Worth community of Colony Reserve. Thanks to its numerous resort-style amenities and luxury included features, the community has gained a reputation for being one of the best values in Palm Beach County.
From the swimming pool, hot tub spa, card room and LifeFitness® gym in the spacious community clubhouse, to the granite countertops, designer Thermafoil cabinetry, G.E. stainless steel appliances and impact windows in the townhomes, it’s no wonder homebuyers are loving the value that Colony Reserve offers.