Are you anxious to know why rentals in Weston Florida are so high? So if you have already decided on moving to Weston Florida and you're confused about either buying or renting an apartment? This article is definitely for you! Weston is one of the beautiful cities you will find in South Florida. Here, we are going to highlight the pros and cons of either buying or renting in Weston.
History of Weston Florida
The chronology of Weston can be traced to the 1950s by a man called Arthur Vining Davis; the city is on 15,000 acres of land.
The original owner of Weston’s primary developer, Arvida.
Plans were made on how the land would be developed and how the project would be financed.
And a place called Bonaventure was sold to be developed separately. This development was called the Indian Trace.
The Indian Trace development of regional impact (DRI) was approved in 1978, which gave access to 25,000 dwelling units to be constructed, although it was later reduced to 17,000.
In 1981, the Indian Trace community district was created. And five members board of supervisors was appointed by the developers.
The name of the Arvida development was changed from Indian Trace to Weston.The
And in 1984 the first homes were completed in Windmill Ranch and Country Isles, and Weston had its first residents.
Pros and cons of Weston
Weston is one of my favorite towns in South Florida.
Because Westons all kinds of things that make living there conducive, here are a few below.
- Weston has good schools, and and the educational prowess of kids is secured.
- The landscape of the city is great also.
- There are about 35,000 Palm trees in Weston.
- Looking for investment, There are a lot of opportunities in Weston as well.
Predictively, it maintains its structure in 2022 because, most people living there are stationed permanently except they want to relocate.
Perks of Buying/Renting a house in Weston
but the infrastructure is such a way to develop that there are not too many rentals like condos or you know, townhouses available.
Therefore, the general thing even before COVID Also, we always shot up inventory.
like you will not find the layouts, what you’re looking for you will or you will not find the price point what you’re looking for.
So on average, there are two bedrooms like even before COVID It was going around 1800 to 1900 non remodel properties.
I had my clients that are moving from out of state just before COVID. Two and a half years ago, we had to pay 1850.
Even though it was listed I guess around 1750 or something but that time also we kind of paid a little bit over then asking and it was not kind of your remodel property.
And right now these properties are going between 2400 to $2,600 sometimes.it depends on what kind of property you’re looking for.
So, budget-wise it has so much increased because the property value also has increased plus the inventory issue in the rental.
Real Estate in Weston
It’s very important to talk about real estate as it has to do with lifestyle. It is not just about the pricing, but it is about the correctness of housing you will find in Weston. The median house price for buyers is about $481,800, while the rent price is about $2,188.
If you are looking to move into Weston, or you are looking to sell any property here, make sure you have our team service!