Is Fort Lauderdale Florida A Good Place To Live?
Have you ever dreamed of living on the Atlantic coast, where the cool breeze softly touches your skin, and the sun is always shining? If that sounds like the ideal place to live for you, consider relocating to Fort Lauderdale, Florida. The city is located in the Miami metropolitan area, one of Florida’s favorite coastal destinations. But you are probably wondering if Fort Lauderdale, FL is a good place to live? Let’s find out!
You probably heard stories about the gorgeous beachfront, excellent dining options, and the shopping scene of Fort Lauderdale, FL. But is that information enough to impact one’s decision to move here? Probably not. As a prospective homebuyer, you are probably wondering how affordable are the top amenities of Fort Lauderdale? Are there good schools and job opportunities in the area, or is Ft. Lauderdale safe to live in? All these factors together impact the lifestyle quality in a city.
Fort Lauderdale, FL is known for its 23 miles of world-class beaches along with plenty of upscale shopping and dining options. The city is home to the 3rd largest cruise port in the world, 63 golf courses, 16 museums, 132 nightclubs, and 278 campsites. Besides, the town is known for its extensive network of canals, therefore receiving the nickname “Venice of America.”
The top-notch amenities come at a high price as far as the costs of living go. The overall expenses are about 20% higher than the national average. The cost of living in Fort Lauderdale, FL is a bit lower than Miami, FL, making the living expenses pretty high, especially since housing costs are about 35% above the national average. Many argue that the perks of living in this marvelous city outweigh the cons.
The median home value is around $350,000, and the average rent is close to $2,000/month. If you want to find a home in one of Fort Lauderdale’s most desirable neighborhoods, get in touch with one of our best realtors in Fort Lauderdale FL, who can help you buy the house of your dreams.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
Contractual clause allowing one or both parties to terminate the agreement if a specified occurrence takes places. This is a cancellation clause, which allows the agreement to become null ...
The right to possess, exclusively occupy, enjoy, control, and dispose of real estate. Ownership rights to realty are granted by the ownership of a title to real property. ...
Board behind steps or stair going upward. ...
Monthly fixed rental payment. ...
time period, as established by state statute, during which a property owner can redeem a defaulted mortgage or land contract or reclaim a foreclosed property. A property owner acting ...
A lessening in the inflation rate. This may occur during a recession when insufficient demand prevents sellers from passing on higher prices to prospective buyers of houses. See also ...
The amount of inherent risk for a mortgage in granting a mortgage. An operating principle in mortgage risk rating is that the mortgage cannot exceed 2.5 times the mortgagor's annual income, ...
Method of eliminating the spaces between the solid fragments in fresh cement or mortar during the mixing process. This is done by a combination of constantly mixing, turning, centrifuging, ...
Individual who attempts to maximize his or her profitability by investing which the anticipation that a particular investment will go up in value. A speculator will generally be willing to ...
Have a question or comment?
We're here to help.