Where To Buy A $300,000 Home In Tallahassee
Posted by Joe Manausa on Wednesday, November 9, 2011 at 12:48:51 PM
By Joe Manausa / November 9, 2011
1 Comment
We just started working with a homebuyer who wants to buy a home in Tallahassee for less than $300,000, and our review of the options and opportunities for this buyer provided some great content for a real estate blog. So, if you've ever wondered where to go to buy a $300,000 home in Tallahassee, here's your answer.
First of all, you could start by searching the Tallahassee MLS to see how many homes are listed in this price range. Currently, there are 180 homes for sale in Tallahassee between $250K and $300K, which represents about 1 year's supply of inventory. This means that if nobody puts another home on the market in this price range for the next year, and nobody lowers their asking price to this price range in the next year, then we already have enough inventory to satisfy the current rate of demand for a $300,000 home in Tallahassee for another year. Simply put, that is way too much inventory and thus homebuyers have a great opportunity to find a super deal.
Where Has a $300,000 Home In Tallahassee Been Purchased?
The next step in our process is to determine where recent purchases in the $250,000 to $300,000 home in Tallahassee have occurred. If you are going to buy a home in this price range, you want to make sure that you not only explore all opportunities, you also want to ensure that you safely invest your money by purchasing a home in a neighborhood that consistently supports your price point. You wouldn't want to buy a $300,000 home in Tallahassee in a neighborhood where mostly $150,000 homes are selling.
Thus far in 2011, Bull Run and Southwood have the most home sales in the $250,000 to $300,000 price range, but Ox Bottom Manor and Killearn Estates have quite a few as well.
Now that we have a good understanding of where people have gone to buy a $300,000 home in Tallahassee, we next want to get a feel for value (what do they get for their money?).
$300,000 Home Sizes In Tallahassee
If we look at the price per square foot of $300,000 homes in Tallahassee, one neighborhood stands out as the best bang for the buck. Betton Hill gives you the most house for the dollar, though the age of the homes are older than the other neighborhoods.
How To Buy A $300,000 Home In Tallahassee
Regardless of the price range that you need to purchase, buying a home in Tallahassee should be a fun, exciting and rewarding process. Behind the scenes, we will ensure that you are kept safe in your real estate investment by ensuring that you have the full information about the real estate market for your price range. If you are thinking about buying a home, just drop me a note and we will schedule an initial interview to get you started on your way to owning a home in Tallahassee!
Recent Home Sales Between $250,000 and $300,000
| Neighborhood | Address | SP | Price/ SQF | Closing Date | Year Built | SQF |
| Buckfield | 1930 Buckfield Drive | $288,000 | $117 | 11/4/2011 | 2003 | 2,452 |
| Kirkwood | 3417 Robinhood Rd | $275,000 | $96 | 10/28/2011 | 1970 | 2,855 |
| Piney Z | 751 Eagle View Drive | $263,000 | $102 | 10/27/2011 | 2004 | 2,575 |
| The Tennyson | 121 N Monroe Street #5008 | $250,000 | $194 | 10/25/2011 | 2006 | 1,289 |
| Summerbrooke | 1179 W Conservancy Drive | $285,000 | $107 | 10/21/2011 | 2001 | 2,671 |
| Lakeshore Estates | 3513 Lakeshore Drive | $250,000 | $93 | 10/7/2011 | 1972 | 2,691 |
| Waverly Hills | 2912 Brandemere Dr | $270,000 | $92 | 10/3/2011 | 1964 | 2,937 |
| The Tennyson | 121 N Monroe Street | $267,500 | $208 | 9/30/2011 | 2006 | 1,289 |
| Piney Z | 979 Watersview Drive | $275,000 | $107 | 9/30/2011 | 2004 | 2,581 |
| Bull Run | 5625 Ringold Lane | $289,320 | $144 | 9/30/2011 | 2011 | 2,005 |
| Easton Glen | 1817 Celtic Road | $255,000 | $112 | 9/28/2011 | 2000 | 2,280 |
| Bull Run | 2617 Manassas Way | $269,900 | $130 | 9/28/2011 | 2011 | 2,070 |
| Lisa Park | 3137 Lisa Court | $283,000 | $107 | 9/26/2011 | 1971 | 2,646 |
| Arvah Branch | 2456 Arvah Branch Boulevard | $265,000 | $102 | 9/26/2011 | 1994 | 2,588 |
| Lake Jamie | 4221 Rabbit Pond Road | $259,500 | $113 | 9/23/2011 | 1991 | 2,302 |
| High Oaks | 4920 Outlook Ct | $250,000 | $89 | 9/22/2011 | 1996 | 2,814 |
| Huntington Estates | 4004 Danesborough Place | $250,000 | $98 | 9/14/2011 | 1997 | 2,564 |
| Ox Bottom Manor | 6392 Belgrand Drive | $299,900 | $131 | 9/9/2011 | 1995 | 2,283 |
| Killearn Estates | 2951 Giverny Circle | $255,500 | $119 | 9/9/2011 | 1998 | 2,152 |
| Bull Run | 2541 Lagrange Trail | $296,000 | $128 | 9/9/2011 | 2008 | 2,318 |
| Betton Hills | 2613 Marston Rd | $284,500 | $103 | 8/31/2011 | 1970 | 2,767 |
| Iamonia Lodge Unrec | 12182 Waterfront Drive | $280,000 | $175 | 8/27/2011 | 2010 | 1,600 |
| Hickory Ridge | 2825 Pine Ridge Rd | $250,000 | $109 | 8/26/2011 | 1971 | 2,291 |
| Ox Bottom Manor | 511 Meadow Ridge Court | $280,000 | $127 | 8/26/2011 | 1997 | 2,205 |
| Walden Place | 7126 Atascadero Lane | $270,000 | $110 | 8/26/2011 | 2007 | 2,463 |
| Bull Run | 2586 Ulysses Rd | $274,297 | $152 | 8/26/2011 | 2011 | 1,809 |
| Ox Bottom Reserve | 2104 Dewberry Court | $275,000 | $104 | 8/25/2011 | 2004 | 2,634 |
| Ox Bottom Manor | 6030 Quail Ridge | $265,000 | $98 | 8/24/2011 | 1992 | 2,715 |
| Waverly Hills | 2916 Abbotsford Way | $295,000 | $119 | 8/22/2011 | 1970 | 2,488 |
| Ox Bottom Manor | 6266 Hines Hill Circle | $270,000 | $127 | 8/19/2011 | 1992 | 2,123 |
| Betton Hills | 1535 Hickory Avenue | $275,000 | $132 | 8/15/2011 | 1951 | 2,078 |
| Bull Run | 2539 Bennits Mill Way | $299,900 | $145 | 8/15/2011 | 2011 | 2,074 |
| Southwood | 3790 Piney Grove Drive | $275,000 | $103 | 8/12/2011 | 2006 | 2,664 |
| The Vineyards | 1867 Chardonnay Place | $275,000 | $113 | 8/12/2011 | 1988 | 2,444 |
| Killearn Estates | 2901 Whittington Drive | $270,000 | $104 | 8/10/2011 | 1998 | 2,600 |
| Waverly Hills | 2910 Coldstream Dr. | $260,000 | $102 | 8/10/2011 | 1976 | 2,551 |
| Summerbrooke | 7083 Spicewood Lane | $282,000 | $132 | 8/10/2011 | 2001 | 2,133 |
| Miccosukee Meadows | 4504 Argyle Lane | $271,000 | $115 | 8/8/2011 | 2010 | 2,357 |
| Summerbrooke | 8073 Preservation Rd | $285,000 | $120 | 7/29/2011 | 2002 | 2,374 |
| Oakfair Farms | 2518 Lakefair Drive | $290,000 | $112 | 7/29/2011 | 2000 | 2,592 |
| Los Robles | 1542 Cristobal Drive | $279,000 | $180 | 7/29/2011 | 1948 | 1,547 |
| Piney Z | 825 Eagle View Drive | $250,000 | $106 | 7/29/2011 | 2005 | 2,364 |
| Eagle'S Ridge | 9019 Eagles Ridge | $250,500 | $110 | 7/29/2011 | 1991 | 2,272 |
| Killearn Estates | 5061 Pimlico Drive | $282,000 | $102 | 7/29/2011 | 1987 | 2,772 |
| Betton Hills | 2132 Armistead Road | $285,000 | $127 | 7/29/2011 | 1970 | 2,247 |
| Stoney Creek Crossing | 5768 Fox Bridge Way | $255,000 | $131 | 7/26/2011 | 2004 | 1,948 |
| Southwood | 3053 Four Oaks Blvd | $288,000 | $152 | 7/26/2011 | 2011 | 1,890 |
| Southwood | 3606 Strolling Way | $269,900 | $149 | 7/22/2011 | 2011 | 1,809 |
| Northampton | 2934 N Umberland Dr | $280,000 | $123 | 7/21/2011 | 1992 | 2,270 |
| Southwood | 3571 Strolling Way | $274,900 | $152 | 7/21/2011 | 2011 | 1,809 |
| Betton Hill | 1522 Argonne Rd | $250,000 | $87 | 7/15/2011 | 1957 | 2,890 |
| Eastman | 730 E College Avenue | $270,000 | $124 | 7/15/2011 | 2005 | 2,181 |
| Bull Run | 2595 Farragut Way | $269,900 | $130 | 7/15/2011 | 2011 | 2,070 |
| Bull Run | 5853 Appomattox Way | $266,000 | $129 | 7/15/2011 | 2008 | 2,070 |
| Killearn Estates | 4053 Kilmartin Drive | $280,000 | $106 | 7/8/2011 | 1992 | 2,638 |
| Betton Hills | 2223 Trescott Drive | $263,000 | $102 | 7/1/2011 | 1956 | 2,576 |
| Miccosukee Woods | 9187 Ravena Rd | $288,000 | $100 | 7/1/2011 | 1995 | 2,866 |
| Burr Sub | 3268 Longleaf Road | $280,000 | $76 | 6/30/2011 | 1953 | 3,679 |
| Killearn Lakes | 1604 Chadwick Way | $274,900 | $115 | 6/30/2011 | 1993 | 2,387 |
| Southwood | 3124 Mulberry Park Boulevard | $286,500 | $127 | 6/30/2011 | 2002 | 2,250 |
| Northampton | 2966 N Umberland Drive | $280,000 | $125 | 6/30/2011 | 1995 | 2,232 |
| Greens Of Killearn | 3066 White Ibis Way | $275,000 | $129 | 6/24/2011 | 1997 | 2,126 |
| Green Acres | 4571 Briar Post Road | $288,500 | $73 | 6/24/2011 | 1985 | 3,944 |
| Golden Pheasant | 2259 Upland Way | $280,000 | $99 | 6/23/2011 | 2005 | 2,838 |
| Los Robles Green | 1823 Atlantis Place | $269,000 | $145 | 6/17/2011 | 1985 | 1,853 |
| Sable Chase | 8413 Ivy Brook Ln | $263,000 | $109 | 6/16/2011 | 2004 | 2,405 |
| Ox Bottom Manor | 342 Milestone Drive | $296,500 | $124 | 6/15/2011 | 1989 | 2,400 |
| Ox Bottom Manor | 292 Thornberg Drive | $275,000 | $128 | 6/15/2011 | 1996 | 2,145 |
| Killearn Estates | 4016 Mclaughlin Drive | $279,500 | $115 | 6/13/2011 | 1988 | 2,440 |
| Betton Hill | 2522 Marston Road | $265,000 | $93 | 6/10/2011 | 1970 | 2,858 |
| Observation Pointe | 6193 Observation Circle | $250,000 | $125 | 6/8/2011 | 2011 | 2,000 |
| Killearn Lakes | 1628 Chadwick Way | $250,000 | $108 | 6/3/2011 | 1996 | 2,323 |
| Golden Pheasant | 6825 Canopy Grove Lane | $278,000 | $131 | 6/1/2011 | 2004 | 2,118 |
| Killearn Estates | 3493 Colonnade Drive | $271,750 | $132 | 5/31/2011 | 2006 | 2,056 |
| Southwood | 2124 Fernleigh Drive | $255,500 | $111 | 5/31/2011 | 2003 | 2,308 |
| Buckfield | 1938 Buckfield Rd | $295,000 | $117 | 5/27/2011 | 2003 | 2,526 |
| Adiron Woods | 3045 Bidhurst Ct | $284,000 | $112 | 5/27/2011 | 2006 | 2,546 |
| Bull Run | 2556 Carthage Lane | $288,000 | $146 | 5/27/2011 | 2011 | 1,972 |
| Bull Run | 2595 Halleck Lane | $276,040 | $137 | 5/27/2011 | 2011 | 2,008 |
| Southwood | 3152 Nathaniel Trace | $283,900 | $142 | 5/27/2011 | 2011 | 2,005 |
| Southshore Estates | 3109 Ortega Dr | $270,000 | $123 | 5/25/2011 | 1986 | 2,191 |
| Bull Run | 2587 Farragut Way | $252,900 | $139 | 5/25/2011 | 2011 | 1,825 |
| Stoney Creek Crossing | 1134 Sandler Ridge Rd | $283,000 | $111 | 5/23/2011 | 2003 | 2,545 |
| Luna Manor | 1381 Manor House Drive | $275,000 | $135 | 5/23/2011 | 1990 | 2,043 |
| Golden Pheasant | 6537 Cedar Chase Way | $255,000 | $86 | 5/18/2011 | 2005 | 2,955 |
| Edinburgh Estates | 4352 Camden Drive | $278,800 | $112 | 5/17/2011 | 2006 | 2,486 |
| Stoney Creek Crossing | 1150 Sandler Ridge | $255,000 | $111 | 5/16/2011 | 2004 | 2,305 |
| Killearn Estates | 2844 Whittington Dr | $275,000 | $117 | 5/16/2011 | 1999 | 2,344 |
| Mcbride Estates | 7783 Mcclure Drive | $250,000 | $82 | 5/13/2011 | 1992 | 3,066 |
| Sierra Woods | 8273 Sierra Woods | $255,000 | $94 | 5/12/2011 | 2005 | 2,700 |
| Hunters Crossing | 339 Reuger Court | $283,500 | $141 | 5/11/2011 | 2011 | 2,009 |
| Killearn Estates | 2812 Colonnade Court | $270,000 | $108 | 5/9/2011 | 1991 | 2,489 |
| Piney Z | 761 Eagle View Drive | $262,500 | $114 | 5/9/2011 | 2005 | 2,306 |
| None | 2344 Potts Road | $280,000 | $95 | 5/6/2011 | 2006 | 2,956 |
| Woodland Drive | 1207 Old Fort Drive | $265,000 | $114 | 5/6/2011 | 1960 | 2,334 |
| Stoney Creek Crossing | 1231 Sandler Ridge | $255,000 | $108 | 5/6/2011 | 2004 | 2,353 |
| Eagle'S Ridge | 9001 Eagles Ridge Drive | $268,500 | $144 | 5/5/2011 | 2003 | 1,868 |
| Killearn Lakes | 2252 Ten Oaks Drive | $267,500 | $153 | 5/2/2011 | 1989 | 1,748 |
| Durward | 2223 Ruadh Ride | $280,000 | $111 | 5/2/2011 | 1958 | 2,519 |
| Loma Woods | 3498 Loma Farm Rd | $285,000 | $77 | 4/30/2011 | 2002 | 3,681 |
| Southwood | 3594 Strolling Way | $281,297 | $155 | 4/30/2011 | 2010 | 1,809 |
| Walton Corners | 6123 Cody Trail | $290,000 | $110 | 4/29/2011 | 2007 | 2,640 |
| Betton Hills | 2506 Marston Road | $257,500 | $134 | 4/29/2011 | 1971 | 1,928 |
| Pine Tip Hills | 3653 Dwight Davis Drive | $277,000 | $125 | 4/29/2011 | 1989 | 2,216 |
| Bull Run | 2537 Ulysses Rd | $263,000 | $155 | 4/29/2011 | 2011 | 1,700 |
| Durward | 510 Vinnedge Ride | $250,000 | $107 | 4/28/2011 | 1960 | 2,335 |
| Summerbrooke | 7130 Nesters Drive | $289,000 | $95 | 4/27/2011 | 1995 | 3,027 |
| Bull Run | 2509 Ulysses Rd | $269,900 | $154 | 4/25/2011 | 2010 | 1,748 |
| Luna Plantation | 10850 Luna Point Rd | $260,000 | $127 | 4/22/2011 | 1990 | 2,054 |
| Killearn Estates | 4048 Brandon Hill Dr | $295,000 | $110 | 4/22/2011 | 1978 | 2,670 |
| Bull Run | 2538 Lagrange Trail | $279,900 | $141 | 4/15/2011 | 2011 | 1,990 |
| Park Charleston | 3385 Shadowmoss Dr. (Pch 16) | $250,000 | $130 | 4/15/2011 | 2011 | 1,920 |
| Southwood | 3590 Strolling Way | $288,042 | $144 | 4/8/2011 | 2010 | 2,005 |
| None | 143 Patale Dr | $280,000 | $110 | 4/7/2011 | 1965 | 2,545 |
| Killearn Lakes | 1636 Copperfield Circle | $255,000 | $114 | 4/4/2011 | 1992 | 2,245 |
| Bull Run | 2639 Ulysses Rd | $260,000 | $114 | 4/1/2011 | 2006 | 2,272 |
| Southwood | 3622 Strolling Way | $277,404 | $153 | 3/31/2011 | 2010 | 1,809 |
| Bull Run | 2533 Carthage Lane | $285,000 | $138 | 3/28/2011 | 2008 | 2,072 |
| Hadley Crossing | 2353 Hadley Crossing | $250,000 | $100 | 3/28/2011 | 2007 | 2,502 |
| Bull Run | 5636 Burnside Circle | $275,000 | $122 | 3/25/2011 | 2006 | 2,257 |
| None | 6023 Veterans Memorial | $290,000 | $94 | 3/21/2011 | 2008 | 3,074 |
| Killearn Estates | 2950 Giverny Circle | $264,000 | $110 | 3/18/2011 | 1995 | 2,399 |
| Heartwood Hills | 10525 S Valentine Road | $265,000 | $122 | 3/15/2011 | 1993 | 2,180 |
| Miccosukee Meadows | 4460 Argyle Ln | $251,000 | $113 | 3/15/2011 | 1996 | 2,224 |
| Pebble Creek | 4093 Tam O Shanter | $250,000 | $129 | 3/3/2011 | 1987 | 1,934 |
| Southwood | 3760 Overlook Drive | $295,000 | $129 | 3/2/2011 | 2003 | 2,292 |
| Tallahassee Ranch Club | 6824 Painted Post Lane | $250,000 | $102 | 2/28/2011 | 2007 | 2,452 |
| Greenwood Hills | 2070 Wildridge Drive | $285,000 | $80 | 2/28/2011 | 1990 | 3,557 |
| Evening Rose | 1716 Cottage Rose Lane | $276,000 | $161 | 2/28/2011 | 2011 | 1,716 |
| Centerville Planatation | 10877 Old Centerville Road | $273,000 | $131 | 2/25/2011 | 1992 | 2,082 |
| Southwood | 3158 Buckhead Trace | $255,000 | $108 | 2/15/2011 | 2002 | 2,368 |
| Southwood | 3630 Strolling Way | $269,900 | $149 | 2/15/2011 | 2010 | 1,809 |
| The Antlers | 1020 Alameda Drive | $275,000 | $96 | 2/11/2011 | 1989 | 2,850 |
| Ox Bottom Manor | 6272 Whittondale Drive | $255,000 | $114 | 2/9/2011 | 1998 | 2,241 |
| Bull Run | 2591 Ulysses Road | $299,900 | $145 | 2/3/2011 | 2010 | 2,074 |
| High Hills | 15290 High Hills Circle | $270,000 | $115 | 1/31/2011 | 2010 | 2,346 |
| Killearn Estates | 3478 Hyde Park Way | $258,000 | $119 | 1/31/2011 | 1994 | 2,161 |
| Southwood | 3574 Strolling Way | $299,900 | $143 | 1/28/2011 | 2010 | 2,100 |
| Southwood | 2525 Twain Drive | $280,000 | $111 | 1/26/2011 | 2005 | 2,530 |
| Killearn Lakes | 2409 Bass Bay Drive | $282,000 | $115 | 1/26/2011 | 1994 | 2,442 |
| None | 1888 Chaires Cross | $282,500 | $69 | 1/19/2011 | 1967 | 4,088 |
| Easton | 1873 Easton Forest Drive | $255,000 | $112 | 1/19/2011 | 1994 | 2,275 |
| Turkey Creek | 14248 Anders Hammock Trl | $250,000 | $114 | 1/14/2011 | 2005 | 2,196 |
| Southwood | 3753 Four Oaks Blvd | $273,000 | $127 | 1/13/2011 | 2002 | 2,156 |
| Stonebriar | 2335 Cleburn Lane | $275,000 | $130 | 1/13/2011 | 2010 | 2,120 |
| Pedrick Crossing | 1200 Pedrick Road | $274,800 | $78 | 1/12/2011 | 1989 | 3,529 |
| Adiron Woods | 7040 Sawley Court | $250,000 | $96 | 1/6/2011 | 2007 | 2,592 |
Discussion
Great article! Very relevant to my search! Can't wait to see a similar one for the $300,000-$350,000 range. MP
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