When it comes to affordability in the state of Florida, the Space Coast ranks very highly according to a study by the the financial tech company SmartAsset.
Number 5 in the state to be exact. SmartAsset compared median incomes and cost-of-living data countrywide finding the counties where consumers get the most bang for their buck. (Source)
Brevard’s ranking shows a very appealing cost-of-living ratio in contrast to some other areas of the state. Brevard achieves this high ranking because of the higher incomes coupled with a lower cost of living.
This study just confirms what we’ve known all along, Brevard is a value buy! Some of the best values in coastal real estate in the nation can be found along the Brevard coastline. For example, one can purchase a renovated oceanfront home on almost 1/2 acre with a pool in Satellite Beach for $1.275 million:
This same property would be twice as much to three times as much in Vero Beach to the Palm Beaches…an astonishing value!
The deals are not just isolated to the oceanfront, boaters can get deep water on the Intracoastal with acreage for under 2 million. For example, this sprawling river to river estate with impeccable grounds and room for a 65+ foot boat is priced at $1.974 million
Brevard’s appeal doesn’t stop at the values, we have some of the highest rated public schools in the state making Brevard a great “home-base” for families.
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