Advantages of Buying New Construction Homes in Florida
Property in Florida has been getting increasingly expensive since 2012. E.g., the median cost of a single-family residence here in 2022 was over 2.5 times higher than ten years before. Real estate experts say that this is because of the numerous benefits of living in the 'Sunshine State'. That's true only if one decides on new construction homes in Florida using reputable housing websites (such as newhomesmate.com), though. Merely trusted platforms suggest well-researched info to their visitors. But now, let's look at the pros of having housing in the 'Sunshine State' in detail.
Financial Advantages of Purchasing New Construction Homes in Florida
'Sunshine State' citizens gain quite high salaries. The USCB reports that presently the average family income in Florida is approximately $61,777 annually. At the same time, the median home cost is about $383,000, which's comparatively inexpensive.
Moreover, the state excels in relatively low cost of living. The latter is 17% and 23% lower than correspondingly in New York as well as Massachusetts. Moreover, following Numbeo, even the most expensive places in east-coast Florida, such as Fort Lauderdale or Miami, are significantly cheaper than well-known west-coast cities like Portland, Los Angeles, San Diego, etc.
Absence of the State Income Tax
Plenty of items are free from taxation when selling them in Florida. The list of such goods includes the following:
groceries (including ready-made food);
prescribed medicines for humans as well as animals;
medical supplies (wheelchairs, crutches, etc.).
Footwear and clothing are also out of the state income tax. A pair of shoes or a wearing item may be bought for less than $60 here.
Great Opportunities for Doing Business
Those who bought new construction homes in Florida may easily create their own companies in the state. That's because the latter stands out for its robust and diverse economy as well as its low corporate tax rate.
High-Class Healthcare Service
You may safely move to the 'Sunshine State' with your elderly parents because this region excels in qualitative hospitals as well as medical centers. Among the best ones, it's worth noting the subsequent healthcare establishments:
AdventHealth Orlando (a tertiary referral medical facility);
The Mayo Clinic in Jacksonville;
Cleveland Clinic's Weston Hospital.
Finally, Florida real estate owners can avail of the services of alternative health practitioners. Such medics offer holistic treatments, such as massage therapies, acupuncture, etc.
Loads of Outdoor Activities
Florida has 200+ sunny days during the year. Locals are offered plenty of spectacular outdoor activities because of that. The most popular ones are:
boating as well as paddleboarding;
swimming and snorkeling;
fishing, scuba diving, and many more.
'Sunshine State' property owners' children will also find numerous interesting activities. The state offers kids mind-blowing attractions, such as Universal Studios or Disney World. And, of course, there are numerous great beaches with picturesque views throughout Florida, where you may play volleyball, badminton, etc.
Wrapping Up
Acquisition of a new construction home in Florida is a great idea for those preferring to live in a mild climate among truly friendly people. The 'Sunshine State' excels in a moderate cost of living, favorable conditions for doing business, plenty of good healthcare establishments, and numerous activities for both adults as well as children. Finally, Florida stands for its great educational institutions. You may get more details on this subject in thematic blogs (like on the NewHomesMate official site).
