Bankruptcy Homes in Ridge Manor, FL

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View this home at Olivet Dr Ridge Manor FL 33523
$339,516 EMV

2 Bed | 2 Bath | 1,760 Sq. Ft.

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Home Value Estimator For Ridge Manor, FL

There are currently 1,030 real estate properties in Ridge Manor, FL, with a median automated valuation model (AVM) price of $232,199.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ridge Manor, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ridge Manor, FL, is $251,145.00, with the most expensive house in Ridge Manor, FL, topping out at $1,030,012.00 and the cheapest home in Ridge Manor, FL, clocking in at $45,246.00. In other words, there’s something for every potential homebuyer or savvy investor in Ridge Manor, FL!

Rent Prices In Ridge Manor, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ridge Manor, FL, is on a rollercoaster ride. The average rent price in Ridge Manor, FL, is $1,072.00. Indeed, when looking to rent in Ridge Manor, FL, you can expect to pay as little as $720.00 or as much as $1,800.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Ridge Manor, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Ridge Manor, FL In 2024

Ridge Manor is located in Hernando, Florida, with an estimated municipal population of 4,820 residents. All of the best foreclosed homes for sale in Ridge Manor are located in the following zip code areas on 33523. The estimated population per square kilometer (.62 miles) in Ridge Manor is 215.

Cost Of Living In Ridge Manor, FL

So, about how much do homes cost in Ridge Manor? The most recent median value of resident-owned homes in Ridge Manor is 106,597. An estimated 78.5 percent of households in Ridge Manor own their homes, with an average family size of 2.95. The median household income in Ridge Manor is 44,150, with21.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ridge Manor, the median commute time of resident workers (in minutes) is 35.8. And last, but certainly not least, are you looking for homes to rent in Ridge Manor? If so, the average rent price paid by renters in Ridge Manor is 837, according to recent statistics.

Diversity And Demographics In Ridge Manor, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Ridge Manor, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Ridge Manor is 48, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Ridge Manor is 51.3, with an average family size of 2.95.

The percentage of residents who report their race in Ridge Manor is as follows:

White 94.4%
Black / African American 2.9%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Ridge Manor? Or maybe you are searching for 55+ active adult communities in and/or near Ridge Manor?

The percentage of residents who report their age in Ridge Manor is as follows:

Under 10 7.6%
Aged 10-19 9.4%
20s 14.5%
30s 6.6%
40s 16%
50s 12.5%
60s 15.4%
70s 10.8%
80+ 7.2%

Best Schools In Ridge Manor, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Ridge Manor with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ridge Manor.

Pros And Cons Of Living In Ridge Manor, Florida

How do you know that living in -- or moving to -- Ridge Manor is right where you need to be? Perhaps you grew up in Ridge Manor or already live nearby; therefore, the decision to buy a home in Ridge Manor is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Ridge Manor for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Ridge Manor:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Ridge Manor.

Reasons To Move To Ridge Manor, Florida, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Ridge Manor can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Ridge Manor, meanwhile, can field multiple offers from more qualified buyers.

Ridge Manor, FL Bankruptcy Homes


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