Valencia Lakes Tampa Palazzo Model

Valencia Lakes is a 55+ active-adult paradise defined by an array of lifestyle programs, over 100 acres of lakes and a 27,000 total square foot clubhouse. Minutes from the beautiful beaches of Florida’s Gulf coast, golf courses, continuing educational opportunities, shopping and dining. Excellent selection of single-family residences offering 2, 3 and 4 bedrooms and designed to maximize Florida living.

Check out the very popular Palazzo model:

  • bedrooms
  • 2 full, 1 half baths
  • 2,191 sq ft

Valencia Lakes Palazzo Model – located at 5006 Stone Harbor Circle,Wimauma, FL 33598

Contact:  Dave Tipton, Broker For a 1% Cash Back Rebate at Closing on any Valencia Lakes Home

813-541-5427

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Zillow Really Isn’t Much Help

Why is my appraisal so much lower than I expected?

It has been my experience that although, Zillow and Redfin have slick websites and they make it easy for you to see how much your home is worth, they do more harm than good with inaccurate estimates.

Although appraisers are (mostly) human, their process is different from that of Zillow and Redfin. Those are what we call Automated Valuation Models (AVMs). The AVMs analyze much of the same data appraisers do then come up with an estimate of value. Sometimes they are astoundingly accurate, other times…not so much.

A word about the appraisal process, and how it differs from the AVM. An appraiser first describes the property in question, the “subject,” in a standardized way; gross living area, total square feet, room count, amenities, condition, upgrades, lot size, location and more. Next, he or she will identify other properties near the subject that have sold within the previous six months. These are called “comparable sales,” or “comps.” The appraiser will apply adjustments to the comps to make them equivalent to the subject. If a comp has 100 square feet more than the subject, for example, the appraiser will apply a per-square-foot factor, like $50 for example. In this example, the area difference of 100 square feet would mean an adjustment of $5,000 (100 x 50= 5,000). That number would be subtracted from the comp’s sale price, so if it had sold for $350,000, its adjusted price would be $345,000 if that were the only adjustment. The appraiser repeats the process for each of the comps, then calculates a weighted average to arrive at the estimate of value.        Continue reading

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Southshore Bay- New Home Community Wimauma, FL

Southshore Bay Community Coming Soon

SouthShore Bay is a Crystal Lagoons Community by MetroPlaces that is under construction Just East of I-75 on SR-674 in the Southshore neighborhood of Wimauma, FL.

MetroPlaces is the same group developing Epperson, the lagoon community in Wesley Chapel that will mark the first in the nation. The other two lagoon communities, Brightwater in Fort Meyers and Connected City in Pasco County are slated break ground soon as well.

Prices for a townhouse or a single-family home are estimated to start at $200s and over $500s. The number of homes to be built is estimated around 2500.

The concrete lagoons are surrounded by sandy beaches that can range anywhere from 7 to over 10 acres. The water is always crystal clear and drinkable due to a patented ultra-sonic filtration system. The water depths increase the further out you go, up to around 9 feet.

 Crystal Lagoons Corporate Video

Water activities prohibit anything motor-powered and everything man-powered such as peddle boats, kayaks, diving, paddle boards, snorkeling, trampolines, slides and more.

The SouthShore Bay construction site is located ½ mile east of intersection US-301 and SR-674, which has an Aldi’s grocery store, a Pubix anchored shopping center, a Walmart Supercenter and a Wawa as well.

The SouthShore Bay  community is just one of the nineteen Crystal Lagoon communities being built in Florida. These man-made beach front communities are trending upwards and being built all over the world.

More information will be forthcoming, stay tuned. 

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About David Tipton

David Tipton was raised in Tampa, FL and has been a Florida licensed real estate broker since 1986. There have been massive changes in the real estate industry during the past 30 years and Dave has those experiences under his belt, which thoroughly prepares him for what ever comes in the future. Dave has become an evangelist for the Tampa Active Adult Lifestyle and loves working with folks of the 55+ age bracket preparing to retire. With a BA degree from the University of South Florida in Tampa he is a Huge Bulls fan, but roots for all the Florida teams that aren't playing the Bulls.

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