Davie. Bought around 565k in 2016 and would prob grab just short of 1 mill now. It was stagnant in my neighborhood the first 4 years but has taken off the last 2. I have relatives that bought in Jupiter and have literally doubled their values in the last 24 months. My mother lives just south of downtown Orlando. She bought a tiny 3 bedroom for 150 in 2011. Same property is worth 420k now. Other states haven’t seen the same appreciation. Was visiting with family from Wichita Kansas this weekend. They have a 5 bedroom house that hasn’t appreciated one nickel in the last few years. Worth about 275k. So there are definitely moves to be made if you’re willing to leave the state.
Where are you in Broward Spear? We bought our first (and what was presumably our last) condominium in Lauderdale by the Sea in April of 2019….it has increased in value over $300,000 in three short years (Zillow estimate and comps in the building) not even accounting for our capital improvements when we bought. The HUGE question is “Where do we go?” We are in walking distance of dozens of restaurants, bars, and other amenities…I’m not sure we could improve our position even with the capital gains. I think we‘re staying put….although traffic here in the season…no bueno. No van though….yuck.