Finding the right home can be a daunting task, especially if you’re a first-time homebuyer. The process can be overwhelming, with so many factors to consider such as budget, location, size, style, and more. With some preparation and the right approach, you can find the perfect property in Pace.
The Pace Lifestyle
Pace, Florida is a small town located in the northern part of Santa Rosa County. It is known for its friendly community, excellent schools, and outdoor recreation opportunities.
Pace has a relatively lower cost of living compared to other cities in Florida, making it an affordable place to live. The housing market is also very competitive with a wide range of homes available at different price points.
After years of rapid growth and flourishing property values, the Pace market has begun to cool off alongside the rest of the nation. Property values continue to rise steadily but Pace is on the cusp of being a buyer’s market. Based on homes sold in April 2023, the median sold price per sqft is $129 which is up 16% according to PAR MLS.
Pace has some of the best-rated public schools in the state of Florida, which makes it an ideal place for families with children. The schools have an excellent track record in academics, sports, and extracurricular activities.
Parents appreciate Pace High School for its scholastic rigor, Drama Club performances, and supportive community. Additionally, the school has received recognition for its high graduation rates and student achievement.
Proximity to Beaches
Pace is located within close proximity to some of Florida’s best beaches. The famous Pensacola Beach is just a short drive away, making it easy to enjoy the beautiful beaches and crystal-clear waters of the Gulf of Mexico.
Pace is home to several parks and recreational areas that offer residents a variety of outdoor activities. The area is perfect for hiking, biking, fishing, and camping. The Blackwater River State Forest is just a short drive away and is a popular destination for outdoor enthusiasts looking for a relaxing afternoon of tubing or kayaking.
5 Tips for Buying Property in Pace
With so many options available, finding the perfect property can feel overwhelming. Here are some tips to help you narrow down your search and find the home of your dreams.
1. Determine Your Budget
Before you start looking at properties, it’s important to know your budget. This will help you narrow down your search and ensure that you’re only looking at properties that you can afford. Take into account not only the purchase price, but also ongoing costs such as property taxes, homeowners insurance, and maintenance expenses.
2. Define Your Needs and Wants
Make a list of what you need in a home, as well as what you want. Your needs might include things like a certain number of bedrooms or bathrooms, a fenced yard for your dog, or proximity to good schools. Your wants might include things like a pool, a large yard, or a gourmet kitchen. By defining your needs and wants, you can prioritize what’s most important to you.
3. Research Neighborhoods
Once you’ve determined your budget and what you’re looking for in a home, it’s time to research neighborhoods. Pace has many great neighborhoods to choose from, each with its own unique character and amenities. Consider factors such as proximity to jobs, schools, parks, and shopping, as well as the overall feel of the neighborhood.
4. Work with a Local Realtor
Working with a local Realtor who is knowledgeable about the Pace real estate market can make your home search much easier. A good Realtor can help you narrow down your search based on your needs and wants, and can show you properties that you might not have found on your own. They can also provide valuable insights into the local market and help you negotiate the best deal possible.
5. Take Your Time
Buying a home is a major decision, so it’s important to take your time and not rush into anything. Be patient and keep an open mind as you search for your dream home. Remember, there’s no rush to buy – it’s better to take your time and find the perfect property than to rush into something that you’ll regret later.
By following these tips, you can find the perfect property in Pace, Florida. Whether you’re looking for a family home, a vacation property, or an investment property, there’s something for everyone in this beautiful community.
Partner with the Best Realtors in Town
At aDoor Real Estate, our expert agents are dedicated to helping you find the perfect property in Pace to fit your needs and lifestyle. From luxury homes to cozy family abodes, we have a wide range of options to choose from. Contact us today to start your search and let us help you make your dream a reality!