Wesley Chapel, Florida’s great location just off of Interstate 75 within the Tampa Bay area is rivaled by few. The town has experienced rapid growth over the past 15 years, which has led to Pasco County being named the 38th fastest growing county in the United States. Though residents of the area enjoy large amounts of development and easy access to the many attractions that the Tampa area has to offer, Wesley Chapel offers the peaceful and low-key lifestyle found in many rural areas while avoiding extreme isolation from major urban areas and the fun and exciting amenities found within. Close proximity to Interstate 75 and Interstate 275 provide easy access to Downtown Tampa and Tampa International Airport, which makes Wesley Chapel a wonderful option for any potential homebuyer!
Building Blocks
In the past 15 years, Wesley Chapel has seen an impressive amount of development within the area. Two major shopping centers, the Shops at Wiregrass and the Grove, were built to accommodate for the steadily increasing population. The Grove features the “Cinebistro,” an upscale movie theatre that features a full-service restaurant and cocktail bar. Cypress Creek Town Center, part of the Tampa Premium Outlets chain of shopping centers, is planned to open in October 2015, bringing the total amount of major shopping centers in Wesley Chapel to three. Two new public schools — Dr. Long John Middle School and Wiregrass High School – were also constructed to provide quality education for the rising population of students. The Florida Hospital of Wesley Chapel opened in 2012 to provide around-the-clock medical care for residents of the Wesley Chapel area. Various land and road improvements are underway or have been completed to adjust for the increase in population, which in turn led to an increase in local business. The huge variety of development currently occurring in Wesley Chapel makes the area ideal for real estate investment as increasing demand for real estate in the area causes housing prices to rise.
Tremendous Housing Variety
A variety of gorgeous homes comprises the green fields of Wesley Chapel, which are available at prices lower than the Florida average. Combined with a median household income 56% higher than the state average, housing quickly becomes more affordable in the census-designated place (CDP) known as Wesley Chapel – especially when compared to expensive areas of Florida, such as Miami or West Palm Beach. Real estate Wesley Chapel is available for as low as $102,500, though most homes for sale range in price from $150,000 to $400,000, though more luxurious options are available and range from $415,500 to $674,400. For those who aren’t quite ready to buy a home, many homes are available for lease. Rental homes start at $890 per month but can cost as much as $4,000 for more elegant homes. Townhouses and villas are also popular options in Wesley Chapel. Townhouses for sale in the area range from $60,000 to $425,000, though most townhouse prices hover in the $85,000 to $200,000 price range. Wesley Chapel villas start at $108,000 and currently top out at around $250,000.
If you are interested in more information on real estate Wesley Chapel, please contact Rose & Joe LoCicero at (813) 435-5411 or start your home search now.