Lubbock, Texas is a fantastic city of 200,000 residents and they are always willing to expand that number with someone new. But, before you call the moving van and get out of your current Toronto real estate for sale, you need to do your research to find the perfect new home here in Lubbock. One of the best ways to do that is to check out the market conditions and statistics for recent home listings and sales for not only the city as a whole, but for your favorite neighborhoods. Here is a short guide to the prices and types of real estate you are likely to find when looking for your home here.

Lubbock has some of the most affordable prices on real estate in the country for a city of its size. The average listing price for a home is currently just over $200,000 and the median sales price is an extremely low $76,000. When comparing Rosedale homes to Florida real estate, these numbers are quite reasonable for anyone looking for their first homes, to those looking for investment properties. The average price per square foot is $53, meaning that a one bedroom comes at around $113,000 and a home with four or more bedrooms starts at a little over $300,000.

Geographically, there is no one quadrant of the city that is more expensive than the others. There are no bodies of water or major attractions in nature to make one section stand out from the others. But, there are definitely some areas of the city with homes in higher price brackets and those that are more affordable. If you're looking from somewhere as far away as a Mississauga condo, it's a good idea to know where these areas are before you start looking at specific homes. It might help to narrow down your search.

Something comparable to luxury homes Toronto can be found in the south of the city in Kings Park or closer to the center of the city in the Coronado Area. Homes here are listed at an average of $400,000 to $500,000. Regal Park and North Overton also have some of the larger estates in Lubbock. Preston Smith and Bayless Atkins are the most popular areas of the city in recent home sales and are both on the more affordable side of things. If you have someone in your home who's an equestrian, London Ontario based or from elsewhere, they might enjoy the space offered by Preston Smith, which is in the outskirts of the city to the south.

In terms of home styles, you are likely to find examples of everything from standalone family homes to modern condominiums in Lubbock. Come and explore the city and you are sure to find a house that is perfect for you.




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