8855 Cr 530, Mansfield
MLS® # 20272770
The city of Mansfield, Texas has seen a steady rate of growth in the real estate housing sector since the mid-1990s. Mansfield has experienced a consistent appreciation in value in real estate market as well. Except for the debacle in 2008 where all real estate markets gave back some value Mansfield Texas has continued to move forward in appreciation each year. The state of Texas in general has held its own in the economic downturn. Real Estate in Texas has led the pack for stability. Let’s take a look as to why.
Texas in general has always been a much more regulated state in the mortgage arena. That translated into the stabilization of real estate values due to the following:More Information
|All Listings||Under $100,000||$100,000 - $200,000|
|$200,000 - $300,000||$300,000 - $400,000||$400,000 - $500,000|
|$500,000 - $600,000||$600,000 - $700,000||$700,000 - $800,000|
|$800,000 - $900,000||$900,000 - $1,000,000||Over $1,000,000|
MLS® # 20272770
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MLS® # 20088352
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That regulation was one of the most significant factors on why Texas and more specifically Mansfield are where they are today. As people were turning their homes into credit lines nationally and running up significant debt the landscape in Texas would not allow this and real estate never artificially spiked.
They always say that the key to economic growth is land, work force and location. Mansfield Texas and the surrounding areas have all three. The cost of land, labor and real estate has always been well less than the national average. Factor that in with a state and cities that are located in a warm weather climate, near an ocean and have major business tax initiatives for the taking and you have a pretty successful recipe. The recipe translates itself into relocation and real estate sales.
With the issues of stabilization resolved Mansfield then focused the growth objectives of the city with quality infrastructure and school systems. The parks and recreation are outstanding and the infrastructure is new and modern. The majority of the real estate offerings have been built post 2000 so the home designs are newer and more streamlined into today’s homebuyer.
Mansfield and its governance are conservative in nature. The city council is very protective of the real estate market and is aware the fastest way to continue planned growth relies on this policy. The city is expected to double in size in the next fifteen years on current projections. Real Estate values are increasing at a pace of 3-4% a year. That sounds like not only a place to call home but an outstanding investment as well.
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Listing information last updated on May 30th, 2023 at 3:06pm CDT.