Wellington Equestrian Properties- Market Report August 2012
The Wellington real estate market is continuously turning into a sellers’ market in many price points. Now is certainly the time to buy your Wellington horse farm to enjoy the lower prices before season kicks into high gear come November. There are many benefits to moving your horse business here to Wellington Florida and one of those reasons is that Florida does not have state income tax and you can get agricultural exemptions on your acreage under many circumstances.
Currently there are a total of only 200 homes, ranches, farms, lots, condos and single family homes for sale in all of Wellington. This figure is for all listings, not just horse properties.
There are 44 Wellington properties for sale that have a barn or in some way considered to be equestrian properties.
The highest prices listing is a working farm, an income producing horse operation, an equestrian facility on 123 acres. It is listed at $32,000,000.
The lowest priced listing is a fixer upper for $580,000. This equestrian property has a 4 stall barn. This is the lowest priced property in Wellington for horses.
The next lowest priced horse property in Wellington is listed at $699,000. The one after that is $725,000. They keep going up after that.
These prices most often will be raised during the equestrian season and the WEF so if you want to have good negotiating power on a Wellington equestrian property now may just be the time to get down here to buy one.
Contact Nestor Gasset for exclusive equestrian buyer representation direct to his cell phone at 561-541-9936.