Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Oviedo,
the Old Lockwood Rd / Fawn Run neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
A majority of the adults in the Old Lockwood Rd / Fawn Run neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for Florida by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 99.2%
of the neighborhoods in Florida.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for families with school-aged children and college students.
In addition, an extraordinary 24.1% of the residents of the
Old Lockwood Rd / Fawn Run neighborhood are currently enrolled in college. This is
such a large part of life in this neighborhood that the neighborhood changes
a great deal with the change of semesters and is far quieter during
the summer when many students are away.
Notable & Unique: Diversity
Did you know that the Old Lockwood Rd / Fawn Run neighborhood has more
Austrian and Slovak ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.5% of
this neighborhood's residents have Austrian ancestry and 2.2% have Slovak ancestry.
Old Lockwood Rd / Fawn Run is also pretty special linguistically. Significantly, 3.3% of its residents five years old and above primarily
speak German at home. While this may seem like a small percentage, it is higher
than 99.3% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
While most Americans do drive to work alone each day, the
Old Lockwood Rd / Fawn Run neighborhood stands out by having 93.7% of commuters
doing so, which is a higher proportion of people driving alone to work
than NeighborhoodScout found in 95.6% of all American
Notable & Unique: Real Estate
In addition, one way that the Old Lockwood Rd / Fawn Run neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.6% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.8% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Old Lockwood Rd / Fawn Run neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.