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 Tarpon Springs,
the Ranch Rd / Keystone Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Ranch Rd / Keystone Rd neighborhood has more
Greek and South American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 5.2% of
this neighborhood's residents have Greek ancestry and 5.1% have South American ancestry.
Ranch Rd / Keystone Rd is also pretty special linguistically. Significantly, 5.8% of its residents five years old and above primarily
speak Greek at home. While this may seem like a small percentage, it is higher
than 99.9% of the neighborhoods in America.
Notable & Unique: People
A majority of the adults in the Ranch Rd / Keystone Rd 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 urban sophisticates.
Notable & Unique: Real Estate
In addition, one way that the Ranch Rd / Keystone Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.4% 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, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Ranch Rd / Keystone Rd neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.3% of all American neighborhoods.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Ranch Rd / Keystone Rd stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 91.8% of the residential real estate here was built in this one time period.
Finally, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 1.1% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Ranch Rd / Keystone Rd 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.