Tuesday, February 10, 2009

Why People are Buying Homes in Lakeland?

  • No City Taxes! Lakeland is incorporated and can never be annexed into Memphis. No taxes means more money in your pocket and more purchasing power for you home.

*Head to Head Tax Savings in Lakeland for a $550,000 home over 30 years*

Lakeland vs Memphis: In Lakeland you save $132,840

Lakeland vs Germantown: In Lakeland you save $58,000

Lakeland vs Collierville: In Lakeland you save $48,000

Lakeland vs Bartlett: In Lakeland you save $49,000

  • Natural Beauty- The City of Lakeland is committed to preserving the natural terrain and picturesque scenery of it's land. There is a tree ordinance in place to keep Lakeland green and protect our trees. With all of it's walking trails, parks, lakes and ponds, and nature areas, Lakeland offers the Country Feel that we all love..with City conveniences just down the road. www.lakelandtn.gov

  • Return on Investment- Home prices are up over 42% since 2002. The average Lakeland home price in 2002 was $202,502, and last years average Lakeland home price in 2008 was $289,000. Source MAAR MLS.

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