Golden Oak homeowners have been cashing out as houses built at the beginning of the community are now being sold for millions in profits. While some houses have been taking a decrease in price, as we saw with this house that sold after the price was reduced by four million dollars, as the neighborhood has sold out selling prices have overall increased.
A neighborhood that dazzles all who enter, we have to wonder why people would want to leave, but with recent sale prices increasing and the majority of owners being part-time residents, sales have been increasing. According to GrowthSpotter, several homes have sold between 125-200% of what it was cost to build. Homes feature Disney touches that are customized by the owner and fit their lifestyle.
While living so close to Walt Disney World is many peoples dream, we can see many are cashing in that dream for a hefty profit. These homes have been selling quickly and at a high profit to those who purchased, without new homes available we can see why these properties don’t last long on the market. If you could, would you purchase a home at Golden Oak, and what would it take for you to sell it? Let us know in the comments below.