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Cheap Homes in Springvale, ME

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Living in Springvale, ME

Springvale, ME is a charming village in the town of Sanford, known for its welcoming community and access to beautiful outdoor activities. It provides a blend of tranquility and convenience, appealing to families and retirees. With nearby amenities and a variety of local events, Springvale is a great place to invest in real estate.

Current Market Conditions in Springvale, ME

The real estate market in Springvale is currently experiencing a gradual increase in property values, driven by the area's growing popularity and limited housing inventory. This trend presents a favorable opportunity for investors looking to acquire properties in the region.

Despite its quaint character, Springvale's proximity to Sanford's amenities and transportation options makes it an attractive location for those seeking affordable homes, further contributing to the area's steady appreciation in property values.

Home Value Estimator For Springvale, ME

There are currently 1,512 real estate properties in Springvale, ME, with a median automated valuation model (AVM) price of $358,862.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Springvale, ME, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Springvale, ME, is $376,969.00, with the most expensive house in Springvale, ME, topping out at $2,503,715.00 and the cheapest home in Springvale, ME, clocking in at $26,964.00. In other words, there’s something for every potential homebuyer or savvy investor in Springvale, ME!

Rent Prices In Springvale, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Springvale, ME, is on a rollercoaster ride. The average rent price in Springvale, ME, is $1,164.00. Indeed, when looking to rent in Springvale, ME, you can expect to pay as little as $730.00 or as much as $1,680.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Springvale, ME -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Springvale, ME


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