Curious about 772 Hickory Drive, Melbourne, Florida Zillow price? You’re not alone! Whether you’re on the hunt for a dream home, a savvy investment, or just keeping tabs on the market, understanding property values in Melbourne, FL is crucial. This guide takes you through everything you need to know about this location, including market trends, neighborhood highlights, and expert real estate insights.

772 Hickory Drive, Melbourne, Florida Zillow Price: What’s the Buzz?

If you’ve been scrolling through Zillow, you might’ve come across 772 Hickory Drive, Melbourne, Florida. This property is catching eyes for a reason! Let’s break it down:

• Estimated Zillow Price: Zillow estimates can fluctuate based on market conditions, recent sales, and property upgrades.
• Market Trends: Melbourne, FL is a hot real estate market with steady appreciation.
• Neighborhood Appeal: From top-rated schools to beautiful parks, this area has it all.

How Does Zillow Determine Property Prices?

Zillow uses a proprietary algorithm that factors in:

1. Comparable Sales – Prices of recently sold homes nearby.
2. Property Features – Square footage, number of bedrooms, bathrooms, and upgrades.
3. Market Trends – The overall demand and supply in the area.
4. Public Records – Tax assessments and historical price changes.

772 Hickory Drive: More Than Just a Zillow Price

A property’s true value goes beyond the estimated Zillow price. Here’s why:

• Location Perks: Melbourne, FL boasts a fantastic blend of suburban charm and modern conveniences.
• Nearby Attractions: Easy access to beaches, shopping centers, and top employers.
• Future Growth: With ongoing developments, property values in this area are expected to rise.

Neighborhood Insights: Why Melbourne, FL is a Hot Market

1. Strong Property Appreciation

Melbourne has seen a consistent rise in property values over the past decade. Homeowners have enjoyed significant returns on their investments due to:

• A growing economy
• High demand for housing
• Expanding job opportunities

2. Top-Notch Schools

Families love Melbourne for its excellent school system. Nearby schools include:

• Longleaf Elementary School – Known for academic excellence.
• West Shore Junior/Senior High School – One of the highest-rated schools in the region.
• Florida Institute of Technology – A top-tier university right in town!

3. Lifestyle & Entertainment

Living near 772 Hickory Drive means enjoying:

• Beaches & Outdoor Activities – Less than 30 minutes from Florida’s stunning coastline.
• Shopping & Dining – Trendy cafes, fine dining, and local boutiques.
• Cultural Hotspots – Art galleries, theaters, and live music venues.

What’s the Real Investment Potential?

Short-Term vs. Long-Term Investment

Thinking of buying 772 Hickory Drive? Consider these:

• Short-Term: Great for rental income with Melbourne’s demand for quality housing.
• Long-Term: Appreciation rates suggest long-term value growth is promising.

Is Now the Right Time to Buy?

With interest rates fluctuating, it’s key to analyze:

• Current mortgage rates
• Melbourne’s housing inventory
• Comparable property prices

FAQs

1. What is the latest Zillow price for 772 Hickory Drive, Melbourne, Florida?

Zillow prices are updated frequently. Check the latest estimate directly on Zillow or consult a real estate agent for a more accurate valuation.

2. Is 772 Hickory Drive a good investment?

Absolutely! Melbourne’s market trends indicate a positive appreciation trajectory, making it a solid choice for buyers.

3. How can I finance a home purchase in Melbourne, FL?

You can explore options like conventional loans, FHA loans, VA loans, or even cash purchases depending on your financial situation.

4. What amenities are near 772 Hickory Drive?

You’ll find top-rated schools, shopping centers, parks, restaurants, and medical facilities—all within a short drive!

Final Thoughts: Should You Consider 772 Hickory Drive?

772 Hickory Drive, Melbourne, Florida Zillow price is just the starting point. Beyond the numbers, this property offers fantastic living conditions, investment potential, and an unbeatable location. Whether you’re looking for a family home or a lucrative real estate opportunity, this address checks all the right boxes.

Ready to make a move? Start by checking the latest Zillow updates or connecting with a trusted local real estate expert. Don’t miss out on this prime piece of Melbourne real estate!