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Real Estate Market Condition in Killearn Acres

Killearn Acres is 900 acreage of well-established neighborhood in Northeast Tallahassee, Florida, which is in proximity to shopping malls, restaurants, a library, medical facilities, churches and excellent schools. In Killearn Acres, the number of family homes are 1,465, of which 20 are still vacant, and lot sizes range from 0.22 acre to just over an acre.

Killearn Acres is popularly known as Tallahassee’s Kentucky Derby community and this can be gleaned from their streets which are named after Kentucky Derby horse racetrack winners. With the first few houses, which were built in Killearn Acres in the late 1970, materials used were wood, brick, stone, vinyl siding and Hardie board. Even up to now, evidences of houses which belonged to an earlier era are still found in Killearn Acres.

The common home set up in Killearn Acres is a 3-bedroom, 2-bathroom structure with nearly all having a fireplace, a storage shed, 1 or 2 car garage and around 6% have a backyard pool. In Killearn Acres, because of its vast land property, two existing parks have been built, exclusively for the enjoyment and recreation of its residents and guests, and these are: the Pimlico Park, which has a pond for boating and fishing and portion of land for a baseball games, and the Man-o-War Park which is basically designed for young children with its colorful climbing play equipment.
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The homeowners association in Killearn Acres actively works hard to maintain order, safety and protection in the neighborhood, as well as the Acres’ overall beautification and value. Among its hectic functions, the homeowners association has created a website, known to be the most informative in Tallahassee, which provides local news, weather, as well as community events, documents, and even minutes of board meetings. Even if Killearn Acres is located outside the city, the City of Tallahassee still took it upon them to supply water and electricity to the residents of Killearn Acres, except for public sewers, of which the homeowners took the responsibility of maintaining their own septic tanks in exchange for lower utility bills.
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Homeowners, buyers, and investors are confident and comfortable about living in Killearn Acres not only because of its well-established neighborhood, but also because of its proximity to the following service amenities in Killearn Acres, such as three schools – elementary, middle, a senior high school, a pharmacy, supermarket and shopping mall, specialty stores, restaurants, medical facilities, and many more, and one solid proof of why people love to live there is that there are stable-income families who have been renting homes in Killearn Acres for years.

There are about five existing trails, which can be navigated into Killearn Acres, and some of which can wind up around nearby lakes, parks, but access into and out of the area is limited. The vast expanse of Killearn Acres is in itself its greatest asset and attraction, that’s why if you visit the area, you may not want to leave or you may not be able to leave without a GPS.

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