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Real Estate Prices & Overview

Sanctuary Estates Drive median real estate price is $340,219, which is less expensive than 66.5% of Florida neighborhoods and 54.8% of all U.S. neighborhoods.

The average rental price in Sanctuary Estates Drive is currently $2,445, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.9% of Florida neighborhoods.

Sanctuary Estates Drive is a rural neighborhood (based on population density) located in Cape Coral, Florida.

Sanctuary Estates Drive real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Sanctuary Estates Drive neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Sanctuary Estates Drive are 4.3%, which is lower than one will find in 71.5% of American neighborhoods. Demand for real estate in Sanctuary Estates Drive is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Cape Coral, the Sanctuary Estates Drive neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Sanctuary Estates Drive neighborhood. A whopping 88.3% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 98.6% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

People

Divorcees may find friendship and understanding in this neighborhood, as 21.1% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 96.9% of the neighborhoods in America.

In addition, the Sanctuary Estates Drive neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 5.6% of family-friendly neighborhoods in the state of Florida. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools.

Modes of Transportation

In the Sanctuary Estates Drive neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 28.8% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 96.2% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Occupations

There are more people living in the Sanctuary Estates Drive neighborhood employed as sales and service workers (61.6%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Diversity

Did you know that the Sanctuary Estates Drive neighborhood has more Cuban and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.1% of this neighborhood's residents have Cuban ancestry and 9.4% have Puerto Rican ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Sanctuary Estates Drive neighborhood in Cape Coral are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.4% of the neighborhoods in America. With 14.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.5% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Sanctuary Estates Drive neighborhood, 38.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.3%), and 11.8% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Sanctuary Estates Drive neighborhood is English, spoken by 77.2% of households. Other important languages spoken here include Spanish and Polish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Sanctuary Estates Drive neighborhood in Cape Coral, FL, residents most commonly identify their ethnicity or ancestry as German (17.8%). There are also a number of people of English ancestry (13.8%), and residents who report Puerto Rican roots (9.4%), and some of the residents are also of Cuban ancestry (9.1%), along with some Mexican ancestry residents (6.3%), among others. In addition, 13.4% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Sanctuary Estates Drive neighborhood spend between 30 and 45 minutes commuting one-way to work (52.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (71.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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