This blog is for educational purposes only, not an offer of credit or advertisement for current loan terms. It does not provide legal advice. Refer to our loan web pages or consult professional advisors for specific information.
Ask MIDFLORIDA: Is Davenport, Florida, A Good Place to Move To?
With more and more people looking to move to the Sunshine State, many clients have asked us if Davenport, Florida, is a good place to move to.
We understand the interest. Local Floridians know that Davenport is a charming city located in Polk County and has long been considered by many to be a desirable place to live.
With its proximity to Orlando, excellent amenities, and community-oriented lifestyle, it's no wonder that more people are considering making Davenport their new home.
But how can you tell if Davenport, Florida, is a good place to move?
In this article, we will look at the different benefits of living in Davenport, Florida, and provide information on how to secure a mortgage with MIDFLORIDA to make your move a reality.
Start your application with MIDFLORIDA Credit Union.
Why move to Davenport, Florida?
There are several great reasons to move to Davenport, Florida. Let’s look at some of the most popular.
Strategic location
One of Davenport's most significant advantages is its strategic location. Located southwest of Orlando, Davenport residents can easily visit attractions like Walt Disney World Resort, Universal Studios, and SeaWorld within a short drive.
Living in Davenport means you can enjoy the excitement of Orlando—without the hustle and bustle of a major city.
Affordable housing
Davenport has affordable housing compared to nearby areas like Orlando and Tampa.
Housing options include single-family homes, condos, and townhouses.
The median home price in Davenport is around $360,000 , which is lower than in many other parts of Florida, like Orlando ($400,000) or Tampa ($411,000) .
Davenport is a great choice for first-time homebuyers and anyone looking for good value.
Family-friendly environment
Davenport offers a welcoming environment for families, with plenty of playgrounds, parks, and recreational activities for both children and adults.
The city’s strong sense of community is one of its most appealing features, with various events, clubs, and organizations that foster connection and engagement among residents.
The Polk County School District,serves local schools, further enhancing Davenport's appeal as a comfortable and inviting place to live.
Natural beauty and outdoor activities
Davenport is perfect for outdoor lovers, with plenty of lakes, parks, and nature reserves for hiking, fishing, and boating.
Lake Davenport and Lake Tohopekaliga are popular spots for water-based activities nearby. The city's mild climate means you can enjoy the outdoors all year round.
Economic growth and job opportunities
Davenport is growing economically, and new businesses and developments keep emerging. As a result, more job opportunities exist in areas such as tourism, retail, healthcare, and education.
The city's economic development efforts aim to attract more businesses, create even more jobs, and make Davenport an appealing place for professionals.
What are the entertainment options in Davenport?
Davenport offers various entertainment options catering to different tastes and lifestyles.
Davenport has a growing number of local entertainment venues. Its proximity to Orlando means residents can easily access world-class theme parks and attractions.
Local dining and shopping
Davenport boasts an array of dining options, from casual eateries to more upscale restaurants, offering a variety of cuisines.
The city also has several shopping centers and boutique shops, providing residents easy access to everyday essentials and unique finds.
Golf courses and resorts
Golf enthusiasts will appreciate Davenport’s nearby high-quality golf courses and resorts, including the renowned Champions Gate Golf Club.
These facilities offer exceptional golfing experiences and feature additional amenities such as spas, restaurants, and fitness centers, making them attractive destinations for relaxation and recreation.
Real estate market trends and future growth
Davenport's housing market has steadily grown in recent years, making it an attractive option for both living and long-term investment.
The city's proximity to Orlando and other major attractions has increased the demand for housing, causing property values to rise gradually.
As more people discover the charm and affordability of Davenport, the local real estate market is expected to continue growing—making Davenport an ideal location for those looking to invest in a home that could increase in value over time.
Whether you plan to live in your home for years or eventually sell it, buying property in Davenport offers potential for future financial gains.
How to get a mortgage in Davenport
Securing your mortgage is the most important step in making your move to Davenport a reality.
MIDFLORIDA offers a range of mortgage options tailored to meet your needs. Here’s how you can get started.
Assess your financial situation
Before applying for a mortgage, carefully reviewing your financial situation is essential.
Examine your credit score, calculate your debt-to-income ratio, and figure out a realistic home purchase budget.
By understanding your financial standing, you can look for a mortgage product best suited to your needs.
Gather necessary documents
Prepare the documents required for your mortgage application.
Typically, you’ll need to show proof of income—pay stubs and tax returns, which are commonly requested, as well as bank statements and identification.
Having these documents ready will streamline the application process and speed up approval.
Explore mortgage options
MIDFLORIDA offers various mortgage products, including fixed-rate and adjustable-rate mortgages.
Each has advantages, so choosing the one that best aligns with your financial goals and circumstances is essential.
A fixed-rate mortgage offers stability with consistent monthly payments, while an adjustable-rate mortgage might start with lower rates but can fluctuate over time.
Get pre-approved
Securing pre-approval for a mortgage can provide a significant advantage when searching for a home.
Your MIDFLORIDA pre-approval letter lets sellers know you're a serious buyer and have the finances to complete the sale.
Work with a mortgage specialist
Consult with a mortgage specialist at MIDFLORIDA who can guide you through the process.
Our mortgage professionals will help you understand the different types of mortgages and help you decide which is best for your specific financial situation.
Start your application with MIDFLORIDA
Is Davenport, Florida, a good place to move to? The bottom line is that Davenport has plenty of opportunities, home options, and amenities that cater to a wide variety of homeowners.
With its strategic location near Orlando, family-friendly environment, natural beauty, and growing job market, Davenport has something for everyone.
Whether you’re a first-time homebuyer or looking to relocate, Davenport provides a welcoming and vibrant place to call home.
Start your application with MIDFLORIDA and begin your homeownership journey today.
