This specific address denotes a unique property located within the municipality of Winter Park, Florida. It signifies a particular location on Leland Circle Drive, distinguished by the number 109. Such precise designations are essential for postal services, navigation, property records, and legal documentation. They provide a fixed point of reference within a geographic area.
Accurate address information is fundamental to the efficient functioning of various societal systems. It allows for the delivery of goods and services, ensures effective emergency response, facilitates property transactions, and supports urban planning initiatives. Historical context for a specific address can often be found through city archives, property records, and historical societies, providing insights into the development and evolution of the area.
Understanding the significance of precise location identifiers allows for a deeper exploration of related topics such as property valuation, neighborhood demographics, and community resources. Further investigation might reveal details about the property’s history, its architectural style, and its role within the broader Winter Park community.
1. Location
Location is a defining characteristic of any property, and this holds true for 109 Leland Circle Drive in Winter Park, Florida. The address itself pinpoints a specific plot of land within the town’s geographical boundaries. This precise placement influences numerous factors, from property value to lifestyle considerations. Proximity to schools, parks, commercial centers, and transportation hubs directly impacts the desirability and market value of the property. For example, a location near highly-rated schools might attract families, while proximity to major roadways offers convenient commuting. The surrounding environment, including the presence of green spaces, bodies of water, or cultural attractions, further shapes the character of the location and its appeal to potential residents.
Furthermore, location plays a crucial role in determining access to municipal services. Properties within specific municipal boundaries benefit from services such as waste collection, water and sewer utilities, and emergency response provided by the local government. The quality and availability of these services can significantly influence property values and residents’ quality of life. Additionally, zoning regulations, determined by location within the municipality, dictate permitted land uses and building codes, shaping the development and character of the surrounding area. These regulations can impact everything from building heights and architectural styles to permitted commercial activities.
In summary, understanding the location of a property like 109 Leland Circle Drive requires considering its position within the broader urban fabric of Winter Park. This includes assessing proximity to amenities, accessibility to transportation, the quality of municipal services, and the influence of local zoning regulations. These factors collectively contribute to a comprehensive understanding of the property’s value, desirability, and its overall integration within the community.
2. Property Value
Property value, a crucial aspect of real estate, represents the monetary worth of a specific property at a given time. For a property like 109 Leland Circle Drive, Winter Park, this value reflects a complex interplay of factors. These include location within Winter Park, the property’s size and features, the condition of the structure, recent sales prices of comparable properties, and prevailing market trends. For instance, a renovated property with modern amenities situated near desirable amenities like parks or high-performing schools will likely command a higher value than a similar property in a less desirable location or requiring significant repairs. Analyzing property value requires considering both intrinsic characteristics, such as the quality of construction and the presence of desirable features like a pool or updated kitchen, and extrinsic factors like market conditions and neighborhood demographics.
Fluctuations in the real estate market, driven by economic conditions and local development initiatives, directly impact property values. An increase in demand, coupled with limited inventory, can drive prices upward, while economic downturns can lead to price decreases. Understanding these market dynamics is essential for accurately assessing the value of a property like 109 Leland Circle Drive. Real-life examples demonstrate this connection: if several similar properties in the same neighborhood recently sold for significantly higher prices, it suggests an upward trend, potentially increasing the value of 109 Leland Circle Drive. Conversely, a series of foreclosures or declining sales prices in the area could indicate a downward trend, negatively affecting the property’s value. Furthermore, local development projects, such as the construction of a new shopping center or the improvement of local infrastructure, can also influence property values, either positively or negatively, depending on their nature and impact on the surrounding area.
Accurately assessing property value is crucial for various purposes, including property transactions, tax assessments, and investment decisions. For a potential buyer or seller, understanding market value is essential for negotiating a fair price. For tax purposes, accurate valuations ensure equitable property tax assessments. From an investment perspective, understanding property value trends helps investors make informed decisions about buying, selling, or holding properties. Therefore, a thorough analysis of property value, considering both internal and external factors, is essential for anyone interested in understanding the financial implications associated with a property like 109 Leland Circle Drive, Winter Park.
3. Neighborhood Characteristics
Neighborhood characteristics significantly influence the desirability and value of any property, including a specific address like 109 Leland Circle Drive, Winter Park. These characteristics encompass a range of factors, from the physical environment and amenities to the socioeconomic demographics and community dynamics. For example, the presence of mature trees, well-maintained landscaping, and a cohesive architectural style can contribute to a neighborhood’s aesthetic appeal. Access to parks, recreational facilities, and convenient shopping centers enhances the quality of life for residents. Furthermore, factors like low crime rates, high-performing schools, and a strong sense of community contribute to a neighborhood’s overall desirability and can significantly impact property values. The interplay of these factors creates a unique neighborhood profile that directly affects the perception and market value of properties within its boundaries.
The socioeconomic composition of a neighborhood also plays a role in shaping its character. Household income levels, educational attainment, and occupational diversity contribute to the economic stability and social fabric of the area. A neighborhood with a diverse range of residents can foster a vibrant and dynamic community. For instance, a neighborhood with a mix of families, young professionals, and retirees can create a more balanced and inclusive environment. Analyzing these demographic factors provides valuable insights into the social and economic dynamics of a neighborhood and can help predict future trends and development patterns. Understanding these dynamics is crucial for assessing the long-term value and stability of a property like 109 Leland Circle Drive.
In summary, neighborhood characteristics provide a crucial context for understanding the value and desirability of a specific property. Analyzing these characteristics requires a comprehensive assessment of both the physical attributes and the socioeconomic dynamics of the area. Factors like the quality of local schools, the availability of amenities, crime rates, and the overall sense of community contribute to the overall perception and market value of properties within the neighborhood. This understanding is essential for homeowners, potential buyers, and investors seeking to make informed decisions about real estate transactions in a specific location like 109 Leland Circle Drive, Winter Park.
4. Municipal Services
Municipal services are integral to the functionality and livability of any residential address, including 109 Leland Circle Drive, Winter Park. These services, provided by the local government, encompass essential functions such as water and sewer utilities, waste management, road maintenance, and emergency services. The quality and reliability of these services directly impact the quality of life for residents and influence property values within the municipality. A well-maintained infrastructure, efficient waste removal, and reliable access to clean water are fundamental to a thriving community. For instance, a property located in an area with frequent water outages or unreliable trash collection would likely be considered less desirable than a comparable property in an area with consistently reliable municipal services. This direct correlation underscores the importance of municipal services in shaping the desirability and market value of properties like 109 Leland Circle Drive.
The provision of municipal services also plays a crucial role in ensuring public safety and community well-being. Effective law enforcement, fire protection, and emergency medical services are essential for protecting residents and maintaining a secure environment. Furthermore, the availability of public parks, libraries, and recreational facilities contributes to the overall quality of life and fosters a sense of community. These services are funded through local taxes, and the level of service provision can significantly impact property values. For example, a community with well-funded schools, well-maintained parks, and a responsive police force may experience higher property values compared to a community with underfunded public services. This connection between municipal services and property values highlights the economic significance of effective local governance and efficient service delivery.
In summary, municipal services are a fundamental component of any residential property’s value proposition. The reliability, quality, and scope of these services directly affect the quality of life for residents and influence property values within a municipality. Understanding the provision and performance of municipal services in a specific area, such as Winter Park, is crucial for assessing the overall desirability and potential investment value of a property like 109 Leland Circle Drive. Factors such as the efficiency of waste management, the reliability of water and sewer utilities, the effectiveness of public safety services, and the availability of community amenities all contribute to a comprehensive understanding of the property’s context within the broader municipal landscape. This understanding is essential for prospective buyers, homeowners, and investors seeking to make informed decisions about real estate transactions in Winter Park.
5. Market Trends
Market trends in real estate exert a considerable influence on individual property values, including those at a specific address like 109 Leland Circle Drive, Winter Park. Understanding these trends provides crucial context for assessing the current and potential future value of the property. These trends encompass a range of factors including supply and demand dynamics, economic indicators, interest rates, and local development activity.
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Supply and Demand
The balance between the number of properties available for sale and the number of potential buyers dictates market dynamics. High demand coupled with limited supply tends to drive prices upward, while an oversupply of properties relative to buyer demand can lead to price stagnation or decline. In Winter Park, an influx of new residents or limited new construction could create high demand, potentially increasing the value of existing properties like 109 Leland Circle Drive.
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Economic Indicators
Broader economic conditions, such as employment rates, inflation, and economic growth, significantly influence the real estate market. A strong local economy with high employment rates often fuels demand for housing, driving prices up. Conversely, economic downturns can lead to decreased demand and potentially lower property values. Monitoring economic indicators provides insight into potential market fluctuations affecting properties like 109 Leland Circle Drive.
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Interest Rates
Interest rates play a crucial role in affordability and buyer behavior. Lower interest rates make mortgages more accessible, potentially increasing buyer demand and driving up property values. Higher interest rates can dampen demand, making it more expensive to finance a home purchase and potentially leading to price adjustments. Changes in interest rates can significantly impact the affordability and desirability of properties like 109 Leland Circle Drive.
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Local Development Activity
Local development projects, such as new infrastructure, commercial developments, or community improvements, can influence property values in the surrounding area. A new park, improved transportation links, or the development of upscale retail spaces can increase the desirability of a neighborhood, potentially boosting property values. Conversely, undesirable developments can negatively impact property values. For 109 Leland Circle Drive, ongoing or planned developments in Winter Park are relevant considerations.
Analyzing these market trends provides a comprehensive understanding of the forces shaping property values in Winter Park and their potential impact on a specific property like 109 Leland Circle Drive. By considering these factors, potential buyers, sellers, and investors can make more informed decisions based on current market conditions and future projections.
6. Accessibility
Accessibility, concerning a specific property like 109 Leland Circle Drive, Winter Park, encompasses several key dimensions. These include proximity to transportation networks, ease of access for individuals with disabilities, and the availability of essential services and amenities within a reasonable distance. Accessibility significantly impacts property value and the overall quality of life for residents. A property easily accessible by major roadways, public transportation, and within close proximity to daily necessities like grocery stores, medical facilities, and schools tends to be more desirable. For example, convenient access to Interstate 4 or proximity to the SunRail commuter train system could significantly enhance the accessibility of 109 Leland Circle Drive, making it more attractive to potential residents. Conversely, a property located in a remote area with limited transportation options and distant amenities faces challenges regarding accessibility, potentially impacting its market value.
Furthermore, accessibility considerations extend to individuals with disabilities. Features like ramps, elevators, and accessible parking are essential for ensuring equal access and inclusivity. Compliance with accessibility standards, such as the Americans with Disabilities Act (ADA), is not only legally required in many cases but also contributes to a more inclusive and equitable community. For 109 Leland Circle Drive, the presence or absence of these features directly impacts its suitability for individuals with mobility challenges. Moreover, the accessibility of surrounding areas, including sidewalks, crosswalks, and public transportation, further contributes to the overall accessibility profile of the property. A property located in an area with well-maintained sidewalks, accessible public transit stops, and barrier-free access to local businesses offers greater convenience and independence for individuals with disabilities.
In summary, accessibility is a multifaceted aspect of property evaluation, encompassing transportation access, accessibility for individuals with disabilities, and proximity to essential services. For a property like 109 Leland Circle Drive, Winter Park, understanding these accessibility factors provides crucial insights into its desirability, market value, and suitability for various demographics. A comprehensive assessment of accessibility requires considering both the immediate surroundings of the property and the broader transportation and infrastructure network of the Winter Park community. This understanding enables informed decision-making for potential buyers, sellers, and investors, ensuring a property aligns with individual needs and preferences regarding accessibility.
7. Historical Context
Historical context provides crucial insights into the evolution and significance of a specific property like 109 Leland Circle Drive, Winter Park. Examining historical records, including property deeds, city directories, and historical society archives, can reveal past ownership, architectural changes, and significant events associated with the property and the surrounding neighborhood. This information adds depth to understanding the property’s present state and its place within the broader historical narrative of Winter Park. For example, discovering that the property was once owned by a prominent local figure or that it underwent significant renovations during a specific architectural period enriches its story and potentially influences its present-day value. Furthermore, understanding the historical development of the surrounding neighborhood, including past land use, demographic shifts, and economic transformations, provides valuable context for interpreting the property’s current characteristics.
The historical context also illuminates the forces that shaped the development and character of Winter Park itself. Researching the city’s founding, early growth, and key historical events provides a framework for understanding the evolution of the local real estate market, architectural styles, and community values. This broader historical perspective enhances understanding of the specific history associated with 109 Leland Circle Drive. For instance, learning about Winter Park’s origins as a resort town or its development as a center for arts and education sheds light on the factors that contributed to the city’s unique character and its appeal as a residential location. This understanding deepens appreciation for the property’s place within the larger community narrative.
In conclusion, exploring the historical context associated with 109 Leland Circle Drive offers a richer, more nuanced understanding of the property’s significance. This exploration goes beyond simply identifying past owners or architectural changes; it connects the property to the broader historical tapestry of Winter Park, revealing the layered history embedded within its walls and surroundings. This historical awareness adds value for current owners, potential buyers, and anyone interested in understanding the rich heritage of Winter Park and its unique residential properties. It provides a deeper connection to place, fostering a greater appreciation for the historical forces that shaped the present.
Frequently Asked Questions
This section addresses common inquiries regarding properties like 109 Leland Circle Drive, Winter Park, providing concise and informative responses.
Question 1: How is property value determined for specific addresses like 109 Leland Circle Drive?
Property valuation considers factors such as location, size, condition, comparable sales, and market trends. Professional appraisers analyze these elements to determine a property’s market value.
Question 2: What role do municipal services play regarding a property’s desirability?
Reliable municipal services, including water, sanitation, road maintenance, and emergency response, are essential for a functional and desirable community. These services directly impact property values and resident quality of life.
Question 3: How do market trends affect property investments in areas like Winter Park?
Market trends, influenced by factors like supply and demand, economic conditions, and interest rates, can significantly impact property values. Understanding these trends is crucial for making informed investment decisions.
Question 4: What accessibility considerations are relevant when evaluating a property?
Accessibility encompasses proximity to transportation, amenities, and services, as well as features for individuals with disabilities. These factors influence a property’s suitability for diverse needs.
Question 5: Why is historical context important when researching a property?
Historical context provides valuable insights into a property’s past, including previous owners, architectural changes, and neighborhood development, enriching understanding of its present state.
Question 6: Where can one find information about a property’s historical background?
Historical information can be found through various sources, including local historical societies, property records, city archives, and online databases.
Understanding these key aspects contributes to a comprehensive evaluation of properties within specific locations. Further research and consultation with real estate professionals are recommended for detailed property-specific information.
For those seeking further details about properties in Winter Park, consulting local real estate agents, property appraisers, and municipal offices is advisable.
Tips for Researching Properties Like 109 Leland Circle Drive, Winter Park
Thorough research is crucial when considering real estate investments or purchases. The following tips offer guidance for navigating the complexities of property analysis, using a location like 109 Leland Circle Drive, Winter Park as a representative example.
Tip 1: Utilize Comprehensive Online Resources: Explore reputable real estate websites like Zillow, Redfin, and Realtor.com to gather data on property values, recent sales, and market trends in Winter Park. These platforms offer valuable insights into current market conditions.
Tip 2: Consult Local Real Estate Professionals: Engage local real estate agents familiar with the Winter Park market. Their expertise provides valuable insights into neighborhood dynamics, property values, and market trends specific to the area.
Tip 3: Investigate Municipal Records: Access Winter Park municipal records for detailed information about zoning regulations, property taxes, and planned developments. This information clarifies potential restrictions or future impacts on property values.
Tip 4: Analyze Comparable Properties: Examine recent sales data for similar properties in the vicinity of 109 Leland Circle Drive. This comparative analysis provides a realistic benchmark for assessing property value and potential investment returns.
Tip 5: Consider Long-Term Community Development: Research long-term development plans for Winter Park. Understanding planned infrastructure projects, commercial developments, and community initiatives helps predict future property value trends.
Tip 6: Assess Accessibility and Amenities: Evaluate proximity to transportation networks, schools, parks, and essential services. Accessibility is a key factor influencing property desirability and resident quality of life.
Tip 7: Explore Historical Context: Research the history of 109 Leland Circle Drive and the surrounding neighborhood. Historical context provides insights into past ownership, architectural changes, and community evolution, adding depth to the property’s story.
By diligently applying these research tips, individuals gain a comprehensive understanding of properties within specific locales, facilitating informed decision-making in real estate transactions. This approach empowers both buyers and investors to navigate the complexities of the market effectively.
The subsequent conclusion synthesizes these insights to provide a holistic perspective on property analysis and its implications.
Conclusion
Analysis of a specific property, exemplified by 109 Leland Circle Drive, Winter Park, necessitates a multifaceted approach. Key factors include location within the broader community, prevailing market trends, accessibility to essential services and transportation, distinct neighborhood characteristics, and the property’s historical context. Each element contributes to a comprehensive understanding of a property’s value, desirability, and potential for investment. Thorough research, utilizing available resources and professional consultation, empowers informed decision-making regarding real estate transactions.
Understanding the intricate interplay of these factors provides a framework for evaluating properties within specific locales. This nuanced perspective fosters sound investment strategies and promotes sustainable community development. Further investigation and adaptation of these principles to individual circumstances remain crucial for navigating the dynamic nature of real estate markets.
