Madeira Market Information
Located just twelve miles from downtown Cincinnati, Madeira offers the appeal of the suburbs with the convenience of the city. Predominantly made up of office professionals, residents also include a large number of artists and designers, who help maintain the community’s character and charm.
Madeira was ranked one of Ohio Magazine’s “Best Hometowns” for 2014-2015. Contributing to its appeal is its city parks, public school system, and city services, providing leaf/brush pickup and snow removal.
Madeira maintains three parks, including the Neile V. Hosbrook Bird Sanctuary. The parks provide access to baseball fields, soccer fields, tennis courts, playgrounds, and hiking trails. During the summer months, locals and visitors enjoy Concerts in the Park and Shakespeare in the Park.
A family oriented community, Madeira residents pride themselves on the city’s schools, which consistently earns a rating of “Excellent” on Ohio’s annual report card and Madeira High School is a National Blue Ribbon School.
While 90% of the city is zoned residential, dozens of local and national chain restaurants and specialty stores provide shopping without leaving Madeira. For more variety, the Kenwood Towne Center is five minutes away. The proximity to I-71 provides easy access to downtown Cincinnati and other regional shopping areas as well.
Development in the city is controlled to preserve the quiet community atmosphere. Home styles in Madeira vary, including Contemporary, Cape Cod, Ranch, and Colonial, with home values from sub $100,000 to over $800,000. The average home price is around $250,000.
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About Home Valuations
Many popular real estate sites use Automated Valuation Models (AVM) to estimate the price of your home. These models use historical statistics based upon similar homes to determine a price range. Just because two homes may be in the same neighborhood, have the same number of bedrooms, and be the same size does not mean that the prices of the homes will be similar. Many factors go into pricing a home, including the property's condition (both inside AND out), lot characteristics, latest market conditions, amenities, and even intangible factors. Having a real estate professional evaluate your property is the best way to receive the most accurate estimate of your home's value. To receive an estimate for your home, fill out the form above to receive a free, no obligation Comparative Market Analysis (CMA).
Keep in mind that your home is one of the most valuable assets you own. Even if you are not considering the sale of your property, a CMA is a great way to understand the equity you have accumulated in your home, which can be useful for financial planning.