What is the housing market like in Lake Drive Terrace today?
In February 2022, Lake Drive Terrace home prices were up 113.8% compared to last year, selling for a median price of $310K.
$237K
Sale Price
$188
Sale $/Sq. Ft.
Under List Price
1.1%
Days on Market
129
Down Payment
—
Total Homes Sold
1
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Schools in Lake Drive Terrace
Learn about schools in the Lake Drive Terrace area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Drive Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Drive Terrace.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Drive Terrace has a minor risk of flooding. 2 properties in Lake Drive Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Lake Drive Terrace. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Drive Terrace has a major risk of wildfire. There are 27 properties in Lake Drive Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Lake Drive Terrace.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Drive Terrace has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Drive Terrace is most at risk from hurricanes. 27 properties in Lake Drive Terrace have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 166 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 177 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Lake Drive Terrace has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lake Drive Terrace have an Extreme Heat Factor®.
Lake Drive Terrace is expected to see a 200% increase in the number of days over 108ºF over the next 30 years. Lake Drive Terrace is expected to experience 6