Albert Lee Ridge First Add
Homes for Sale in Winter Park, FL
True comps, carrying-cost math, and listings before the portals.
Price here is driven by condition and lot, not by size. The median home is a modest single-story of about 1,433 square feet at a median of $368,500, or roughly $234 per square foot. With original stock dating back to the mid-1950s, the spread between an updated house and one that needs work is wide, and that gap is where most of the negotiation happens.
The market posture is brisk but not frantic. A median 27 days on market tells you well-priced, presentable homes move inside a month. For sellers, that means condition and pricing discipline matter more than waiting for a bidding war. For buyers, it means you need financing lined up and a willingness to move on a house that shows well, because those don't sit.
The 60-Second Overview
Albert Lee Ridge First Add market snapshot (as of July 15, 2026): the median sale price is about $368K ($234 per sq ft over the trailing 12 months of closed sales), and a median 27 days on market for closed sales.
Albert Lee Ridge First Add is a community of 108 homes in Winter Park, Orange County, built between 1955 and 1999 (median 1956.0), with a median living area of about 1,433 square feet. 60% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Albert Lee Ridge First Add is a small, established pocket of Winter Park in Orange County — 108 homes built largely in the mid-1950s, with a median just over $368K. This is an older, mid-century enclave where the value case rests on bones and updates rather than square footage.
Who Albert Lee Ridge First Add is best for.
Best for
- Buyers targeting an established Winter Park location around the mid-$360s who value bones over square footage
- Renovation-minded buyers ready to budget for updates on mid-century stock
- Owner-occupants planning to hold, comfortable in a compact single-story home
Probably not for
- Buyers who need newer construction or large floor plans well above the median footprint
- Anyone wanting a fully turnkey home with zero deferred-maintenance risk
- Investors chasing high turnover, given the owner-heavy, tight-inventory profile here
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($368K) IS the median in the snapshot above.
Windows contain 0 to 4 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Albert Lee Ridge First Add buying strategy.
If we were buying in Albert Lee Ridge First Add today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Albert Lee Ridge First Add.
An older, owner-heavy pocket of Winter Park
The housing stock runs from 1955 to 1999, but the median build year of 1956 tells you the character is overwhelmingly mid-century. Expect compact floor plans near the median 1,433 square feet, the kind of homes where the right renovation can change the entire value proposition. Because the age band is real, buyers should budget for inspections around roof, systems, and any deferred maintenance rather than assuming turnkey.
Just under 60% of homes here are homesteaded, which points to a community held by owner-occupants rather than short-term investors. That tends to keep turnover measured and inventory tight, and it explains why a median 27 days on market is meaningful — this isn't a neighborhood churning through listings.
The location and the amenities are priced into every listing in Albert Lee Ridge First Add. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, older enclave like this, the number on the listing tells you almost nothing without a walk-through — the difference between an updated home and a project is the whole game. We price and negotiate against condition, not headline averages, and we'll tell you honestly when a home's median-adjacent price hides a renovation bill you should account for.
Albert Lee Ridge First Add in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Albert Lee Ridge First Add buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Albert Lee Ridge First Add sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Albert Lee Ridge First Add, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Albert Lee Ridge First Add home worth?
Get a no-obligation home value based on real comparable sales in Albert Lee Ridge First Add, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Albert Lee Ridge First Add?
How long do homes in Albert Lee Ridge First Add take to sell?
How many homes are in Albert Lee Ridge First Add?
What share of Albert Lee Ridge First Add is owner-occupied?
When were the homes in Albert Lee Ridge First Add built?
Do cash buyers compete in Albert Lee Ridge First Add?
Who is the best real estate agent for Albert Lee Ridge First Add?
How do I find a top Winter Park real estate agent who knows Albert Lee Ridge First Add?
Can Momentum Realty connect me with an agent for Albert Lee Ridge First Add?
Should you buy in Albert Lee Ridge First Add?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (7 streets, ZIP 32789)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2015 (21 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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