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Things to consider in buying a waterfront vacation home

Things to consider when buying any waterfront vacation home. Is there a view? Views really do matter. An unobstructed Ocean view adds as much as 60% to the value of a home per the Journal of Real Estate Finance and Economics. Proximity to Golf courses or a park can add as much as 20% to a homes value. This is per an article by a much published author named Soren Anderson, a writer from Manchester College. Consider the recreational activities… The What and the When. For example in a Ski resort area, your options are limited due to weather considerations and the total amount of activities available is definitely less. *In the Keys and in most Florida Gulf or Atlantic communities, about the only thing you cannot do year round are mountain climbing and white water rafting. Nearby Medical and shopping options These are very important considerations. If there is an accident, how far away is a hospital? If you need groceries or restaurants, what is nearby? Oftentimes vacation properties can...
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Sugarloaf Key Real Estate Market The Sugarloaf Key real estate market is one that’s surprisingly accessible. Located in the Lower Keys, Sugarloaf Key is approximately three and a quarter hours to Miami but less than a half hour to Key West. It’s actually two communities, combined into one by a strange optical illusion. It’s home to Lower Sugarloaf Key and Upper Sugarloaf Key, due to its “U” shape. Once home to a variety of pineapple known as sugarloaf, today, it’s known simply for its natural beauty. And, the Sugarloaf Key real estate market also serves up some good news. Sugarloaf Key Real Estate Market The Sugarloaf Key real estate market is a vibrant one and for good reason. It’s one of the most desirable locations to live in on the Florida Keys. Upper Sugarloaf Key is sparse, so most residents are located in Lower Sugarloaf Key. Approximately 82 percent of its residents are homeowners and its a low crime area. Not unlike many of its peer islands in the Lower Fl...
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Starting Out On The Right Foot When Selling Your Home

It is vital to know the things you're doing when you sell real estate. There is a huge amount of market data available, thanks to the Internet. There are very few people, however, who can devote enormous amounts of time to sorting through the information. This article has compiled a few of the most important, practical suggestions for you. The cause is the asking price. You need to be realistic about the price you are advertising your home for. It needs to be one that is attractive to buyers, not just you. Creating realistic goals benefits both sellers and buyers when they make their entries into the real estate market. Buyers, for example, should clearly identify in their minds the price they are willing to pay, where they want to buy, and the features they desire in their purchase. Sellers, on the other hand, can establish limitations on what constitutes an acceptable offer. This allows them to hold out, and avoid low profitability. Auctioning homes isn't all that comm...
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