Searching Homes For Sale in the Beach Haven West Real Estate Market
Beach Haven West Real Estate
When searching Beach Haven West properties for sale it is important to have an understanding of the current real estate market and the prevailing trends. There are a number of different homes for sale and price points in the Beach Haven West real estate market so searching for homes will generally present a buyer with a wide range of options. Below is some helpful information when searching Beach Haven West properties for sale.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.beachhavenwestrealestate.com | www.BuyLBI.com
Click here to search all homes for sale in Beach Haven West
Beach Haven West Properties For Sale
There are three primary home options available in the Beach Haven West real estate market. They are:
- Single family homes
- Storm damaged homes and vacant land
- Duplexes or multi-family homes
By far, single-family homes comprise the majority of the Beach Haven West real estate market. Many of the original homes in Beach Haven West are comprised of single-story ranches or Cape Cods. In the aftermath of Hurricane Sandy and revisions to the national flood insurance program, some of these original homes are at a greater risk of flooding and therefore will have a higher flood insurance costs. It is important to understand flood insurance when searching for any single family home as the cost of insurance can greatly impact the real estate transaction. More recently, there has been a wave of new construction and renovation taking place in the Beach Haven West real estate market. There are a substantial number of new construction properties which are both storm ready and offer affordable flood insurance rates. There are also a number original homes that have been raised above the base flood elevation and renovated in the aftermath of Hurricane Sandy.
Storm damaged homes can be grouped with vacant land as most likely these properties will be sold as building sites. Building a new home in the Beach Haven West real estate market can offer significant advantages and can create instant equity in a property. It is important to understand how lot size as well as the location of the Beach Haven West building site can influence the price.
While not as common as single-family homes, there are a few duplex properties for sale in Beach Haven West. These multifamily homes offer two or more independent apartments on the same line. This can be an excellent opportunity to purchase a home and generate instant rental income.
Buying a Home in the Beach Haven West Real Estate Market
Buying a home is a major financial investment and is important to understand all aspects of the real estate transaction. In the wake of Hurricane Sandy, there are a number of new rules and regulations they can impact the value of a home in the Beach Haven West real estate market. For more information about Beach Haven West properties for sale, flood insurance, or building a new home, contact the Beach Haven West Real Estate Group and we will respond right away.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.beachhavenwestrealestate.com | www.BuyLBI.com
Click here to search all homes for sale in Beach Haven West