Understanding the Beach Haven West Real Estate Market and Determining What Makes a Good Deal
Beach Haven West Real Estate
The real estate market in Beach Haven West offers a variety of options for buyers and investors. Since Hurricane Sandy, there have been an abundance of vacant land sales and storm damaged homes that make way for impressive new construction. Likewise, there are fully renovated homes and magnificent new construction properties on the market for sale. There are even some condominiums and duplexes. With the Beach Haven West Real Estate Options listed above available to buyers, it can be difficult to what determines a good deal.
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 Real Estate Options
While there may never be such a thing as a perfect home, there are some important considerations that can determine the best option for a Beach Haven West real estate buyer:
- Location is key in the Beach Haven West real estate market
- The condition of the bulkhead can make or break a real estate transaction
- Understanding flood insurance is essential to determining your budget
There are several prime locations in the Beach Haven West real estate market. Proximity and ease of access to the open bay is paramount when looking for a home for sale. There are homes deep in Beach Haven West that can take a great deal of time to reach the open bay. While these homes are easier to access by car, the length of time needed to reach the open bay can be a deterrent for some buyers.
The condition of the bulkhead can be a significant expense and must be taken into consideration when negotiating sales price. Some of the original creosote bulkheads can be extremely expensive to replace. When a bulkhead fails, the land will begin to erode into the Lagoon adding to the expense. Understanding that condition and age of the bulkhead can go a long way in determining what is and what is not a deal.
The cost of flood insurance has become a hot topic in the Beach Haven West real estate market. There are many older homes which are not elevated above the base flood elevation and will therefore see a higher cost of flood insurance. The cost of insurance must be taken as it can, in some cases, be as expensive as property tax. A buyer must evaluate the entire cost of owning a property a mortgage payment, insurance costs, property taxes, and utilities. If the cost of insurance is too high, it can break a budget and create an uncomfortable situation for a homeowner.
Buying a Home in the Beach Haven West Real Estate Market
Purchasing a home in Beach Haven West is a major financial investment, however it can be an excellent opportunity if one understands Beach Haven West Real Estate Options. Evaluating the essential components of the Beach Haven West real estate market such as location, property condition, and the overall cost of ownership can greatly influence the success or failure of the real estate transaction. For more information about Beach Haven West Real Estate Options, contact the Beach Haven West Real Estate Group and we will be happy to answer any questions you have.
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