Welcome to the most comprehensive Beach Haven West real estate website. Here you can search for homes, learn about market trends and explore what makes Beach Haven West so unique. Enjoy!
The Beach Haven West real estate market has been undergoing a tremendous transition since Hurricane Sandy in 2012. Not since the area was originally developed has there been such a massive wave of reconstruction and redevelopment. While many of these renovation and construction projects are the end users, in other words current homeowners who are fixing or building their own home, there are a number of spec builds and renovations in the area as well. It is important to understand what to look for when buying a spec house in the Beach Haven West real estate market.
A spec house essentially is a ‘flipped’ house. An investor will purchase a property and renovate or rebuild the home with the intention of selling it. To be properly classified as a flip, the home must be owned less than one year. However in the case of new construction, it will most likely be a longer hold. When buying a spec house in the Beach Haven West real estate market there are a few things a buyer should look for to determine if the investment is a wise choice:
It is difficult for someone who does not have extensive construction experience to properly advise on the methods of construction that were used. Therefore, it is important to consult a real estate agent who does have such experience or a builder during the initial search to provide input in the overall quality of the home. Specifically important are the type and brand of windows, the type of framing used, the type of insulation used, the type of flooring, and the quality of the cosmetic appointments.
It is also crucial to examine the bulkhead. There are three types of bulkheads used in the Beach Haven West real estate market area and this can be a considerable expense in the course of homeownership. When buying a spec house is important to ensure that the bulkhead is in good condition and will not require immediate attention. Lastly, it is important to research the builder and the builder’s track record. This can be done by asking the builder for referrals but more importantly asking the builder to view past projects both inside and out. Any experienced builder in the Beach Haven West real estate market should have a plethora of past clients who are willing to show off their new home.
When considering buying a teardown in the Beach Haven West real estate market there are a few important points to consider.
Lot size and distance between the neighboring houses can have some dramatic impact on the style and size of a home that can be built. Lot sizes are fairly standard in Beach Haven West with many homes being situated 50×80 foot lot. This will typically allow for a home in the 2,000 to 2,200 sq foot range plus decking. There are larger lots as well which can accommodate larger homes When looking at lots, it is important to also consider the distance between neighboring houses and setbacks must be maintained which can limit the size of a home that can be built. The condition of the bulkhead is additionally important as older bulkheads may require replacement. This can be a substantial expense costing several hundred dollars per lineal foot which can easily deplete a substantial portion of the construction budget. Purchasing a home with a newer bulkhead, constructed of pressure-treated lumber or vinyl, may in fact save money in the long run. Lastly, the location is paramount. The distance to the Bay must be considered for nearly every home in the Beach Haven West real estate market as some homes have a considerable area to navigate to reach the open bay. In addition, there are two bridges in Beach Haven West that can limit navigation market.
Learn about buying and owning a rental property in the Beach Haven West real estate market.
Learn about the mortgage options available to buyers in the Beach Haven West real estate market.
Learn the basics of buying a home in the Beach Haven West real estate market.
C: 609.290.4293 | O: 609.492.1511 | E: email@example.com