waterfront Cape Coral Real Estate: Take Advantage of the Sweet Waterfront Prices - A glut of waterfront properties with low prices may encourage you to buy a new place in an area where space might run out fast soon. Lisa Greenberg of FOX4 reports: Cape Coral Residents living on the water pay less of a premium compared to waterfront homeowners in other big cities, according to a recent study.   This means the difference in price between a non-waterfront home and a home on the water in Cape Coral is much less than in other areas, like Fort Myers, Naples, and Tampa.   If you're in the hunt for a waterfront home, you should set your sights on Cape Coral.   This is hot news for people wanting to settle in Cape Coral. The Lee County city thrives on water-based lifestyles and a vibrant cultural scene. Some people may say you’re not living the “Cape Coral life” if you’re not hitting the sand all lathered up in sunscreen. If you are on the hunt for some quality Cape Coral real estate, an agent like Mr. Kevin Page of Cape Coral Lots is your man on the ground. Consultations with the REALTOR® will help shape your preferences for a waterfront property that fits your budget. Greenberg quotes a source as saying that Cape Coral’s 400 miles of waterfront keep the prices down. This has resulted in a lower price difference between waterfront and inland properties in the city, which is just “slightly more than 80 percent.” It’s another story across the water in Fort Myers, where the variance between the… Continue Reading
cape coral waterfront The Timeless Value of Investing in Cape Coral Waterfront Real Estate - Spending a few days at a nice place near the coast is always a wonderful prospect. Now imagine owning that place and having access to it all year round. And now, imagine this scenario: You do not only own that nice place, but it’s earning money for you, too. Few would turn down such an opportunity, and many have found it in the form of waterfront lots.   Whether it’s near the ocean, lake, or even a river, waterfront properties have stayed as prime options throughout the years. Writing for NuWire Investor, Ryan Tomlinson listed down some of the main reasons that make these estates high-value investments: There are a myriad of motives why investors buy coastal real estate, but the main one is that they expect it to increase in value. Although there are market fluctuations and prices may go down from time to time, waterfront proprieties remain profitable investments. Aventure in landed propriety must be made with long-term increases in mind. Real estate can be let out on a short-term basis too. For instance, a chic beachfront condo may be leased annually, while a waterfront apartment can be rented as a seasonal vacation residence. Hence, the investor will obtain rental income from the property and he will also be able to spend relaxing holidays there. Turning a profit from waterfront real estate has everything to do with the location of the property. Being near the water, these places enjoy excellent climate for almost the whole year. The presence of lush flora is a common… Continue Reading
Waterfront Homes Study Finds Waterfront Residential Lots for Sale Have Doubled in Value - Compared to the exhaust smoke, noise, and rush of typical city life, the sight of clear water, tall trees, and unfiltered sunlight offered by a waterfront property is paradise. Waterfront residential lots for sale have always been near the top of real estate listings, and a recent study by Zillow.com has found that these homes have remained more valuable than their landlocked counterparts. An article from My San Antonio provided more details: What they found is that the value of waterfront is now twice as much as other homes. Two decades ago, waterfront properties were worth 64 percent more than others, today they are worth 116 percent more, according to Zillow.   "Using Zillow's database of more than 100 million homes nationwide, we have analyzed the single-family waterfront home market in the United States from 1996 to the present and have a developed a unique home value index for waterfront homes, nationally and the city-level." In addition, the study has uncovered that the least expensive waterfront homes in the United States can be found in the Florida and the Midwest. This spells good news for those looking to buy residential lots in sunny Florida where they can enjoy being close to the water without the crippling prices that other locations offer. Cape Coral, one of Florida’s gems, is a great example of the timeless attraction of waterfront properties. Its proximity to the beautiful Gulf of Mexico, combined with its lush forests and temperate climate, makes it the perfect setting for group or solitary outdoor activities such… Continue Reading
Real Estate Market Affordable Residential Cape Coral Lots for Sale Are Ripe for Picking - Southwest Florida’s economic recovery following the recession might have been slow, but it brings with it a hopeful real estate market. A news feature on the News-Press website posted last November 2, 2014 notes some of the more favorable aspects of the recuperating local realty industry. Of land transactions, the article discusses that previously, buyers could easily acquire distressed and over-leveraged land. Limited inventory for new housing and rising costs, however, are encouraging buyers to look beyond developed communities and into prospective, outlying areas: Now builders and developers are paying the true lot price, often in excess of $50,000, that will be passed on to the homebuyer. Therefore expect significant price increases for new homes from here on, which may steer price-sensitive buyers toward secondary, outlying markets such as Cape Coral, Lehigh Acres, North Fort Myers, Golden Gate in Collier County, and Charlotte County overall. Buyers may also seek existing resale homes if the price for a comparable new home becomes out of reach, but still encounter limited inventory of entry-level pricing in primary submarkets. Interestingly, Cape Coral was one of the outlying markets that the article listed. With prices dropping in the region to accommodate buyers on a limited budget, it is the perfect opportunity for you to browse through the numerous Cape Coral lots for sale. Well-informed brokers such as Cape Coral Lots should be able to walk buyers through the ins and outs of the local area, and which lots in a given area are the hottest. Even if there is no building… Continue Reading
CAPE CORAL House Hunting? 3 Reasons to Buy Cape Coral Real Estate Properties - So you’ve found another job or realized that apartment living is no longer right for you. If so, then you’re probably looking for a new house in Florida. While there are many locations to move to, why not consider buying a waterfront Cape Coral real estate property? After all, who wouldn’t want to have the beautiful Gulf Coast literally at their backyard? You can enjoy boating and fishing at practically any time given your home’s proximity to the water. Of course, this isn’t the only perk of living in Cape Coral you can enjoy. Here are three more you will definitely appreciate: No Personal Income Tax Yes, Florida is one of the states that do not collect personal income tax. In other words, when you get your pay check, you won’t have to split it with Uncle Sam. Furthermore, Florida has also repealed taxes on intangible assets like stocks, mutual funds, and bonds. As such, you can spend more of your money on the things you actually need and want. Great Weather Did you know that Cape Coral gets around 265 sunny days per year? Or that winter feels more like a lovely spring day? Indeed, this place is for people who want comfortable warmth and abundant sunshine for most of the year. Close to Nature Another benefit of living here is the close proximity to nature that Cape Coral offers. As this article from HomeAway.com noted: The "Ding" Darling National Wildlife Refuge is known all over the world for its incredible migratory bird populations. While… Continue Reading