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
Cape Coral High on many top favorites lists Cape Coral Waterfront Real Estate Is One of the Most in Demand Today - Cape Coral Waterfront Real Estate Is One of the Most in Demand Today Ask someone what his dream home is, and chances are a piece of Cape Coral waterfront property might be one of his top choices. Having the most canals than any other city in the world, this area is a premier destination for current or future waterfront property owners looking for their new homes. Look at any business publication that contains lists of the top places to live, work and do business and you're likely to find Cape Coral in a lot of them.   Major publications such as Forbes, 24/7 Wall Street and others have had a love affair with the city over the past couple years, and that has continued as this week Cape Coral was named one of the top 50 places to live (No. 46) by 24/7 Wall Street as well as one of the fastest growing areas (No. 14), best places to retire and one of the places where the jobs will be by Forbes (No. 3), and best cities for future job growth (No. 6). Aside from nature’s beauty and tranquility that people experience from living in a waterfront house, what makes Cape Coral Waterfront Real Estate so attractive to potential property buyers today Neighborhood Safety Based on FBI reports, Cape Coral is still one of Florida’s safest cities. For 2013, it ranked second among the safest cities with a population of over 150,000 and first for safest against violent crime. This means there are significantly less risks on… Continue Reading
Cape Coral businesses support Bimini basin development Commercial Area Will Increase the Number of Residential Lots for Sale - Many people are mesmerized by the allure of a waterfront house, making Cape Coral a great place to get one. When talking about day to day living, however, every person also needs to have access to businesses and establishments that make all necessities conveniently available, such as food and drinking water, clothes, and home maintenance supplies. Add these and they will surely attract more people to reside in this city. City Manager John Szerlag already informed council of investing $50,000 to look into the possibility of a project. Nearby, Four Freedoms Park would act as an anchor for commercial development such as restaurants and shops.    "Obviously, we have two property owners that own the majority of property along the Bimini Basin," said Dana Brunett, the city's director of economic development. "You'd have to have a developer, the property owners and the city realistically come together … to accomplish this project." Brunett said the project would be an ideal commercial waterfront location, a selling point that draws crowds and one that has not been embraced as it should in a city like the Cape, with its miles of canals and waterfront. Increased commerce means higher revenues, and large revenues lead to reduced taxes. This in turn makes the cost of living lower. That’s another huge factor when people are browsing through listed residential lots for sale. With more people wanting to live in the city, companies will be developing more residential areas and when quality products or supplies are cheaper, the expenses of building a house… Continue Reading