In selling a residential property, the standard route is to tap the services of a professional such as a real estate broker. In the past few years, however, a significant number of owners who have placed their Cape Coral lots for sale did so without the help of an agent. This method is known in the industry as a “for sale by owner” (FSBO) transaction. The reasons for going FSBO can vary, but a common motive is saving money, since the previous owner won’t have to pay a commission for a successful deal.
“While real estate professionals prefer a slow-but-sure progress to ensure sustainability, the situation is by no means permanent. The report showed that the Cape Coral-Fort Myers area already had over a 100% spike in home appreciation in mid-February, since hitting the price bottom of $74,900 in November 2010. The city, which is one of 10 markets with the largest gains, has a new price peak of $151,500.
Now is, therefore, the time to search for Cape Coral real estate through a REALTOR® with extensive knowledge of waterfront properties, such as Kevin Page of Cape Coral Lots. When you’ve committed to waterfront living, consider the following.”
There is a certain beauty that can be found in living near a body of water: you’re surrounded by tranquility, and you have the calming sound of the crashing waves to lull you to sleep at night. If it has been your lifelong dream to live near the sea or the lake, why not take the plunge and look among lovely Cape Coral waterfront properties for sale?
It has been proven in studies that living near bodies of water, such as lakes, rivers, or oceans can actually have a positive effect on your health. According to research, it can make you feel relaxed and calm, and improve your general well-being, as compared to living in an urban neighborhood. With a serene and spectacular scenery to wake up to everyday and a heightened sense of privacy, waterfront properties hold a certain appeal among homebuyers looking for properties around Cape Coral.
Having a waterfront property provides easy access to water-based recreation, such as sailing and fishing, which would be great for sportsmen and water sports-loving families alike. Waterfront real estate has always been an attractive investment; according to the real estate site, Zillow.com, in the 90s, beachside lots were worth 69 percent more than their inland counterparts. Nowadays, that figure has jumped up to a whopping 119 percent.
With all of these potential advantages, people looking for good real estate should be checking out the available waterfront lots for sale in Cape Coral. If you want to buy a residential lot in the area, you will want to keep a few things in mind. First, consider where you want to build your home. Consider the neighborhood and the community services you will need should you decide to build a home on the lot. For example, if you have children, you will have to look at nearby schools, libraries, and hospitals.
When you’re buying or selling property lots in the Cape Coral area, getting help from experienced Cape Coral real estate agents like Kevin Page of Cape Coral Lots is one of your best option. You are treading on new ground and it’s always wise to have an honest expert to guide you along the way; in the end, you could save yourself some money with good advice and by avoiding costly mistakes. There are several advantages to having a real estate agent handle your real estate dealings.
Waterfront properties are generally priced higher, and their value is expected to continue rising. One reason for this is the limited supply—there aren’t a lot of this type of property, so the demand will always be greater.
Compared to other Florida cities, Cape Coral has more waterfront, and therefore has more to supply interested owners. This has made Cape Coral waterfront real estate prices more affordable than those in other areas, like Tampa and Fort Myers. Given the rapid growth and development in the community, however, more buyers are expected to come in, and with the increasing demand comes better value for property owners.
One of the challenges in buying a vacant lot however, is financing. It is generally easier to find a lender for home mortgages than one for land purchases. Financing for vacant lots is more readily available if you can show that you intend to build a home in the foreseeable future, than simply purchase one as an investment. Fortunately, you can rely on the services of real estate brokers like Cape Coral Lots, who can not only lead you to the ideal property, but also help in finding appropriate residential lot loans.
Whether you invest in a lot to build a home or as part of your long term portfolio, established brokers can assist in finding the property that will give you the best value for your money, and make your investment worthwhile.