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Small Homes In The LBI Real Estate Market
Why Buying a Small Home in the LBI Real Estate Market May be the Better Option
Going Small on Long Beach Island!There seems to be a trend developing in which home buyers are looking at smaller homes and condos on Long Beach Island NJ. As potential buyers are going small in the LBI NJ real estate market, that area of our market has begun to heat up! The LBI real estate market is full of smaller, more traditional Cape Cod style homes whose attractive price and amazing functionality have caught the eye of many buyers! There was an article recently published on how many home buyers are looking at smaller, more affordable homes rather than the larger, more expensive properties in which they cite a few key reasons as to why:
- Building or purchase cost reductions-Lower initial costs means lower costs down the road.
- Energy Efficiency-Less space to heat and cool
- Maintenance economy-Less to take care of!