LBI Real Estate Market Appreciation vs DepreciationLong Beach Island Real EstateThere are a lot of questions in the financial world right now. Inflation is out of control, gas prices are
LBI New Construction
Dated: July 25 2021
Have you thought about what it takes to build a new home on Long Beach Island? Assuming you can locate a lot in the vicinity of 50' x 90' or so, that alone can be in the range of $5-800 k or more and it almost always depends on the location. Whether it's ocean front, ocean block, bay front, bay block or boulevard will determine price. Then, you'd need to locate a reputable builder and GC (general contractor) an sit with an architect to design your dream home all while making sure of all the zoning parameters will work with your construction. While in most markets, Real Estate new construction almost always will ensure a 15-30% profit by the time the home closes. There are many opportunities on LBI if this is the direction you want to pursue but a strong attention to detail on all levels is a must. Depending on the builder a home would most likely take 6-10 months to be ready for you to move in. You will need to consider this if you are selling an existing home because if it's contingent in buying your new home you want to make sure you home is staged and priced properly to get you the maximum amount. Please visit http://ownlbi.com and contact me to discuss selling your home and getting the most possible return and let's consult what your new construction home aspirations are!
Born and raised here in New Jersey ever since I was very young, I remember coming to Long Beach Island whether it was when my Dad and Mom taking me out on their boats around Barnegat Light, going to t....
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