Understanding the LBI NJ Real Estate Market and Determining What Makes the Best House on Long Beach Island
The LBI NJ Real Estate Market
The real estate market on Long Beach Island New Jersey offers a wide variety of options for almost every buyer. There are timeshares available for under $100,000, condominiums available for $200,000 and single family homes ranging in price from $300,000 to $15,000,000! With so many options and locations, it begs the question, “What is the best house for sale in the LBI real estate market?” The answer may surprise you!
The Best House for Sale in the LBI Real Estate Market
The truth is, there is no such thing as the “best” house on Long Beach Island because what may define “perfect” to one buyer may not be “perfect” for another. There are a few important considerations that ultimately determine The Best House for Sale in the LBI Real Estate Market for an individual buyer.
- Location is key on Long Beach Island
- Size and layout of the home
- Price range and affordability in the LBI real estate market
The old adage, “location, location, location” is incredibly true on Long Beach Island New Jersey and the LBI real estate market. Apart from the obvious oceanfront, oceanblock, oceanside, bayside and bayfront locations, there are different yet important nuances between the different areas of LBI. Certain areas are more prone to flooding whereas other areas, that are naturally higher, will avoid this issue. Likewise, there are areas that are more residential (important if you are looking for quiet) and there are areas that are better rental areas (important if you are looking at buying in the LBI real estate market strictly as an investment).
The size and layout of the house is another key ingredient to determine The Best House for Sale in the LBI Real Estate Market. The largest house is not always the best! Since most buyers in the LBI real estate market purchase as a second home, a smaller home may be the best option. A smaller home requires less upkeep which can lead to more time on the beach! The layout of the house is yet another essential factor. Some prefer the open layout of a raised ranch or a contemporary home whereas others prefer the traditional charm and privacy of a Cape Cod home.
Before buying or selling in the LBI real estate market, one must understand the Long Beach Island real estate market as a whole. Being able to buy a house at the right number will ultimately influence The Best House for Sale in the LBI Real Estate Market. Even a well designed home in the perfect location falls short if it is purchased above the market. Sometimes, the most expensive house is not the best house as pricing is not an exact science and there are many homes for sale in the LBI real estate market that are overpriced. A buyer and seller must look at the real estate market as a whole and the comparable sales to make sure that the deal is truly…the best!
Buying in the LBI NJ Real Estate Market
In order to get The Best House for Sale in the LBI Real Estate Market, a buyer must first be clear of their needs and wants and then put that plan into action. This involves understanding the Long Beach Island area and the LBI real estate market. A buyer should look at many different areas and styles of homes to see what will work best for them. To get started in buying a house in the LBI NJ real estate market, please contact me, Nathan Colmer, and I will be happy to help!
Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | email@example.com