New Home Design Trends in the LBI Real Estate Market
Home Design Trends on Long Beach IslandBuilding a New Home on Long Beach Island
New construction can be one of the best investments one can make in the LBI real estate market. An expected return should be approximately 30% higher than the total project cost. These numbers create a very favorable environment for building a speculative investment for resale or for personal use and rental potential. When building a new home, it is important to keep in mind home design trends on Long Beach Island to make sure you have a marketable asset in the event you wish to sell or rent.
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Home Design Trends on Long Beach Island
There are a few core elements that prevail in almost every new construction on Long Beach Island. They are:
- Reversed living concept
- Open floor plan
- Multiple decks, including a roof deck
- Piling foundation with breakaway walls
Reversed living is a concept somewhat unique to Long Beach Island. In essence, the house is upside down with the majority of bedrooms being located on the first floor and living space being located on the top floor. The purpose for this layout, is to capitalize on the ocean in Bay views that exist for most homes in the LBI real estate market. While reversed living may not make sense in all cases, if you are buying a home in close proximity to the water, and open concept will allow you to have breathtaking views from almost every room in the house.
An open floor plan is expected in almost every new construction on LBI. An open floor plan allows for the communal living space, namely the living room, kitchen, and dining room to share one area of the home. This is highly conducive for entertaining and family enjoyment when living at the beach.
Multiple levels of decks should be found in most homes. Like the reverse living concept mentioned above, if a home is being built in close proximity to the water, large decks allow for beautiful views of the ocean, bay, or sunset on Long Beach Island. A rooftop deck, which is simply a deck on top of the house, allows for great views of the area and vistas of the beach or bay. While not entirely practical during the middle of the day, because they can be too hot to use, rooftop decks are a wonderful addition in the evening and morning.
Lastly, a piling foundation with breakaway walls allows for garage parking underneath the home, a lower cost of flood insurance and more secure home. Pilings are large posts that are driven into the ground and act as the foundation system for the home. They have proven to be highly effective in storms and can stave off damage.
New Construction in the LBI Real Estate Market
Investing in a home on Long Beach Island can have many positive impacts. The LBI real estate market has proven to be a stable investment for the long-term, and home prices have risen since Hurricane Sandy. Thanks to the major improvements made to Long Beach Island in the past couple of years, the LBI economy has been stronger than ever. For more information about home design trends on Long Beach Island or for information about building a new home in the LBI real estate market, contact me and I will respond right away!
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.BuyLBI.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market