Three Reasons to Invest in a Home in the LBI NJ Real Estate Market
Click here to search all homes for sale in the Long Beach Island NJ real estate market
Three Reasons to Invest in a Home on Long Beach Island 
Three Reasons to Invest in a Home on Long Beach Island 
Three Reasons to Invest in a Home on Long Beach Island
Long Beach Island Real Estate
Buying a home in the Long Beach Island real estate market is no small undertaking, and it involves a lot of forethought and planning. That said, there are many upsides to owning a home in the LBI real estate market. While it is not for everyone, owning a beach house can offer some lucrative investment potential and family enjoyment. Here are my top three reasons to invest in a home on Long Beach Island:
- Real estate historically has proven to be a good investment.
- There are excellent opportunities in the LBI real estate market.
- Owning a home on Long Beach Island provides the ability to use and rent a home at the same time.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
Three Reasons to Invest in a Home on Long Beach Island
While real estate is subject to the usual ups and downs of the market cycle, homeownership has proven to be a stable and reliable investment. The reliability of the investment has proven to be the case on LBI time and time again. On average, homes appreciate about 3%-5% each year, and that appreciation can be even higher in some locations. There are some excellent opportunities in the LBI real estate sale market right now, especially in new construction. There is simply no better investment on Long Beach Island than building a new home. I handle this type of transaction often, and the equity position in the finished house is usually about 20%-30%. This is an immediate gain of several hundred thousand dollars or more in most cases. Lastly, owning a home on Long Beach Island can offer a unique blend of investment and personal use. A homeowner can rent out a house for the summer and potentially cover all or most of their expenses while at the same time enjoying some vacation time. While the vacation house is being used, these owners can also benefit from the market appreciation and the tax advantages that usually accompany homeownership.
Three Reasons to Invest in a Home in the LBI NJ Real Estate Market
Like any investment, owning real estate has the potential to lose value, and any financial move like this should be discussed with a financial planner, accountant, etc. That said, investing in the LBI real estate market has proven time and time again to be a smart move and one that has many advantages. I can provide examples of past projects to give you an idea of how an investment in the LBI real estate market works. If you have any questions about buying, selling or investing in the LBI real estate market, please do not hesitate to contact me.
By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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