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Best Investment Opportunities might be Remodels

Looking for the Best 30a Investment Opportunities? Remodel Opportunities on 30a

With inventory shrinking and buyers still searching, it might be time to find the “Diamond in the Rough” and remodel. Most of us like instant gratification and just want a “turn key” home but you might be overlooking the real hidden deals. Location is very important when purchasing here along Hwy 30a and there are opportunities to find some deals if you are willing to remodel. In the more popular, amenity rich neighborhoods such as Watercolor, Watersound and Rosemary Beach, there are an increasing amount of properties that are reaching the age of some minor obsolescence and in need of some updating; in other words, remodeling.  After the real estate market “crashed” back around 2005, property values here dropped by as much as 50 to 60 percent. This created tremendous opportunity to purchase a home or a lot at a great price with lots of economic upside. We now see that market in full recovery and as inventories continue to shrink, opportunities become more difficult to find. For the last few years, purchasing a lot and building has been a solid alternative to purchasing an existing product but lot prices have grown considerably as well and the material and labor costs to build are on the rise. It has never been more critical that a prospective home buyer seeking to invest in property here along 30A, find an experienced, seasoned real estate agent who understands the market here and has a deep knowledge of the available inventory.  There are limits to what a particular house is worth depending on the neighborhood and, more importantly, where in the neighborhood that house is located. A really good real estate agent has the ability to guide a buyer through this process and ensure that the decision is a sound one. Questions about builders, financing packages, inspections, the in’s and out’s of purchasing a “spec” house during construction, remodeling budgets, etc., are all very important aspects that need to be addressed.  Finding an agent that can lay out and analyze the trade-offs involved when trying to decide whether or not to purchase something that is move – in ready, purchasing something that is in need of an update or buying a lot and hiring a builder is extremely important.

Looking for Experienced 30a Real Estate Agents?

The best way to find the right agent is to speak with more than one before choosing one. Use the internet.  Ask lots of questions and don’t hesitate to ask friends or family members who might already own here. The sales staff at Homes On 30A is one of the most experienced anywhere in the entire panhandle of Florida with  combined total sales of  close to a billion dollars. This figure speaks for itself.

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