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Old 04-03-2021, 12:39 AM   #20
mswlogo
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It’s gonna vary all over the place just as properties do.

What’s the water quality?

Rocky bottom or sandy?

Sunset or SunRise?

Do you need to cross busy road to get to it?

Is there parking at water front spot?

How crowded is it? Is it next to 10 other limited access plots or bordering a nature preserve?

It could make the difference of $50K in one place and $500K in another.

We almost bought a gorgeous place on Merry Meeting Lake that was across a quiet private road. From your 20ft strip that went out to the water with your own dock.

Every house on the water had a 20ft strip between them for the lot across the road. I think most water front homes bought the lot across the street to keep it more private. Strange but interesting setup. The house across the street we looked at, gorgeous new home, was $800K or so. If it was on the water with $200ft it would have been $1.3million or more.

Also if it’s a shared beach setup that can be a lot cheaper. But the HOA fees can be a killer.
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