A Basement in Your Ocean Acres Home...Can You Live With Out It?

132 CommodoreThree bedroom 2 bath single family homes in Manahawkin's Ocean Acres are listed anywhere between $150,000 and $299,000. There are 28 homes listed for sale in this section of Stafford Township within that range, only 8 have basements.  

Three bedroom 2 bath homes seem to be a popular home size for first time home buyers at the Jersey Shore. 

But, first time home buyers in Manahawkin should take note of the savings realized in homes without a basement.

The $150,000 to $299,000 price range is what homes are listed for.  Savvy buyers realize what counts is not what the Ocean Acres home is listed for, but what it sells for. That's what matters to buyers (and their appraisers) and sellers in Manahawkin.

Sale price tells it all! From the sales since January 1, 2012 it would appear that a basement will cost you about $30,000 in a 3 bedroom 2 bath home.

Statistics from the Jersey Shore Multiple Listing Service show four homes with 3 bedrooms, 2 bath sold since January 1, 2012 in Manahawkin's Ocean Acres. Only one of these home was a short sale. Even so, check it out.

Address                                                                         List $        BR BA         Sell $         Sell Date
1202 Treasure Ave (short sale) $184,900 3 2 $165,000 02/10/2012
112 Ahoy Rd $211,000 3 2 $201,500 02/07/2012
228 Stern Ave (basement) $245,000 3 2 $235,000 01/17/2012
165 Topside Rd (basement) $249,900 3 2 $232,500 01/31/2012




So if you can live without a basement you could save a significant amount on your 3 bedroom 2 bath home in the Ocean Acres section of Manahawkin.




 
  

     
 

8 Comments on Homes With A Basement in Ocean Acres...Can You Live Without It?

FEB
13
2012
113,637 Points 1 Featured Post Outside Blog Called Shot Master

I thought they were water front with a name like ocean acres...best wishes selling the active homes in your area!
7:03am • #1
1,481,596 Points 46 Featured Posts Outside Blog Called Shot Master

Good information for buyers. There are many buyers who prefer to buy a home with a basement .
7:05am • #2
1,548,405 Points 281 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Good morning, Laura.... we have several subdivisions in our area with homes built on a slab..... they are less money.... not everyone wants a full basement....everything sells.
7:28am • #3
561,513 Points 18 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Linda...The waterfront sections of Manahawkin are Beach Haven West, which includes East Point and Colony Lakes!

Gita-You're right, but as you know all basements are not created equal.

Barbara-It's interesting, after reading your comment I was thinking new home builders around here don't charge that much for a basement!
7:58am • #4
FEB
14
2012
686,156 Points 9 Featured Posts Outside Blog Hit Router Called Shot Master

A lot of people here do not care for basements because most of them (without proper maintenance) get the dreaded (M) word.  Of course if the maintenance had been maintained there would be no problem.. :~)
5:17am • #5
786,170 Points 16 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Laura, that $30K figure sounds about right even for around here.
9:36pm • #6
FEB
15
2012
406,183 Points 6 Featured Posts Localism Sponsor Outside Blog

Dear Laura,

You are so right the list price and actual sales price are rarely the same unless its a bargain. In Texas we don't have many homes with basements, the topography is not the best for basements.  I would love to have the extra storage in a basement!

Betina
11:50am • #7
FEB
16
2012
1,086,719 Points 75 Featured Posts Outside Blog Called Shot Master

Everything sells at a price...first timers have sooo much less baggage and need for storage...it can be great !
3:47pm • #8


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Laura Giannotta 'Your Realtor Down the Shore!' (Keller Williams Realty Atlantic Shore, NJ ) Rainmaker_large

Laura Giannotta 'Your Realtor Down the Shore!'

Little Egg Harbor, NJ

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Keller Williams Realty Atlantic Shore, NJ

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