A Basement in Your Ocean Acres Home...Can You Live With Out It?
Three 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)
|112 Ahoy Rd
|228 Stern Ave (basement)
|165 Topside Rd (basement)
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.