Palos Verdes Coastline View Homes and appreciation rates relative to other Palos Verdes view homes
On the short list of all Palos Verdes Coastline View homes, this home I'm bringing to market in just a couple of days and it is absolutely breathtaking. Not only is the view incredible but the home itself in its English Gardens style and luxuriousness of its remodeling simply stuns you. Simply put, there is a very limited supply of homes that are so positioned as to benefit from a Queens Necklace view of the Santa Monica Bay sweeping across the Los Angeles Basin, Downtown Los Angeles and then eastward to capture vistas of the Newport Beach coastline.
Add to this rarity with a home so meticulously remodeled and updated by this owner with living area over 5,000Sqft and the conclusion explodes in front of you, THIS IS THE Palos Verdes Coastline View home to own! Use the “Contact” popup to schedule your appointment today. But all that being said, what are the facts? Do Palos Verdes Coastline View homes appreciate at a greater appreciation rate than other Palos Verdes view homes?
To answer that question, I dug deep into the multiple listing service database and pulled out all the sales dating back to the mid 1990s. The hypothesis of course is that these types of homes, because of the scarcity of supply and the high demand to own Palos Verdes Coastline View homes, will appreciate at a greater rate As is said, one picture is worth a thousand words; let's look at the results. Note the rate of climb from about mid 2001 through 2006 for the two types of property and also note the rate of change between mid 2012 and now.
Palos Verdes Coastline View Homes appreciation rate chart
Clearly you can see that Palos Verdes Coastline View Homes appreciate at a greater rate than other view homes. Do they cost more? Of course they do, but you're money is going to grow faster and at a higher rate than other types of view property on the Peninsula.
It's my pleasure to introduce you to one of the Palos Verdes Coastline View homes coming to market at 6039 Via Sonoma. You can view details and pictures here: http://www.homeispalosverdes.com/palos-verdes-coastline-view-homes/
Palos Verdes Coastline View Homes on Google+
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