WHEN IS IT OKAY TO BUY THE BEST HOUSE ON THE BLOCK?

By
Real Estate Agent with DWELL REAL ESTATE BK3105105

We have always been told that it is best to buy the worst home on a great street and turn it into a good one.  On most streets that might be true but if you want waterfront property in Sarasota, you often have to buy the best house on a street with few comparable homes. 

When Florida was being settled, there was little thought to zoning or standardization of homes.  You found a lot on the water, whether it be the bay, a river or the Gulf and you put up the home you desired.

It stands to reason that the homes on the waterfront side of the street ended up with far more valuable land than the ones across the street from them and as the years passed, grander and more luxurious homes replaced them while the smaller utilitarian homes on the other side of the road stayed small and sometimes fell into disarray. 

We have an incredible neighborhood, Sapphire Shores just south of the Airport in which three to four million dollar homes line the bay and yet you can buy a home across the street for as little as 150,000. Neighborhoods like this one follow the shorelines and to be able to live on the waterways, purchasing the best home on the block is often a neccessity.  

When buyers arrive here from other states that have always had strict zoning and permitting, it is quite a shock to them when the property tour starts.  They have selected homes by looking at photos and virtual tours on the MLS and are in mild disbelief when they see what modest neighborhoods so many of them are located in. 

But, the lure of the water is hard to deny and the ability to dock a boat and enjoy the lifestyle of waterfront property usually overcomes the worry of having bought the best home on the block.

Posted by

 Looking for a great real estate agent in the Sarasota area? 

 

Marnie Matarese |Broker Associate | GRI|RSPS|SRES | DWELL Real Estate 

MARNIE@CALLMARNIE.COM 

DIRECT:  941-809-8099 

 

www.callmarnie.com  

1947 Ringling Boulevard

Sarasota, Florida 34236

 

  

          

 

 

 

 

 

 

 

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Topic:
Home Buying
Location:
Florida Sarasota County Sarasota Sapphire Shores
Groups:
Posts to Localism
Local Expert
Sarasota Real Estate
Sarasota
Tags:
bay
gulf
anchorage
waterfront luxury

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Rainmaker
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Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Marnie: Same here in Carmel-by-the-Sea. On the ocean? Millions more than one across the street, or around the corner.  

Jan 27, 2014 01:22 PM #1
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

If I know anyone looking to buy a home in sarasota I will refer them to you. You are the expert.

Jan 27, 2014 08:09 PM #2
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I have seen that myself when we go to Destin. The older homes look out of place but to get the newer waterfront homes buyers have to live with it. Your explanation will help many buyers understand.

Jan 28, 2014 09:59 PM #3
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Marnie Matarese

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