Realities of Real Estate: For sale, for sail? Homes and water access ...
Realities of Real Estate: For sale, for sail? Homes and water access?
1:17 pm Fri, March 15, 2013
Posted: 1:17 pm Fri, March 15, 2013
By Bob and Donna McWilliamsThe Daily Record
In this area, the relationship of a property with water (meaning the Chesapeake Bay and its tributaries) has a lot to do with its value. An old shack inland might be worth next to nothing, whereas the same house on the water might morph into a million-dollar estate. In short, there is little in real estate that can have more impact on the price of a house than the ability to access, use or simply look out upon the water. Nevertheless, water features are one of the most confused and abused aspects of local real estate.
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