Thursday, May 04, 2006
GULF ACCESS-Explained
Waterfront property listings are priced based on what type of waterfront it is and what access is available from the water, in addition to the view. Buyers can be confused by some of the listing terminology. We see gulf access, no bridges, minutes to the river, sailboat access used often. Let me explain. Gulf access means that the water system the property is located on is not land locked. In other words, you can navigate your watercraft into the Gulf of Mexico. The type of boating you do will dictate where your property needs to be located. If you have a sailboat, you will not be able to go under a bridge in Cape Coral or Fort Myers as the clearance is usually 9-12'. There are some waterways that have locks or lifts without bridges. The distance to the river or Gulf dictates how the property is valued.
Buyers need to access what type of boating is desired and then evaluate what location is best for them. Remember, if you intend to boat often the distance is very important. With some locations, the travel time can be 1-1 1/2 hours one way!
Buyers need to access what type of boating is desired and then evaluate what location is best for them. Remember, if you intend to boat often the distance is very important. With some locations, the travel time can be 1-1 1/2 hours one way!
