Who would have thought that in 2012 the prices of property on Carolina Beach would have reached such an devastating low. Well that’s how many people perceive it. Unfortunately, property values have dropped in some cases over 30% since 2006. This has left many home homeowners in a bind. The plans of buying a home back then and possibly selling it in the somewhat near future are out the window. With all of the
foreclosures and “short sales” to compete with, it’s next to impossible to sell your home and come close to breaking even. With the economy and the way things have been lately, I’ve had many acquaintances forced to foreclose on their property. I’m sure it is not an easy situation to deal with. All you do is hold your head up high and keep moving forward.
With that being said, now is the time to buy property if your lucky enough to do so. Not just any property either but beach property. In my opinion beach property would be the ideal place to buy in these bad times. I feel that prices can only go up from here and now with interest rates being at record lows, it’s a “Win Win” situation. I can remember 5 years ago when I was just getting interested in property, you could not find a house on Carolina Beach that was under 200K that wasn’t a “tear down.” Now it’s amazing what you get for that kind of money.
There are more than 300 properties listed on the MLS on Carolina Beach today. Most of them are fantastic deals. One property that come to mind is 513 Canal Dr. A-7. This is a 3 bedroom, 2 full bath condo located directly on the Sound. Off of your back deck you have views that a king would appreciate. If you are into boating, this condo would suit all of your needs. While on your back deck, with the beverage of your choice, there is usually some kind of boat that is slowly passing by. You have sailboats, shrimp boats, charter fishing boats, yachts, personal cruisers, etc… The list goes on. Not only do you get to enjoy the scenery of everyone else’s boat but this particular property comes with a boat slip. Not just any boat slip either. This unit A-7 has a 50‘+ slip that can hold your Jon Boat all the way up to your personal yacht. If you don’t have a boat, the HOA allows you to rent your boat slip as long as the renters abide by the HOA rules. If that doesn’t entice you enough already, the sunsets will. Have you ever looked over the Sound at night? If you have, I know you would agree that the views are just as spectacular. With all of the lights, it’s like Christmas time 365 days a year. If you’re an ocean person, the front deck will be to your liking. Because unit A-7 is on the third floor, it allows incredible views of the ocean. Just steps from the beach you hear the waves crashing. There’s nothing more relaxing, of course with the beverage of your choice. Unit A7 also happens to be a corner unit as well. What does this mean? It means that while your inside your home the views are still there. There are windows all along the side which gives you expansive views of both the Sound and the ocean all while relaxing in your living room.
So, if your fortunate enough to buy property, I would recommend everyone to come see this property and I know would agree that for $219,000 this is one of the best buys on Carolina Beach. Call Jeff Humphrey for showings @ 910-443-7558. This fabulous unit is vacant and can be shown on a moments notice. Come by and check out 513 Canal Dr. A-7 and see what living is all about. You won’t regret it!