Unique Valuations: It is often the case that the dirt a waterfront home sits on is worth as much, if not more than, the home itself. Understanding the value of the land based on location and desirability, as well as the extent of any waterfront improvements, can cause a substantial swing in the value of a property. It is most often the case that self-represented buyers, or those who are using a non-waterfront agent who don’t understand these details, will overpay for a property thinking they have “stolen” a home because of a percentage off the list price they negotiated. They may also take a pass on a potentially good investment for lack of the same understanding.
Knowledge of Floodplains and Floodways: How do you find out if a home lies