Updated: Tuesday, May 22, 2012
Clay County Line News reported that Clay County real estate and Doctors Lake are hot real estate markets for those looking for riverfront property. While the market is softer than it was a year ago, values have seen an appreciable increase over the past 3 years. In real estate, there is never a guarantee that real estate prices will go up, but the location of the property has a lot to do with the properties desirability and price.
There is a diverse house market of styles available and when looking for their dream house many buyers may opt for buying a knockdown house. As in any real estate market, a house that can be purchased and demolished is sometimes sold for more than its value. The new owner can then rebuild; voila – they have their dream house and don’t have to settle for someone’s concept of the perfect abode.
The author reported that there is more waterfront property of sale today than a year ago in Clay County. For those looking for waterfront property this will give them leverage when dealing with sellers. For sellers, faced with a lot more competition from other home owners, they may have to be more open to negotiation than they would have been a year ago. Clay County and Doctors Lake continues to be a very active real estate market for those looking to live on the river.