30A has some amazing homes that vary in price from under 300K to over 9 million. With such wide variations in prices, it is difficult to find the right home, second home or investment property on 30A. Initiating your 30A home search by a price bracket is a great place to start.
Many times our clients only look at price/sf versus a specific price bracket. Analyzing price/sf is a great approach when are looking a specific subdivision such as WaterColor or Seacrest Beach. We know that WaterColor homes on average sell in the $400/sf to $650/sf depending upon the age, location and upgrades in the home. Seacrest Beach homes on the other hand are currently selling in the $280/sf to $350/sf range. See the WaterColor and Seacrest Beach Market Snapshots.
Searching by a specific price bracket allows you to set realistic budgets and will help narrow down where you need to focus a property search. For example, if you would like to stay in the $500,000 to $600,000price bracket, homes in Rosemary Beach would not be a viable place to start looking. Once properties are identified, price/sf analysis is a critical step in a due diligence process to analyze where the property is priced compared to fair market value. This is one of the many points of analysis that our team performs for our clients while purchasing or selling a property on 30A.