Airparks; Living On The Beaten Path?
On Mar 21, 9:01*pm, WJRFlyBoy wrote:
On Fri, 21 Mar 2008 17:07:05 -0400, Orval Fairbairn wrote:
WJRFlyBoy wrote:
On Wed, 12 Mar 2008 16:56:00 -0500, Gig 601XL Builder wrote:
WJRFlyBoy wrote:
Then there are trains and train tracks but two things differ.
1) People, right or wrong, don't view the danger the same
2) You can invest a potload of money into an airpark house and because
of perceptions alone, your resale market gets smaller and smaller.
--
Utter nonsense! A GA airport does not negatively affect real estate
values.
Never said that. I said the market for resale is significantly affected
by perceptions which reduce the number of people who would be interested
in purchasing in an airpark. I would particularly point to the Captiva
example. it's an absolutely gorgeous place...with a limited market.
Resales there take loads of time, one reason is the perception of living
near an airstrip.
Here at Spruce Creek we have some of the highest-priced homes in the
county (near Daytona Beach).
There are $10M homse on Captiva. The price of the home means nothing in
terms of what I said, MOF, the higher the price of the home, including
airstrip, further limits the resale market. These are not speculations,
they are mathematical and historical facts.- Hide quoted text -
- Show quoted text -
I have not been to captiva in years but back then there was no bridge
leading to it. The only access was by aircraft or boat. That fact in
itself makes comparing captiva to anything else a act of futility.....
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