THE ULTIMATE LBI BUYER’S GUIDE
Everything You Need to Know About Buying a Home on Long Beach Island
Building a New Home on Long Beach Island
Building a new home is the best investment you can make in the Long Beach Island real estate market. When a piece of vacant land or a tear-down home is purchased for the right price and a home is built within budget, a buyer should realize immediate equity in the home. This can improve the rate of return on a summer rental, or the home could be sold for a profit in the LBI real estate market. Building a new home on Long Beach Island can lower the cost of your insurance, lessen the chance of flooding from storms, and be an excellent short and long-term investment.
Building a new home in the LBI, NJ real estate market offers significant advantages over buying a ready-built home. The process starts with selecting the right land or tear-down property, followed by working with an architect and builder to align with your vision and budget. Construction can be as hands-on or hands-off as you prefer, making it a flexible and rewarding investment on Long Beach Island.
REAL ESTATE TIP:
Seek a wider lot with a more shallow depth for construction over a narrow and long lot. This will give you greater flexibility in your design and make the house more functional.