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Grayton Interest
- Thread starter DBOldford
- Start date
GoodWitch58
Beach Fanatic
Donna, it has been reduced to $895K, and it belongs to the Mayo family. Not sure of it's name. It is the yellow block house on the left of Garfield if you are driving North.
30A Skunkape
Skunky
Could the slow movement of houses in Grayton be related to the fact that there are many older properties there and more expensive to insure?
GoodWitch58
Beach Fanatic
Probably insurance could be a consideration...things are slow everywhere, and the idea of insurance and property taxes factor into the situation, at least in prospective buyers minds.
It takes a certain kind of person to appreciate the Grayton community and lately we seem to have the kind of buyers who are looking for the more upscale neighborhoods, rather than the Old Florida Beach Community.
I actually have a person who wants to buy this house; but he needs to sell some other things first and vacant lots in up and coming developments are moving even slower than older houses right now!
It takes a certain kind of person to appreciate the Grayton community and lately we seem to have the kind of buyers who are looking for the more upscale neighborhoods, rather than the Old Florida Beach Community.
I actually have a person who wants to buy this house; but he needs to sell some other things first and vacant lots in up and coming developments are moving even slower than older houses right now!
kurt hit on this, but everything is a give and take. The HOA fees that come with WC, Rosemary, Alys, and WSB are pretty hefty, so you pay for those amentities. IMHO this cuts both ways with buyers. SOme prefer Greyton cause no fees...so prefered master planned for the amenities.
Could the slow movement of houses in Grayton be related to the fact that there are many older properties there and more expensive to insure?
any ideas on insurance costs for a $900 house? Property taxes?
Busta Hustle
Beach Fanatic
Grayton still has a soul. There are huge inventories everywhere and few buyers. There is more inventory on the way. Enjoy Grayton for what it is, as i'm sure we all do...
SHELLY
SoWal Insider
The $2544 home insurance (fire and wind I suspect) is DEAD CHEAP for a $900K home.
That certainly shouldn't be holding anyone back who's looking in that price range.
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