Airparks; Living On The Beaten Path?

WJRFlyBoy wrote:
> On Fri, 21 Mar 2008 17:07:05 -0400, Orval Fairbairn wrote:
>
>
>>WJRFlyBoy <994wjrflyboy@geemail.com726> 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.
Duh, every "specialty" neighborhood poses a difficult time for resale.
I for one would NEVER buy a house in a golf community, but I'm building
in an aviation community. There are more golfers than pilots (sad, but
true) so the market isn't as limited, but pilots are more fun :-}!

Margy Natalie wrote:

>>
>> 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.
>
> Duh, every "specialty" neighborhood poses a difficult time for resale. I
> for one would NEVER buy a house in a golf community, but I'm building in
> an aviation community. There are more golfers than pilots (sad, but
> true) so the market isn't as limited, but pilots are more fun :-}!



It will be great when i's done!


Richard
--
(remove the X to email)

It's never too late to be the person you might have been.
George Elliot

cavelamb himself wrote:
> Margy Natalie wrote:
>
>>>
>>> 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.
>>
>>
>> Duh, every "specialty" neighborhood poses a difficult time for resale.
>> I for one would NEVER buy a house in a golf community, but I'm
>> building in an aviation community. There are more golfers than pilots
>> (sad, but true) so the market isn't as limited, but pilots are more
>> fun :-}!
>
>
>
>
> It will be great when i's done!
>
>
> Richard
Thanks, I really needed that today!!!!

Margy

WJRFlyBoy wrote:
> On Tue, 25 Mar 2008 23:29:56 -0400, Margy Natalie wrote:
>
>
>>>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.
>
>
>>Duh, every "specialty" neighborhood poses a difficult time for resale.
>
>
> Not so.
>

really? I believe any "specialty" neighborhood will reduce your
potention buyer pool, be it a golf course, airport or lake. It's just
what people want. Of course for the "right" buyer the values go up
because it's on a golf course, runway or lake.
>
>>I for one would NEVER buy a house in a golf community, but I'm building
>>in an aviation community. There are more golfers than pilots (sad, but
>>true) so the market isn't as limited, but pilots are more fun :-}!
>
>
> Depends on whether the Mile High Club or the On Green Association is
> your preference.

Bingo!