Amelia Island Real
Estate: The Current Property Values
Thinking for buying an
Amelia Island real estate property? Or, are you already living in
Amelia? Well, Amelia, being an island with an intriguing past,
filled with pirates, Indians, ruled under eight flags, birthplace of
the modern shrimping industry, and noted for its preserved 55-block
historic district is a place worthy to visit, even to dwell. It in
fact remains as a best kept secret until the 1990s because of its
charm and small-town nature, offering southern hospitality along
with a strong Georgian influence. Since the past decades, Amelia
Island become more widely known and eyed by the developers.
Becoming increasingly
popular for vacationers during the past decade, Amelia Island is now
the home to about 25,000 people. And, according to recent reports,
there’s not much vacant land left for new, large projects. However,
many new residential establishments are now being developed off the
island, specifically on the nearby mainland. But, what are the
local Amelia Island real estate property values these days?
As recent reports have
revealed, the cost for living in Amelia Island is getting more
expensive, especially for those who are looking for Amelia Island
real estate properties like homes. The average list price of a
single-family Amelia Island real estate home property currently for
sale is $701,655 as of June 2005. Also, one particular review of
single-family homes listed for sale in today’s Amelia Island real
estate listings indicated that more than half of the properties are
now listed above half a million dollars. It is further interesting
to know that data recorded in the local MLS indicates that 51 homes
or the 95 active residential, single-family Amelia Island real
estate listings for sale are listed above $500K as of June 2005.
For the prospective
buyers who find the lower-maintenance condo lifestyle more
appealing, it was found out that the average list price of an
oceanfront condominium, in particular is a bit more than a million
dollars. It is just necessary to note as many reports have
revealed regarding the Amelia Island real estate values, the range
of oceanfront condos prices are from around $400K for a much older
building or smaller unit to $1.9 to $2.4 millions dollars.
Finally, in terms of
the historic or vintage homes, several Amelia Island real estate
reviews have found out that there is currently a great opportunity
to buy some of the most well-preserved homes built during the
Victorian era. Currently, there are about three unique vintage
Amelia Island real estate properties for sale. These Amelia Island
real estate properties are said to being used as bed and breakfast
inns within the historic district of the Fernandina Beach. Also, it
is important to note that the historic real estate properties for
sale in the Island today can be as a private residence, other than
bed and breakfast. There are the Williams House is which now
listed at $2.75 million, and the Hearthstone House at the same
price. The Ash Street Inn is even now listed on most of the Amelia
Island real estate property listings.
Back to Amelia Island
