Boating water in Florida is one of the highly sought after types of real estate buyers look for. The dream of having a boat parked out back on a canal is a common desire. The first lesson is to understand there are many factors that effect both canal and bayfront homes. The value the market places on canals is heavily influenced by the depth of the water, distance to open water, and obstacles such as bridges a boater will encounter when traversing the canal system in and out. In other words, 'there is water and then there is water.' This will dictate the type and size of vessel you can expect to moore.
Other factors to consider are the condition of the seawall and docks. An older seawall in need of repair can be a significant cost. Lifts can also influence value as well. Many of the older homes will have most of their value in the land. These sorts of homes are becoming candidates for redeployment with a new modern home with all the nicities today's buyer wants.
We have sold homes on Siesta Key and the surrounding Sarasota market for nearly two decades. Our local knowledge can be invaluable with combined with providing you access to all recent and relevant information. We update our listings from all brokers several times an hour so you have the most current information just like a REALTOR would. Be sure to check back often or make use of our search tool at the top of the page and specify exactly the home you are looking for. We will send you the newest listings, price changes, and sales for the homes that meet your criteria.
Our up to the minute market report is a great way to get a high level analysis of the canal front home on Siesta Key. Prices and price per square foot will vary widely due to the influences we mentioned above. Knowing how the broader market is behaving can help benchmark the same report for the specific home and area you are focused in on.
We welcome your email or phone call and are always eager to help. Our goal is for you to have both a rewarding and successful transaction.