Pelican Bay homes For Sale
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About Pelican Bay Homes
Homes in Pelican Bay come in a vast assortment of styles and sizes. The lowest-priced Pelican Bay single-family homes start anywhere from the 800's during weak economic trends and have been listed for over $20,000,000 for beachfront estates. The first home was built in 1979 in the Pelican Bay Woods development.
New Home Construction in Pelican Bay
2016 marks the first year some original homes were torn down and new homes were built speculatively. New construction activity increased substantially until 2022 and prices increased to never seen before values. You can expect speculative new home opportunities to fade during weak economic cycles which can force new home enthusiasts to custom homebuilding options only.
Remodeling Homes In Pelican Bay
Remodeling of existing homes has grown more popular through the years in Pelican Bay. Not all homes here make good choices. Low ceilings, floor plan functionality, and construction attributes all play a hand in what a good remodeling opportunity looks like. As more new construction is built in Pelican Bay, remodeling decisions will become more important to your bottom line. If you are considering a remodel, contact Shannon for the best advice.
Prices For Pelican Single-Family
Prices vary drastically with some discounting provided to homes in original condition and hefty premiums placed on new or fully remodeled homes. Subdivisions within Pelican Bay can affect values as well as view and placement within the community. For example, gated communities are pricier than single-family home subdivisions located outside of a gated subdivision. Homes located next to busy roads like Tamiami Trail and Vanderbilt Beach Rd. will likely be less expensive. Even busier roads inside of Pelican Bay can cause a difference in value. Lot appeal can also be a big determining factor for value. For example, south and west-facing lots can likely bring more value. Waterfront, golf course, and lot size are also a factor for value.
For more information about homes in Pelican Bay, contact Shannon today.Contact Shannon