From: Jay Hunter
Hi,
Thought I would post a question/discussion I haven't seen on this forum before...
Looking around some of the beach suburbs in Sydney I have been trying to determine the value of water views... I find it's hard to determine as no two properties are really the same.
but - lets assume we have a unit/house in a beach suburb with NO water views and it is worth $x. now we move the place to different spots with all other property considerations being the same except location: What would you consider the price of the following to be ($x + y)...
a) about 500m away from the water but with Water views
b) 2 streets back from water No Water views (say 100 meters to beach)
c) 1 Street back with water views
d) on same street as Water (direct views)
Anyones thoughts and experiences or discussions would be interesting.
jay
Hi,
Thought I would post a question/discussion I haven't seen on this forum before...
Looking around some of the beach suburbs in Sydney I have been trying to determine the value of water views... I find it's hard to determine as no two properties are really the same.
but - lets assume we have a unit/house in a beach suburb with NO water views and it is worth $x. now we move the place to different spots with all other property considerations being the same except location: What would you consider the price of the following to be ($x + y)...
a) about 500m away from the water but with Water views
b) 2 streets back from water No Water views (say 100 meters to beach)
c) 1 Street back with water views
d) on same street as Water (direct views)
Anyones thoughts and experiences or discussions would be interesting.
jay
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