Friday, August 21, 2009

Ever wanted a house on the Chesapeake?

Here is Zillow.com's estimate of ten years' of home values on Kent Island (specifically Stevensville, MD) on the Chesapeake Bay. Give it time. Prices are still falling.


Kent Island is where the Chesapeake Bay Bridge crosses. It's circled in the map below.


The only downside (besides the current price): Mapquest says a commute to DC takes roughly an hour each way. Anybody know of good jobs available in Annapolis?

11 comments:

  1. My father has a second home in that area on the west side, south of annapolis. Everytime I go there to be near the water, I notice more and more homes for sale. Almost half the neighborhood there have for sale signs now.

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  2. There is bubble housing all over Eastern Shore. Townhomes in Denton, Milford, Rehoboth and many other cities over there. I could never figure out who is buying all of those homes. Some of it was just specuvesting, I think.

    Some might argue that these homes would be good for people that are retired and don't need to commute anywhere, but townhomes probably aren't optimal for retired people.

    Some far-out communities could well have been intended for commuters, but the trend these days is for people to live closer to work.

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  3. An hour to DC??? Maybe at midday, but never at rush hour. Ever try to cross that bridge on a friday afternoon. You might as well rent a hotel in annapolis in the summers versus dealing with that bridge - it sucks the life out of you.

    Eastern shore is great if you work over there, or if you dont work at all - but to commute to anywhere on the "western shore"? Forget it.

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  4. I second anon 8:35. The bridge is an absolute nightmare in the summer, and it is unpredictable the rest of the year. It's totally unrealistic to commute to DC or Baltimore from Kent Island.

    Although you would still have to deal with the bridge every day, a commute to Annapolis would not be entirely unreasonable. However, Annapolis is really short on the jobs (unless you work in an industry catering to the wealthy retired).

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  5. Wait, are you guys saying that physical location is a factor in the desireablity and value of real estate?

    It is almost as if you're saying that access to Washington, DC plays a major role in whether or not people buy property in specific areas. You're also saying that automovtive considerations are very important too.

    Wow, what a break through you've made! Who wouldda thunk it?

    (that was sarcasm in case you couldn't hear the tone in my voice)

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  6. Wait, are you being sarcastic about the entire post being sarcastic, including when you say you are being sarcastic, thus the entire post isn't sarcastic at all? But that would mean you were being sarcastic, unless you weren't.

    Please explain, letting us know if your response is sarcastic or not.

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  7. Please explain, letting us know if your response is sarcastic or not.

    As one of millions of Irony Challenged Americans, I would urge you to use ADA-required <sarcasm> tags, both *before* and *after* any sarcastic content. It's the law; and it's the right thing to do.

    Thank you.

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  8. How ironic that IBC's quote about sarcasm was sarcastic.

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  9. This comment has been removed by a blog administrator.

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  10. its like rain on your wedding day....a free ride, when youve already paid.

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  11. "This post has been removed by a blog administrator."

    It looks like someone named Anonymous forgot about the new blog comment policy. If only he had chosen a consistent username, things could have been different.

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