Value Bomb: The True Value of an Ocean View

 In Value Bombs

I get a lot of questions from buyers and sellers about what the true value of an ocean view and there is no one-size-fits-all answer. This is due to there being so many different types of ocean views. There’s panoramic, sit-down, peek-a-boo, partial, combo…

The list goes on, but a good rule of thumb is if there are are two properties that are very similar to each other in proximity and condition and the only real difference between them is the fact that one has an expansive ocean view and one has no view at all, you can plan on about a 30% premium for the home with an ocean view.

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