housing prices

[iwishiwasthere]

Yesterday, I spent a while looking at Kurt's video tours..Great Work! I saw a place at Carillion Beach that seemed to cost a less than properties further west. Is this because this area isn't as highly desired as say Watercolor or Grayton Beach? The video tour I looked at appeared to have a good beach access and view. Enlighten please. :confused:

[kurt]

Thanks! Do you mean this one?

http://www.emeraldcoasttours.com/401beachsidedrive

$1,995,000

[iwishiwasthere]

That is the one. Looks like a nice place.

[kurt]

I like Carillon. It is somewhat similar to Seaside as far as house designs but larger lots and streets, with no highway separating homes from the gulf. It is more of a subdivision than a "village" like Seaside.

It did seem like a good price - only $2mil :lol:

[imasunbum]

Yesterday, I spent a while looking at Kurt's video tours..Great Work! I saw a place at Carillion Beach that seemed to cost a less than properties further west. Is this because this area isn't as highly desired as say Watercolor or Grayton Beach? The video tour I looked at appeared to have a good beach access and view. Enlighten please. :confused:
Good question iwishiwasthere! I would be really interested in hearing anybodys views on this too.

[Smiling JOe]

I think one big reason is that many people do not want to be in Panama City Beach (Bay County), where Carillon is located. Also, for a long time, there was not much at that end of 30-A, so most shopping and eating was done in Carillon or PCB. Now, things are changing a bit with both, people's perception of PCB and more things to do and places to visit on the east end of 30A, so the prices may be ready for a slight shift up.

[Paula]

I stayed at the west end of Panama City Beach one night last year and had the feeling that if someone couldn't buy on 30A or Destin, the west end of Panama City Beach would be a nice and affordable alternative. There was a one bedroom with bunks in hallway condo going for low $200s in Horizon South. It was nice enough -- not an upscale complex, but it was certainly nice and would get someone a place at the beach (the beach was beautiful) quite comfortably. I would have been happy with it. What do others think? What's going to be happening on the west end of PCB? Are there going to be more high rises there (I liked it that there weren't many high rises, but I don't know what's planned for the future)? Most development (e.g., high rises) seems to be happening on the other end of PCB and I can't figure out why.

[Smiling JOe]

I stayed at the west end of Panama City Beach one night last year and had the feeling that if someone couldn't buy on 30A or Destin, the west end of Panama City Beach would be a nice and affordable alternative. There was a one bedroom with bunks in hallway condo going for low $200s in Horizon South. It was nice enough -- not an upscale complex, but it was certainly nice and would get someone a place at the beach (the beach was beautiful) quite comfortably. I would have been happy with it. What do others think? What's going to be happening on the west end of PCB? Are there going to be more high rises there (I liked it that there weren't many high rises, but I don't know what's planned for the future)? Most development (e.g., high rises) seems to be happening on the other end of PCB and I can't figure out why.The Nauticus, a one hundred unit tower located about 1 mile from Hwy 98 on Front Beach drive is preselling currently. Currently, it is an old motel on the beach. I think there are 102 parking spaces. :bang: More towers are scheduled to go in on that end of the beach. With time, that end will grow in value and the mobile homes will be weeded out or lost in a storm. The question is, who is willing to wait? The beach is definitely dirtier down in PCB with more cigarette butts and bottle tops, etc than SoWal, but the water is the same emerald green color. Prices are fairly high in my opinion, for what you get today.

[Paula]

Thanks. It will be interesting to see how PCB is doing 10 years from now. I was impressed by the beach there, both by Pier Park and at the west end. I definitely think SoWal is more beautiful (and will stay that way because we won't have the high rises and some of SoWal is protected from development), but I think PCB is going to go upscale in a big way in the next 10 years or so and will fit the needs of many people.

Since our place is on the east end of 30A, we tend to go toward Panama City beach when we get out of SoWal rather than Destin because PCB is so much closer. Every now and then we go to Thomas's and get some nice cheap donuts in Panama City Beach. Having grown up in a family that owned a luncheonette, I now realize how difficult it is to get a nice cheap donut and cup of coffee these days now that Starbucks has taken over. So, maybe it's the donuts that make me think so highly of PCB. Brings back fond memories.

[Donna]

Paula, your cottages are very close to one of the best donut places around and their prices are extremely reasonable, too. Do you know about The Donut Hole, which is on Highway 98, just south of where it intersects with 30A? It's not much to look at, in fact, looks like a gingerbreaded double-wide. But they do a Southern breakfast that is great, also offer nice lunches and a full bakery. My husband loves to go there. I do not recommend the restrooms, however. :shock:

[Smiling JOe]

Paula, your cottages are very close to one of the best donut places around and their prices are extremely reasonable, too. Do you know about The Donut Hole, which is on Highway 98, just south of where it intersects with 30A? It's not much to look at, in fact, looks like a gingerbreaded double-wide. But they do a Southern breakfast that is great, also offer nice lunches and a full bakery. My husband loves to go there. I do not recommend the restrooms, however. :shock:

You are correct about the donut hole being good, but I like to go for the Cheeseburgers. :D

One correction on location. The Donut Hole, which is on Highway 98, just west of where 98 intersects with the west end of 30-A. ;-)

[Paula]

I've been to the Donut Hole and it is very good. But SJ is correct that it's on the other end of 30A from us, probably about 13 - 15 miles away. But Thomas's is only about 7 - 9 miles away. We just haven't ventured toward Destin since I started flying into PC rather than Fort Walton. But we're flying into Fort Walton this next trip and we'll stop at the 331 for dinner on the way to Seacrest and you've just inspired me to have us stop at the Donut Hole for donuts on the way to the Fort Walton airport on the way back. Thanks, life is good...

[beachmouse]

I'd stay out of the PCB market for the next couple of years. There's just such a huge number of units that are going to come online in that time frame that I see about 85% odds that prices there are going to drop really significantly during that time.

[SHELLY]

I'd stay out of the PCB market for the next couple of years. There's just such a huge number of units that are going to come online in that time frame that I see about 85% odds that prices there are going to drop really significantly during that time.

Truer words have never been spoken. I expect we'll be reading about PCB's condo conundrum in the Wall Street Journal before long.

[Smiling JOe]

I'd stay out of the PCB market for the next couple of years. There's just such a huge number of units that are going to come online in that time frame that I see about 85% odds that prices there are going to drop really significantly during that time. Your guess may be on target. One scenerio that could change things is if a major hurricane hits PCB and illiminates all of the mobile homes and older run-down homes south of 98. If that happens, PCB could become the next boom.

[Franny]

I'd stay out of the PCB market for the next couple of years. There's just such a huge number of units that are going to come online in that time frame that I see about 85% odds that prices there are going to drop really significantly during that time.
Possibly true for the CONDO market, but I think Carillion (spell check please) is a great beach community and priced fairly. They seem somewhat separate from the heart of the cruising beach in PCB in MO.