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I think the impact of The Charles on SJP property values will depend on how they are priced and their size. If they are smaller, townhouse type homes, there will be no impact. If they are single family home that are priced in the $300s, I think there will be an impact. When you thinks that the average age at SJP is ~62 would one pay $500K+ to live in a large home for 10-15 years? The amenities will have to be the selling point for SJP. I just think that given the large number of homes yet to be built in SJP and the possible competition from the Charles, there could be a downward trend on prices. I am not a real estate person, so this is only my opinion. I hope I'm wrong.
This says homes to start in the $250,000 range. First phase will be the medical and retail complex... That part should be a big plus for SJP assuming it is open to folks not in the Charles... And surely it would be. But how long before it shows itself to be a viable development? How long before folks want to gamble on it building out completely and not going bust? And honestly do 65-75 yr olds want to move into an area of constant construction?? So I think this is for today's 50 something's. Still will be interested in learning more about it.
Can't wait to head down to SJP for the Memorial Day weekend. Looking forward to hanging with my friends and hopefully enjoying great weather. Let the fun begin!
I noticed during my last trip to SJP that there was an area cleared immediately past the Seaside Gatehouse on the left going toward Midway Road. Does anyone know what they are doing there?
I have a 4 foot pressure treated wood picket fence.Even though my fence is virtually in the woods,the POA required evergreen shrubs every 6 feet.
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