I think it is a great investment - I did buy there as a second home - we love it so much! Jeff Daniel at Coldwell Banker is an awesome agent there.
The thing about Ocean Shores that is so great is that it has everything - all price ranges and needs from fishing to beachcombing and more. Plus - it is so close to the Seattle area to just get away to with no notice if you find yourself with a free weekend. The people there are very nice and I think it is one of th ebetter investments in the state as far as second homes go.

Good luck!

If I could buy in Ocean Shores right now, I would. I think a vacation home is the ideal way to purchase out there! You get the use & enjoyment of a beach home in a great area, and you get the added benefit of the increased value of the home.

Of course, you always need to ask yourself --how long do you want to own, and how much and what kind of a return do want on your investment? Turn it in 10 years? Own it through most of your retirement, for a nest egg? Then sell or hand down in the family?

I do believe they are planning on an asssessment of some sort --roads, wastewater, something--to come up in the future, so find out about that, so you will be able to plan for that expense. But that is also a sign of improvements in the area, which will increase property values even more!

Any good sandy beach area with some base of employment, some amusements, and some sunshine, is usually a good investment!

Best wishes, and let me know if I can help!

Linda

Hi Mike. Ocean Shores is by far the best buy on Washington's Coast. Check out the article Coastal Living just did on Ocean Shores at http://www.cityofoceanshores.com. Let me know if you have any other questions.