There are two waterfront homes currently listed for sale in Point O View. The city assessments on these two properties value their land at $120,000 more than other non-waterfront properties in that neighborhood. However, "value" is also partially determined by the demand for this type of property. There has not been any turnover in the waterfront homes in Point O View over the past few years so the actual purchase price will also be affected by how sought after this area is.
I'd be happy to discuss this area with your further, or send you information on the current listings if you email me at email@example.com or call me at 757-404-7572.
Debbie Burke, MBA,ABR
Century21 Nachman Realty
1201 Lake James Dr., Suite 201
Va. Beach, Va. 23464