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Naples, Bonita Springs & Estero Real Estate Industry News & Updates

Is It Better To Tear Down Your Home Or Renovate In Naples

July 27th, 2016 by

Interesting article in the Naples News last week talking about the housing dilemma in downtown Naples.  Most of the original homes throughout Olde Naples, Aqualane Shores and Port Royal were built in the 1950’s and many are in need of a major renovation.  So the question is, do you renovate or tear it down and build new.  The Florida building code requires that the cost of renovating a home that sits below the base flood zone elevation, set by the Federal Emergency Management Agency, cannot be greater than 50 percent of the value of the house before improvements.  Land and housing costs have soared over the past several years, making tear-downs a profitable and thriving business, especially in older, fashionable beachfront communities in the city of Naples — some of which sit in flood zones that can limit renovation plans.  [...] Read More

4 Reasons to Make Aqualane Shores Your New Home

August 15th, 2013 by

Once you have made up your mind to start looking at homes in South Florida, it can feel overwhelming due to the sheer number of communities and property developments in the area. However, there is no question that some of these communities truly stand out as incredible opportunities both in terms of investment and in quality of life. Discover four of the top reasons to look closely at the fantastic homes and lifestyle of the Aqualane Shores community in Naples, Florida.[...] Read More

Luxury homes still a building market in Naples during economic struggle

December 4th, 2011 by

Randy Kurtz is one builder who hasn’t had any layoffs since the housing market collapsed in 2006.  He builds mega-homes, mostly in Port Royal and on the waterfront, ranging from $5 million to more than $20 million. He works on three or four custom homes at a time. At their size – usually stretching more than 8,000 square feet – they take 15 months or longer to finish. “We are starting homes now,” said Kurtz, the owner of Kurtz Homes in Naples. “We have been for a long time.” High-end real estate has taken a hit in recent years, but it hasn’t suffered nearly as much as the bottom of the market.[...] Read More