Pecking order
By James Wedgeworth on January 26th, 2010I had someone call to ask what I thought his house was worth. I told him was worth less than $2 million. He then asked how I knew that because I had not seen his home. I was familiar with the home and knew the location.
There is a pecking order of value as it relates to the Hilton Head real estate market. For instance, oceanfront sells for more than sound front, sound front with a deep water dock sells for more than sound front without a deep water dock, sound front sells for more than marsh front, but marsh front may sell for more than a golf course home, etc.
We see this at all levels of sales. We can usually tell someone what their villa is worth based on our understanding of villas – the same with lots.


