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[quote=Anonymous][quote=Anonymous][quote=Anonymous]From DC there are two centers of gravity for high end magazine quality weekend houses and quaint towns. We don’t really have a high end ocean front area, though Lewes maybe is the closest thing. The two are Virginia hunt country inside 90 minutes and Maryland Eastern shore inside 90 minutes. That’s where the premium properties are. As you get outside 90 minutes the desirability and prices go down. This tells me that 90 minutes or less is easy. As you get further it gets harder. Going west, 3 hours has you at places like Lost River or Shenandoah Valley… lovely area but much lower cost. If Lost River were within 90 minutes I expect it would be much pricier. Locations in the Valley are lower priced than their counterparts to the east of the blue ridge… Even Orange and Keswick east of the blue ridge are lower priced than Middleburg. So it boils down to what you can afford… the travel time is real and people are willing to pay a lot to shorten the distance and that should tell you something as you think of more vs less time to get to the property. [/quote] That's not accurate. Bethany, Lewes, and Rehoboth are generally more desirable second home locations than some that you mentioned. There's limited interest in homes in hunting and fishing rural areas. There was a spike during the pandemic but that demand has waned.[/quote] The Delaware beach fan club just will never acknowledge that they’re not in a high end destination for 2nd homes - they’re the equivalent of the upper segment of the middle tier of NJ shore.. maybe they get up to being nearly like Stone Harbor... You’ve got GIC, certain eastern shore enclaves, and VA horse country. Those are renowned destinations that attract part time residents from an expansive area. The only people buying in Rebobeth are from Philly, Baltimore, and DC. [/quote]
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