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DID YOU KNOW? The home price for sellers who use an agent is 16 percent higher than for those who don't, according to NATIONAL ASSOCIATION of REALTORS® 2005 Profile of Home Buyers and Sellers, and nine out of 10 home buyers use a real estate agent in the search process.
 
Fenwick Island, DE Demographics
Population 379
Median Age 56.2 years
Median Household Income 61945
Percent of Single Households 23.2
Percent of Married Households 76.8
Percent Families (homes with children) 4.9
Average Household Size 1.95 people
College Education or Better 36.8
White Collar 75.3
Fenwick Island, DE Cost of Living
Cost of Living Index 153.1
Yearly Utility Cost 3861
Consumer Expense 52035 per year
Education Expense 465 per year
Entertainment Expense 2817 per year
Transportation Expense 1955 per year
Retail Expense 23628 per year
Non Retail Expense 28407 per year
Fenwick Island, DE Quality of Life
Average Winter High Temperature 34.7 degrees
Average Winter Low Temperature 24.8 degrees
Average Summer High Temperature 85.8 degrees
Average Summer Low Temperature 59.3 degrees
Average Annual Percipitation 45.9 inches
Air Quality 34
Crime Index 5
Personal Crime Index 3
Culture Index 61

Two homes that are decorated differently will play a factor in Fenwick Island house values as well. One with an updated kitchen will be worth more than one with an outdated kitchen. One with plush carpeting will be worth more than one with grade carpeting. Many things go into the determination of Fenwick Island house values. House values can be manipulated in many ways. The concrete aspects of a home, while similar to others, can not be the sole determining factor in home prices. Trends of the current Fenwick Island real estate market and individual buyer spending habits will alter house values. When you are thinking about home values, you should make an effort to be on the lookout for abstract factors. For they will often play a role in making two Fenwick Island homes have differing house values.

Fenwick Island Property value is best described as the approximated value of a home in relationship to the market it exists in. This is often a debatable topic because property that are identical in all ways except location will often have differing property value. Most Fenwick Island consumers can not get past the fact that the two indistinguishable Fenwick Island homes have differing property value.

Fenwick Island Property value is an ever changing feature of the real estate market. The reasons for these changes are as mottled as the changing of the seasons. A lot of these changes occur because of constant evaluations that occur over time due the buying and selling of Fenwick Island homes. Property values are basically the pulse of any given real estate market and they are part of essential processes that are used to determine the worth of a Fenwick Island home, such as an appraisal. Often these processes seek to outline the value of Fenwick Island homes, based upon the values and trends of the current Fenwick Island marketplace.


Featured For Sale By Owner Property Listings
in FENWICK ISLAND Delaware

Property Listings powered by ByOwnerMLS.com
Property Type Address City, State Zipcode Price
Single Family 28 west clarke ave MILFORD, DE 19963 $450,000.00
Single Family 37021 Horsey Church Rd DELMAR, DE 19940 $137,500.00
Single Family 35 Cedar Dr. OCEAN VIEW, DE 19970 $365,000.00
Single Family 9 Marathon Drive SEAFORD, DE 19973 $319,900.00
Other 31 Dune Rd BETHANY BEACH, DE 19930 $1,399,999.00
Condo/Townhome View This Listing MILLSBORO, DE 19966 $539,000.00
Single Family View This Listing SEAFORD, DE 19973 $298,888.00
Single Family View This Listing LEWES, DE 19958 $399,000.00
Single Family Rt 30 HARBESON, DE 19951 $420,000.00
Single Family 129 Maid at Arms ln SELBYVILLE, DE 19975 $227,000.00
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