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Home Property Tips :: Margate Real Estate
Margate Real Estate:
Real Estate in the Margate Market
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As a beach side town with all the amenities, it’s remarkable that Margate real estate is still relatively inexpensive.
Close to Atlantic City and New York, but far enough away to still be relaxing, right on the ocean, but not overcrowded with tourists and home to a real estate market that’s diversified and varied, Margate is a town worth moving to.
If you’re investigating Margate real estate, keep reading for information on the Margate lifestyle, community, housing options and notes on the general Margate real estate market.
Margate Lifestyle and Community
Full of recreational activities, cultural events, nature and the feel of true seaside living, Margate is a real community. Though small, Margate is still bustling, but the pace is easy, carefree and definitely residential.
For couples and families looking into a new community, the Margate real estate market provides a serene and safe neighborhood with one of the finest school systems in the country. The Margate population is just under 9000 residents.
Public transportation is available in Margate, including bus service, taxis, a Greyhound station and Amtrack service.
The closest airport is a mere 10 miles away, and access to major highways is also nearby. Atlantic City is only 15 minutes away, while downtown New York City is an approximate 2.5 hour drive, depending on traffic.
Margate Housing
The Margate real estate market ranges from seaside condos to bungalows to large-scale luxury homes and multi-family dwellings. The median price in Margate is about $475,000, but has gone as high as $650,000.
However, seaside mansions selling for upwards of $5 million push that median price higher. One bedroom condos can be had for as little as $125,000, with mid-size family homes listing in the $300,000 to $450,000 price range.
In short, if you’re looking for a community that’s small, but still established and close to amenities, Margate real estate may be right for you. This small beach side town has got it all – schools, housing variety, seaside living and a solid community.
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HomePropertyTips.com :: Margate Real Estate