Real Estate Activity Survey

2008 obviously was not the greatest year for real estate or the stock market as everyone is aware. What the year as bad for residential airparks as it was for other real estate properties? Did airpark lots sell during the year? How about resale of existing homes? How did the market hold up dollar-wise? How […]

2008 obviously was not the greatest year for real estate or the stock market as everyone is aware. What the year as bad for residential airparks as it was for other real estate properties? Did airpark lots sell during the year? How about resale of existing homes? How did the market hold up dollar-wise?

How about letting us know if any lots or houses on your airpark sold during 2008. And, if you have an idea of the price range, fill us in on that, too. We’ll compile the information and share it as soon as we’ve had a sufficient response.

The short survey below should only take a few minutes to complete. It also allows you to leave comments and we encourage you to do so.

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13 comments

  1. Pingback:Don’t forget to complete residential airpark survey | Living With Your Plane

  2. We are a small aviation community in the suburbs of San Antonio, TX.
    A total of 33 residential lots all having access to the runway – either directly, or via taxiway – at the rear of each lot. We keep automobile traffic and aircraft traffic separated with aircraft having right of way where the taxiway crossed the road. We have 10 residential lots remaining in our development, and in our 8 year history, (began 2001/first lot sold 2002/ first house finished in late ’02), there has been only 1 resale (military relocation). We have 100% paid up membership, always. This is a great place to live.

  3. Daniel Murray

    We live in an airpark in Naples, FL (Wing South-FA37). It is a gated community with 59 sites (39 built out), a 4400×100 paved runway and clubhouse. In addition there are 16 outlots with direct access to the runway, 5 of which are available.

  4. Pingback:Real estate survey will close soon | Living With Your Plane

  5. Barry Branin

    Our park in Battle Ground, WA has 26 lots and they are all built out. In 2008 there was one put on the market at the end of the year for $550,000. This is 10% less than it would have brought in 2006 or 2007. We love the location and the four seasons.

  6. I own a real estate office that specializes in the sale of Aviation, Investment & Residential airpark properties across North Carolina (and SC). The only lots I know of that have sold in NC in the last two years have been in a community where the developer is moving the last of his lots. Otherwise, emails and calls about properties on my website come in daily but no one has purchased a lot or home(or even made an offer to do so). Reasons? 1) They have to sell an existing home first. 2) They are looking for “bargain” buys. 3) They think we are not at real estate price bottom yet. 4) They are just not sure now is the time to buy.

    My thinking? Not enough space here. Write to me and I’ll share my opinion.

  7. Mark Klepper

    My wife and I purchased a home in Buckingham Airpark, Ft Myers, FL in July of 2008. The price was reasonable (at the time) considering what it would cost to build. The seller bought a vacant lot at the same airpark to build his family a new and bigger home. Another home was sold in January of ’08. There are 2 new homes that have been on the market since the beginning of last year and are still available. A 3rd smaller home was recently put on the market.

    Unlike some areas of Ft Myers, the real estate prices at Buckingham remained reasonable throughout the real estate price boom. Other airparks in Florida also had inflated prices. So while some areas may see dramatic drops in pricing, Buckingham Airpark prices should not be as affected.

  8. Here at the Spruce Creek Fly-in sales have decreased from 2006 levels, but only a small percentage. This very exclusive community has been largely sheltered from the economic depression afflicting our dear country. Reasons for this include the exclusivity, our large base and just good ol’ supply and demand. We only have about 600 homes with taxiway access and these are very highly sought. Our runway is a former military runway, 4,000ft x 150ft, lighted and with a GPS approach.

    The Spruce Creek Fly-in is recognized as the world’s largest and most famous residential airpark. See more information at http://www.7fl6.com

  9. Pingback:Fill out airpark survey now; it closes April 15 | Living With Your Plane

  10. living in eagle roost airpark, listing and selling property here has been a great experience. meeting the greatest people, pilots of course…. i share the same sentiments as geneva allen ie:Geneva Allen Says:
    March 31st, 2009 at 4:18 pm
    The only lots I know of that have sold in NC in the last two years have been in a community where the developer is moving the last of his lots. Otherwise, emails and calls about properties on my website come in daily but no one has purchased a lot or home(or even made an offer to do so). Reasons? 1) They have to sell an existing home first. 2) They are looking for “bargain” buys. 3) They think we are not at real estate price bottom yet. 4) They are just not sure now is the time to buy.

    My thinking? Not enough space here. Write to me and I’ll share my opinion.

    i have been showing the properties available with frequency and corresponding with a lot of future airpark residents but no finalization to the activity.

  11. A fantastic read….very literate and informative. Many thanks….where is your RSS button ?

  12. I am not going to be living in a formal airpark, however, I will be living next to a runway. There are several residential lots adjacent to North Omaha Airport, N03. A few more will be platted in the next couple of years. This is as close as I ever dreamed of living in my own home with a hangar out back. With taxi access to the runway this is as good as it gets.

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