Builders are keeping busy in Cape Coral. Neighborhoods such as Cape Coral Yacht Club— the city’ s oldest neighborhood, with sailboat access to the Caloosahatchee River— continue experiencing a pattern of teardowns. Gary Aubuchon, president of Cape Coral-based Aubuchon, reports that the teardown trend accounts for a third of the custom-home projects he’ s been working on.
Some of these new homes already have buyers. Others are being built on“ spec,” demonstrating builders’ confidence that they can invest money into building a house and be sure it will sell. New Europeanstyle homes on canals are priced from the $ 400,000s to the $ 600,000s, while those with direct access to the Gulf of Mexico are priced in the $ 800,000s and up.
Newly constructed homes in Cape Coral have features that buyers are demanding, such as granite countertops and tile floors, as well as three-car garages and media rooms. Changes to the building code also are making homes sturdier and stronger, built to sustain 160 to 170 mph winds and with features such as impact-resistant glass.
No matter what you’ re looking for, says Hellenbrand, don’ t rely on Internet sites that base values on inaccurate computer models popular today on various real estate websites.“ Data does not know how to value your beautiful waterfront property, updated kitchens and bathrooms or custom pools,” she says.“ To determine the market value of a home, Realtors physically come to your home to discuss your upgrades, neighborhood and, most importantly, the value of your location and view.” a solar-heated swimming pool in Southwest Cape Coral
$ 449,900
A three-bedroom, two-bath pool home, built in 2002, on a Gulf-access lake in Southwest Cape Coral
$ 649,000 A three-bedroom, two full- and two half-bath home— a potential teardown on the Caloosahatchee River with direct sailboat access to the Gulf of Mexico
$ 1.295 million
A waterfront estate home in the Yacht Club neighborhood with five bedrooms, five full and one half-baths, built in 2010, with sailboat access to the Gulf of Mexico
Extraordinary
F Homes
or extraordinary people. At Paul Homes, each of th
e homes we build is unique- carefully crafted to meet the needs of individual homeowners. We welcome the opportunity to help you design a home as unique as you are. Pease visit us online, or tour our model center today!
What You Can Get for Your Money
$ 125,000
A three-bedroom, two-bath wood frame home with 1,200 square feet and no swimming pool in Northeast Cape Coral
$ 169,000
A three-bedroom, two-bath home, built in 1991, with no swimming pool off water in Southwest Cape Coral
$ 215,000 A three-bedroom home with two full baths, built in 1993, with
1406 Cape Coral Pkwy. West Cape Coral, FL 33914
( 239) 542-0607 www. paulhomes. com
CRC 058308 capecoralchamber. com 11