Not to be outdone, let's try the same process that I did in Part 1 for Anne Arundel County, Maryland. Together, Queen Anne's County and Anne Arundel County comprise almost all the dockominiums on the Chesapeake Bay, although Anne Arundel County has several times more dockominiums than Queen Anne's. So let's see what happened with.
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Wild Swings in Dockominium Values – Part 1 of 3
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Posted by John Simpson
I live along the Chesapeake Bay and I got to thinking (a dangerous thing, naturally)... what if I used my analytical skills and took our database of dockominium sales and combined them with the Maryland State Department of Assessment and Taxation's data? Could I do some fancy number crunching? What patterns in dockominium values would.
Read moreWhat Marina Cap Rates Are You Seeing?
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Posted by John Simpson
This question, or a variant of it, is the single most frequently asked question that I receive. I get it from marina owners, brokers and especially appraisers. I suppose they see me as a wild west gunslinger with a gun full of magic bullets (please tell my wife that!). So let me answer the question.
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