The Anna Maria Island Sun Newspaper

Vol. 14 No. 27 - April 30, 2014

REAL ESTATE

House swapping in paradise

 

As indicated in last week’s column, the sale of vacation homes is soaring in the country, and, of course, the same is true on Anna Maria Island. But does owning a vacation property prevent you from perusing your dreams of traveling? If you own property on Anna Maria Island, you’re sitting on a very desirable vacation location that can also help fulfill your vacation dreams.

House swapping has been around for a long time and can be the perfect fit for second homeowners who want to put their property to work for them without outright renting. Let’s say you have a beachfront cottage on Anna Maria and you want to travel to Europe or South America or California, but don’t want the expense and inconvenience of staying in hotels. By joining one of the more than 20 home exchange groups, it’s possible to find a home in the location you want and the time frame that interests you. In exchange, you would make your cottage available at the same time.

Aside from the obvious financial advantage to house swapping there are lots of other reasons to give it a try. Living in someone’s house is essentially trading lifestyles with them, experiencing a new culture and instantly being immersed in the area’s everyday life. Sounds easy – right, but there are plenty of caveats to be aware of before diving in.

First of all you have to be comfortable with the home exchange concept. Although a vacation home may not be your primary residence it still is your family’s home which contains a lot of personal and perhaps valuable possessions. If you’re particular about your stuff, you may have to either get over it or lock it up. According to the major house swapping websites, security is almost never an issue. You have a mutual trust with the people in your home as they have with you.

Second, it could take a fair amount of research before you find the group you want to work with and then the property within the group you’re willing to exchange with. Think coordinating your adult kid’s work schedules for a family get together. Also, if you can’t coordinate your travel time with the person you’re swapping with, it may be possible to set up a non-simultaneous exchange, especially if you’re both swapping second homes.

Home exchange sites for the most part are not free and the more reputable ones charge users a membership fee to list and search for homes and to get in touch with members. Fees are across the board and can be as little as $39 for swaps within the United States or $159 for an annual fee anywhere. Some even have monthly rates, and chances are you’ll be able to find the right fit for your needs.

Some of the more well known sites are HomeLink.org, HomeExchange.com and Intervac-homeexchange.com. I have no personal knowledge of any of these, but their websites are easy to surf, and you can spend days looking at all that is available.

Third, if you’re expecting Ritz Carlton quality accommodations, you’re probably going to be disappointed. Although you can tell a lot from pictures and conversations with the owners, you’ll be setting yourself up for disappointment if you aren’t flexible.

House swapping is a unique way to take advantage of what your vacation home has to offer. It can be a great experience and an economical way for you to do some extended travel. And while you’re walking the ancient streets of Rome, your exchange partners are enjoying Anna Maria’s beaches. What could more perfect?

Real Estate Transactions
Real estate transfers as of October 1-31, 2013
Sponsored by Alan Galletto Island Real Estate

Sold Date | List Price | Sold Price | Address | Provision | Property Style

Anna Maria

01/03/2014 1,400,000 1,400,000 107 Beach Ave. 2789 150x100 4 Br/3 Ba SFR
01/06/2014 895,000 800,000 806 Gladiolus St. 2250 69x100 3 Br/3 Ba SFR
01/06/2014 317,000 470,549 205 Elm Ave. 1203 52x110 2 Br/2 Ba SFR Reo
01/06/2014 749,000 683,000 517 Magnolia Ave. 2219 75x115 4 Br/2.5 Ba SFR
01/10/2014 989,000 910,000 213 Spruce Ave. 937 105x100 2 Br/2 Ba SFR
01/22/2014 1,495,000 1,450,000 203 Spruce Ave. 696 2 Br/1 Ba SFR
01/24/2014 850,000 849,900 113 Gull Dr. 2447 91x100 3 Br/2 Ba SFR
01/29/2014 522,000 465,000 8806 Gulf Dr. 936 50x100 2 Br/2 Ba SFR
01/30/2014 510,000 502,000 524 Blue Heron Dr. 1653 3 Br/2 Ba SFR
01/30/2014 1,345,000 1,325,000 214 Spring Ave. 3189 52x145 6 Br/5.5 Ba SFR

Bradenton Beach

01/31/2014 425,000 385,000 252 17th St # 252 1268 2 Br/2 Ba Condo
01/02/2014 289,000 282,000 1801 Gulf Dr N # 238 1080 2 Br/2 Ba Condo
01/31/2014 635,000 617,500 2300 Avenue B 2832 50x100 4 Br/4 Ba SFR
01/16/2014 259,900 259,900 2515 Avenue C # A 1584 50x100 Inc.
01/31/2014 635,000 617,500 2300 Avenue B 2832 50x100 Inc.
01/10/2014 297,777 290,000 200 22nd St . 50x100 Vac.

Cortez

01/13/2014 439,000 400,000 4207 126th St. W. 3412 100x100 4 Br/3 Ba SFR

Holmes Beach

01/02/2014 330,000 315,000 5808 Gulf Dr. # 206 912 2 Br/2 Ba Condo
01/08/2014 375,000 330,000 6250 Holmes Blvd. # 65 1206 3 Br/2 Ba Condo
01/14/2014 392,900 366,250 6400 Flotilla Dr. # 96 985 2 Br/2 Ba Condo
01/16/2014 359,900 347,000 600 Manatee Ave. # 136 1179 2 Br/2 Ba Condo
01/23/2014 318,000 283,000 201 35th St .# 5 630 1 Br/1 Ba Condo
01/27/2014 279,000 265,000 3801 E Bay Dr. # 108 1121 2 Br/2 Ba Condo
01/27/2014 379,000 370,000 6200 Flotilla Dr. # 262 1266 2 Br/2 Ba Condo
01/29/2014 219,900 208,000 3000 Gulf Dr. # 6 756 1 Br/1 Ba Condo
01/03/2014 689,000 671,750 117 51st St. 1536 3 Br/2.5 Ba SFR
01/09/2014 565,000 535,000 502 83rd St. 1728 3 Br/3 Ba SFR
01/10/2014 1,049,000 950,000 509 68th St. 2546 80x102 3 Br/2 Ba SFR
01/10/2014 896,000 725,000 313 61st St. 2374 4 Br/3.5 Ba SFR
01/10/2014 799,000 772,000 213 65th St. 2184 3 Br/2.5 Ba SFR
01/23/2014 399,000 390,000 2819 Avenue B 2332 3 Br/2 Ba SFR
01/24/2014 450,000 450,000 113 31st St. 1682 50x105 3 Br/2 Ba SFR, Reo
01/24/2014 350,000 325,000 502 Bayview Dr. 1214 75x120 3 Br/2 Ba SFR
01/29/2014 598,000 565,000 5606 Holmes Blvd. 1040 3 Br/2 Ba SFR
01/29/2014 775,000 775,000 4118 5th Ave. 2786 6 Br/3.5 Ba SFR
01/31/2014 974,900 907,930 637 Key Royale Dr. 2422 100x151 4 Br/3 Ba SFR
01/13/2014 339,900 275,000 4501 Gulf Dr. # A 1325 1554x800 Inc.
01/21/2014 500,000 450,000 212 Haverkos Ct. 108x110 Vac.

Source: Manatee County Property Appraiser’s Office


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