Over the past few years, new homes have dominated the market in Gulfport and Biloxi MS. This is partially from unknown issues with “pre-Katrina” homes and the relatively low pricepoint of new homes. New homes in desirable subdivisions are starting in the $130k range with many nice amenities such as granite counters and tile floors. Obviously, prices go up from there, but we are not talking about a crappy little vinyl-wrap box for that and other builders are following suit.

It is feasible to even get a nice, waterfront home starting at this pricepoint. I have a builder that has averaged around $80/ft and really pays attention to the details of a home. He is able to keep his costs low because he has been using many of the same subcontractors for years and he keeps them busy (the philosophy of steady work at a steady pay is better than sporadic work at high pay).

Whether you are looking to buy a new home in a new subdivision or build a new home, contact me to assist with the process. I am typically paid by the seller or builder giving you my expertise without having to come out of pocket.

Biloxi MS Waterfront homes are hard to find at a reasonable price. After Katrina, they were abundant, but over the past 5½ years, they have become harder to find. I called it several years ago when I said that they would go back up quick, but of course it does not take a rocket scientist (no offense to the guys at Stennis) to figure out that waterfront property will always be in demand.

Biloxi currently has 145 properties listed as waterfront. Take out the condos and executive rentals, and you have 34 active waterfront listings in Biloxi that range in price from $149,900 (beautiful home on a canal from the looks of pictures) to $2.5M on the the Tchoutacabouffa river. Beachfront homes in Biloxi are not as abundant due to high commercialization but homes on the Biloxi Bay, which offers expansive views, can be picked up reasonably.

As an avid fisher and water enthusiast, I love helping people buy and sell waterfront homes and hope that I will be your first choice when you are ready. Contact me if you have interest in buying, or are looking to sell waterfront property anywhere on the MS Coast.

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Waterfront homes and lots for sale in Biloxi & Gulfport MS have been slow selling over the past year. To date (15 March 2010), from a year ago, only 7 waterfront homes have sold in the Biloxi/Gulfport area compared to 24 for the prior year period.

Prices have fallen considerably in the waterfront homes market, making some of the most desirable real estate on the Mississippi Coast within reach of many more buyers, and offering the ability to see an outstanding increase in value over the coming years.

Waterfront lots, including lots on the bay, bayou, canals, and rivers, have seen similar impacts. Some waterfront lots are seeing closed prices in the $10,000 range – unheard of. This is attributed to a huge supply, as well as a slight stigma from Hurricane Katrina. Many of these properties will see great appreciation rates in the coming years as waterfront development starts to spur again.

There are an abundance of deals in the MS Gulf Coast waterfront market. Whether you are looking for a waterfront lot, waterfront home, or a nice condo overlooking the bayou – there really has been no better time to buy.

Contact me if you have any questions about the MS Gulf Coast Real Estate Market.