Youngsville Real Estate Truisms Might Not Apply Everywhere

Dated: 05/24/2018

Views: 228

homes for sale in youngsville


Youngsville homeowners used to be able to rely on some real estate truisms that have been around forever. One of them was Mark Twain’s, “Buy land; they’re not making it anymore.” Another came from homespun humorist Will Rogers: “I been buying ocean frontage because they aren’t making any more of it!” You might think the old sayings would be around for a while longer, but last week there were two pieces of news that could put that in doubt.


Last Friday came the CNBC report about a pilot program to create communities that are “off the grid and on the ocean.” It’s called “The Floating Island Project.” Its promoters envision a future with hundreds of new countries that float on the ocean. But Youngsville residents who might dream of becoming “seasteaders” will have to wait a while before their own island country can be built and floated. Although seasteading.org points out that “yesterday’s science fiction is tomorrow’s science fact,” in this case, tomorrow seems likely to arrive behind schedule.


The first island is slated to consist of twelve buoyant platforms floated in a French Polynesian lagoon. The 35’ wide country will support homes, shops, community spaces, a number of tech startup business ventures—and its own government. But Youngsville residents aiming to escape terra-bound property taxes would be wise to exercise caution, since the costs of construction seem to be in the optimistic stage, at “up to $50 million.” As CNBC says, the details are “in the works.”


The second, less amusing exception to the Twain/Rogers truism is currently making headlines that are more prominent and a lot scarier. The land mass of Big Island Hawaii is demonstrating the millions-of-years-old volcanic process of gradually creating a new island. The newbie is named Loihi (“long” in Hawaiian). Mark Twain’s observation about not making more real estate didn’t specify a timeline, but it should remain apt for the near term. Loihi won’t break the ocean’s surface for about 50,000 years…


Fortunately, the reality for Youngsville residents who are readying a residential move of their own can count on being able to list and sell a good deal more rapidly. Give me a call for a no-obligation discussion of what you can expect in today’s market!      


Ted M. Daigle

www.listingwithted.com


Blog author image

Ted Daigle

About Ted Daigle – Realtor Having the right real estate agent means having an agent who is committed to helping you buy or sell your home with the highest level of expertise in your local market. T....

Latest Blog Posts

THE RIGHT DOWN PAYMENT STRATEGY FOR YOU

You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and

Read More

5 NEGOTIATING TACTICS THAT KILL A SALE

Negotiation is a subtle art in real estate, but skilled negotiators can usually find some common ground that satisfies all parties. On the other hand, using the wrong negotiation tactics can sink a

Read More

Lafayette, LA Real Estate Transactions

Be sure to bookmark this page to see all the latest Real Estate Sales Transactions occuring in Lafayette Bonus Links:All Properties Currently For Sale in Lafayette ParishLafayette Market

Read More

What do Terms Like “DHSC” Mean to Lafayette Homeowners?

Buyers and sellers are more well-informed than ever before due to easy access to online Lafayette real estate sites (like mine—and BTW, thanks for stopping by!). Given the advent of constantly

Read More