Realities of Real Estate: For sale, for sail? Homes and water access
In this area, the relationship of a property with water (meaning the Chesapeake Bay and its tributaries) has a lot to do with its value. An old shack inland might be worth next to nothing, whereas the same house on the water might morph into a million-dollar estate. In short, there is little in real estate that can have more impact on the price of a house than the ability to access, use or simply look out upon the water. Nevertheless, water features are one of the most confused and abused aspects of local real estate.