In real estate, two identical homes can be listed for different prices. Typically homes are valued based on recent sales comps in the area, homes currently listed on the market, the condition of the home under consideration, and additional features the home has. But, how much does location play a part in the final price, and more specifically how much value does being located next to a body of water, add to the value of a home? Whether your home is located on or near a body of water, you may benefit from an appreciation of value in the property.

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