Magnolia Lakes Home for Sale in Gateway Fort Myers

By September 5, 2010 Market Report No Comments

Magnolia Lakes Homes for Sale

If you are looking for Magnolia Lakes homes for sale, there are a couple of pieces of information that you should know before you go any further.  Some of the information is positive, some not. 

Magnolia Lakes homes for sale

Let’s get the negatives out of the way first.   It’s kind of like ripping off a Band-Aid.  Get it over with quick and painless.  The most important negative that you should know is the problems the community has had with Chinese Drywall.  Because the homes were built in the building boom between the years of 2004 and 2007, the developer Beazer Homes had a similar issue all builders at the time had.  There was not enough supply of drywall in the country to keep up with demand.  This led some builders to go overseas, mostly to China for the drywall.  Since that fateful day, we’ve discovered much of this drywall to be defective and corrosive.  The only way that has been proven to remediate the problem is to completely gut the house down to the studs.  This is obviously an EXTREMELY costly procedure that may or may not be worth it to you.

The positives… Not all of the Magnolia Lakes homes for sale have tested positive for defective drywall.  You can get an unbelievable deal buying in Magnolia Lakes because of the turmoil the defective drywall has caused in the community.  There are foreclosures and short sales that hit the market all of the time.  If you are considering purchasing in Magnolia Lakes, I strongly urge you to consider getting a Chinese Drywall inspection, not just a visual inspection.  They have new x-ray guns that test instantly each piece of drywall in the home to ensure it is clean of the toxins.  The inspections is between $300-$400 but worth every penny.  Imagine if you found out after your spent your hard-earned money on the house that it had defective drywall.  Ouch.

Another great asset for buying one of the Magnolia Lakes homes for sale is the location.  Magnolia Lakes is located within Gateway in Fort Myers and is very near the airport and the new “Fenway South” spring training facility currently under construction for the Boston Red Sox.  These are huge assets.  Also, the community has very large square foot homes for an absolutly amazing bargain right now.

Here is the complete list of Magnolia Lakes homes for sale.  This list is updated daily, so make sure that you press the “save search” button towards the top of the page, so you can stay updated with new homes as they come on the market.   Please comment below or call me directly with any questions.

Information Provided by:

Brad Dohack
The Dohack Group of Absync Realty
p: 239-963-4811
f: 866-742-2132

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Licensed REALTOR® with Absync Realty

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