Think Real Estate
Matt Griffitts
Realtor®
Residential Properties
Enjoying Each Step Along The Way
I was born and raised on Panama City Beach and embrace everything the panhandle has to offer. I was extremely honored to be the chairman of the board of directors of Panama City Beach Chamber of Commerce in 2020. My wife Patrice and I built and sold a successful insurance agency and I am also a licensed building contractor in the State of Florida. Our love for the real estate market along with The Think teams’ community involvement, made us forming the Griffitts Group at Think Real Estate the obvious decision.
When you THINK REAL ESTATE, THINK MATT GRIFFITTS.
The Griffitts Group at Think Real Estate
We are Patrice and Matt Griffitts and we are The Griffitts Group at Think Real Estate. Our love for the real estate market has always been a focus in our careers. Together we built and sold a successful insurance agency focusing on home insurance in the Panhandle of Florida. Patrice has experience underwriting loans and Matt is a licensed building contractor. Let our experience and deep local roots help you in your next real estate transaction. When you THINK REAL ESTATE, THINK THE GRIFFITTS GROUP.
skill bars
A Licensed Certified Building Contractor
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Real Estate Negotiations
97
Market Research & Expertise
95
Coming Up With Something Funny To Put Here
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Are you ready to buy, sell, or invest in Bay County, Florida?
Call Think Real Estate and talk with our dedicated real estate team.
850-270-4200
Think Real Estate
Buy Land and Build A Home or Buy An Existing Home in Bay County
Your future home awaits and we are here to help.
Are you in the process of locating your next dream home? If you are, you may be considering the differences between buying land and building new versus buying an existing home. Both of these options can be great, but each has a different journey to completion.
Fortunately, the real estate market in Bay County, Florida is still activity pushing along. And while there is not as much inventory, compared to 2020, there are still land & homes for sale across our wonderful community.
You can buy a neighborhood lot in a beachy or in-town community, or possibly find acres of land in the northern part of Bay County to start your own farm. Lynn Haven has become a very popular community to call home and the Cove has long been a wonderful community for those seeking to be near downtown Panama City. Lots and lots of choices to create a future that is uniquely you.
It is far more complex to buy land and build a home than it is to buy a home that is already built and move-in ready. Someone has to be available to make the continuous decisions that go along with such a project. And it is often times more expensive, too. Land costs, architectural design, permits, foundation work, framing, site work, exterior finishes, interior finishes, mechanical rough-ins— the details can add up rather quick. When building a custom home, $350,000 doesn’t build a palace in Bay County in 2020. Here is an example of what a $350,000 build budget would look like:
- Architectural Design: $17,430.00
- Site work. Design, Permit fees, inspections, etc.: $7,810.00
- Foundations. Excavation, concrete and retaining walls: $38,685.00
- Framing. Sheathing, trusses, etc.: $44,930.00
- Exterior finishes. Roofing, windows, and doors, etc.: $75,245.00
- Interior finishes. Drywall, flooring, insulation, paint, lights, appliances, etc.: $77,840.00
- Major systems rough-ins. Electrical, HVAC and plumbing: $35,445.00
- Hardscapes and softscapes. Driveway, fencing, landscaping, shed, etc.: $49,490.00
In contrast, the same budget of $350,000 can buy an existing home or condo, land included, that is move-in ready and waiting to welcome you home. And with the inventory in the Bay County Real Estate MLS, you can likely find your new home or investment project without too much effort.
Whichever your choice may be, Think Real Estate has two convenient offices in Bay County, Florida to serve your real estate needs. Our beach office is on Middle Beach Road, just east of Shipwreck Island Water Park, and our in-town office is on Martin Luther King Jr. Blvd., about one mile north of the mall. Both of our real estate offices offer the same high-quality service and personable, professional, dedicated Realtors. Contact us today to get started.
