Real estate practitioners vary on how much and how quickly the $2.6 billion Baha Mar project will impact real estate prices in western New Providence, but estimates are as high as a 30% increase by this time next year.
Garnett Ellis, president of Landmark Realty Investments & Appraisal Services told Guardian Business in an interview that such an increase for properties in the immediate vicinity of the development could be ‘easily’ realized, once the right conditions continue to develop.
“If Baha Mar is to get on the road and we have persons back on the job making some money, and once the US moves along, I suppose that around late next year, about October we could see ...

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