Higgins Lakefront Real Estate Sold Market Continues

By Ken • November 17th, 2009

Higgins Lakefront real estate continues to be in demand as buyer’s realign their investment portfolios.

Buy Higgins Lake, It's On Sale

Buy Higgins Lake, It’s On Sale

From January of this year to November 3rd, 17 lakefront properties on Higgins Lake have SOLD. The average LISTING value was $477,717 and the average SOLD value was $408,552 for the period.

The LOWEST LISTED price was $159,000 with the LOWEST SOLD price being $132,000.

The HIGHEST LISTED price was $899,000 with the HIGHEST SOLD price being $785,000.

Keep in mind that some of the properties were reduced from their ORIGINAL PRICE  before they sold. This is important information for you to know, because  unless you understand this going into the market you will not have a realistic view of how the market has continued it’s downward trend in values. Lakefront values will rise again. So now is the time to invest in the GOLD STANDARD of America, Real Estate! Money is printed, gold is minted but land is a limited tangible asset to acquire, the law of supply and demand will reward you well in the long term.

Of  the 17 SOLD properties only 1 SOLD for more than it was listed for. It was on the market for 88 days, was LISTED for $398,000 and SOLD for $400,000. The property was purchased for the land value. The home on the property was old and is probably being torn down.

For a complete data list of the Higgins Lake market and the opportunity to have a detailed review with me about how you can make the best investment decisions in the these changing times, contact me and I will send you the complete chart of information on Higgins Lake. After you receive the data and digest it feel free to call me with questions about the Higgins Lake waterfront market.

Disclaimer: Information contained herein is not guaranteed and is subject to change without notice. Data is complied from the Paul Bunyan MLS Inc.

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