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Fisherman11, Other/Just Looking in Spirit Lake, ID

What is a lakefront lot on the mill pond worth?

Asked by Fisherman11, Spirit Lake, ID Tue Nov 1, 2011

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4
It really depend where at on the mill pond. does it have water or sewer, is it in the back area.
If I can help you please give me a call 1-208-661-4169

Thanks Kelly Thiel
0 votes Thank Flag Link Wed Nov 2, 2011
The appraisal definition would be "the price at which a ready willing and able buyer is willing to pay and simultaneously what the seller is willing to sell if for". It takes a meeting of the minds since if you aren't willing to pay enough as a buyer and if the seller isn't willing to sell at "today's" values, it will not sell.

Real estate is not a commodity since each lot is unique (unlike an ounce of gold or silver). It is more like art in that some people will pay a premium for "art".
0 votes Thank Flag Link Tue Nov 1, 2011
Fisherman11, without knowing the location, size, water frontage, access, water and septic, etc., it is very difficult to give a correct market valuation. If you would like to email me the legal description of the property I can help you with that.
Regards,
Pam Jank
Coldwell Banker Schneidmiller Realty
pamjank@gmail.com
http://www.SellingNorthIdaho.com
0 votes Thank Flag Link Tue Nov 1, 2011
Fisherman11, without knowing the location, size, water frontage, access, water and septic, etc., it is very difficult to give a correct market valuation. If you would like to email me the legal description of the property I can help you with that.
Regards,
Pam Jank
Coldwell Banker Schneidmiller Realty
pamjank@gmail.com
http://www.SellingNorthIdaho.com
0 votes Thank Flag Link Tue Nov 1, 2011
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