It must be close, because it is pending now.
I was the listing agent that sold the cabin next door for $112,000 last year. These cabins were part of a old resort and are similar, but this cabin has a large deck and the privacy having no one to the South. Farm Island is a premier lake and the beach is outstanding.
If you are comfortable with being a part of an association, it is an affordable way of getting on a lake with good water quality, over 2000 acres and good fishing.
Can I help you with your search? Helpful George 952-913-0346
By definition, market value is the price at which a buyer is willing to purchase and a seller is willing to sell a property. The ultimate idea of worth is up to you and the seller.
In MN a great illustration of that concept is a swimming pool. Some people love pools and other see our climate as not conducive to having a pool and simply see them as work. The buyer who likes pools is likely willing to pay more for a house with a pool than the buyer who doesn't see there utility.
Keller Williams Premier Realty