Property Q&A in 49107>Question Details

Mike Bulat, Home Buyer in 49103

Why is the $24,000.00 rise in price?

Asked by Mike Bulat, 49103 Wed Feb 4, 2009

If housing prices have been falling, they why did this sell for $225,00.00 in 1-27-2006 and now it's $249,000.00 with no improvements in the past 3 years ? Thank You

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Waterfront property in Southwest Michigan has held it's own through the tough housing times. Alot has to do with buyers coming from larger cities to puchase these properties.
I am a Buchanan resident, and have been working with many waterfront home buyers and sellers.
I would be happy to look into comparable sales and or other available waterfront properties.

Paul Dumke
0 votes Thank Flag Link Thu Feb 5, 2009

I understand your concern. Keep in mind that every market is different, so home values for a lakefront home may have increased, or, in this version, the agent may not have included recent improvements in the ad. They may only be available in the home.

I suggest contacting Mark Skene and asking. (or have your agent call)

Phone: (269) 683-7238
Web Reference:
0 votes Thank Flag Link Wed Feb 4, 2009
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