So far, this is shaping up to be a good year for sellers of Waupaca Chain O' Lakes properties! With six Chain O' Lakes properties sold already this year and, with two more under contract and about to close, this summer is showing "signs" of being a great year for Chain sellers. And, don't forget, three large new homes have been recently, or will be soon, completed on the Chain O' Lakes.
By comparison, during all of last year a total of eight homes sold on the Chain O' Lakes in Waupaca. And, nine changed ownership in 2010. We are still not near the transaction numbers occurring on the Chain back in 2007 when 15 waterfront properties changed hands however, now looks like a much better time to be a seller, than in the recent past.
If you are considering buying a Chain property you may want to consider that the waterfront property market could be at the bottom as more buyers being in the market place tends to firm up or even move up real estate prices on waterfront properties more quickly than properties not on the water. However, waterfront property values tend to be difficult to figure as illustrated by the fact that most Chain sales recently have happened very near or below the tax bill fair market value. But, the highest priced sale this year occurred way above assessed fair market and the lowest way below assessed fair market.
As a result, if you are considering buying or selling it is important to work with an experienced waterfront Realtor as there are all kinds of unique twists and turns to buying or selling waterfront property. I live on the Chain, have been very involved in matters around the Chain having served on the Chain properties owners' association board for many years and having sold numerous waterfront properties so, you can work with someone who can truly bring value. Call 920-889-9989 or e-mail me at Steve@Huhta.com anytime.
For a complete list of all Chain or other waterfront properties for sale or to get a list of everything that has sold- please visit www.WaupacaWaterfront.com This site will also provides a 17 page custom written "Waterfront Buyer's Report" that can save you tons of headaches. And, for those of you thinking of selling, get a custom written report that will help you attract the most out of town buyers at www.SellMyChainProperty.com
Ya, I track and analyze every waterfront property transaction so you do not have to.
Or, to receive a valuable Waterfront Property Owners email newsletter that also contains expert analysis of waterfront property transactions and, so you are the first to know . . . www.Lakes-Info.com
