China Lake Topics: Help on property value
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I also think this estimate is close, but it all depends on the property. The house next to mine sold for around 680K less than 2 years ago, and is back on the market for over 1.3M (who knows if it will bring that, but nothing much will surprise me anymore) There are so many variables like location, neighborhood, lot, view, etc. that play into the lake house scenario. If you like something, make an offer that you can feel good about.....over time, I doubt you will lose money.
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