Gulf Shores - Orange Beach - Perdido Key Topics: Lake property value question?????
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Name:
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Hero
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Subject:
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Lake property value question?????
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Date:
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3/4/2010 9:26:29 AM
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I have read and heard over the years that lake property value would average $1,000 per foot of shoreline. Now, I assume if it's a really great lot (flat, point lot, nice area, etc) it could be more however if it's not so great (steep, bad view, little water, etc.) it would be less
Example - if it's a flat, large point lot with a really nice view, yard that included a nice seawall around the pennisula, a nice (but not great) house, boat house and pier in a nice (but not great) area would it be valued around the $1,000 per foot of shoreline? (more or less???)
I'm thinking about putting one the market but have no idea how it asses the value.
Any thoughts?
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