Monday, November 22, 2004

Sugar Springs - Quest for Quality Waterfront Lots

Waterfront lots in Sugar Springs Michigan and beginning to become something of an endangered species. Of course, there are still some out there, but they are becoming rare. Most of the choice lots have either been built on or are not currently on the market to purchase. Because of this, prices have skyrocketed!

I've noticed a trend in the past couple of years. Lots that had sold for $90,000 in 2002 are selling for $130,000 and up, today. One lot on main Lake Lancer sold for a whopping $200,000 this past September! Currently, there are two choice lots for sale from $189,900 to $240,000. Both of these lots are located on Lake Lancer. Other lots on the main Lake Lancer are going for $135,000 and up. Lots on channels are averaging $79,900 to $98,500.

Currently, there are no available lots for sale on the smaller lake (Lake Lancelot). The only lot for sale this fall on the main Lancelot is currently pending sale.

So, if you're looking for a waterfront lot in Sugar Springs in the near future, you'll want sign up for my auto email service at http://SugarSprings.GladwinRealEstateAgent.com/ss-info and get alerts when new listings become available. I've also recently written all of the waterfront lot and home owners, letting them know that I have several buyers looking for lots or waterfront homes. I've already gotten a few responses. Some many not list or offer them up for sale until after the first of the year or spring.

Also, for a list of Sugar Springs lots currently for sale, please visit http://SugarSprings.GladwinRealEstateAgent.com/waterfrontlistings

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