Michigan Waterfront Property on the Rise Along the Lakeshore
Lake Michigan waterfront property is on the rise along the lakeshore of West Michigan. The price of real estate on Lake Michigan property from Saugatuck on north thru Grand Haven and Spring Lake is on the rise. Waterfront properties in Michigan have always been highly sought after.
While other residential properties in the Grand Haven and Spring Lake area have maintained there value the Lake Michigan waterfront properties in our area and surrounding has risen already this year up 13%. This is expected to rise in the coming months as we say good-bye to winter. The price of waterfront properties in Michigan will continue to affect the whole area.
Added with the new construction going on with the Grand Landing and the proposed Country Suites Hotel on our waterfront real estate, this could bring in more potential buyers visiting our area.
Grand Haven and Spring Lake are great places to live and raise our children, but we do pay a premium with our property taxes. We could chose to live inland away from the Lake Michigan shoreline, but this is why I live here is because of the waterfront. I don’t complain about the price of real estate when summer is here and I am enjoying this community and visiting the other communities along the lakeshore.
I do not know how much the rise in waterfront properties is going to affect our property taxes when we get the tax bill for next year, but I am not even going to worry about that while I am enjoying the reason I live here this summer. Lake Michigan waterfront property is hopefully always going to be at a premium. With the real estate sales decline, we are fortunate that we here in the Grand Haven, Spring Lake and surrounding areas have not been hit by the market bust. Just go inland a few miles and see how property values have plummeted.

5 Responses to “Michigan Waterfront Property on the Rise Along the Lakeshore”
By Mike Harmon on Mar 14, 2008 | Reply
I came across your blog on Technorati. Nice site layout. I will stop by and read more soon.
Mike Harmon
By Susan Zanzonico on Mar 15, 2008 | Reply
Nice article…can’t beat waterfront property…its my ultimate perfect place to live!
By djnuttal on Mar 20, 2008 | Reply
Susan, I love the waterfront also that is why I live here on Lake Michigan, but we do pay a premium price for living on the lake.
By Newport Realty on Nov 9, 2009 | Reply
Wow I like waterfront property!!! It is really good news for the realtors of lakeshore that demand of home is being increasing here. It is the best time to do some investment here since the price of properties will increase in future. Thanks for sharing such a nice stuff here.