Skyrocketing prices – White Lake Homes for sale

Lately we are seeing skyrocketing price on White Lake homes for sale.  Last year the highest per square foot price was $194.5 a square foot for a slab ranch.  The next highest price on White Lake was $168.1 a square foot.  Even the largest house on White Lake (1888 Lockwood) sold for $1,100,000 at $106 a square foot.

White Lake White Lake Township MI

White Lake White Lake Township MI

This year in 2013 there are 4 White Lake homes for sale that are breaking that square footage price.  It should be very interesting to see if any of these four homes sell at these prices.

We have  a         2751 square foot ranch with finished walkout listed at                                 $1,200,000              which comes to $436 a square foot not counting the finished walkout.

3323 square foot contemporary home with finished walkout listed at      $1,495,000               which comes to $449 a square foot not counting the finished walkout

2789 square foot ranch with finished walkout listed at                                  $929,000                 which comes to $333 a square foot not counting the finished walkout

2163  square foot ranch with finished walkout listed at                                   $799,000                 which comes to $369 a square foot not counting the finished walkout

 

Sunset on White Lake in White Lake MI

Sunset on White Lake in White Lake MI

All of these homes are newer built lakefront homes.  So that along with some of the lots are driving the price jumps.  I will be happy if any of these homes sell at these prices as it will signal a real turn around in White Lake home prices.  Then the next hurdle these owners will have to face is getting the house to appraise at those prices.  You just never know what todays appraisers will come in at.

Think White Lake is too far out then maybe Commerce Lake in Oakland County Michigan is close enough to I-96 and M-5 for you.

 

White Lake sunset White Lake Township Michigan

White Lake sunset White Lake Township Michigan

 

 

My White Lake homes for sales tip of the day:

Just because everybody is listing at a certain range does not mean anything.  What really you should be looking at is what has sold.  How does your house compare to those house?  When selling a White Lake home for sale you can look at all of White Lake Michigan and also Highland Township for real estate comparables.  It is very important to consider the lakes when comparing a home.    You can never compare a home on a big lake such as Oxbow Lake White Lake Twp, or Duck Lake Highland Township to a house on Mandon Lake in White Lake Township.  Size of the lake makes a big difference in lakefront home prices.  If you are looking to buy a lake home Join my Oakland County VIP home search Oakland VIP Club get the latest Oakland County foreclosures emailed to you, so you do not miss out on the best deals. 

An example of homes on White Lake in White Lake MI

An example of homes on White Lake in White Lake MI

Here are three links to local lakes

Our goal is get the best financial deal for our clients.  We work hard negotiating out the terms so you end up with more money in your pocket.  I have a cottage on White Lake so I know the lake well so feel free to call me with questions (248) 310-6239

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