We specialize in appraising lake properties. Lakeshore properties are unique in that there are many and significant variables which contribute to value. There is the lakeshore itself which can be located on a higher demand lake (i.e. Class A lake) or a lake with lesser demand (i.e Class C lake). The site itself can also vary within the same lake depending on the amount and quality of the lakeshore, the elevation, the location within the lake or lake chain, etc. There is also the dwelling which can sometimes have a significant factor in the analysis of the value of a lake property. Buyers on certain lakes (i.e. Class A lakes) will typically desire a higher quality of dwelling since the lakeshore value is so high whereas dwellings on lesser class lakes are typically constructed of fair quality (i.e. seasonal cabin) to average or good quality but not normally of excellent quality construction. Of course, there are dwellings of all types of quality on just about any lake. However, the analysis of lakeshore properties requires specialized skills and abilities as well as a good, solid overview and knowledge of the area lakes and which are comparable to which.
We specialize in lakeshore properties and analyze site values from a variety of appraisal methods including similar site sales, extraction methods, and land-to-building ratios comparing, analyzing and reviewing each aspect of the subject and possible comparables in order to find the best possible comparables in regards to the site value and building size, style and quality. Don't trust your lakeshore property to just any appraiser. You can have confidence that we will spend the extra time necessary in order to estimate an accurate appraised value for your property. |