Chain Properties Selling for Under $450,000: Half Still Closing Less Than Assessed Value
Steve Huhta Remax

Waupaca Chain News and Info

https://www.facebook.com/WaupacaChainOLakes

Chain Properties Selling for Under $450,000: Half Still Closing Less Than Assessed Value

Waupaca Chain O Lakes Below 450000 sold

While most Chain houses selling for over $450,000 continue to sell for more than their assessed tax value, almost half the properties selling for under $450,000 are bringing less than their assessed tax value. While this trend was more dramatic a few years back, it is still an interesting trend when compared to how the higher priced properties on the Chain are doing compared to their assessment.

In the end, it appears, Chain buyers are willing to “pay the price” for the better quality water frontage and a larger home?