Is now the time to buy a lake lot Up North?
I am getting asked this question quite often these days. With the inventory of existing waterfront cabins being extremely low, there are not very many nice/newer cabins with the northwoods feel on the market. Buyers should consider purchasing a lake lot, and building what they really want on it. Lake lot prices are still lower than they were 5 years ago, especially on the larger lakes. With this fact and with interest rates still being low, it makes sense to build what you want in today’s market.
Want to get started looking for your vacant lake lot? Give me a call at 715-892-3331.
P.S. I have a great lender I work with that is able to do fixed rate financing on vacant land and lake lots with terms as long as 30 years! Contact me to find out more.