Aug 16

10 Most Affordable Lake Towns

10 Most Affordable Lake Towns

Lakefront homes may offer home buyers a chance to buy a waterfront property at a more affordable price than a vacation home on the ocean. Some of the least expensive lake towns may not be as well-known, but they offer house hunters a chance to live on the water and still enjoy the activities and views that go along with that.

“There has been a steady uptick in the number of people seeking out homes in lake towns over the past few years,” Glenn S. Phillips, CEO of Lake Homes Realty, based in Hoover, Ala., told realtor.com®. “Many of those [buyers] seek out the more rural lake towns where homes may be relatively more affordable than at larger lakes or at lakes near cities.”

Realtor.com® researchers analyzed more than 11,000 lake towns to rank the most affordable waterfront areas for 2022. They factored in affordability by analyzing median home list prices over the past year but also factored in other metrics like the number of restaurants and entertainment venues. Researchers limited their rankings to just one city per state to ensure geographic diversity.

  1. Sulphur, Okla.: $224,000 (median home list price)
  2. Spirit Lake, Iowa: $301,000
  3. Watertown, S.D.: $315,000
  4. Winsted, Conn.: $260,000
  5. Ketchikan, Alaska: $420,000
  6. Lake Placid, N.Y.: $279,000
  7. Sandusky, Ohio: $158,000
  8. Ashland, Wis.: $146,000
  9. Cheboygan, Mich.: $248,000
  10. Lake Ariel, Pa.: $307,000

Source: 

Realtor.com®

©National Association of REALTORS®
Reprinted with permission

admin

For all of your Real Estate needs, place yourself in the competent hands of a career Realtor who is a Philadelphia native and Delaware County resident. Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both.

Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary.

Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that “perfect” property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently.

When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting – or exceeding – his clients’ expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame.

For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania… call Anthony DiDonato.