Aggressive Pricing Keeps Delavan Lakefronts Selling

     We have all heard that it is Location, Location, Location when it comes to real estate.  With Delavan Lake properties, it is also becoming Price, Price Price.
     Take for example the most recent sale on the North Shore of Delavan Lake.  A beautiful new construction home sat on the market for over four years.  The location on Willow Point placed the four bedroom, three bath home in a protective bay with expansive lake views and tranquil waters.

     The price, initially listed for $1,450,000, proved to much to overcome, however.
     After chasing the market for the entire four years, the owner finally succumed to an offer of merely $700,000.  Wow.  What a sacrifice, right? That's 48 percent of the original list price.
     Perhaps not.  The home was only assessed for $711,400, a mere two percent premium to the selling price.  While assessed values are not always accurate.  This one was right on the money.
     Properly priced properties are selling on Delavan Lake.  Buyers are finding the values and moving on them when they represent solid value.

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