Tired of inaccurate valuations for lakefront homes? There’s an intrinsic value on lakefront property that’s been difficult to put a price on because there are so many tangible and intangible variables.
Some popular websites provide Automated Valuation Models – or “AVMs” – that can be a valuable tool for buyers & sellers…but they are notoriously inaccurate for certain types of homes…especially lakefront. AVM’s cannot account for all the variables that accompany unique locations, especially the details of the lake itself. We consistently find them to be off by 10% to 50%.
That’s why we created our own lake property valuation tool called the “CalcuLAKEr”. For New England lakefront homes, it provides a much more accurate valuation because it takes into account all the variables of the lake itself.
So if you’re a seller trying to get a feel for your market value, or a buyer looking to make an offer on your new dream lakefront home, give our CalcuLAKEr a try!
Posted by Scott Freerksen “The Lake Guy”