April 01, 2009
Prices continue to fall on Delavan Lake
The recent housing statistics have not excluded Delavan Lake Property. National numbers show the average home price has declined 19 percent from January 2008 to January 2009. Delavan Lake properties have seen the same reduction in price.
Assuming that a property was priced properly in 2008, which not all were, the reduction has led to some great deals compared to last year.
Three of the best priced properties include a fully furnished condo with deeded boat slip and pier. The property is now priced at $399,000 from a high of $495,000 in 2007. The property has three bedrooms, two baths, a fireplace, and includes a boat and golf cart for the new owner.
Another properly price property is a small lakefront on South Shore. This three bedroom home has a deck just feet from the main body of the lake and has been reduced from $549,000 in 2007 to $449,999. It includes its own private pier and boat slip.
A third Delavan deal is located on the outlet of the lake. The home features 121 feet of shoreline, private pier, deck, four bedrooms and three baths. Originally on the market at $679,900, the home has been reduced all the way to $489,000.
These are truly the deals that investors and lake lovers have been waiting for.
Posted By: 
Ryan Simons
Tagged With:
condos for sale,
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and south shore
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