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Preforeclosure Homes in Machias, ME

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Living in Machias, ME

Machias, Maine offers a unique blend of small-town charm and natural beauty. With a variety of outdoor activities, community engagement, and essential local amenities, it stands out as a great option for families and retirees. The rich history and scenic surroundings make it a delightful place to call home.

Current Market Conditions in Machias, ME

The real estate market in Machias is currently stable, with a slight uptick in property values due to increased interest in rural living. Many buyers are drawn to the affordability of homes combined with the quality of life and access to nature.

Investment opportunities exist in both traditional residences and vacation rentals, as there is a growing demand for rentals in coastal areas. Overall, the market appears promising for investors looking for long-term appreciation and rental potential.

Home Value Estimator For Machias, ME

There are currently 721 real estate properties in Machias, ME, with a median automated valuation model (AVM) price of $191,328.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Machias, ME, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Machias, ME, is $236,649.00, with the most expensive house in Machias, ME, topping out at $7,854,220.00 and the cheapest home in Machias, ME, clocking in at $20,818.00. In other words, there’s something for every potential homebuyer or savvy investor in Machias, ME!

Rent Prices In Machias, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Machias, ME, is on a rollercoaster ride. The average rent price in Machias, ME, is $989.00. Indeed, when looking to rent in Machias, ME, you can expect to pay as little as $820.00 or as much as $1,350.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Machias, ME -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Machias, ME Preforeclosure Homes


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