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Foreclosures in Washburn, ME

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Living in Washburn, ME

Washburn, ME, is a quaint small town known for its agricultural roots and strong community ties. With a variety of outdoor activities and essential amenities, it offers a peaceful environment for families and individuals alike. Residents can enjoy the beauty of Maine's nature while being part of a supportive local community.

Current Market Conditions in Washburn, ME

The real estate market in Washburn is currently stable, with a growing interest in affordable housing options. The community is attracting individuals looking for a quieter lifestyle, which has led to an increase in home renovations and new constructions. As remote work becomes more prevalent, more buyers are considering locations like Washburn for their ideal homes.

Investors in the area can find a variety of properties ranging from modest single-family homes to larger estates. The demand for real estate in rural Maine has been steadily increasing, making Washburn an attractive option for long-term investment potential.

Home Value Estimator For Washburn, ME

There are currently 672 real estate properties in Washburn, ME, with a median automated valuation model (AVM) price of $127,648.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Washburn, 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 Washburn, ME, is $140,121.00, with the most expensive house in Washburn, ME, topping out at $1,168,928.00 and the cheapest home in Washburn, ME, clocking in at $13,755.00. In other words, there’s something for every potential homebuyer or savvy investor in Washburn, ME!

Rent Prices In Washburn, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Washburn, ME, is on a rollercoaster ride. The average rent price in Washburn, ME, is $999.00. Indeed, when looking to rent in Washburn, ME, you can expect to pay as little as $970.00 or as much as $1,350.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Washburn, 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.

Washburn, ME Foreclosures


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