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Rent To Own Homes in Watersmeet, MI

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Watersmeet, MI Foreclosures

How much do homes sell for in Watersmeet, MI?
The average home price is currently $361,917.
In Watersmeet, MI, how many homes are available?
There are currently 8 active home listings available in Watersmeet.
What’s the average rental cost in Watersmeet, MI?
The average rental price in Watersmeet is $1,383.
What is the most expensive home in Watersmeet?
The most expensive home sold in Watersmeet had a price of $1,790,298.
What is currently the cheapest priced home in Watersmeet, MI?
The cheapest home for sale in Watersmeet is priced at $16,650.

Living in Watersmeet, MI

Watersmeet is a small, picturesque community in Gogebic County, surrounded by the natural beauty of northern Michigan. Known for its serene lakes and lush forests, it offers a tranquil lifestyle away from the hustle and bustle of city life. This charming area attracts outdoor enthusiasts with its variety of recreational activities such as fishing, hiking, and snowmobiling.

Current Market Conditions in Watersmeet, MI

The real estate market in Watersmeet is characterized by a steady demand for vacation homes and properties catering to outdoor enthusiasts. As more people seek refuge in rural areas, property values are showing positive trends, making it a promising market for buyers and investors alike.

In recent years, more individuals have discovered the charm of Watersmeet as a vacation destination, which has contributed to an uptick in real estate interest. This trend is expected to continue, promoting further growth in the local housing market.

Home Value Estimator For Watersmeet, MI

There are currently 210 real estate properties in Watersmeet, MI, with a median automated valuation model (AVM) price of $298,453.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Watersmeet, MI, 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 Watersmeet, MI, is $361,917.00, with the most expensive house in Watersmeet, MI, topping out at $1,790,298.00 and the cheapest home in Watersmeet, MI, clocking in at $16,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Watersmeet, MI!

Rent Prices In Watersmeet, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Watersmeet, MI, is on a rollercoaster ride. The average rent price in Watersmeet, MI, is $1,383.00. Indeed, when looking to rent in Watersmeet, MI, you can expect to pay as little as $570.00 or as much as $2,060.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Watersmeet, MI -- 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.

Watersmeet, MI Rent To Own Homes

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