Beyond the many lifestyle reasons for buying a lake home, you can be confident that it’s also one of the hardest working assets in your portfolio.
Team Trimble found that while non-lake home values in Lake Country went up by 41% from 2018 to 2022, lake homes more than doubled that rate of appreciation. In fact, in that 5-yr period, lake homes appreciated by a staggering 124%.
In 2023, the median sales price of lake homes went up from $1.39 million to $1.4 million. And it looks like homeowners were holding on to these precious assets more than in the past – 71 homes were sold in 2023 compared to 99 in the previous year.
Okauchee & Pewaukee sold the most number of homes in 2023 at 24 and 14 respectively
Buying and selling lakefront property has complexities far beyond the typical real estate sale. As one of Lake Country’s premiere real estate firms with nearly $100 million in lake sales since 2014, our team has the authority, inside scoop and proven strategies to deliver results. You can count on us as your trusted advisors for expert guidance every step of the way.
So go on, have a nosy look at the homes that sold last year, we know you can’t resist! And if you’re in the market to buy or sell, don’t hesitate to reach out to us.
Top 10 Lake Sales
