[sky's]

Originally Posted by BroadHopper

I have to disagree with you here. I sold a lakefront property during the recession in the late '90's for $300,000. In 2005, the guy 'flipped' the same property for 1.3mil! In 2007, it was foreclosed and put on auction for $700,000. The bank finally short sale for $400,000 in 2010. The current owner replace the 1800's style Victorian with a huge ugly looking Adirondacks glass house. The property is accessed by the state for $750,000. I was told he wants to put it on the market for 1.5mil. Good luck with that!

I moved on to Winnisquam for $89,000 in 1998. Current appraisal value is $135,000. Not much of an appreciation for lakefront property.

Seriously