Lake, bay and river home appraisals
Waterfront homes are harder to value than homes in town because fewer of them sell, and no two share the same frontage, water depth, view or access. A good appraisal finds the closest real sales on comparable water and explains every adjustment, so a lender, an estate or a buyer can follow the number.
Why the sales are hard to find
On a small inland lake there may be only a handful of sales in a year. The appraiser may need to reach further back in time or to a similar lake nearby, and should say why in the report. Seasonal cottages, island homes and properties reached by ferry add their own questions about access and use.
Water in Julie's area
Grand Traverse Bay, Lake Michigan and the Straits of Mackinac, plus inland lakes such as Torch Lake, Elk Lake, Glen Lake, Lake Leelanau, Crystal Lake, Long Lake, Lake Charlevoix, Walloon Lake, Crooked Lake, Portage Lake, Hamlin Lake, Lake Cadillac and Lake Mitchell, and the Les Cheneaux Islands.