Maceday and Lotus Lakes- Houses Were More Expensive in 2010 Than in 2009
Maceday and Lotus Lakes are all sports lakes in northern Waterford MI and spilling over into Clarkston MI. The 2 lakes are connected for a total 419 acres. There were 12 sales on Maceday and Lotus Lakes in 2009 ranging in price from $76,000-$590,000. In 2010 there were 13 sales ranging in sale price from $100,000-$475,000.
A little bit more detailed breakdown of the sales for Maceday and Lotus Lakes:
2009 there were 3 bank owned sales
2010 there was 1 bank owned sale
2009 there were 3 short sales
2010 there were 7 short sales
2009 76% of the sales were under $200,000
2010 38% of the sales were under $200,000
2009 8% of the sales were between $200,000 and $300,000
2010 32% of the sales were between $200,000 and $300,000
2009 16% of the sales were over $300,000
2010 30% of the sales were over $300,000
Are home priceson Maceday Lake and Lotus Lake on the rise? Or were there just nicer houses for sale in 2010? I think it may have been some of both.
On Feb. 11, 2011 there were 4 sales pending ranging in asking prices from $204,900-$789,877 and only 1 of those was a distressed sale (1 short sale and 3 regular sales).
On Feb 1, 2011 there were 9 active listings on Maceday and Lotus Lakes ranging in asking price from $200,000-$3,800,000- 1 short sale, 0 bank owned listings with the rest being regular sales.
Maceday and Lotus Lakes are all sports lakes- great for the water skier or jet skierin the summer and snowmobiler in the winter.There is a public access site at Williams Lake Rd just east of Maceday Lake Rd.
For the fisherman, Maceday Lake is a designated trout lakeand was stocked last fall with 1,000 lake trout with some of the fish being up to 18 inches long and ranging in age from 2-4 years. Maceday Lake was also stocked with 12,000 rainbow trout in 2010 and another 12,760 rainbow trout in April, 2010. It was stocked with 15,000 splake (brook trout/lake trout cross) in March of 2009 and 13,300 in April of 2010.
In 2005 sale prices on Maceday and Lotus Lakes ranged from $245,000 - $1,150,000.
Please don't hesitate to contact me if you are considering buying or selling a home on all sports Maceday Lake or Lotus Lake.
Keller Williams Realty
from flickr courtesy flyfshrmn98