Aren’t we lucky to live in Wisconsin and/or Michigan? Read this:

When the Dock Is Worth More Than the House

By Ben Casselman From The Wall Street Journal Online

The most valuable piece of a waterfront property isn’t always the land. Sometimes, it’s the dock.

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I used the LakePlace.com Price Index Tool to take a look at the current prices of Wisconsin lakefront property for sale. At about this time last year the Wisconsin Realtors Association had indicated that the average price for a Wisconsin lake lot was at about $165,000. Despite what we all hear on the nightly news about the bursting real estate bubble, it seems that the demand for Wisconsin lake property continues to rise. (more…)

By Christine Dugas, USA TODAY

The Mackinac Bridge connects the Upper Peninsula of Michigan to the Lower Peninsula. The U.P., as the Upper Peninsula is called, stands apart, geographically and economically, from the lower land mass. (more…)

Wisconsin Department of Revenue

Housing Market Show Modest Growth

August 15, 2007

“recreational and waterfront properties in many Wisconsin communities, often undeveloped land, continue to show growth. Undeveloped, Agricultural Forest and Forest lands have shown increased values overall by 6.02%, 6.28% and 7.54%, respectively.”

Read full report here:

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