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As-is Deals in Lake Lotawana, MO

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5 View this home at U St Lake Lotawana MO 64086
Preforeclosure
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U St
Lake Lotawana, MO 64086
Single-Family
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3 |
2
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1,790
AUCTION: 04-04-2024
Single-Family
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3 |
2
|
1,790
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Home Value Estimator For Lake Lotawana, MO

There are currently 1,312 real estate properties in Lake Lotawana, MO, with a median automated valuation model (AVM) price of $604,030.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Lotawana, MO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Lotawana, MO, is $687,540.00, with the most expensive house in Lake Lotawana, MO, topping out at $3,798,089.00 and the cheapest home in Lake Lotawana, MO, clocking in at $23,203.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Lotawana, MO!


Rent Prices In Lake Lotawana, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Lotawana, MO, is on a rollercoaster ride. The average rent price in Lake Lotawana, MO, is $1,409.00. Indeed, when looking to rent in Lake Lotawana, MO, you can expect to pay as little as $920.00 or as much as $2,070.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Lake Lotawana, MO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Lake Lotawana, MO In 2024

Lake Lotawana is located in Jackson, Missouri, with an estimated municipal population of 2,109 residents. All of the best foreclosed homes for sale in Lake Lotawana are located in the following zip code areas on Foreclosure.com: 64086 64034. The estimated population per square kilometer (.62 miles) in Lake Lotawana is 78.


Cost Of Living In Lake Lotawana, MO

So, about how much do homes cost in Lake Lotawana? The most recent median value of resident-owned homes in Lake Lotawana is 402,257. An estimated 86 percent of households in Lake Lotawana own their homes, with an average family size of 2.73. The median household income in Lake Lotawana is 104,333, with54.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lake Lotawana, the median commute time of resident workers (in minutes) is 29.8. And last, but certainly not least, are you looking for homes to rent in Lake Lotawana? If so, the average rent price paid by renters in Lake Lotawana is 1,289, according to recent statistics.


Diversity And Demographics In Lake Lotawana, Missouri

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lake Lotawana, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lake Lotawana is 49.3, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Lake Lotawana is 67.3, with an average family size of 2.73.

The percentage of residents who report their race in Lake Lotawana is as follows:

White 98%
Black / African American 0.5%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 0%

Looking for family-friendly neighborhoods in and/or near Lake Lotawana? Or maybe you are searching for 55+ active adult communities in and/or near Lake Lotawana?

The percentage of residents who report their age in Lake Lotawana is as follows:

Under 10 10.2%
Aged 10-19 11.6%
20s 9.5%
30s 8.6%
40s 12.2%
50s 19.6%
60s 18.2%
70s 7.9%
80+ 2.4%

Best Schools In Lake Lotawana, Missouri

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lake Lotawana with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lake Lotawana.


Pros And Cons Of Living In Lake Lotawana, Missouri

How do you know that living in -- or moving to -- Lake Lotawana is right where you need to be? Perhaps you grew up in Lake Lotawana or already live nearby; therefore, the decision to buy a home in Lake Lotawana is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lake Lotawana for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lake Lotawana:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lake Lotawana.


Reasons To Move To Lake Lotawana, Missouri, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lake Lotawana can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lake Lotawana, meanwhile, can field multiple offers from more qualified buyers.

Lake Lotawana, MO As-is Deals


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