Rent To Own Homes in Watersmeet, MI

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Wilbur Rd
Watersmeet, MI 49969

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Home Value Estimator For Watersmeet, MI

There are currently 182 real estate properties in Watersmeet, MI, with a median automated valuation model (AVM) price of $250,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Watersmeet, MI, 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 Watersmeet, MI, is $279,292.00, with the most expensive house in Watersmeet, MI, topping out at $947,000.00 and the cheapest home in Watersmeet, MI, clocking in at $43,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Watersmeet, MI!

Rent Prices In Watersmeet, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Watersmeet, MI, is on a rollercoaster ride. The average rent price in Watersmeet, MI, is $1,400.00. Indeed, when looking to rent in Watersmeet, MI, you can expect to pay as little as $610.00 or as much as $2,060.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Watersmeet, MI -- 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.

Foreclosure Homes in Watersmeet, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Watersmeet, MI area at Get information on foreclosure homes for rent, how to buy foreclosures in Watersmeet, MI and much more. Save thousands at closing with home foreclosure listings in Watersmeet, MI — up to 75% off market value!

Top Reasons To Live In Watersmeet, MI In 2021

Watersmeet is located in Gogebic, Michigan, with an estimated municipal population of 400 residents. All of the best foreclosed homes for sale in Watersmeet are located in the following zip code areas on 49969. The estimated population per square kilometer (.62 miles) in Watersmeet is 16.

Cost Of Living In Watersmeet, MI

So, about how much do homes cost in Watersmeet? The most recent median value of resident-owned homes in Watersmeet is 62,382. An estimated 86.9 percent of households in Watersmeet own their homes, with an average family size of 3.09. The median household income in Watersmeet is 32,639, with8.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Watersmeet, the median commute time of resident workers (in minutes) is 20.5.

Diversity And Demographics In Watersmeet, Michigan

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 Watersmeet, 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 Watersmeet is 46.7, split between 49 percent male versus 51 female. The percentage of residents who report being married in Watersmeet is 67.7, with an average family size of 3.09.

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

White 75.5%
Black / African American 0%
Asian 2.3%
American Indian / Alaskan Native 17.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5%
Other 0%

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

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

Under 10 21.6%
Aged 10-19 1%
20s 12.3%
30s 5.5%
40s 11.5%
50s 12.8%
60s 17.8%
70s 13.6%
80+ 4.3%

Best Schools In Watersmeet, Michigan

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 Watersmeet with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Watersmeet.

Pros And Cons Of Living In Watersmeet, Michigan

How do you know that living in -- or moving to -- Watersmeet is right where you need to be? Perhaps you grew up in Watersmeet or already live nearby; therefore, the decision to buy a home in Watersmeet is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Watersmeet 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 Watersmeet:

  • 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 Watersmeet.

Reasons To Move To Watersmeet, Michigan, In 2021

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


Listing types in Watersmeet, MI

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