There are so many different types of lakefront homes for sale in West Bloomfield Michigan. One of the main characteristics of West Bloomfield lake homes is they are highly sought after because of the community and the school district. The location of the community makes it an easy ride to many of Metro Detroit's business centers. Orchard Lake Rd, and Maple Rd cut through the city to make an easy drive to Birmingham, Troy, or I-696.
You will find that lake homes for sale in West Bloomfield may be more expensive than some of the surrounding cities such as Keego Harbor, Commerce, White Lake, or Waterford. It is the desirability of the community and the schools that has helped home values in the city.
West Bloomfield waterfront properties are going to be a mixed bag. However some lakes are what I would call prestigious lakes. What I mean by prestigious lakes is that there is a high demographic home owners on the lake. For example lake homes on Pine Lake in West Bloomfield will be higher price per square foot. You are going to find luxury lakefront homes on these lakes. Some of these lakes you will not even find a tear down house for less than $400,000. I have seen lots sell for $600,000 to a million dollars on some of these lakes. You will find West Bloomfield luxury lake estates that range from 4000 square feet to over 12000 square foot of living space. These lakefront estates are custom built homes that have been designed with the latest amenities. They will have extensive woodworking, large windows with amazing lake views, soaring ceilings, gourmet kitchens, and large master bedroom suites.
Some of the best Metro Detroit architects have designed these homes to capture lake views from as many rooms as possible. Large garages, and finished walk out basements are just some of the many features. Some of these upper end lakes in West Bloomfield are Pine Lake, Upper Straits Lakes, Orchard Lake, Union Lake, Cass Lake, and Walnut Lake. These are the lakes that the price per square foot is going to be at the upper end of the scale. There are still some smaller homes on these lakes too. Union Lake waterfront homes is another example of an upper end lake.
Most of the other lakes in West Bloomfield will have homes of every shape and style. Some of the lakes will still have little lake cottages that were built in the 1920's to 1950's. Remember years ago West Bloomfield lakes were a weekend get away for early Detroit residents. The pristine waters were a reasonable drive for people who worked and lived in the city of Detroit. You can even find places on electric motor lakes. Buyers of lake houses on Green Lake in West Bloomfield love the quiet.
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If you are looking for a good lake realtor to help you find the best deals on a lake home. I know the local lakes and can save you lots of time and stop you from making a bad decision on a SE Michigan lake home.
You can gather that the size of lake properties in West Bloomfield will also factor into the determination of their prices. The larger the lake frontage or the larger the lot will make the home's cost or value be higher. It is rare to find large lots over an acre in size. When you do find one you are going to pay the price for it. High end buyer value their privacy and they are willing to pay the price to have a larger lot.
Another determining factor of prices of West Bloomfield lakefront homes for sale is the size of the lake and whether it is all sports or not. A waterfront home on an all sports lake in West Bloomfield is usually going to cost more than a similar home on a non-all sports lake. However West Bloomfield does have a large electric motor only lake called Green Lake which has many beautiful large homes on it too.
The size of the lake does matter. Water sports enthusiasts usually like lakes to be 200 acres or more. They don't like small lakes. There is a higher demand for lake houses in West Bloomfield or any community in Oakland County when the home is on a good sized lake. The good homes usually sell in under 30 days. I myself feel if a lake is not a round lake, but a lake that is L shaped or U shaped then a 160 acre lake is good sized for tubing, water skiing, and wakeboarding. But a lakefront home on a large all sports lake will usually cost more than a home on a smaller lake. Simply because of the desirability and the smaller number of large all sports lakes in the metro Detroit area.
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Check out Oakland County lakes by size for a quicker search.