You might think investing in a waterfront property is out of your budget, but you’d be surprised. There are plenty of waterfront real estate opportunities around the United States that could fit into your budget. So don’t let the fact that you have a budget stop you from searching for the perfect lakeside property. Start your search by checking out these 5 budget-friendly American towns to browse lake homes for sale.
Traverse City, Michigan
Many Midwesterners visit Traverse City in Michigan for lakeside getaways. Some even say that it is the best place in all of Michigan for vacationing, even better than Grand Rapids. It is also a great place to settle down, and the best part is it is within many house hunters’ budgets. Like any lake town, the properties right on the waterfront will be a bit pricier, but the average price for homes just off the water are drastically lower.
The only downside of Traverse City is that it is not a year-round destination. Since it is up north, you’ll experience all 4 seasons and the wintertime is extremely cold. However, the amazingly beautiful summertimes make the investment well worth it – especially since it won’t set you back too much financially.
Branson, Missouri
Missouri, home to the Ozarks, is often referred to as the “Land of 1,000 Lakes” and it makes complete sense why. Missouri boasts tons of tourism, but if you want a place to settle down and call home, there is no place quite like Branson. It is safe, beautiful, and real estate is relatively affordable. Branson is home to endless outdoor activities, but it is also the ideal place to enjoy the quiet seclusion.
Baraboo, Wisconsin
Saying that Baraboo, Wisconsin is “liveable” is a major understatement. It is way more than just liveable. In fact, it has been deemed one of the best lakeside locations in the Midwest to settle down. It has a population of just under 13,000 and the average home value is under $150,000. The people here are friendly, the crime rate is low, and the property value is on the rise, meaning you should get in on Baraboo while you can.
Port Clinton, Ohio
The small Ohio town of Port Clinton might be too slow-paced for some, but others find it the perfect place to live. If you’re a young professional hoping for trendy vibes, steer away from Port Clinton. But if you are near retirement and looking for the best spot to settle down, this is it. And the best part is you can get a small home for just over $110,000.
Brainerd, Minnesota
Brainerd is considered to be one of the most affordable places to live in America – the average home value is about $107,000. It is a great family vacation destination, but after vacay is over you might just be tempted to pack up and move shop to Brainerd. If you like hiking, fishing, biking, and golfing, Brainerd should be at the top of your list of considerations.
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