How Much Value Does Living the Lakefront Dream Add to a Property?

Thanks to the law of limited supply, lakefront properties generally come with a higher price tag than their inland counterparts. Although waterfront properties fluctuate in value like the rest of the real estate market, they consistently sell at a higher price than homes that are not on the water. As a seller, exactly how much value does a lakefront add to a property?

To find out, we dug into some recent data regarding lakefront property values. We also spoke with experts who specialize in selling waterfront properties for top dollar. Here’s what we learned about how gorgeous views and the promise of watersport opportunities translate to property value.