PIcking the best investment property is a matter of Location. As in the NH real estate investing page ( Which i recommend you read before this page to cover a lot of background that will not be repeated here) certain areas of the market are saturated and due to either no more available land or land conservation laws will not be able to grow much beyond where they are today. The economy will not have a major effect on long term returns on your investment, because the law of supply and demand trumps the economy factor.
In Vermont there are only
18 Land Listings for sale on Lake Champlain proving that land will become the most desirable property to own in the future and therefore the most likely to increase in value regardless of what the rest of the economy does. Lake Champlain is similar to Lake Winnipesaukee in that it is a large body of water and offer all the imaginable recreation opportunities. Named as the 6th Great Lake on March 6 1998, the status was rescinded in after only a few days on March 24th. Lake Champlain is home to the legendary Champ. Said to be a large creature a long the lines of the Loch Ness monster. The state of Vermont has listed Camp as an endangered species, just incase it really exists.
Property along the shores of Lake Champlain is still a great investment vehicle. There are
39 homes for sale on or with access to Lake Champlain starting at
$114000
.Also in vermont large parcels of land with buildings like horse farms are growing scarce. Vermont has a large equine community with many events to participate in. The Green Mountain Horse Association offers events in central Vermont, the Vermont Morgan Horse Association celebrates the morgan horse, and offers events statewide. The Vermont Quarter Horse Association offer competitions and shows in , dressage, barrel racing, and trail riding and team penning one of the fastest growing equine sports in America.
The above article is written as in dependant observations of the real estate market by the author who is not a real estate agent or a financial advisor, and should not be considered to be advise, or recommendation or endorsement of any action on your part. For specific consultation, you should contact your financial advisor, or one of our realtors. |