Have you fallen in love with a vacation spot and wondered whether it makes sense to buy there? The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that, first, there are key questions you need to ask yourself. Its important to calculate how many times a year you’ll be able to use the home. Carefully consider how much time you realistically can spend there relative to the costs of owning and maintaining the property. Renting out the home when you’re not there brings with it a host of other considerations. Does the HOA allow rentals? Would potential renters be interested in the property’s amenities, such as a fireplace in a ski town or an inviting deck or patio in a beach community? Also, taxes for a second home can be more complicated than those for your primary residence. Be sure to talk to a tax pro and learn more about the tax implications for your specific situation, including taxes on rental income if you plan to rent out the place for part of the year. Check out below to see what sold in Highland Lakes in April 2016:
41312 Lehigh Lane, Northville: 2 bedrooms, 1 bathroom, 884 sq. feet, Sold Price: $107,000
Highland Lakes Home Sold
April 2016
19852 Irongate Court, Northville: 3 bedrooms, 1.1 bathrooms, 1,368 sq. feet, Sold Price: $113,500
Highland Lakes Home Sold
April 2016
19693 Ironwood Court, Northville: 2 bedrooms, 1.1 bathrooms, 1,208 sq. feet, Sold Price: $118,000
Highland Lakes Home Sold
April 2016
19736 Dearborn Court, Northville: 2 bedrooms, 1.1 bathrooms, 1,208 sq. feet, Sold Price: $125,000
Highland Lakes Home Sold
42712 Lyric, Northville: 3 bedrooms, 1.1 bathrooms, 1,422 sq. feet, Sold Price: $130,000
Highland Lakes Home Sold
April 2016
41395 Leidel Court, Northville: 2 bedrooms, 1.1 bathrooms, 1,360 sq. feet, Sold Price: $137,500
Highland Lakes Home Sold
April 2016
19959 Schoolhouse Court, Northville: 3 bedrooms, 1.1 bathrooms, 1,370 sq. feet, Sold Price: $152,500
Highland Lakes Home Sold
April 2016
19579 Mariner Court, Northville: 3 bedrooms, 2 bathrooms, 1,360 sq. feet, Sold Price: $165,100
Highland Lakes Home Sold
April 2016
41999 Scenic Lane, Northville: 2 bedrooms, 1.1 bathrooms, 1,136 sq. feet, 1 car garage, Sold Price: $174,000
Highland Lakes Home Sold
April 2016
Be sure to calculate the true, year-round cost of owning the home, including utilities and property management when the home isn’t occupied to make sure you’re making the right decision. For more information on Highland Lakes or similar Northville or Novi neighborhoods such as Country Place, Crosswinds West and Lakewoode Parkhomes, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.