Waterfront dwelling is each house owner’s dream. However with actual property costs and rates of interest surging in recent times, that dream has develop into a mirage for a lot of Individuals. Do not quit, nonetheless, in the event you’ve at all times wished a house close to a lake, since pockets with reasonably priced housing nonetheless exist, in line with Realtor.com.
The true property web site not too long ago ranked the ten most cost-effective lake cities within the nation inside half a mile of a lake, the place median residence values do not exceed $210,000. And whereas the winner is Michigan’s Rogers Metropolis, in case your coronary heart is ready on a Southern vacation spot, think about the No. 2 spot, which is positioned in Louisiana’s Cajun Bayou.
Lockport, a city of a number of thousand full-time residents, is only a stone’s throw away east of Lake Fields, the place the median residence worth is $145,500.Â
The neighborhood of about 2,400 residents sits on Bayou Lafourche, courting again to 1899. After the locks on the canal connecting Bayou Lafourche with New Orleans have been accomplished, the world, which was till then referred to as Longueville, was renamed Lockport.
“Lockport, in Southeastern Louisiana, is surrounded by wetlands and bayous, and fishing is a core piece of the city’s financial system,” Realtor.com states.
Right this moment, the city is understood for its culinary scene and particularly for its wealthy Cajun heritage. It hosts La Fete du Monde each spring, a two-day pageant with rides, music, dancing, arts and crafts, and genuine Cajun meals. The city can also be a part of Louisiana’s Cajun Bayou Meals Path.
Lockport is a newcomer on Realtor.com’s checklist this 12 months. The third spot goes to Fox Lake, Illinois, north of Chicago, the place the median residence worth is $159,500.
Like final 12 months, all ten most reasonably priced lake cities are within the Midwest, South, and the East Coast. You’ll be able to see the total checklist on realtor.com.