Waterfront dwelling is each home-owner’s dream. However with actual property costs and rates of interest surging lately, that dream has turn into a mirage for a lot of People. Do not surrender, nevertheless, for those who’ve at all times wished a house close to a lake, since pockets with inexpensive housing nonetheless exist, in line with Realtor.com.
The true property web site lately 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 about on a Southern vacation spot, contemplate 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.
The neighborhood of about 2,400 residents sits on Bayou Lafourche, relationship 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.
At the 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 be a part of Louisiana’s Cajun Bayou Meals Path.
Lockport is a newcomer on Realtor.com’s listing 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 inexpensive lake cities are within the Midwest, South, and the East Coast. You may see the complete listing on realtor.com.