Out of Town buyer still find value in Chautauqua Lake Real Estate
Posted by Richard Benedetto on Tuesday, March 9th, 2010 at 4:32pm.While property values plummet in other areas our jewels of the County; Chautauqua Lake and Chautauqua Institution have held their value.
Sales on Chautauqua lake have picked up considerably in the second half of 2009. Out of town buyers are finding their investment in Chautauqua properties have appreciated well in normal times and are maintaining their value during the recession.
I recently participated in the sale of the Packard Manor located at 10 Elm Lane, Chautauqua Institution. An historic property located on the shores of Chautauqua Lake. The home was built by William D. and Katherine B Packard (of the Pakard Automobile Family) in 1915.
Richard J Benedetto
www.richardlakefront.com
richard0039@yahoo.com 800 Fairmount Ave. W.E.
Jamestown , New York , 14701 (716)665-9403
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