Lake Havasu Lots

Various types of lots are being sold in Lake Havasu.averages about $275,000.
Among the most common types are residential lotsAt present, the largest lots in Lake Havasu cover as
and golf course lots.much as 640 acres. This community consists of more
At present, the size of Lake Havasu lots ranges fromthan 540 residential estates. The said community plans
10,000 square feet to 12,000 square feet. However,to add 150 unit resorts in the near future. As with other
some lots can still reach to about 100,000 square feet.real estate communities, it also offers amenities such
The average price of these lots ranges from $160,000as parks and community centers.
to $500,000.Lake Havasu has its own regulations as to what type
The most common lots in Lake Havasu areof properties can be built on certain lots. Those lots
single-family lots. The price for these lots in 2003 waswhich have been tagged as R-1 or residential estates
about $60,000. In 2004, that price rose to $85,000. Lastcould house a building provided it does not exceed 15
year, single-family lots posted a steady increase infeet in height. This is to preserve the panoramic view
between quarters. After the second quarter, it reachedof the place and prevent it from being flooded with
almost $115,000. During the third quarter, the averagestructures higher than the prescribed height. There are
selling price rose by $2,000. After the fourth quarter,some zones - like equestrian estates - that are
the price climbed by more than $30,000.allowed to reach up to 30 feet.
Some residential lots may have a higher price becauseThe real estate industry in Lake Havasu continues to
of their locations. These lots usually offer panoramicgrow as more people move in. By 2007, the area will
lake views. The average selling price of these lots isalso see the completion of its first mall. This could very
$300,000. Falling in between the prices of regularwell make Lake Havasu more attractive to residential
residential lots and residential lots with panoramic viewsbuyers and investors alike.
are residential golf lots. The current asking price