Does sunset view affect the price of a home?  Not really.  Lake frontage affects to price more.  Of course the larger the lot and the wider the frontage the more the property is worth.  Sometimes a small old house will be bought, just to be torn down because the value is in the land.

One of the best things about buying a lake house in Bloomfield or West Bloomfield is that you "should" get a good return on your money.  When buying a lake home it usually is a good investment if you buy right and not over spend or over build.  Lake home prices usually drop less during a correction or recession.  They seem to hold their value better.  One of the reasons is that they are just no building more lakes around metro Detroit.  The number of lakefront properties is not going to increase.  So for all those home buyers that do not want to drive hours up north or want to be close to work a SE Michigan lake home is their best option.  Demand for metro Detroit lake homes will always be strong.  They do not turn over as often as other homes.  It usually is a good investment not including that your quality of life will go up.

Here are all the latest Bloomfield Lake Homes for Sale