The PF Kruse Appraisal Group is known to many lenders, real estate professionals and home-owners as the “Lake Experts.” Having an office for over 30 years in Steuben County, which is known for its 101 natural lakes, all appraisers of the group have extensive knowledge in evaluating and appraising lake property throughout the northeastern Indiana area.
Far from reducing a lake property to ski lake versus non-ski lake, or even so many dollars a front foot, PF Kruse has developed a sophisticated system to determine the worth of a lake property. This includes factoring in the size, type and quality of a lake, along with its access and amenities. Further modifications can then be made based on a property’s view, size, frontage feet, slope, beach, rear lots and other amenities. The group has also conducted studies of all the key all-sports and fishing lakes in the area to determine how they stack up against one another to determine which lakes are actually comparable with each other and where they fall on the value scale. Further studies have also been done to determine the value of different views and access points to lake property, including the differences in lakefront, bayfront, channel front, deeded and association lake access and lake view. If you have lake property that needs to be appraised in northeastern Indiana, call on the experts at PF Kruse to get the most accurate and best quality appraisal report.