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A   S o u n d   I n v e s t m e n t :

As we all know, the stock market isn't what is used to be. Therefore, investors are looking for other areas to invest in. Consider the Rivage:

As reported in the August 31, 2002 Star Tribune -

"The National Association of Realtors reported this summer that the median price for a second home, new or existing, was $162,000 in 2001, a 27 percent increase from 1999, the last time the trade group surveyed second-home buyers."

T h a t ' s   a l m o s t   1 4 %   p e r   y e a r .

And with baby boomers scrambling for retirement residences, that rate of appreciation isn't likely to go down in the future marketplace.

Also in the Star Tribune, the cover of the July 20, 2002 HOMES supplement featured an older 800 square foot cottage in Pepin, Wisconsin (across from Lake City and the Rivage) with views of Lake Pepin that sold for $300,000.

For $70,000 less, 730 square feet more of living space (1450 s.f. plus a 80 s.f. private deck) and a much better view of Lake Pepin than the HOMES example above, you could own 203 at the Rivage.

We think one look will be all it will take.

Schedule yours by contacting our office in Lake City.

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