Michigan, a state of United State is known worldwide for its natural resources like fishing, long coastline, and forestry. State is partitioned into two large land segments Upper and Lower Peninsula. Capital of this state is Lansing, having all the government buildings and is famous for its State building that resembles cast iron dome. As mentioned, due to bounty of natural resources in this state some of its places are very expensive to buy. Here is the brief review of its five most expensive places
It is the coastal city covering 16.2km2 in Emmet County famous for its ancient fossil coral also known as ‘Petoskey stones’. It is also known for its scenic beauty as it is in the most famous Midwest’s four season resort areas. Owing to its captivating beauty, it is one of the expensive places to live in Michigan with average selling price of $554,340. Its high rated public schools along with tourism industry also increase its value. Some famous tourist sites in Petoskey are Petoskey State Park, Historic Gaslight District, Little Transverse Wheel Way, Bar River valley Recreation Area and River Park Pier etc.
This is ‘America’s best designed/planned city’ famous for its location along the Lake Michigan shoreline thus tourism is one of the reason of its worth. It covers an area of 6.45km2 in Berrien County, Michigan. Average selling price in New Buffalo is $583,315 with the cost of living index of 130. It is also known for its world renowned casino “The Four Wind New Buffalo” reputed for its gaming and attract people from all over the America.
It is the wonderland of Michigan, rich in natural beauty having beautiful beaches, breathtaking sand dunes, fresh water springs, and four seasons. Thus due its array of cultural as well as culinary attractions it is an expensive place to live with average selling price is $636,628. The historic summer resorts are the main tourist attraction. Other than that education is another reason to its value especially its public schools are very eminent.
It is the small city in Oakland County having area of 13.05km2 and population around 4009. The average selling price in this city is $1,070,063 making it one of the most expensive places to live in Michigan. Along with being a white collar city, the area is rich in historic sites like National Historic landmark Education Community, landmark churches like Roman Catholic Church, and headquarters of different companies like Acme Mills thus playing its role in economic progression.
This medium sized city having 12.45km2 area in Oakland County, has the average selling price of homes is $1,099,968 making it most expensive place to buy not only in Michigan but among other states of America as well. One of the reasons for its being so expensive is it being considered as a white collar city having more than 94.5 % citizens earning their living via white collar jobs. This city has abundant of artists, entrepreneurs, designers, media persons that increase its value.