While a vast majority of Maine is forested, the beautiful
shoreline dominates the state. Maine real estate prices,
however, are surprisingly reasonable.
Maine
Maine is one of the more beautiful states in the country. Travel
inland and you will find pine tree forests everywhere. In fact,
nearly 80 percent of the inland areas are covered by forest.
Within these forests you'll find raging rivers, peaceful vistas
and a true bonding with Mother Nature. Head out to the Maine
coast and prepare to be amazed. The coast is a collection of
fishing villages, forested islands and rocky jetties that look
like something out of a painting. Relocate to Maine and you'll
become a regular visitor of Bar Harbor, Acadia National Park and
the Kennebunks.
Portland
Sitting on the coast, Portland is an amazingly beautiful town.
In downtown, you'll find historic brick buildings winding down
surprisingly quiet streets. Head closer to the shore and a
picture postcard harbor confronts you with supporting
lighthouse. Portland is a good place to relax and go about life
at a relaxed pace. Highly recommended if you're considering
relocating to Maine and have kids.
Bangor
Once a well-known lumber center, Bangor is an average city by
all accounts. Nothing outstanding, but nothing terrible. So, why
mention Bangor? Bangor is a great launching point for outdoor
activities. If your idea of a home is simply some place to sleep
between fishing, hiking, rafting and so on, check out Bangor.
Bar Harbor
Bar Harbor is the surprisingly small summer retreat of the
wealthy. During the industrial revolution, the town catered to
the affluent, but things have changed. Bar Harbor is now a
pricey tourist town. The major industry seems to be tailored to
fishing trips and the like. There isn't much to see, but the
atmosphere of the harbor is worth a visit.
Maine Real Estate
Maine real estate prices are all about proximity. Generally,
you'll pay more the closer you are to the coast. The average
home in Portland will run you $370,000 while the same home in
Portland will cost you an additional $100,000. Appreciation
rates for Maine real estate in 2005 were 13 percent, the same as
the national average.
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