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Attn Lakeshore Homebuyers! Late Summer Values on Washington County Minnesota Lakes!

By
Real Estate Agent with Boardman Realty Minnesota License#90858

Are Minnesota lakeshore owners hoping the real estate market has turned aClear Lake in Forest Lake MN by Teri Eckholm Realtor corner? Maybe. Or is it just a mid-summer night's dream for lakeshore owners?

I noticed an interesting phenomenon in early July that is continuing into August. Lakeshore homes that traditionally list as soon as the ice drops in April were being listed after Independence Day in July. And it was not just the usual handful of slowpokes that added a late summer listing...several lake properties listed in Washington County after July 1st. These are not relisted homes either...You know the ones that are cancelled so they "look new on the market" with a different MLS number every 3-6 months. About a dozen new lakeshore listings hit the market as bona fide new listings in the past six weeks.

Now there are a few newly listed homes where are still dreaming of yesteryear's pricing. But a good number of the new listings were priced competitively...And these are not foreclosures either.
Here are some Washington County "priced-to-sell" Lakeshore Listings that just hit the market:

  • Lake Sylvan 1BR/2BA/2car rambler under $155K
  • 70's built Split-level 4BR/3BA/2Car on Forest Lake for $199,900 ($50K below tax value!)
  • 2 Heated Cottages on huge lot on Forest Lake's 3rd Lake. Adorable and priced at $320K.
  • Stunning executive home on 100 ft of Forest Lake's 2nd Lake shoreline. 3400 sq ft 2 story priced in the $770's
  • Affordable 3BR rambler with 132 ft of lakeshore on Lily Lake in Stillwater listed for under $225K.

So those who have lakeshore dreams, this may be the year to take a look at what has listed at the end of the season. There is still time to enjoy a fall campfire on your own piece of shoreline. And, that ice fishing excursion could be much closer to home this winter...right out your own backdoor!

Sailboat on White Bear Lake by Teri Eckholm RealtorNeed to learn more about the size, depth and water quality of Washington County lakes? Check out these links to a few of the most popular lakes in Washington County. For other lakes in the Twin Cities, check the Minnesota DNR Lake Finder.
· Big Carnelian
· Big Marine
· Bone
· Forest
· Jane
· Lily
· White Bear Lake

More Articles on Buying a Minnesota Lakeshore property that might be of interest:

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet, Homebuyers Success Packet or sign up for Listingbook Twin Cities Home Search. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.

Buying a Home? Check out my new HOME BUYER'S BLOG!

Copyright 2009 Teri Eckholm http://www.terieckholm.com/

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Posted by

Teri Eckholm. REALTOR with Boardman Realty, is a native Minnesotan who has lived and worked in the Minneapolis St Paul metro all of her life. She specializes in lakeshore homes, acreage properties and first time home buyers but assists anyone making a move in the north and east Twin Cities metro.

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give Teri , a call or visit her website for a FREE Home Buyer Success Guide or FREE Home Value Report She specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.

Copyright 2019 terieckholm.com

 

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Comments (6)

Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Teri

Washington County Lake properties sound like the place to be. Lake markets are really coming back by me as well.

Aug 14, 2009 02:52 AM
Kate Kate
San Diego, CA

Teri, Good to hear about the interesting trend among new lake shore listings. Beautiful picture too. Kate Ford

Aug 14, 2009 02:58 AM
Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI
(RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE

You always have everything we need to know about area, real estate and even water quality. Good one Teri!

Aug 14, 2009 04:42 AM
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co

Hi Teri,

You sure know your real estate market, well done.  Every time I see a photo like this and/or reading your blog I always think of the movie On Golden Pond.

 

Aug 14, 2009 05:15 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Teri, The prices are so LOW on Lakeshore homes it's hard to imagine. Harder still to imagine they're falling!

Aug 14, 2009 07:39 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Teri I think some seller are finally getting the message that to be competitive that will require a price reduction.  Here is hoping your market has really turned the corner.

Aug 15, 2009 01:06 PM