Madeline Island Real Estate Blog

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Real Estate Broker/Owner - Madeline Island Realty - 50317-90
Madeline Island real estate, lake homes and waterfront, Apostle Islands, La Pointe and Lake Superior lakeshore properties, western and northwestern Wisconsin real estate, Bayfield homes, Washburn, Ashland, Cornucopia, Herbster and Port Wing real estate. Cabins, cottages, second homes, investment property and land in Ashland county & Bayfield county. Luxury property specialist and broker Eric Kodner in LaPointe, Wisconsin.

ARCHIVED BLOG POSTS

2013 

Market Report: Great Estates on Madeline Island Coming to the Market A market trend is quietly taking place on Madeline Island, as some of the Island's best-known estates are reaching the market. The latest sign of that trend is the recent sale of Woods Manor, listed and sold by Madeline Island R...
04/30/2013
Not All Multiple Listing Services are Created Equal   Madeline Island Realty was the first Madeline Island real estate company to introduce participation in a Multiple Listing Service (MLS) back in 2001.  At the time we joined the Northwest Wisconsin MLS, there was skepticism, even a fair amount ...
04/24/2013
"Just Find Me a Millionaire Who Will Pay Cash for My Home"   We hear these exact words surprisingly often from sellers.  You wouldn't believe how many prospective sellers out there are looking for a "sugar daddy" who will cash them out at a top price. And while they're asking, sellers expect us t...
04/21/2013
NAR Profiles Typical Vacation Home Buyer in Today's Market   The National Association of Realtors (NAR) has come up with its latest profile on vacation home buyers, compiled from statistics gathered in the NAR "2013 Investment and Vacation Home Buyers Survey". According to the survey, which cover...
04/20/2013
When You Set the Price, You Assume Responsibility if it Doesn't Sell   Part of your listing agent's role in selling your home is to do market research and to come up with a suggested list price.  Real estate professionals also market homes in order to show them in the best possible light, but pri...
04/19/2013
Before you Price and Sell Your Home, Consider Your Potential Audience   A 2012 article in The Atlantic magazine referred to the Millennial Generation somewhat uncharitably as "The Cheapest Generation".  While the authors could have chosen their words better, the point of the article was that Mill...
04/18/2013
727 S. Shore Rd, LaPointe WI - Madeline Island Lake Home - New Price!   PRICE REDUCED -  Now $319,000 - Madeline Island Waterfront home on Lake Superior, at an astonishing price. Lake home with over 400 feet of south-facing Lake Superior frontage, including dock and shoreline staircase.  The 10.9...
04/18/2013
Does it Really Cost All that Much More to Build a Home on an Island?   I've heard and read a fair amount of misinformation about how much additional cost is involved in building a second home on Madeline Island.  This might be a good time and place to set the record straight.   Your costs will va...
04/14/2013
How we Research Comparable Sales Statistics for Madeline Island   I receive at least one or two phone calls per month from appraisers, asking my opinion as a real estate broker about comparable recent sales and the market value of Madeline Island properties. My reply to these inquiries is a somet...
04/13/2013
Waiting for the Market to Rebound Before Selling Your Vacation Home?   Every once in awhile, a homeowner tells me they are "waiting for prices to come back up to where they were when I bought".  The problem with this "rebound stragegy" (if you could call it a strategy) is that you are losing mone...
04/08/2013