south shore of lake superior: See our Madeline Island Realty ad in the Island Gazette on March 24th - 03/03/18 12:31 PM
See our Madeline Island Realty ad in the Island Gazette on March 24th
 
As of the end of 2017, we completed our sixth consecutive year in which we made at least one Madeline Island/Bayfield sale at or above $500,000. And in the last eight years, we made nine upper-bracket sales between $500,000 and $1.5 Million in our service area.
 
 
No other real estate brokerage in the Chequamegon Bay/South Shore area has matched our record in upper-bracket sales. We know that upper-bracket sellers face greater challenges in achieving a sale than those who are selling a mid-priced home. All of those sellers deserve a … (0 comments)

south shore of lake superior: Why Do So Many Buyers of a Summer Home Wait Until Autumn to Buy? - 05/07/17 07:05 AM
Why Do So Many Buyers of a Summer Home Wait Until Autumn to Buy?
 
Real Estate agents who sell recreational properties ("summer homes" or "vacation homes") witness this phenomenon every year.
 
In our service area, the Apostle Islands of Lake Superior (also referred to as the "South Shore") buyers typically begin to come visit us and look at properties in April or May.  Buyer interest begins slowly, but ramps up in early summer, with a peak sometime between the Fourth of July and Labor Day.  And buyer traffic lingers until late fall, sometimes right up to the end of the calendar year.
 
But the … (4 comments)

south shore of lake superior: Are We Seeing Rising Prices for Homes in the Apostle Islands? - 04/11/16 07:20 AM
Are We Seeing Rising Prices for Homes in the Apostle Islands?
 
It may be premature to forecast a resurgence in upper bracket home prices on Madeline Island (La Pointe, Wisconsin) and in Bayfield, Wisconsin, but some might say a trend is underway. Between spring of 2015 and today, there are signs that prices for homes over half a million dollars are actually rising on the south shore of Lake Superior.
 
Take a look at the following bar chart of upper bracket home sales in the 54850 and 54814 zip code areas (note the red arrows over the three most recent sales):
 
 
Beginning with our … (0 comments)

south shore of lake superior: August is Decision Time - Want Your Vacation Home Sold in 2015 or Not? - 07/28/15 01:07 PM
August is Decision Time - Want Your Vacation Home Sold in 2015 or Not?
 
In the northern United States, where shopping for a vacation home is a seasonal affair, the beginning of August is something of a decision-making moment.  In our northwest Wisconsin real estate market (the South Shore of Lake Superior, including Madeline Island and Bayfield, Wisconsin), August marks the beginning of "crunch time".  For many reasons, the price and condition of your home listing at this crucial time of year will make or break the success of your listing.
 
We often remind our sellers that they need to pay close attention … (0 comments)

south shore of lake superior: What Will $4 A Gallon Gasoline Do To The Vacation Home Market? - 02/28/08 12:18 PM
If you’re a real estate agent, do you sell second homes? At what point will high gasoline prices hurt your business?How far do your clients drive to get to their weekend retreat, summer home or cabin?

Photo above: Weekend vacationers cross Lake Superior aboard the ferry Island Queen. 
 
Crude oil prices topped $100 per barrel today.  Industry experts are warning of $4 per gallon gasoline by summer.
My own clients from Minneapolis and Saint Paul drive three and a half to four hours, one-way, to get to the south shore of Lake Superior (Bayfield, Wisconsin area, including Madeline Island).  That's a … (53 comments)

 
Eric Kodner, CRS, Madeline Island Realty, LaPointe, WI 54850 -  (Madeline Island Realty) Rainmaker large

Eric Kodner

CRS, Madeline Island Realty, LaPointe, WI 54850 -

La Pointe, WI

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Madeline Island Realty

Address: 809 Main Street, Box 553, LaPointe, WI, 54850

Office: (715) 747-6500

Mobile: (612) 670-2539

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