The temperatures in the Minneapolis/St Paul metro won't be breaking any records this week but Minnesotan's will undoubtedly be breaking out the shorts (and dare I say, flip flops) as the thermometer edges close to 70. It won't be long before the huge sheets of ice blanketing the surface of our 10,000+ lakes will drop. Ice out is when the ice finally drops to the bottom of the lake and in Minnesota that is when the people take start taking steps toward making their lake home dreams a reality.
If you have been contemplating life on one of Minnesota’s 10,000 lakes, consider the north metro. There are options that will fit many budgets from very small starter homes or cabins to high end executive estates. There are many options for the would-be lake shore owner on a full recreational, multi-use lakes like Coon Lake in Anoka County or Forest Lake in Washington County. There are other smaller lakes perfect for kayaking or swimming that restrict motors that are options as well. Surprisingly lake shore properties in the north and east metro can be offered at prices comparable to homes without a shoreline.
How can homes on Minnesota lakes in the north metro be so affordable? It appears that prices are not rising on lake properties as quickly as in other categories especially just north of the Minneapolis/St Paul metro. From what I have seen, prices have edged up a bit more slowly than on other types of homes. But prices on all homes are starting to recover significantly and lake shore will too. With continued low interest rates, 2015 might be your best opportunity to realize your lake home dream.