Well folks, it’s that time of year again…the time of year when sellers are ready to make deals. If you are looking for a lakefront property, fall could be the best time of year to buy. Many sellers have been sitting on their lake properties all summer and they do not want to carry them through the winter. Check out the current Lake Vermilion property market to see what is available - then move on to the Leech Lake property market - then the Lake Mille Lacs property market - and so on and so on…you are sure to find something you like, and don’t be afraid to make an offer! Good Luck!

The most expensive home in Minnesota was just reduced by $3,000,000.

If you are not familiar with this area of MN, please see our feature on Lake Minnetonka homes.

This Lake Minnetonka home, previously listed at $18M has been reduced to $14,900,000 for a quick sale. My guess is that the price reduction will most likely cause a bidding war between a handful of “flippers.” You know the drill – refi at closing - pull $3M in equity out, slap some paint on it, mow the lawn, and relist at $19,500,000. In and out in 30 days. If you are interested in getting in on the action – let us know, we would be happy to represent you - or just use LakePlace.com to check out the entire Lake Minnetonka lake home market.

LakePlace.com is happy to announce that we have recently entered into an agreement with the Wisconsin Innkeepers Association. Under the agreement, LakePlace.com will offer owners and managers of Wisconsin resorts the opportunity to advertise their properties at deep discounts. Resort owners will also be able to place individual Wisconsin cabin rentals in our vacation rentals directory.Â

We are very happy to be working with the Wisconsin Innkeepers Assoc. and we hope that Minnesota Resorts will follow suit.

LakePlace.com’s directory of Minnesota & Wisconsin Resorts is the largest and most visited of it’s kind. Nearly 10,000 people visit LakePlace.com each day searching for MN & WI lake property, cabin rentals, and resorts. Our goal is, and always will be, to promote the wonderful experience of spending time at the lake.