
This 1930s log house on a rocky outcropping on Garden Lake near the BWCA was just listed by the Bear Island Co. for $654,500. (The Minnesota Star Tribune)
Getting a read on the second-home market in Minnesota is something of a challenge.
By buchtjd
I'm just back from a few days Up North and my visit got me wondering about how lakeshore values are faring now that we're more than five years into the real estate downturn.
So I'm curious, if you own a lake home or are shopping for one, what's your take on what's happening to the values of lakeshore and seasonal properties? Are you finding deals? Are you have trouble selling? Or do you own property on a lake that's being hard-hit by foreclosures?
Share your thoughts by commenting on this blog, or send a note to jim.buchta@startribune.com.
Several home watch businesses joined together in the Minnesota Home Watch Collaborative to stay vigilant across the whole state.