Julie Sells Dreams in Wisconsin's beautiful Northwood's: March 2009

Amazing Voyageur Lake property on the Eagle River Wisconsin Chain of 28 lakes!!

This listing offered for the 1st time to the Eagle River Wisconsin market is a real opportunity for the Buyer looking for a good deal!   This Voyageur Lake property on the Eagle River Wisconsin Chain of Lakes is located in a quieter bay right off the main drag of the chain! It is nestled by Lake Forest Golf Course and offers spectacular views of the lake and of nature.  This year around home has been owned by the same family for years and they have used it for all seasonal activities from snowmobiling to water skiing.

It offers so much for the buyer and is priced TOO SELL!! It has about 180 feet of frontage on the chain, a 2 bedroom, 1 bath home with a 2 car detached garage with bunk house out back and 2 alternate heating sources so you can use and enjoy it anytime of the year.  The home,while sitting close to the waters edge, offers a wooded trail to the lake that could be opened up for enhanced views... These sellers wanted to be tucked away from the lake but new owners could create their own experience!

This parcel is priced under $300,000 dollars and offers so much more than it's competition. Here is what you get for your money:

• 180 feet of frontage on Voyageur Lake
• a year around home
• a 2 car detached garage
• a permanent pier
• gorgeous views of Voyageur Lake
• Southern exposure

These are just a few of the many amenities offers with this Voyageur Lake property on the Eagle River Wisconsin Chain of Lakes!  Be certain to check out this well priced deal that offers so much for the buyer looking to get on the chain!  For additional pictures and additional information on this and other northern wisconsin properties for sale check out this local resource. 

Copyright©by Julie Paez, All Rights Reserved, Voyageur lake property on the Eagle River Wisconsin Chain of Lakes 

This Eagle River Wisconsin condo for sale is located on the Famous Eagle River Chain of Lakes AND minutes from downtown!

If you are looking for a convenient location and a turn key property this immaculately maintained condo that was just listed for sale could be the  perfect getaway or year around home. Minutes from town, located near recreation ranging from golf courses to ski hills and on the main part of the Eagle River Chain of Lakes this spot is ideal for whatever your lifestyle.  So, if lakefront condo's for sale are what you are looking for ... then look no further!

This perfectly sized unit offers 1680 sq. feet of living space ,3Br ( one being a master ), 2 full baths, a utility room, open concept kitchen/dining room/living area with a fireplace, and a 1 car attached garage. It is spacious and the balcony off the living area offers views of your river frontage.  This home can act as your gateway to Northwood's living as either a your permanent address or second home because it is priced compeititvely @ $199,900!!

So, if your looking for an amazing property at an affordable price be certain to check this unit out!! Some of the many features here include:

• Low condo fees
  
• Turn Key home .. ready for you tomorrow!
• City amenities
• On the Eagle River Chain
• walking distanced from downtown
• easy floor plan with an open concept 
• Upgrade such as tile flooring
• Priced to Sell

Again, this unit is offered at $199,900. is vacant and ready for YOU to move in so call for your appointment today and start living your Northwoods dream in this riverfront condo for sale.

To view this listing or other condos in the Northwoods check out this local resource for all your local info or call Julie Paez @ 715-891-1236 for any questions about this property or others.

Copyright©by Julie Paez, All Rights Reserved, Eagle River Wisconsin condo for sale on the amazing Chain of Lakes!

Amazing Historic Home for sale in Downtown Eagle River, Wisconsin has just been reduced in price to $140,000!! This charming home has so much of it's original character that you will be delighted by all the details restored in this home. It has original hardwood flooring, built in nooks and crannies, french door entryways, an enclosed front porch and an upstairs nursery to name a few.  

The kitchen is so light and airy that even on a cloudy day light will filter in as you sip coffe and look out at your private fenced in back yard to watch the wildlife or childernen at play...  The retro style kitchen also offers loads of storage space for a "true cook". It is light, bright and so welcoming that you will know instantly why this is certain to be the heart of this amazing historic home.

This unique offering has 4 bedrooms, 2 and 1/4 baths, a front entryway, a beautiful brick fireplace, a three season room upstairs with a small balcony, a  full basement, seperate dining room, large yard and so much more.  Recently a new hot water heater has been installed as well as piping and/or fixtures in several of the bathrooms. 

This is a great opportunity to get on a quiet tree lined street with one of the most well known homes in Eagle River, Wisconsin!  Be in the center of it all and within walking distance to everything!!  This would be the perfect opportunity for a first time home buyer, use the $8,000.00 credit towards a garage!! Seller financing is also available!! For additional information on this parcel or to view all Northern Wisconsin Real Estate visit this online resource....

This listing brought to you by Julie Paez and Coldwell Banker Mulleady REALTORS.

Real Estate in Northern Wisconsin is a definitely a different market than most places but there are certain true statements about what affects market value that run across many borders and markets.  To this respect Northern Wisconsin properties are not that different.

One of the most common questions I'm asked as a local professional is: " What will affect the market value of my home???"  People have many different ideas about how market value is arrived at and who determines it.  The most amusing to me is the belief that the REALTOR affects market value by pricing the homes they sell.  Some people still think agents set the listing price and real estate in Northern Wisconsin just doesn't work like that.

So, what does affect market value of a home???

• Location   -   This can be the single greatest factor affecting value. Where you are in relation to what school district and how far you are from local amenities. In Northern Wisconsin this can also be what lake area are you in, what body of water are you on and what proximity are you to additional recreational activities.
• Competition   -   Buyers compare your property against other properties offered in the market place. What is your lot size, frontage amount, home size, home age, floor plan, are you steep or level to the lake, are you year around or seasonal and who are we targeting and in what price range.
• Timing  -  The current real estate market may reflect either a buyers' or sellers' market.                  Are lending practices lenient or stringent and what financing is available.                                   How low are interest rates?                                                                                                   Seasonally, is it the right time to be on the market. Are the buyers actively looking or just shopping online.                                                                                                                                       What is buyer demand versus current inventory?
• Condition  -   Property condition affects price and speed of the sale.  Optimizing physical appearance and preparing in advance for marketing maximizes perceived value. Staging can increase value and decrease time on market.

 There are certain items that have no real value to a home no matter how much we want them to:

1. Purchase price of the home
2. Amount of money in the home
3. What a neighboring property sold for 3 years ago
4. Assessed value of the home

The above reasons often lead to the overpricing of a home and every seller needs to be made aware of the real risks of overpricing a home, especially in a volatile market like the one we are experiencing now.

Some of the risks of over pricing include:

• Missing the peak selling market b/c your price was too high. The longer the days on market the more a buyer feels he is going to be able to negotiate.
• Helping your competition sell. If you are priced above your competition you are actually making their home more attractive to potential buyers because their home appears to be a better bargain.
• By over pricing you may have to eventually drop your home below market price to compete with new well-priced listing.

You run the risk initially of loosing buyers to other properties because they feel you would not be willing to negotiate and come down in price. You could then loose them again because when you do reduce your price, months later, their perception of the market has also changed for the negative thus lowering what they are willing to pay for your home in this "new" market. So, you have lost some control in the negotiation.

So, the key to selling real estate in Northern Wisconsin  is to price your property competitively from the start to avoid any of the risks above and generate good buyer and broker activity from the start!!

For more information on Northern Wisconsin real estate and to view all MLS listings click here 

Copyright©by Julie Paez, All Rights Reserved, Selling Real Estate in Northern Wisconsin- What affects market value?

When buying real estate in Northern Wisconsin it is best to use a full time agent.  It can be tricky if you are not familiar with many of the different aspects of the transaction.   In the tucked away counties of Oneida and Vilas counties where the majority of our business is selling dreams in the form of second homes and vacation properties we have some different issues that you want to be aware of so that the transaction goes as smoothly as possible.  None of these should make you wary if you are working with a full time local professional.

Several of the issues I am going to address are-

• Septics
• Wells
• Surveys

One of the items I am referring to are issues with septic systems.  We are such a remote rural area that we have septic systems rather than city plumbing.  There are many different types of system's from conventional systems to mound systems and ,as a buyer, you want to inspect the system and find out as much as you can about it prior to closing.  Many parcels sold for sale by owner don't address this issue and it can come up to haunt a new buyer after closing.  The counties of Oneida and Vilas, in particular, have enacted ordinances that will require systems to be tested and put on the county program and if they fail you may end up having to put in a new system at a good expense to you.  Again, not a big deal if you have someone helping you through the process.

Another item that can be unique to Northern Wisconsin real estate can be surveys.  While not unique in themselves because of our rural setting we have many easements and shared drives that until title work is ordered you , as a buyer, may not be aware of.  Your local professional should help you discover whether there are easements, shared drives, and recent surveys on file.  We are not standard in lot sizes like in many urban areas so what you find is that many lots are irregular or split off of a larger piece so for your protection it is always a good idea to ask for a survey in your offer to purchase.

We also have wells versus municipal water and there are different types of systems there as well.  You can have a drilled well or a point driven well and it is also good to have a water test with your purchase while you are investigating what type of well you have and if it is compliant or non compliant with current county ordinances. 

The bottom line is truly that to leave satisfied you must arrive prepared and the best way to insure that when buying property in Northern Wisconsin is working with a local full time professional.  I often recommend buyers agency and this can often make the transaction smooth and painless for you. For more information on Buyers Agency in Northern Wisconsin click here and discover the painless way to purchase property in Northern Wsconsin.

For more information on Northern Wisconsin real estate and to view all property listings click here.

Copyright©by Julie Paez, All Rights Reserved, When Buying Real Estate in Northern Wisconsin it is best to work with a full time agent