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

Northern Wisconsin real estate information for Buyers and Sellers looking to make their dreams come true!!

Three Lakes Chain, WI Premier Property DRASTICALLY REDUCED!!

Planting Ground Lake property on the Three Lakes Chain has been drastically reduced!!

 

This Three Lakes Chain WI Premier property has been drastically reduced for sale! This seller has said "Make Me An Offer" so the price has been slashed!  This unique parcfel began its list price at $1,195,000 and is now being offered at $749,000!. This Three Lakes, WI chain home on Planting Ground lake offers so much more than the competition that you MUST see it to appreciate it!  It offers 3BR's, 2.5 BA's over 3000 square feet of living space, a COoKS kitchen, 2 fieldstone heatolator fireplaces, a master suite, 2 steam showers, a Pearl Hot Tub, skylights, an amazing great room , a lower level walkout, an oversized attached garage and so much more!!

 

 

 

The grounds offer 100 feet of gorgeous ripple sand frontage, over 1.7 acres of land, south western exposure for breathtaking sunsets AND beautiful lake breezes off the chain. There is also an oversized toy storage shed with additional storage above the garage!Planting Ground lake is a 1012 acre lake on the 32 lake chain and it is one of the least traveled and most sought after!  This Seller's favorite thing about this home is the "hawiian like breezes off the lake" and the outstanding lake views!

 

 

 

 

 

This Three Lakes Chain, WI premier property has been drastrically reduced for sale so take the opportunity and come and see what this great property offers you! Located just south of Eagle River Wisconsin and just 's north of Three Lakes Wisconsin this is the ideal getaway for anyone!   Make us and offer and see what this Three Lakes Chain premier property has for you!

   To view the VIRTUAL TOUR of this property just click here :  Planting Ground Premier

  

Copyright©by Julie Paez, All Rights Reserved, Three Lakes Chain WI premier property drastically reduced! 

 

1 commentJulie Paez GRI, CHMS • November 06 2009 12:44PM

Amazing Homes For Sale on pristine Black Oak lake in Land O Lakes, WI

Amazing Homes For Sale on pristine Black Oak lake in Land O Lakes, WI

Amazing TWO for the price of ONE opportunity on Black Oak Lake in Land O Lakes, WI!!  This parcel in Vilas county is tucked away in Land O Lakes, WI on pristine Black Oak Lake!

... Looking for that charming home and guest home in the North woods that could be the cover of Cabin Life Magazine? Look no further. Here it is in beautiful Northern Wisconsin!!

 

 

This amazing property offers so much for the individual with an eye for detail and charm that longs for a unique Northwood's home that oozes style. This home was recently remodeled from head to toe and the Seller's spared no expense in doing so. The main home boasts over 1700 sq. feet of living space, 2 bedrooms ( one with a walk in closet) , 2 baths, a gourmet kitchen with corian counter tops, jaco bean cabinetry w/pitted glass windows, stainless steel appliances, & checkerboard maple flooring.

 

 

 The living/dining room offers ample gathering space for family and friends and it can spill out onto the deck just off this room bringing the lake into your living space. There is also an enormous lannon stone wood burning fireplace that can be the focal point of your room during those cool winter evenings. It also has a mud room off the one car attached garage and lakeside windows that truly make you feel like you are sitting right at the water's edge.

The guest cottage, also year around, offers 2 bedrooms, one bath, a full kitchen and a wood burning fireplace. There is ample space for friends or family to stay for a weekend or weeks on end.

 

 The beautifully landscaped lot affords loads of privacy, is 3.39 acres in size, has 225 feet of gorgeous level sand/silt frontage and sits on a quieter bay of the lake so you don't have a lot of boat traffic right out front. There is an additional 2 car oversized detached garage, large storage shed with fish house out back and so much more here that I can't mention. This lake is a top quality lake that seldom turns properties over so come and take a peak today. Seller's are ready to move on so they priced this unique home over 90,000 under fair market value. You must see it to believe it! Adjoining vacant lot with 150 feet of frontage is also available.

So if your looking for an amazing TWO for the price of ONE opportunity on Black Oak Lake in Land O Lakes, WI!!  This home in Vilas county on pristine Black Oak Lake could be the perfect opportunity for you!

 To view this property or others in Northern WI check out this local resourse.

 

 Copyright©by Julie Paez, All Rights Reserved,  Amazing Homes For Sale on pristine Black Oak lake in Land O Lakes, WI

0 commentsJulie Paez GRI, CHMS • July 14 2009 09:51PM

Deals and Steals in Northern Wisconsin's tucked away counties of Vilas and Oneida and the towns surrounding serene Eagle River, Wisconsin.

Deals and Steals in Northern Wisconsin's tucked away counties of Vilas and Oneida and the towns surrounding serene Eagle River, Wisconsin.   

As July slowly drips by us up in beautiful Northern Wisconsin's tucked away counties of Vilas and Oneida I find myself wondering where are all the buyer's looking for great deals in beautiful Eagle River Wisconsin!!

We are half way through the year and here are some REAL numbers!!

Unit sales in June 2008 were 123, in 2007, they were 186 and in 2006 they were 207.  In 2009, June unit sales of homes in Vilas and Oneida Counties were a disappointing 79 units.  We are selling 38% of the homes that we were in 2006 and 64% of what we were in 2008.

We are seeing values fall between 85 and 90 percent of list price and the ones that are selling are the proerties being reduced and priced competitively. There are reductions daily and the savvy buyer can make the most of this buying season!

This is normally our prime time of the year and I can not stress again that.... our inventory is excellent and there are terrific values out there. We just simply need  BUYERS!!!

We were feeling optimistic about the second half of 2009, but we are afraid that our expectations may have been set too high.  Other areas of the country are rebounding but there is a definite stalemate here right now.  So, if buying this season is your intention then I would jump off the fence NOW and make the most of the low interest rates as well as the lack of buyers.  You are in an ideal position  and I can't imagine a better buyer environment.  Be prepared to look at several places and be prepared for some seller's unwillingness to move in pricing. However, there are some that are flexible and are motivated to sell. So, call your local REALTOR and let's make certain you are maximizing your searches and prepared for  your purchase!   

So, if YOUR looking for deals in Northern Wisconsin's tucked away counties of Vilas and Oneida and the towns surrounding serene Eagle River, Wisconsin call your local expert Julie Paez @ !!

 

Copyright©by Julie Paez, All Rights Reserved,  Deals and Steals in Northern Wisconsin's tucked away counties of Vilas and Oneida and the towns surrounding serene Eagle River, Wisconsin.

 

1 commentJulie Paez GRI, CHMS • July 14 2009 09:12PM

Selling your home in Eagle River, Wisconsin's market place

Selling real estate in our current Eagle River, Wisconsin market place is showing certain challenges in Northern Wisconsin.  As we head into the second half of our year, normally known as our busy season, we are seeing several trends appear in our ever changing market.  Doing business today is not only a challenge getting a prospective buyer to make an offer but then trying to hammer through all the details that follow. As always, working with a license REALTOR who is knowledgeable about changing banking and appraisal standards is always best.

  • One of the first problems in the Eagle River, Wisconsin market place is actually getting a buyer to look at your home.  While offers are down in number we are seeing that buyers know a value when they see it and if you want your home shown you must get it priced "ahead of the declining curve". Many agents like to appease their seller's with pricing and in some years that was okay because there were less homes on the market and prices were rising so you had more demand for everything.  This market is different.  We have loads of supply and a small number of buyers so if you want to sell you MUST be as attractive as ever. Unfortunately, that attraction comes from pricing. Price it ahead of the curve so it stands out against the competition.

 

  • So, you get an offer and you already feel as if you have made concessions in pricing so what do you do when they don't come in as high as you would have liked? You have your REALTOR re-evaluate pricing and see if there are any new or recent comparable since listing your property, and then you decide truly where your bottom line is and how much you want to sell.  This is very important b/c offers come far and few between and if this one does not work you have to be prepared to be on market for a lengthier amount of time and if the decline continues you may end up selling for less than what you are at now.  You should also have your REALTOR discuss with the agent working with the buyer what their motivation is.  This is key in this market because we are seeing more buyers walk after making one attempt at purchasing and if the Seller does not concede to a price they deem appropriate they simply walk away to another property.

 

  • Buyer's are buying with their pocketbooks and NOT their heartstrings and this is making a huge difference in pricing and commitment to an offer to purchase.  They are shopping amenities and looking at homes for features rather than charm and ambiance.  Talk to your REALTOR about where you stack up against your competition in these categories and price appropriately so you are selling yourself and NOT your competition!  Another way to think of this is to realize they are not buying the emotions you have wrapped up in the parcel. You must try and separate yourself from the transaction, this will help you to avoid having your personal pride and emotions afflicted by the entire negotiation process.  Again, this is something your REALTOR should be able to coach you through.

 

  • So, now you have an accepted offer and you must get through the grueling inspection, appraisal, and lending portions of the process to get to a closing.  These issues can cause more stress to seller's than the actual negotiation process.... Be prepared for items to come up .. no home will go unscathed by a good home inspector, so be proactive and have your own done when you first list. This will help you to understand how it works, see what inspectors, look for, and give you a to do list so you have everything completed when an offer comes in. The appraisal and lending processes have also changes quite a bit recently.  We are hearing that appraisals can take 4-6 weeks to be completed, and are being completed by out of town appraisers who are unfamiliar with our properties so this can take longer and be a source of aggravation for our seller's...  Lastly, we have the lending process and we are beginning to hear stories about lender's only using 80% of appraised value. So, we are an ever changing market place...

 

So, when selling your home in beautiful Eagle River, Wisconsin  start by working with a full time, professional agent that is trying to get you ahead of the market curve!. Northern Wisconsin real estate is experiencing a different market and you need to know what is happening in your neighborhood if you want to sell in 2009!

 

Copyright©by Julie Paez, All Rights Reserved, Selling your home in Eagle River Wisconsin's market place 

 

0 commentsJulie Paez GRI, CHMS • June 25 2009 12:27PM

Kentuck Lake Dream Property - Eagle River, WI

               

Kentuck Lake Deam Property in Eagle River, WI

 

This Kentuck Lake Dream property in Eagle River, WIoffers 3 bedrooms- one being an amazing lakeside main level master -  3.5 baths and defines what TODAY'S buyers are looking for. It is a statement in luxury and offers the best of lake side living. From the moment you enter the home through the covered deck you are greeted by natural hard pine wood floors that lead you into the great room and the wall of windows with western exposure & sunset views of Lake Kentuck.

The custom kitchen offers stainless steel appliances, lake views and loads of upgrades as well as plenty of space for entertaining family and friends. The great room is accented by a huge stone wood burning fireplace that is the centerpiece of this amazing room.

The master suite just off the great room allows you to wake up to views of the lake. The home spares nothing and also offers an office on the main level as well as laundry facilities. The upstairs holds 2 over sized guest rooms with ample closet space and both have lakeside views. The finished lower level offers a walkout, loads of storage, a sauna room, third full bath as well as access to the attached garage and with large windows for light this room has multiple uses.

This is only the beginning!  You also have an amazing screened in porch/patio with an outdoor wood burner off the kitchen which these seller's use as additional living/entertaining space.  There is also an outdoor shower for family and guests as they come off the lake, amazing features like built in bookshelves, and a three car attached heated garage with workroom and a built in dust control system. 

This lot is one of the most level I have seen on Kentuck Lake and is over 2 acres in size with 250 feet of frontage. There are maybe 10 steps to your crystal clear frontage so this is the perfect spot for any buyer!! In fact this lot was used as a private boat launch by the previous owner!

 

It is tastefully landscaped with a natural clearing to the lake and there is a built in sprinkler system for ease of care. This parcel also has a 1/36th interest in an out lot so you are insured your privacy forever. This is a must see home for anyone looking to be on a premier lake with an amazing home.

Kentuck Lake offers 957 acres of full recreation as well as excellent fishing.. It is over 40 feet deep and is a clear water lake.. This lake and this home are both of the highest quality and this is a must see property for the discriminating buyer... Come to this Kentuck Lake Dream property just outside of Eagle River Wisconsin and see what could be your next home.

 For more information on Northern Wisconsin Real Estate just click here.

Copyright©by Julie Paez, All Rights Reserved, Kentuck Lake Dream property in Eagle River, Wisconsin.

2 commentsJulie Paez GRI, CHMS • June 07 2009 02:26PM

Real Estate in Northern Wisconsin is starting to pick up!!!

 

Real Estate in Northern Wisconsin is starting to pick up!  More specifically my area of Vilas and Oneida counties as well as the surrounding Eagle River area!!!  Blame it on the media, blame it on the stock market or blame it on the new commander in chief... I don't care who takes credit I am just glad to see offers getting put down in writing!  Over the last 30 days we have seen approximately 45 offers get accepted in my area of Vilas and Oneida counties compared to 10 the month before. The better news is that our supply is coming down and buyers are starting to believe the bottom is NOW!!

I still, personally, have buyers unwilling to believe that this is true but as they continue to miss out on housing opportunities I know their ideas will change.  Until these properties close we have no way of knowing what our average value is but from my personal experience, while the buyers are writing offers lower than normal they are not necessarily get accepted at discounted prices.. Northern Wisconsin is correcting their pricing.

As the snow melts we generally see a pick up of activity but seldom a buzz like this.  We generally see our true summer kick off start in June, rather than in May, but as local experts educate sellers as to the market conditions and how to price their homes for sale we are seeing the results.  Allot of the homes "popping" are in that 100k to 300k range but there were a couple of exceptions and those exceptions this early in the season are welcomed.  This is especially true because the higher end market is what we completely lacked through the last selling season in Vilas counties real estate market

Things to remember in this market for buyers: 

  • Ask for Buyers agency, no DEMAND it.. Now that the market is starting to move you want to be abreast of recent homes sold comparable to what you are looking at to help you determine value.
  • Keep in contact with your REALTOR and when they say to come and look at a property before its gone.. simply listen...
  • Remember, when you see a value out there the chances are that all the other buyers out there in cyber-space do as well so move on the property and don't hesitate.
  • Pre-Approval.. Talk to your banker so when you are ready you have NOTHING holding you back and a letter from a bank can make your offer far stronger than your competitions!

For more information on buyers agency check out this recent blog by clicking here

So, it is with optimism that I write today because Real Estate in Northern Wisconsin is starting to pick up and I am willing to give credit to anyone wanting it!  In my humble opinion it is the agents on the forefront continuing to educate sellers as to how to make their home stand out in this market price wise that are making the true difference and as we all know with a decrease in supply our demand should increase as well. So, buyers, jump off that fence and into the Northern Wisconsin real estate market before it is too late!

 

Copyright©by Julie Paez, All Rights Reserved, Real Estate in Northern Wisconsin is starting to pick up!!

0 commentsJulie Paez GRI, CHMS • May 15 2009 06:52PM

What determines real estate values in Eagle River Wisconsin ???

 

What determines real estate values in Eagle River Wisconsin???It is not the job of a REALTOR to tell you what your home is worth because, quite honestly, it is worth many different things to many different people.  The appraiser will put their market value on it, the assessor will put a tax value on it, the insurance company will place a replacement value on it and the prospective buyer will put a purchase value or and you will place sentimental value on it. 

The difficult job of the REALTOR is to determine what that value will be in the current market based on the current conditions, the competition, and the potential value to a prospective buyer. The best price obtainable in any market can only be determined by thoroughly watching the market and analyzing the competition. In the final analysis, the market dictates value, based on current conditions, the current supply of buyers and the current competition. In Eagle River Wisconsin this is most certainly true!

The key thing to remember, as a seller, is that buyer's are back to comparison shopping.  We are no longer in a seller's market where buyers were scrambling to grab properties as they hit the market.  We are in a buyer's market now and buyers are, again, looking at multiple homes at a time before making a decision. Many even writing offers on multiple homes because price is their biggest motivation to the purchase process and they are not committing them selves to one home because they want to be able to negotiate without having sentimental attachments.

All of this means that, basically, the best obtainable price for your home will be determined by the market, not the REALTOR, or the appraiser or the assessor.  The buyer will shop based on amenities and features of the home and it is unlikely that your home will sell for more than could be paid for another home with similar features and amenities. You may, in fact, end up helping your competition sell if your agent does not properly position you against the competition.

So, pricing is the key in this market and what determines real estate values in Eagle River Wisconsinis not the agent, the appraiser, or the assessor ...it is the buyer and what they are willing to pay.  So, you want to make certain that your home finds a niche where it sparks interest and showings so valuable time on the market is not lost with your home over priced. 

For additional information on what can affect your market value in Eagle River Wisconsin just click here.

 

Copyright©by Julie Paez, All Rights Reserved, What determines real estate values in Eagle River, WI ???

0 commentsJulie Paez GRI, CHMS • April 28 2009 08:30PM

Amazing concrete construction home in Eagle River Wisconsin is priced to Sell!

Whether you are relocating / retiring / or looking for a spot for your home based business this amazing concrete construction home on Big Sky Dr. in Eagle River Wisconsin is priced to sell and a must see property.  This 1800+ sq. foot home offers energy efficient living for the thrifty shopper.  It boasts draft free walls and full concrete construction so this home is solid and incredibly cheap to heat! It is located just north of Eagle River WI on Big Sky Dr. and is convenient to all Northwood's recreation, as well as, shopping and schools.

The home itself offers 3 bedrooms, 2 full baths, a bonus room that could be used as an office, main level laundry, a mud room, attached 2 car garage, and open concept living with a gas fireplace on the main level and a second living space in the lower level.  Immaculately kept and loved this home offers worry free living and was constructed in 2004. There is a back deck overlooking your private back yard and a large work room in the basement offering extra storage space.  The lot is large enough to offer a second garage or out building for you to run your home based business or to store all of your Northwoods toys!!

 

So, if your shopping for Eagle River Wisconsin property you must check out this amazing concrete construction home in Eagle River Wisconsin beacuse it is priced to selland ready for you to move in and start enjoying the benefits of Northwood's living. Some of those benefits, again, are as follows:

  • Maintenance free living
  • Energy efficient with superior construction
  • Main level living
  • 2 car attached garage
  • Over sized private lot
  • Minutes from downtown Eagle River
  • Located between many great lakes for fishing or recreation
  • Neat as a pin and ready to move in!!!

For more information and additional pictures of this property and other Northern Wisconsin listings check out this local resource .

 

 

Copyright©by Julie Paez, All Rights Reserved, Amazing concrete construction home on Big Sky Dr. in Eagle River Wisconsin is priced to sell!!

 

 

 

   

 

0 commentsJulie Paez GRI, CHMS • April 21 2009 12:25PM

When buying real estate in Eagle River, WI look for a full service agent!

Buying real estate in Eagle River, WI is going to require a full service  agent  who is working for you, getting you new listings and price reductions  as soon as they hit the market.  It is no longer the time for doom and gloom it is the time for watch, be patient and be ready!! In Northern Wisconsin,where I sell real estate, most sellers are starting to realize that if they want to sell they are going to have to be somewhat flexible with their pricing.  Buyers are also starting to see that when something is priced at market value they better spring and do so quickly or the property will simply be gone.  Eagle River, WI IS selling real estate it is just not business as usual...

According to MLS numbers in my marketplace in Eagle River, WI ( the counties of Vilas and Oneida) we have sold 13 waterfront properties since the first of the year.  Those properties that sold were to in the 100-400,000 dollar range. From my experience with this set of buyers I know that they are ready to buy, have financing in order and know exactly what they are looking for.  The key for these buyers is service and aaccessibility.  They want to know what is hitting the market when it is hitting the market and they don't want to have to wait for information b/c they might lose a buying opportunity. 

While it is true that both volume and sale price are down it is not what you would expect.  Our average sale price is down about 8% but we are seeing list to sale ratios up to about 91%.  The reason for this increase is that Seller's are starting to move their homes into market value range and when they do the buyers come quickly and with high offers. This alone is the reason to be prepared and be working with a professional in the area you want to buy in. In Eagle River, Wisconsin's real estate market  it can mean the difference between getting that dream vacation home and not!

There are several things your REALTOR should be going over with you prior to even setting up a property search:

  • How ready are you? Do you have financing in order? If the property you decide is a foreclosure whether or not you have a pre-approval letter could make the difference between you getting the property or someone else.
  • Are you ready to write a good offer when your property comes available?  Trying to low ball an already discounted property will surely waste precious time when you could be locking that property in for what you already know is a good and fair value.
  • Know exactly what you want so you don't have to waste time shopping around when your ideal properyt does come up. This will eliminate you second guessing yourself. A good REALTOR will have no problem getting your feet wet in their marketplace.
  • Let your agent know how and when to reach you if something does become available and you are perhaps at an alternate workplace or home office. If they can't reach you they can't let you know what's happening.
  • Lastly, work with a REALTOR you trust and , I recommend, just one! Find someone who you believe is getting you accurate information in a timely manner and someone who talks to you about Buyers Agency and the agency relationship.  This is so important because when someone tells you to make a good offer or that another offer has come in on a property you are considering ... you really want to believe them and this can be crucial in your decision making process. So, interview, ask questions of them  like you would with any other professional and ask for testimonials. A good agent should be able to provide everything you need to start building that trusting relationship.

So, when you are thinking about buying real estate in Eagle River, WI. look for a full service agent it will make the difference, especially in today's Buyer's market.

For information on all Eagle River, and Northern Wisconsin listings and foreclosures go to this local resource.

 

Copyright©by Julie Paez, All Rights Reserved, When buying real estate in Eagle River, WI look for a full service agent, it will make the difference. 

0 commentsJulie Paez GRI, CHMS • April 09 2009 06:54PM

Wisconsin property for sale on pristine Anvil Lake in Eagle River, WI

This Northern Wisconsin property on pristine Anvil Lake in Eagle River, WI is a retreat all in itself! Located off of Military Rd. and  just 10 minutes from Eagle River, WIthis home will start to pull you in from the moment you turn onto its paved driveway.  The winding blacktop drive leads you to this lovely cedar sided 2000 stick built sanctuary. This home sits on 6.3 acres of wooded land and offers you 230 feet of pristine sand shoreline on one of the most sought after lakes tucked away in the Nicolet National Forest, Anvil Lake. The family that currently resides here love the outdoors and they describe this home on Anil Lake as their Four Season Gateway to activity.  It is a wonderful custom masterpiece that has over 5000 sq. feet of living space, 6 bedrooms, 3.5 baths, a finished lower level walkout and so much more....

The great room offers you a wall of windows that practically pulls the lake into the living room and if you are an entertainer the 3 season porch, over-sized covered deck and den all spill off of this amazing space. The master is also located on the main level as well as the custom kitchen w/ walk-in pantry, mud room, and laundry room.  There is also a cozy double sided fireplace for those cool evenings and a rotating TV stand so whether in the den or great room you will have access!  This space is an amazing place to watch sunrises spill over the level lawn as you prepare your activities for the day.

The upstairs offers 4 bedrooms and a full bath as well as a private reading nook for those rainy days when you can't be outside.  The lower level offers 2 sets of patio doors and truly is an access point for lakefront living.. The current owners use this space as a game/rec room but this space is plumbed in for a wet bar and with the amount of room available here you can really create your own vision. There is also an additional bedroom, work out room  and full bath as well as another set of laundry hook ups on this level as well.

There are so many amenities here that you must see this property to appreciate it! Not only do you have loads of room in the home but you also have a 3 car attached garage as well as a 22x30 out building with its own 200 amp service so you have a place to store all of your North wood's toys. From quiet sports like snowshoeing and cross country skiing to snowmobiling and water skiing this could be the ideal location for you and your family.  The lake itself offers 380 acres of sand bottom crystal clear waters and with National Forest lands right down the street you don't have to go far for hiking and bike trails. This Wisconsin property for sale on pristine Anvil Lake in Eagle River truly is your gateway to four seasons of North wood's recreation!

For additional information on this property check out www.AnvilLakeRetreat.com  or for information on other properties in beautiful Eagle River, WI check out this resource.

Copyright©by Julie Paez, All Rights Reserved, Wisconsin property fo sale on pristine Anvil Lake in Eagle River, WI

1 commentJulie Paez GRI, CHMS • April 06 2009 06:35PM