Northwoods Realty Blog by Coldwell Banker Mulleady Inc. Realtors

Vilas County Sale Price vs Fair Market Value

  This is always an interesting look!  The chart above looks at the sales price vs. the Fair Market Value as established by the town assessor and Wisconsin Department of Revenue.  I have broken down by town (each town has its own assessor) and by if the home is on-water or off-water.  The overall trend…

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Northwoods Home Sales/Listed 2007 – 2019

  We are greeted with disappointing home sale results in January. Home sales were only 66 units and this compares with 85 units in December (-22%) and 83 units in January 2018 (-20%). Why the poor results?  I have no idea.  We had a terrific 2018.  Our sales in 2018 were up 10%.   The weather in December and early January…

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Two Beautiful Upper Peninsula Relocation Destinations

Whether Up North means northern Wisconsin or northern Michigan, the “Up North” state of mind evokes cabins, lakes, pine trees, and the opportunity to take a deep breath and relax. It’s no wonder so many visitors decide to either buy a second home or relocate there. For those considering northern Michigan, two beautiful Upper Peninsula…

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Affordable Property in Mercer: The Road Less Taken

Since the 19th century, the beauty of the Northwoods brought visitors, their numbers increasing each decade. In the 20th century, tourism surpassed lumber and became the primary industry. While several towns and small cities became meccas for tourism, some maintained their untouched rural beauty.  Affordable Mercer rests at the end of one of those roads…

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Things to Consider When Buying a Lake Property in Eagle River

When people think of Eagle River, different images pop into their minds. It’s the Snowmobile Capitol of the World, home to the Labatt Blue Pond Hockey Championships, but to most, Eagle River’s claim to fame is it’s Chain of Lakes, 28 interconnected lakes–the largest in the world. It’s no surprise that many people dream of…

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Northwoods Realty News 1-18-2019

Hello 2019.  We are still busy closing the books on 2018 and we have a look at where average prices ended the year.  I was anticipating 3%+ growth and it appears that my estimate came in short.  The big winner was Vilas County on water rose a whopping 11% from 2017.  The average sales price…

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Why Investing in Rhinelander Real Estate May Be Best For Your Budget

The Northwoods is a special part of Wisconsin that often converts visitors into full or part-time homeowners. Our incredible lakes, forests, and charming communities are ideal settings for family retreats. Each of our towns and cities has their own personality–so do our lakes! While a large lakefront home on the Chain of Lakes may be…

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The Legendary Northwoods

Since the late 19th century, the northwoods, known for it’s fresh air and clear lakes, attracted visitors from Midwestern cities. Initially, most tourists were fisherman and hunters. As word about the pristine, unspoiled beauty “Up North” spread, so did the numbers of tourists. Resorts and supper clubs began to populate. Some like Little Bohemia Lodge…

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Coldwell Banker Mulleady Realtors’ Commitment to Community

  At Coldwell Banker Mulleady REALTORS®, we have a history of strong commitment to community. One of our favorite quotes is, “Only by giving are you able to receive more than you already have.” ~ Jim Rohn. For many years, we have raised money for the Northern Access Special Olympics at Minocqua’s famous Beef-A-Rama (attended…

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The Meyers Team Real Estate Sub-Segments

  Happy Thanksgiving!  Before we gobble down, I thought I would dish up stats on sub-segments on the Northwoods real estate market.  People are always amazed at how low the percentage of homes sold is compared to the number of listings taken.  In a nation of housing shortages, we still only sell about 40% of…

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