The Brainerd Real Estate Market

Brainerd is also a unique-yet-beautiful area and iseither on a lake or have access to private
the ideal place to take a family vacation, businesswaterfronts. However, plenty of properties are
conference or just a weekend getaway.also available for those who prefer more
Thousands of tourists vacation in the Brainerd'town-living' situations. Several properties are
Lakes Area for the summer, coming from thelocated on the mighty Mississippi River.
metropolitan areas of the Twin Cities, Michigan,Overall Crow Wing County's growth of new
Wisconsin, and North Dakota. With a backdrop ofproperty listings is continuing through economic
over four hundred stunning, natural, scenic lakesdownturn, revenue and sales make it a time for
and rivers in the surrounding areas, it offersperfect investment opportunity. In the last month
something for anybody and everybody, of allalone, its new real estate property listings rose by
ages. It is a golfers paradise with several "topa total of 20.3%, closed sales jumped by a
100" golf courses and Fish Wranglers dream.staggering 59.1% versus this time last year. The
Over a hundred miles of paved trails for hikersaverage days a property was on the market
and walkers that runs through the scenic lakes,before being sold dropped by 12.2%. Average
rivers, and winding through vast forestsproperty prices from last year have risen 78.5%.
throughout Central Minnesota. The winter seasonA 0.3% increase in properties with private
also attracts a lot of winter sports, ski, ice fishing,waterfront access, and a 13.6% increase in
hunting, and snow mobile enthusiasts. This year,properties with access to waterfronts and rivers
X-games athletes chose Brainerd as a place tomeans there is something to suit every buyer or
train for their X-game events.investor.
Brainerd is also a great place for those interestedThe home value average Brainerd real estate
in buying Real Estate. Currently, the Brainerd arealistings is a little over $172,000 making it very
has over three hundred properties for sale, withaffordable for the average buyer. Brainerd real
the median price of $167,000. Rentals ofestate has not been affected much by the recent
properties account for 44.2% of the real estatehousing crisis that has plagued in the United
housing market and 55.5% for home owners.States. When taking these statistics into
As of last year, the Brainerd area has seen aconsideration, it is easy to understand why it is a
12.5% rise on closed sales; the average sale pricegood time to reconsider purchasing real estate in
was $64,900, making it an excellent investment,Brainerd. Finding the perfect property should be a
as well as permanent, or holiday homes forsnap with an experienced real estate agent who
everyone. A percentage of Brainerd homes arespecializes in Brainerd real estate properties.