Living in Angle Inlet, MN
Angle Inlet, MN is a small, tranquil town located at the northernmost point of Minnesota. Known for its breathtaking natural landscapes and close-knit community, it provides a peaceful lifestyle surrounded by outdoor adventures like fishing and boating on Lake of the Woods. Visitors and residents alike cherish the charm and serenity that this northern gem offers.
Current Market Conditions in Angle Inlet, MN
The real estate market in Angle Inlet is currently stable, with modest demand for homes as more individuals look to retire or vacation in this picturesque locale. The appeal of living near Lake of the Woods enhances property values, especially for lakefront homes, which are highly sought after.
In recent months, there has been a noticeable increase in interest in vacation homes, as more families prioritize outdoor activities and remote getaways. This has led to a slight uptick in home prices, although they remain relatively affordable compared to more urbanized areas.
Buyers are primarily seeking homes that offer easy access to the lakes and recreational opportunities, indicating a positive trend towards year-round inhabitants or seasonal residents looking to invest in second homes.
Home Value Estimator For Angle Inlet, MN
There are currently 187 real estate properties
in Angle Inlet, MN,
with a median automated valuation model (AVM) price
of $196,648.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Angle Inlet, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Angle Inlet, MN,
is $263,616.00, with the most expensive house
in Angle Inlet, MN, topping out
at $6,500,000.00 and the cheapest home
in Angle Inlet, MN,
clocking in at $22,116.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Angle Inlet, MN!
Rent Prices
In Angle Inlet, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Angle Inlet, MN, is on
a rollercoaster ride. The
average rent price in Angle Inlet, MN,
is $1,192.00. Indeed, when looking to rent in
Angle Inlet, MN, you can expect to pay as little
as $790.00 or as much
as $1,930.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Angle Inlet, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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