Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Beaver Bay, MN 55601. There are 0 discounted homes for sale in Beaver Bay, MN 55601 we think you'll love.
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Beaver Bay, MN is a quaint community situated along the North Shore of Lake Superior, known for its magnificent natural beauty and tranquility. This small town offers outdoor recreational opportunities, including hiking and fishing, along with a welcoming atmosphere and a close-knit community. With a friendly vibe and stunning landscapes, Beaver Bay is perfect for those looking for a peaceful lifestyle surrounded by nature.
There are currently 32 real estate properties in Beaver Bay, MN, with a median automated valuation model (AVM) price of $384,053.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Beaver Bay, 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 Beaver Bay, MN, is $380,316.00, with the most expensive house in Beaver Bay, MN, topping out at $985,303.00 and the cheapest home in Beaver Bay, MN, clocking in at $75,191.00. In other words, there’s something for every potential homebuyer or savvy investor in Beaver Bay, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Beaver Bay, MN, is on a rollercoaster ride. The average rent price in Beaver Bay, MN, is $1,229.00. Indeed, when looking to rent in Beaver Bay, MN, you can expect to pay as little as $660.00 or as much as $2,000.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Beaver Bay, 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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