Brainerd Real Estate

Filed in Minnesota Real Estate by on May 26, 2009 0 Comments

Check out Brainerd MN homes currently for sale on the Minnesota MLS/IDX system.

If you close your eyes and some one says the word “Brainerd,” what images come to mind? Lots of Big fish. A large assortment of crystal clear, sparkling Minnesota lakes. If you are a fisherman, you probably thought about a number of MN walleye lakes in Crow Wing County. You may have also thought about race cars and go-karts. What about that fountain that looks like a lion’s head that you drink from next to the landmark water tower? Almost every tourist has a photo of  their kids sticking their heads into a lion’s mouth.

Now its time to open your eyes and notice that the Brainerd real estate market offers value an affordability. It also is a pretty darn nice place to live. The locals have known this ever since the railroads first came through here. It started out as a lumber town, but now this Crow Wing MN County Seat with a population of about 14,000 is a major resort area and commercial hub of local enterprises, manufacturing, and service industries. The adjacent town of Baxter has become a major retail center for the region.

Brainerd Homes for Sale

The next time you come up here to visit your favorite Minnesota walleye lake, take a look at a few real estate listings. You will have to pinch yourself because you will think you are dreaming. The conditions of the Brainerd real estate market are easy to face. Houses are surprisingly affordable. If you live up here year round, you won’t have to make that scenic drive from your Minneapolis home every time you just want to snag a few walleyes on a sky-blue Crow Wing County lake. Considering the historically low interest rates and the first time home-buyer’s tax credit, and the reality of owning nice property is so close that it is knocking on your door right now!

Right now, there are 109 single family Brainerd homes for sale going for an insanely low average price of $211,773, and an average finished square footage of 2,040.  Sixty three of these houes are under 200K.

According to the Northstar Regional MLS Brainerd statistics, there are only a handful of single family homes for sale that are less than two or three years old.  However, if you don’t dilly-dally, you might be able to write an offer on a nice split entry with four or five bedrooms close to Upper South Long Lake in Whispering Oaks West and get it for less than 200K. For about 200K, you might pick up a Brainerd home with small acreage in Wallering Woods, also close to the same lake.  If you are looking for a house right in the middle of Brainerd, you have dozens of options priced under 150K.

Luxury Homes (500K+)

What? Anything over 500K is considered a Brainerd luxury home?  Yes!  Anything in the Minneapolis real estate market that is vaguely similar will cost you at least twice as much.  You will get more here for your money than anywhere in the Twin Cities.  In fact, at the time of this post, there were no homes for sale listed for over 1M on the Northstar Regional MN MLS system.  In fact, you just might be able to pick up a nice home on the Gull Lake Chain (Round, Love Lake, etc.) for 600K-700K.

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