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DID YOU KNOW? The home price for sellers who use an agent is 16 percent higher than for those who don't, according to NATIONAL ASSOCIATION of REALTORS® 2005 Profile of Home Buyers and Sellers, and nine out of 10 home buyers use a real estate agent in the search process.
 
Crane Lake, MN Demographics
Population 97
Median Age 40.5 years
Median Household Income 32537
Percent of Single Households 34.2
Percent of Married Households 65.8
Percent Families (homes with children) 18.6
Average Household Size 2.1 people
College Education or Better 16.3
White Collar 47.2
Crane Lake, MN Cost of Living
Cost of Living Index 96.2
Yearly Utility Cost 2362
Consumer Expense 28331 per year
Education Expense 215 per year
Entertainment Expense 1349 per year
Transportation Expense 953 per year
Retail Expense 12660 per year
Non Retail Expense 15671 per year
Crane Lake, MN Quality of Life
Average Winter High Temperature 16.4 degrees
Average Winter Low Temperature -9.9 degrees
Average Summer High Temperature 80.6 degrees
Average Summer Low Temperature 51.6 degrees
Average Annual Percipitation 27.2 inches
Air Quality 14
Crime Index 5
Personal Crime Index 3
Culture Index 104

Crane Lake Property value is an ever changing feature of the real estate market. The reasons for these changes are as mottled as the changing of the seasons. A lot of these changes occur because of constant evaluations that occur over time due the buying and selling of Crane Lake homes. Property values are basically the pulse of any given real estate market and they are part of essential processes that are used to determine the worth of a Crane Lake home, such as an appraisal. Often these processes seek to outline the value of Crane Lake homes, based upon the values and trends of the current Crane Lake marketplace.

Enter the Crane Lake address for a professional appraiser. Many of us know what an appraiser is, but not many know what an appraiser actually does. Often times people think that an appraiser just looks at the home to determine the value. That couldn't be further from the truth. The Crane Lake appraiser uses much more information than just the physical appearance when determining Crane Lake property values. There are a number of factors that an appraiser looks at before arriving at an estimated property value. In fact, inspecting the property is just a small part of the overall picture.

In the world of Crane Lake real estate there is one driving factor Crane Lake home value; and home value can only be assured by one process, the appraisal. The appraisal in its simplest form is the opinion of home value. However, as with most things in life, more than one factor often plays out in the full Crane Lake appraisal process.


Featured For Sale By Owner Property Listings
in CRANE LAKE Minnesota

Property Listings powered by ByOwnerMLS.com
Property Type Address City, State Zipcode Price
Single Family 6032 Lake Street AURORA, MN 55705 $350,000.00
Single Family 116 E. Park Drive HIBBING, MN 55746 $189,000.00
Single Family 6224 Heldt Rd HIBBING, MN 55746 $295,000.00
Single Family View This Listing AURORA, MN 55705 $349,500.00
Single Family 2340 Minnesota Avenue DULUTH, MN 55802 $633,000.00
Single Family 6102 Rice Lake Rd DULUTH, MN 55803 $185,000.00
Single Family 114 Lyons DULUTH, MN 55811 $264,900.00
Single Family 114 Lyons Street DULUTH, MN 55811 $264,900.00
Single Family 405 West Shagawa Road ELY, MN 55731 $59,900.00
Single Family 1820 E 6th Street DULUTH, MN 55812 $210,000.00
To view all the home and property listings in CRANE LAKE, Minnesota - click here