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Lake Placid Real Estate Market Blog

Margie Philo, Real Estate Broker & Owner

Berkshire Hathaway HomeServices Adirondack Premier Properties

Join us here in the Brokers Suite, for up to date real estate news, plus Adirondack and Lake Placid real estate market information. Here we will provide you with inside tips to assist you in your purchase and offer relevant Adirondack real estate market resources.

"Where Experience Isn't Expensive, it’s Priceless."

Lake Placid Real Estate Market Expert

A Note From Our Broker

Berkshire Hathaway HomeServices Adirondack Premier Properties is a full service real estate and vacation rental firm in Lake Placid, dedicated to customer service and to old fashioned values. Treating people right, following through to be sure each transaction is completed with care, and excellence. Our agency believes in caring for each and every person. The thrill of a real estate deal is in how happy everyone is at the end, making new friends and smooth negotiations. Each of our sales agents and staff are hand picked by me, Margie Philo, Owner and Broker.

For the last 10 years we have been one of the leaders in Adirondack and Lake Placid real estate sales volume. Specializing in Adirondack waterfront, residential homes, and commercial sales; our team of professionals is here to assist you 7 days a week. Our vacation rental department has one of the largest inventories in the Adirondacks, featuring waterfront homes, condos and townhouse rentals, as well as Lake Placid vacation rental homes. We are available to help you find exactly what you’re looking for in a vacation. We welcome you to call and discuss what your dreams are, what we can do to make them happen and answer all of your questions. We are an upbeat and professional group of agents who believe in doing things right, with integrity.

Margie Philo, Broker & Owner

Summer Event Rentals

While the current weather has been unexpected it only adds excitement for the summer events. If you are planning on participating or enjoying the events that are coming up this summer, it is a perfect time to rent a gorgeous home in Lake Placid and experience everything it has to offer! Some of the featured events that will provide you with a memorable summer are: Lake Placid & I Love NY Horseshow – Tuesday, June 26th – Sunday, July 8th This is one of the premier stops on the nation’s hunter-jumper show circuit. It features some of the nation’s best Read More

April 17th, 2018

Events in Lake Placid March 16th – 18th

ECAC Men’s Ice Hockey Championship March 16th – Semi-Finals 4 pm & 7:30    March 17th  – Championship 7:30 pm This weekend will bring excitement for anyone who follows Division I ice hockey. The Eastern College Athletic Conference teams will be competing for the title of champion. The teams who will be competing are Cornell, Harvard, Princeton and Clarkson. Cornell comes in as the top team and will face Princeton in the first game while Clarkson and Harvard will compete in the second. Cornell and Clarkson are both ranked within the top ten nationally, so this will be a one-of-a-kind event Read More

March 14th, 2018

Events in Lake Placid March 1st – 4th

If you are in Lake Placid or are planning on visiting, the first weekend of March will provide you with multiple events for every age group. Erth’s Dinosaur Zoo Live! – March 1st & 2nd  – 6pm Lake Placid Center for the Arts – 17 Algonquin Drive, Lake Placid – $15 in advance/ $20 at the door This interactive event provides you with a tour that begins in pre-historic Australia. You will be able to observe & meet with a collection of life-like dinosaurs and other creatures. It is guaranteed to thrill and entertain while stimulating imaginations. This event is Read More

February 26th, 2018

Lake Placid, A Great Place To Own A Second Home

OPPORTUNITIES TO ENJOY SUMMER & WINTER SPORTS If you are an active outdoor enthusiast, the Lake Placid region will become one of your favorite escapes. The opportunity to participate in outdoor activities year-round is rarely found. The summer offers the hiking mountains, bike rides, paddling around one of the many lakes and even scenic runs where you will notice something new each time you go. Winter time provides you downhill skiing at Whiteface, cross-country ski or snowshoe at one of the many centers and skating at multiple venues. If you enjoy watching more than participating, Lake Placid provides you with Read More

February 23rd, 2018

Team USA WinterFest Presented by HERSEY’S Comes to Lake Placid

This 13-stop, interactive festival crisscrossed the country and is put together by the United States Olympic Committee. It started in New York City and had stops throughout the US as well as a day in Seoul, South Korea on February 19. This festival includes the HERSHEY’S S’moresmobile, the Team USA Social Media Truck and Curling Challenge presented by OREO, virtual-reality & interactive fan elements, athlete meet and greets, giveaways and more.   Lake Placid Events The event will be rolling into town on the closing weekend of the 2018 Games, February 24, providing visitors with the full closing ceremony experience. Read More

February 15th, 2018

5 Fun And Memorable Things To Do With Your Significant Other In The Winter

Valentine’s day is coming up and trying to plan the perfect day can be difficult. Here are some ideas that you can experience together around the region.   Experience The Outdoors The Tri-Lakes region is most known as an outdoor escape from the hustle and bustle of cities. Winter time provides many opportunities for you to enjoy the winter wonderland together. With options of Skiing/snowboarding at Whiteface to cross-country skiing at the Cascade Ski Center or Mt. Van Hoevenberg to skating around beautiful Mirror Lake. Enjoy with your significant other the perfect escape and provide you with one-of-a-kind views of Read More

February 6th, 2018

Congratulations Local Athletes!

After hosting two Olympics, Lake Placid is still a top destination for elite athletes to train for future games and world cups. With the games starting in a few weeks, we would like to congratulate all the athletes who will be competing. We would also like to wish our local athletes the best of luck in their respective sports. Their hard work and dedication is truly inspiring to see. The local athletes who will be competing are: Alpine Skiing- February 10th – February 18th Tommy Biesemeyer – Keene, NY Andrew Weibrect – Lake Placid, NY   Biathlon – February 10th Read More

February 1st, 2018

Saranac Lake Winter Carnival

Winter can be a challenging time for people elsewhere in the country but in the Tri-Lakes, we have embraced everything it has to offer. With Lake Placid hosting multiple Olympics  and Saranac Lake having a 10-day Winter Carnival. Winter is one of the most exciting season for locals and tourists. The Saranac Lake Winter Carnival has been running since 1897 making it one of the oldest traditions in the region. While it has not been held every year early on, it made its comeback in 1955 providing a great sense of community that is inviting to everyone who wants to Read More

January 24th, 2018

Empire State Winter Games

While the Olympics are coming up, many amateur athletes in the local area are preparing for their own mini Olympics with the Empire State Winter Games starting February 1. This is a jammed packed weekend throughout the region where regional athletes compete at local venues in their respective sport. There are 30 events over 17 sports that these athletes compete in. With last years competition yielding over 2,100 athletes this is guaranteed to be an exciting one of a kind experience in Lake Placid and the surrounding area.   Schedule of Events Broomball – Malone Civic Center – 2/2 – Read More

January 11th, 2018

Preparing A Wood Burning Fireplace

With winter finally upon us it is time end your days near the fireplace after enjoying everything Lake Placid has to offer. There are only a few winter delights that beat the crackling sound and soothing aromas of a wood-burning fire. As you prepare for the upcoming holidays, make sure your fireplace and your fire-building skills are ready in time for cozy gatherings. HOW TO PREPARE Have a chimney sweep company check your chimney for birds’ nests and other debris that could block smoke from properly venting outside. The sweep will also remove creosote from the chimney walls and test Read More

December 20th, 2017

Lake Placid Holiday Village Stroll

The Lake Placid Holiday Village Stroll is a great opportunity for you to experience everything Lake Placid has to offer. During the weekend of December 8th you will be able to attend events, entertainment and parties as well as dining and shopping specials. This weekend will include free kids activities and Santa making an appearance throughout the weekend. Outdoor Activities Start out your perfect holiday weekend with a Skating Party in the 1932 Arena from 5-7 PM on Friday. Saturday brings a Jingle Bell Run/Walk at 8:30 AM, Santa Arriving on a fire truck at Noon, Soup, Chili & Chowder Read More

November 15th, 2017

Proud Member of Berkshire Hathaway HomeServices

I am proud to become a member of the blue-chip Berkshire Hathaway HomeServices brand along with being associated with its Founder, President and CEO Warren Buffett. HomeServices of America was established in 1998 and has grown to over 1,200 US offices in 47 states with more than 45,000 agents. This brand along with a growing network of trusted international affiliates helps us provide you with a personalized local service with large business resources. This service will make finding your perfect home anywhere in the country a smooth process. Also, if you are looking to sell your home our national and Read More

November 7th, 2017

Lake Placid Living

Lake Placid is a one of a kind experience for any visitors. You will be mesmerized by the small town feel with large resort amenities. The stunning views throughout the region in every season will have you snapping non-stop photos even as your walking down our All-American Main Street. From the small town Lake Placid feel to the specialty resort events you will be busy from early morning to late at night. All-American Main Street During the weekdays Lake Placid is more of a Small-Town USA town then a large resort community. Locally owned businesses, people asking how you and Read More

November 2nd, 2017

Skate America in Lake Placid

Living or renting in the Olympic region can provide our buyers, sellers and renters the opportunity to experience future and current Olympians shining in their respected events. In just a few weeks, Lake Placid is hosting Skate America at the historic 1980 Herb Brooks Arena. Skate America is one of the largest competitions throughout the world. It is an amazing opportunity to see a one of a kind, family fun event.  Skate America is normally the first of six stops for the International Skating Union Grand Prix of Figure Skating Series but this year it is the 6th and final Read More

October 25th, 2017

Check the Roof Before You Buy

Before you buy a home, you should learn the age of the roof, the typical lifespan of the roofing material, and whether there’s any deterioration. Granular roofs- 10 to 25 years Asphalt or fiberglass-based shingles have a granular mineral top coating that should be consistent in color and texture. Deterioration wears out the mineral layer, so shingles appear spotty, mottled, bumpy and uneven. Wood roofs- 20-30 years Finer wood roofs are made of redwood or cedar. Shingles are machine made and shakes are hand-split for a more rough-hewn look. Worn wood roofs have visible cracks or curled edges. Tile roofs- Read More

October 19th, 2017

Fall could be the best time to buy!

Less Competition & Sellers Are Ready With spring and summer months being the peak times to buy a home in New York the off season could be the best time for you find your perfect home. Many buyers do not want to pull their children out of school because of the move or change a school district during the middle year so this can open up the market for other new buyers who are looking for a new home.  Also, after the peak season sellers will be looking to sell their homes before the colder weather arrives. As the weather Read More

October 12th, 2017

We have joined the Berkshire Hathaway HomeServices Real Estate Brokerage Network!

Adirondack Premier Properties and Adirondack Realty are happy to announce that we have joined the Berkshire Hathaway HomeServices network. We will now be known as Berkshire Hathaway  HomeServices Adirondack Premier Properties and Berkshire Hathaway HomeServices Adirondack Realty. As a continued locally owned franchise, we will be able to provide our buyers and sellers with the large business resources while giving you the smaller business services.  Berkshire Hathaway HomeServices is one of the fastest-growing brokerage  franchise and has been recognized for the “Highest Overall Satisfaction for Repeat Home Sellers Among National Full Service Real Estate Firms” in J.D Power’s 2017 Home Read More

October 3rd, 2017

Safety Tips For Real Estate Agents

Real estate agents enjoy working with their clients, as well as meeting new people. This is in part why many agents choose real estate as their career. In general, agents and brokers have felt safe while performing their jobs. However, in recent years agent safety has become more relevant and should be of the upmost importance to the lead broker and your agency. In light of last weeks events, we found it important to discuss agent safety and offer a refresher self defense course open to our office staff and other Lake Placid real estate offices. The course will be held in our Main Street office, October 15, at 430. It is essential real Read More

October 15th, 2014

October 4, 2014 Commercial Real Estate Auction Saranac Lake

Ampersand Bay Resort Saranac Lake, NY Ampersand Resort on the shores of Lower Saranac Lake, is being auctioned for sale October 4, 2014 at noon by Adirondack Premier Properties Inc. Real Estate, Broker Margie Philo, in cooperation with Williams & Williams Auction . This reserve auction with a buyers premium, will allow the buyer an opportunity to develop the 28 acres with already zoned and permitted condos and cottages. October 4, 2014 12 noon Excellent opportunity to purchase an established business or develop the land for your own use. With access to over 25 miles of Adirondack waterway, this auction is Read More

August 26th, 2014

Adirondack Real Estate Auction

Real Estate Auction on Lower Saranac Lake Adirondack Premier Properties in Lake Placid NY will be offering two Lower Saranac Lake waterfront homes by reserve auction on July 19th, 2014. Pre-auction bids will be considered. Please call our office 518-523-3333 and speak with our broker Margie Philo for more details or to register for this amazing opportunity to own a home in the Adirondacks. Property One The first home for real estate auction is an Adirondack Camp which underwent major modernized renovations and has a newly built two bedroom guest cottage with a two car garage. This home also features a brand new master bathroom, walkways, decks and comes with plenty of amenities, including fully furnished. Read More

June 16th, 2014

The Basics : Top 3 Broker tips for Buyers & Sellers

Our Broker Tips: Top 3 Buyer & Seller Real Estate Must Do’s Real estate, like everything else is a changing market, and yet in some cases there are a few areas that are fixed in sales. First time buyers and sellers will find these tips especially helpful as many fluid investors already know the ins and outs, along with the benefits to a smooth transaction. It’s Shopping 101 What sometimes buyers and sellers forget is when marketing and purchasing a real estate property, it is essentially no different than the approach taken to any other product sale by way of presentation and transaction. We are Read More

April 4th, 2014

Your Lake House in the Adirondacks

There’s Something About a Lake House When you’re in the market for a new property, especially Adirondack or Lake Placid real estate, owning a waterfront home is typically a consideration. One of the most desirable aspects of a property on the lake is the ease of access for any fan of water recreation. For all of those who enjoy boating, kayaking, or paddling it is absolutely ideal to consider the purchase of a waterfront property. For anyone who has enjoyed the luxury of living on the water, you know what we are talking about- all of the little things, which really make up the big Read More

February 15th, 2014

Find Tips for Sellers, Buyers & Vacations too!

What You will find in the Brokers Suite Welcome to our new adaptive website and the official blog of Adirondack Premier Properties Inc, Lake Placid’s Premier Real Estate and Vacation Rental office. Please browse our properties and contact us when you find you have questions, wish to view a listed property or are interested in listing your own. Interested in relocating to the Adirondacks or a Lake Placid area vacation? We are here 7 days a week to help with that too. Check back in with us here for up to date information on local events, visitor attractions and what to see in do while Read More

January 14th, 2014