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Would you pay $500/nt for a 2 bedrm condo?


Meadowlark
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We are planning a vacation to MN-specifically the north shore area. You would think we were going out of the country for what lodging will cost us. We are a family of 8, so I expect to pay more, but THIS much more. 3 nights will come to $1600 for a 2 bedroom condo on the lake. Yes, I DO want to be on the lake so I suppose I'm paying for that. But even the budget hotels further away are $150-200 a night, and we'd need 2 rooms. This 2 bedroom has a kitchen so I figure we'd save some money there. It still feels utterly ridiculous to me though. Camping is not an option btw. Is this reasonable to you? 

Edited by Meadowlark
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Are there any Timeshare Resorts there?  If so, I would look into one of those. Probably a 2 or 3 bedroom one with a Full Kitchen and all taxes and service charges, etc., included in what you pay to rent it.

 

Are you going during "Peak" season or when there is a Convention or something going on?  Rates vary, wildly, with seasons. The     Same Timeshare we rented near Orlando last year (for $400 for 7 nights) goes for as much as about $1500 during Peak season. And with numbers between 400 and 1500 during the year.  (We were there at the end of April 2016)

 

Question: Does the 1600 includes Taxes and Services charges? 

 

RE: The Kitchen.  Our Timeshare had a Fully equipped Kitchen. My wife was not planning to Cook while we were on vacation, but there was a wonderful Publix Supermarket adjacent to the Timeshare and we bought things there 2 or 3 times during the 7 night stay. She ended up cooking a quick Breakfast for us 6 of the 7 mornings and when we got back at night, a Snack. That saved a huge amount of time we would have missed in the Parks and also saved money. The one morning we ate in the nearby Denny's Restaurant, it wasn't like what my wife remembers from Denny's we have eaten in, in various parts of the USA.

 

We had WiFi, free parking, etc. 

 

If you can rent a Timeshare, that IMO would be the way to go. What you refer to as a Condo may actually be a Timeshare, but if you are interested in renting a timeshare, I'd look for that. 

 

Enjoy your vacation!

 

ETA: The Timeshare we rented had 2 bedrooms, the Master Bedroom had a  bathroom and there was another bedroom and a nearby bathroom.  It was their smaller 2 bedroom unit with a maximum capacity of 6 people. We were 4 people. There were 3 TV sets with Cable, etc. 

 

 

Edited by Lanny
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No, I wouldn't. Have you looked at vrbo or airbnb? Even for a family of 8 you should be able to do better than that. We rented a townhouse in Beacon Hill in Boston for less than $300 a night. It was gorgeous. I think there were 9 of us.

 

Of course if there are not many homes on the lake where you are going, that could be a problem.

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Is it waterfront? That would be reasonable but if it's just near the lake but not waterfront, I think it's overpriced.

 

I just checked what high season rental is for the condo my parents used to own in NH (lake view but not waterfront). It's $4k for 14 nights or $286/night. That condo is 4BR and either 3 or 3.5 BA (they sold it several years ago so I don't remember and it's not listed on the VRBO page).

 

ETA: Minimum stay is 14 days during high season. So if you're only looking at 3 nights, your options may be much more limited since many owners prefer longer term rentals.

Edited by Crimson Wife
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We are planning a vacation to MN-specifically the north shore area. You would think we were going out of the country for what lodging will cost us. We are a family of 8, so I expect to pay more, but THIS much more. 3 nights will come to $1600 for a 2 bedroom condo on the lake. Yes, I DO want to be on the lake so I suppose I'm paying for that. But even the budget hotels further away are $150-200 a night, and we'd need 2 rooms. This 2 bedroom has a kitchen so I figure we'd save some money there. It still feels utterly ridiculous to me though. Camping is not an option btw. Is this reasonable to you? 

Not in MN. In NYC, sure, not in MN. 

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we like a cabin in Montana that would cost $300 a night for 2bedrooms/kitchen cabin in the middle of nowhere but close to Glacier.  Luckily I have a timeshare and I can get that cabin for an average of $100/night for the fees I pay.  But no, I wouldn't pay that much personally out of pocket for a room.  If I had other options.  We did pay too much for a room when seeing the Redwoods this year.  Way overpriced room for the dump that it was.  However, there were no other options, whatcha going to do?  If you would use the kitchen, just accept that is the cost.  

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One thing about renting a Timeshare. Normally, it is for a 7 night stay. If you stay fewer nights, you pay the same $. But, I think you might come out way ahead, if there are Timeshare Resorts where you are going. Even if you only stay 3 of the 7 nights...

 

And a follow-on to the prices I quoted for the 2 BR 2 BA  Fully equipped Kitchen where we were near Orlando last year.  We paid $400 total for 7 nights. It goes up to about $1500 for 7 nights in very peak seasons. Even when it is  $1500, I consider that a bargain for what you get, and for what someone would pay in a traditional hotel at the same time of the year.  

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No, I wouldn't. Have you looked at vrbo or airbnb? Even for a family of 8 you should be able to do better than that. We rented a townhouse in Beacon Hill in Boston for less than $300 a night. It was gorgeous. I think there were 9 of us.

 

Of course if there are not many homes on the lake where you are going, that could be a problem.

 

Yes, have looked at VRBO and don't see anything with a great lake view for any cheaper. Seriously seems like this is our best option so I might have to suck it up.

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Yes, have looked at VRBO and don't see anything with a great lake view for any cheaper. Seriously seems like this is our best option so I might have to suck it up.

 

When are you looking on going?  Is this high season?  Can you go some place else?  Lake houses in WI or MI don't go for that much for a 2 bedroom. 

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When are you looking on going?  Is this high season?  Can you go some place else?  Lake houses in WI or MI don't go for that much for a 2 bedroom. 

 

Yes, unfortunately this is August. My kids are in school now and we're heavily involved in baseball which goes until mid-July. Maybe that's why this is so crazy hard...I'm used to paying $500 for 3 nights during low peak season. I've been looking almost everywhere on the lake though, and there's just no way I'm going to find something to house us all for less. Shooting myself in the foot because we didn't travel very much when we were homeschooling and now I regret it

Edited by Meadowlark
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Yes, unfortunately this is August. My kids are in school now and we're heavily involved in baseball which goes until mid-July. Maybe that's why this is so crazy hard...I'm used to paying $500 for 3 nights during low peak season. I've been looking almost everywhere on the lake though, and there's just no way I'm going to find something to house us all for less. Shooting myself in the foot because we didn't travel very much when we were homeschooling and now I regret it

 

Yeah I would not pay that much for a condo. Nope.  For a full house, maybe.  But I haven't paid anything like that. 

 

Yeah that is my #1 perk with homeschooling is being able to travel.   I am thinking about not doing the charter so that I can travel more. 

 

I can see why they are jacking up the rates.   Is this late August or early?   Can you go some place else?  

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No. We're a family of 6 and I wouldn't pay that for a 2 bedroom condo. I'd want at least 3 bedrooms for our family anyway. If I were staying in Rome or Paris I could find someplace at that price point! Is it crucial you go to that specific place at that specific time? I'd be exploring other options if there were truly nothing else suitable for that date and location. You have almost a year to plan, so I'd hate to book at that price now.

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it really depends where you are.  more popular areas at the height of the season cost more.

if you think it's too much - keep looking.

I know there were 2bdrm condos more than that at banff, but we ended up further away and paying less.  (and the condo felt cramped for four.)

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No, I wouldn't pay that much in MN. I could see paying much in other places, but not in the Midwest.

 

Kelly

I agree.

 

I've paid that much during ski season for a 2 bedroom, ski-in/ski-out condo. We could stay a couple hundred/night cheaper if we went just a few blocks away and didn't want to pay for ski-in/ski-out convenience.

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Price will always depend upon supply and demand.  If they can fill it for that price, why lower it?

 

That said, it's rare that we pay that much for any one night (or three).  We opt to go to less expensive places that still have a great view (choosing less expensive lakes or islands or whatever) and we're willing to camp.  If we spent that much on one trip, there would be one or two other trips we couldn't take.  That's not a good trade off for us.  We almost always require a view, but the world is a big place.  We don't need to go where everyone wants to be in order to be happy.  We spent a month on Grand Bahama in a beach front condo with a terrific view for what 4 nights in Nassau (Bahamas - different island) would have cost us (beach front).  We also don't need great amenities.  We're willing to survive on pop tarts (or similar) if necessary for a day or two!

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Is it actually on Lake Superior?  Have you looked at other accommodation options during that time period?  That is a very popular destination during the high season and there are luxury accommodations available (I'm from MN).  I wouldn't pay that, but we always choose cheaper accommodations or choose to travel at non-peak times.  I have to admit we stayed on times square in a hotel suite for WAY less than that.  However it would have taken 2 suites to accommodate 8.  You can get reasonable rooms in New York.  But that was WAY off season (January). 

 

So I really think whether YOU would pay it is up to you.  I'd look at some other options first if possible.  Traveling with 8 is challenging. 

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I don’t know about prices in that area. For our family of four, we had paid $300 per night (including tax) for a hotel room off peak season when we couldn’t change the dates and location and we were given short notice so could not book early or hunt for bargains. So $500 per night won’t sound too off given that the dates you choose might be peak season.

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Are you wanting to be right on the waterfront and in a certain town?  Some luxury places are priced high during certain times of the year in Northern Minnesota.  It really is beautiful up there!  I'm assuming it has a kitchen and you'll be cooking your meals.  For 8 people, you'll save a lot of money by not eating out.  That alone will certainly help.

 

Anyway, if you're comfortable telling me what lake and what town, I might be able to offer other ideas.  I'm in MN and we travel to the northern part of the state often.

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That sees high for that part of the country, even right on a lake. Whenever we are travelling and I am finding the prices really high I just keep looking and somehow I find something that is priced more reasonably. You are booking almost a year in advance. I would look a bit more. If you cannot find anything else, remember you will save a lot on meals.

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If you're willing to be a few miles off the lake, look at Caribou Highlands near Lutsen.

 

For those not familiar with the area, this is not just a podunk Midwest location. The North Shore of Lake Superior is really quite spectacular and lodging is in great demand. I wouldn't pay it personally, but choose to stay slightly off the lake to save some money.

 

Sent from my Moto G (4) using Tapatalk

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If it was where I really wanted to be, yep.

 

Then again, we paid about $450/nt for a 4 BR house with a private pool and a mile of perfect snorkeling beach (where we saw exactly zero other people the entire 10 days) in the Bahamas in August . . . so, it'd pinch to pay that  much for a 2BR condo on a lake in the midwest, lol. 

 

I've looked at lake house rentals in the midwest as an idea to hook up with my BFF who lives out there . . . and the pricing seems catastrophically high when I can get a great beach house in FL for 200/nt in the fall (best season, IMHO) . . . Those northern lakes just seem really pricey. I thought MN was the land of 1000 lakes or something like that, lol.

 

I ended up bailing on my desire to do a weekend lake house thing with my friend in the midwest because I just couldn't stomach spending 2k for a 3 night weekend . . . when 4-5k would get me SUCH a better 10 day vacation in the Bahamas. 

 

However, we did pay about 400-500/nt for a lake house rental this past summer for 3 nights . . . But, it was a FABULOUS huge house on a great lake . . . and we had only ONE weekend we had to be there and so had few choices about where to go and really had to be in that area . . . as we were snagging a weekend getaway with college girl during her summer job M-F job, so we couldn't go far from her college town . . . so, we just sucked it up and paid it. It was annoying, but it *was* worth it. 

 

So, anyway, if I had to be there, and that's what it cost, then I'd pay it. (And I have paid it . . .) but I wouldn't likely choose to vacation there . . . 

 

 

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Someone hit the nail on the head upthread-I don't think many people realize just how much lodging costs-even in the midwest on the lake. And not just ANY lake, the beautiful Lake Superior. It's not that I want to pay this much-I certainly don't. It's that there really are no other options. 2 hotel rooms with no lake view? $300-400. So, I figure with a kitchen and a gorgeous view, $500 might not be so bad after all. We are landlocked where we live so MN has the closest water which is why we chose it for our next vacation. We already went south so it makes sense to go north for next year. So again, it's not like there are cheaper options because I've checked and there aren't. We already booked a house near the Twin Cities so we are pretty set on this vacation. I guess I'll just have to swallow hard and pay it! Now, the question is-book now a year in advance (which seems crazy), or wait and risk that the particular room we need (condo w/ pull out sofa-they only have a handful) will be booked...hmmm.

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By the way-all of you that have wonderful vacation houses that you've rented for super cheap-fill me in! I'd take this crew pretty much anywhere at this point IF we could afford it. I think half the battle is finding ideal housing-we could help each other out and recommend some good places. That would be a great thread!

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By the way-all of you that have wonderful vacation houses that you've rented for super cheap-fill me in! I'd take this crew pretty much anywhere at this point IF we could afford it. I think half the battle is finding ideal housing-we could help each other out and recommend some good places. That would be a great thread!

 

They are everywhere.  Especially for a 2 bedroom condo, that is easy to find affordable.  Where do you want to go? 

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For those not familiar with the area, this is not just a podunk Midwest location. The North Shore of Lake Superior is really quite spectacular and lodging is in great demand. I wouldn't pay it personally, but choose to stay slightly off the lake to save some money.

 

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It is lovely; we used to live in MN and I know it well. I am surprised by the prices though. For fun I looked up large rental vacation houses on the ocean in my area, and they go for a fraction of the cost. Spectacular lakeside is even less, of course.

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I have never rented a place so expensive.  But we don't have 8- the most we have traveled with is 6 and often less.  As to where you can get cheaper, waterfront rentals-  we have been to Dauphin Island, AL on the gulf and have rented two bedroom condo that sleeps 6 for about 110 a night in early October (the water is still warm enough for swimming but not the high season).  That was just for the two of us but when looking for rentals, there were bigger ones for about 150.

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We are planning a vacation to MN-specifically the north shore area. You would think we were going out of the country for what lodging will cost us. We are a family of 8, so I expect to pay more, but THIS much more. 3 nights will come to $1600 for a 2 bedroom condo on the lake. Yes, I DO want to be on the lake so I suppose I'm paying for that. But even the budget hotels further away are $150-200 a night, and we'd need 2 rooms. This 2 bedroom has a kitchen so I figure we'd save some money there. It still feels utterly ridiculous to me though. Camping is not an option btw. Is this reasonable to you?

Maybe AIR BNB would have a big place with better rates? That's a lot of money.
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Yes, unfortunately this is August. My kids are in school now and we're heavily involved in baseball which goes until mid-July. Maybe that's why this is so crazy hard...I'm used to paying $500 for 3 nights during low peak season. I've been looking almost everywhere on the lake though, and there's just no way I'm going to find something to house us all for less. Shooting myself in the foot because we didn't travel very much when we were homeschooling and now I regret it

 

August = prime season

Lake view (even if not waterfront) = increased cost

Large rental group = potential damages and encurring maintenance/repair costs = increased cost

 

I do highly recommend looking into timeshare condos, if you haven't already (and you can PM me to talk about this more, if you'd like).

However, I will also say, that when you are going, and where, and for your large group, I don't think the asking price is unreasonable.

Pain to the wallet, absolutely; unreasonable pricing, no.

 

And thank you, Meadowlark, truly, for reminding me that I really do need to be more intentional with taking trips with our own kids!

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