The prime hub for winter recreation in this region is Lake Placid. The fame of this resort town, along with its world-class athletic facilities, gives it a distinct market edge over nearby Saranac and Tupper lakes. If winter activities are not part of the vacation-home formula, and the focus is upon summer activities, then a great many more options are available, especially in many of the smaller towns and villages in the region. Both offer similar opportunities for enjoying the great outdoors, but obviously, one has a better mailing address and will prove easier to sell in the future. The resort towns are prime locations, but the best buys are in the outlying villages and towns.
Prices drop dramatically once the name address is left behind.
The 100 Best Small Towns in America . The village, less that 15 minutes away from Lake Placid, bustles with year-round activities and charm. For the most part, second homes in this region are houses rather than townhouses or condos. Condominium units are generally limited to resort towns, such as Lake Placid, with few, if any, units available in the smaller villages. Outside the major resort villages, prices on second homes are relatively consistent with prices of similar houses throughout the region.