Places To Vist in Wallace Michigan

Attractions To See -Wallace Michigan

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Wallace Michigan is the home of many splendid things — we know it, because we live here. Beautiful scenery, majestic lakes, fabulous food, quirky locales and hidden gems just barely scratch the surface of what Wallace Michigan has to offer.

We asked staff members of the Wallace Press to share some of the best things to see and do in Michigan, based on our personal experiences. Here are 50 ideas you may want to add to your bucket list if you visit Wallace, MI.

Think we missed something? Add your bucket list item here and be sure to explain why it’s great.

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Great Places to Visit in Michigan

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It's not often that you head out on a vacation planning to hit up the local farms, but in Michigan you might just want to. Michigan is one of the top apple-producing states in the U.S., and is known for being home to hundreds of farmers markets and cider mills. Just about any region in Michigan will have a farm or mill for you and the family to stop in for a bit. Enjoy fresh apple cider and tours of working farms to find out where these fruits come from before they hit your local grocery store. Of course, because there is much more to do than visit apple farms, your Michigan family vacation will be jam-packed with fun for everyone.

Michigan Coast Dotted with Over a Hundred Lighthouses

Michigan is the only state in the United States to be bordered by four great lakes. Because of this, its coast is dotted with over a hundred lighthouses, all with unique features and some with very interesting back stories. Though many of the lighthouses are still in use, others have been abandoned and others still are in the process of renovation. Though you may not be able to tour all of them, the few that do offer tours or that have museums are usually worth stopping to see. Even if you just stop for a few photos, lighthouses make fantastic pictures, especially when you can tell admirers that you took them yourself.

Pop into One of Michigan's Casinos

If your particular Michigan family vacation does not include children, or if you find yourself child-free with a few hours to spare, you might decide to pop into one of Michigan's casinos and try your hand at some cards, slots or a roll or two of the dice. Detroit has three casinos in the city itself, and there are several other throughout the state. If you're not much of a gambler, you can still enjoy the food and entertainment, much like Las Vegas but on a much smaller scale. Now that you have an idea of what Michigan has to offer, start planning your vacation accordingly, and don't forget to take lots of pictures!

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Planning A Vacation To Michigan? Find Free Michigan Travel Guides

  • Michigan Family Vacation

  • Over 15 Great Things About Detroit Metro Area

  • Planning A Vacation To Michigan? Find Free Michigan Travel Guides

You will find there are many interesting places to visit in Michigan that are somewhat out of the ordinary. When you visit this state your vacation will be unique and one that you will remember for a long time. There are numerous activities and places to see for those who are travelling alone, with a partner or on a family vacation.

If you are planning to be in Michigan around the 29th of August you will want to visit Oscoda. This is the time of their Paul Bunyan festival. Held as an annual event, one of the things that you will get to see is a chainsaw carving contest. In addition they have a Lumberjack Show, an antique car show and many other activities suited for children and adults. This is a three day festival and there are many people from the area as well as other states that come to enjoy this event.

In Houston located in Bad Axe City Park, there is a place called Pioneer Log Cabin Village that should be on your list of places to visit in Michigan. This is a village that has many restored buildings from the 19th century. The history of this area is one of the things you will enjoy when visiting. The village has many buildings that are common to that era, including a barn, family home, chapel, a country school, general store and blacksmith shop.

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The Best Reasons to Visit Michigan

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Indianapolis and Detroit are popular markets for real estate investors due to affordable prices and good cash flow. Both markets offer strong ROI, but with very different risk/reward factors. Investors choosing between the two markets must consider their long term hold plans and risk tolerance.

Investors are drawn to Indianapolis for good, stable cash flow while others are flocking to Detroit betting on future equity appreciation. Detroit home prices dropped 60% from their peak level in 2006 and many investors are banking on values to come back. The law of physics doesn't necessarily work in reverse however, and what goes down doesn't always go back up.

Detroit's housing woes were not caused by overbuilding and appreciation like Phoenix, Las Vegas and Atlanta. Instead, Detroit's housing market collapse was a result of major job losses in the automotive industry. Detroit has lost 323,400 jobs since 2005 and has one of the highest unemployment rates in the country. Although the auto industry has shown signs of recovery and home prices seem to have stabilized, the economic recovery remains fragile and uncertain. Home prices remain 40 percent below peak levels. Vacant properties make up 23 percent of the total housing and the city has about 30,000 vacant homes.

Conclusions

Indianapolis and Detroit both offer attractive return on investment opportunities to investors, however, with very different risk-reward levels. Both markets offer comparable cash on cash returns. The difference is in the future upside equity potential.

Detroit is best suited for the more speculative investor seeking to maximize their ROI through the potential for future equity appreciation and can tolerate a higher risk factor.

Indianapolis is well suited for the more conservative investor that is looking for strong, stable monthly cash flow and preservation of equity. Local Market Monitor, Inc rated Indianapolis as the 3rd safest market for conservative real estate investors.


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