Bryn Mawr New Construction

What: 4 BA/4BA new construction with 3,500 FSF.

Where: 20xx Laurel Ave., in Minneapolis’ Bryn Mawr neighborhood (just southwest of downtown).
How (much): $739.9k list price
Who: Coldwell Banker Burnet (broker); Steven Gouert (agent)
When: on market 11/16/09

Hard not to notice this dramatic new list — that’s the point!

The asking price — low $700’s — is a stretch for Bryn Mawr, a great, pocket neighborhood between downtown Minneapolis and Theodore Wirth Park on the city’s West side.
Confession: I bought my first house there, in 1987.
Forget about paying what I paid then (don’t ask); prevailing prices now range from high $200’s for a small, starter home to high $500’s, for bigger and/or more updated.
This home is part of a mini-trend of new construction trying to push Bryn Mawr’s range to $600k-$800k.
It’ll be interesting to watch this one . . .
About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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