“Location, Location?”

Test your knowledge of Twin Cities real estate, and guess how much the Minneapolis home pictured above is listed for.

A. $75,000
B. $149,900
C. $500,000
D. $995,000

Need a hint?

The home overlooks the Midtown Greenway, and is located between Lake of the Isles and Lake Calhoun.

Give up?

The correct answer would be . . . “D.” (yes, “D.”)

“What Were They Thinking?” Dept.

Even for an A+ location, upper six figures seems like a (big) stretch for this one.

That’s especially the case considering that $800k – $1 million now buys a decked-out house near the Lakes with 3,000 – 4,000 square feet (this one has 1,500); and the home’s .18 acre lot — which is presumably the appeal — has a tax assessed value of just $266k.

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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