Want to Be Ready for Spring, 2012? Start Now
One of the questions that can come up when you list a home that needs significant updating is, “If we buy this home and put $50k — or $250k — into it, will we overshoot values on the block?”
Fortunately, when a $1 million-plus new home is being built literally next door — the case just to the west of my listing at 4200 Basswood Road (above) in Fern Hill — the answer is self-evident.
Just to underscore the point, I updated the “Public Remarks” on MLS as follows:
Twin Cities’ hottest neighborhood for tear-down’s and new construction (including next-door-neighbor’s, now in progress). Terrific opportunity for remodeler/owner who wants a canvas to create their dream home. Start now & be ready for Spring, 2012!
Per the above, the best time to tackle such a project is . . . now!
P.S.: In fact, there have now been at least half a dozen tear-down’s/upper bracket new construction the last few years on the west side of Cedar Lake.