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March 7, 2012

How Appraisers Account for a Bowling Alley in the Basement (Ideally)

How do appraisers account for a bowling alley in the basement? Or some other unusual feature, like a helicopter landing pad, 10,000 gallon aquarium, basement basketball court, or dozens of other unusual — and therefore hard to estimate — home features? They don’t. Huh?? Self-Cancelling Features If it’s possible, the preferred strategy in such situations...
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Coffee (and Canoe?) for Sale

One of the highlights of my new listing at 5116 29th Ave. South in Minneapolis is the terrific location:  just two blocks to Lake Nokomis, 3 to Minnehaha Parkway, and close to light rail, the airport, and Highland Park. Even closer:  Nokomis Beach Coffee (pictured above), in between the home and the lake. Although it looks...
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