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...Read More
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...Read More