List Price Multiple Choice

This is a two-parter.

Question #1:  The list price for this Twin Cities 4 BR/2 Bath 1950’s rambler — new on the market last Friday (3/24) — is . . .

A. $219,900k
B. $299,900
C. $425,000
D. $619,900

Answer:  “D.”

Question #2:  the reason it’s likely to get that amount (or very close) is . . .

A. It’s located one block south of Lake Calhoun near super-hot Linden Hills in Southwest Minneapolis.
B. Builders will covet the home’s 75′ lot — and its potential to hold a big, new Upper Bracket home.
C. There’s nothing for sale in good, close-in neighborhoods that’s decent-sized for < $500k.
D. All of the above.

Answer:  “D.”

Welcome to the Spring, 2017 Twin Cities housing market!

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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