Three Factors How much do you discount for a one-car garage? The short answer: “it depends.” Specifically, I think that the three most important variables are: One. What is the surrounding housing stock like? In close-in, older Minneapolis neighborhoods, many homes have one car garages (still). Detached, one car garages. When that’s the standard, the...Read More
“Old Wine in New Bottles?” No, the homes didn’t debut on the market at 12:01 a.m. (the earliest time I saw was 9:29 a.m.). And no, the would-be Seller didn’t win a lifetime supply of diapers, detergent, or some other promotional item (I suppose the housing equivalent would be a Home Depot gift certificate, or maybe a...Read More
