Want to know how much natural light a room — or an entire home — gets? Turn off all the lights. As my impressed open house visitors saw for themselves yesterday at 2275 Youngman, there’s practically no difference in how light the Kitchen (above) is with the lights on or off. The explanation? There’s a...Read More
You Know What They Say About Hindsight With 2011 winding down, my in-boxes — paper and email — are collecting the usual plugs for continuing ed classes promising insights about what to expect in 2012. So, I had to pause when I saw an upcoming class with the title, “Outlook 2003.” My first thought was that...Read More
Reassuring Condo Buyers Normally, someone who purchases a condo or townhome has to wait until they’ve signed a Purchase Agreement to find out how financially strong (or not) the building or development is. See, “Ten Day Review Period . . . 2 Weeks Too Late.” Then, they have ten days to review the related materials...Read More
Define, “Luxury“ Is everything now a “luxury rental?” Put it this way: driving around the Twin Cities, I haven’t seen many billboards trumpeting “spartan rentals” lately. So, are they? (Luxury, that is?) It’s sort of like Supreme Court Justice Potter Stewart’s line about pornography (“I can’t define it . . but I know it when I...Read More
Do two buildings make a trend? Maybe, if they’re high enough profile. That would seem to describe both Edina Realty’s new City Lakes office, about a mile west of Minneapolis’ Uptown neighborhood, and 1800 Lake, a new luxury rental building in Uptown just northeast of Lake Calhoun. Copper cladding not only gives these buildings a...Read More
Gap Between Last Ask, Sold Price One clue that a just-sold home had major inspection issues is when the sales price represents a big discount from the last asking price. So, for example, a house that was listed at $500k, was “Pending” on MLS for six weeks (give or take), then closed for . . ....Read More
