MLS Style Category Definitions 1. (SF) One Story (ONEST) One story single-family house 2. (SF) One 1/2 Stories (ONEHF) One 1/2 story single-family house. Second floor only has adequate ceiling height in a portion of it. 3. (SF) Two Stories (TWOST) Two story single-family house. Has adequate ceiling height throughout upper story. 4. (SF) More...Read More
“No, Really: Bring . . the . . Cake!” Thanks to popular culture, some perfectly innocuous phrases have been ruined. To pick just one example, my 13 year-old son and I were bringing his birthday cake, ice cream, etc. to the party room where we were hosting his friends the other weekend. My hands were...Read More
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 discount...Read More
Batteries Land Not Included Of the 626 single family homes that sold in Minnetonka in the last year, a grand total of 3(!) fetched less than $135,900 — the asking price for the 3 BR/1 Bath home (pictured above) that just came on the market two hours ago. So, what’s the catch? I count five,...Read More
What Could Go Wrong? Worry #10: “The Bar Mitzvah Blizzard” “Relax, enjoy everything,” my relatives counseled leading up to my son’s (just-concluded) bar mitzvah weekend. “What could possibly go wrong?” I actually had no fewer than 74 discrete worries, but these were my “Top Ten”: 10. Epic blizzard will shut down local airport; Gramie, Zadie, Grandpa...Read More
Obama Exits, Stage Right Left As the 2016 stock market rout deepens (the Dow is down over 400 pts. so far this am), shell-shocked investors are all wondering: when will the pain stop? Unfortunately, it’s not clear to me that it will be anytime soon. That’s because markets hate uncertainty, and the biggest uncertainty hovering...Read More