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buy house Twin Cities

“Detached Townhome” vs. “Single Family House”

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...
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“You Take the Cake!” (& Other Ruined Expressions)

“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...
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Discounting For a One-Car Garage

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...
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Minnetonka Single Family Home for $135,900?!? What’s the Catch?

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,...
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“Top Ten” Bar Mitzvah Worries: No Hits, But Some Close Misses

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...
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Stocks (and Energy Prices) Look For a Bottom; Is it “Time to Be Greedy” Yet?

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...
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