“Sloppy” Pricing — or Something Else? Even in a market with more “sloppy” pricing — properties listed either well below market value (occasionally) or well above (more often) — the new listing near Cedar Lake in Minneapolis stood out: an undersized ’50’s rambler on a level, huge 73′ x 135′ lot just waiting to be torn down and replaced with...Read More
Does the earth-moving equipment used in road construction create home-damaging vibration? That seems to be the concern in a certain neighborhood near Cedar Lake in Minneapolis (OK, mine). I don’t know how you (easily) prove it, but I know that lots of my (irate) neighbors are fed up with road repairs now spanning three summers,...Read More
Included: $2 Million Guest House On the coasts, $5 million is nothing for a home. Here in the Twin Cities, however, that’s still quite a bit. Especially for a home NOT on a lake. One Two-of-a-Kind To be sure, the home in question — just west of Minneapolis’ Cedar Lake — boasts stunning lake and skyline...Read More
What Does it Say About the Neighborhood? Once you get over the initial shock that a meth lab was discovered — and busted — in tranquil Southwest Minneapolis last week, I suppose rational people could draw one of the following two (very different) conclusions: One. Oh my God! Meth has now gotten so out of control...Read More
Test your knowledge of the Twin Cities housing market, and guess the list price of this 3 BR/2 Bath 1955 rambler with 1,830 finished square feet (it debuted on the market this afternoon): A. $119,900 B. $179,900 C. $249,900 D. $699,900 Before I provide the answer, here’s a helpful clue: the home sits high above...Read More
“We Can Always Drop the Price, Right?” Yes, But . . . Don’t leftovers come after Thanksgiving, not before? Not when it comes to the housing market. In my own neighborhood close to Minneapolis’ Cedar Lake, I’m aware of at least half a dozen very nice homes which came on the market as far back as...Read More
