Effect on Property Values More Complicated Than You’d Guess So, how big a premium do homes in stellar school districts fetch? Conversely, how much of a discount is baked into the price of homes in poorly regarded school districts? Two Sides of Same Coin Step #1 is to realize that one size doesn’t fit all — that...Read More
“Edina: 2-story walkout, 4,320 finished square feet, 5/4/3, school district 270. Fresh and immaculate Parkwood Knolls home on a great lot in a cul-de-sac. $874,900” –Pre-list networking Can you spot the key — and buried — detail in the above? Hint: it’s not a word, it’s a number — in fact, it’s a single digit...Read More
More than WHAT? My short answer to the question, “can I get more for my house if I put on a new roof?” is, “yes, you can.” That is, if by “more,” you mean, “more than what you could have gotten for the home without a new roof — especially if the current one is...Read More
Dream Home? Maybe Not, But Dream Price Everyone in real estate (and many outside of it) knows the phenomenon: homes on busy streets turn over more often. The explanation is self-evident, right? The occupants get tired of the traffic and move on. That may certainly be true, but as a Realtor, I see another, economics-based...Read More
Want to Sell Your House? Don’t Do This “**Limited showing times** Tuesday and Thursday 5:30-8 PM, Sat 12-6 and Sun 11 AM-2:30 PM. Agents to verify all info. Consult listing agent about closing date. Use Seller’s Disclosure Alternatives. Subject to Seller completing a 1031 Exchange, Buyer agrees to cooperate.” –Agent Remarks, MLS Want to know...Read More
Star-Crossed Condo Building by Lake Calhoun [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] “Roaches check in, but they don’t check out!” –1981 TV commercial for the “Black Flag...Read More
