Where: 6566 France Avenue South, just Northwest of Southdale. What: Updated 1 Bedroom, 1 Bath Condo with 1,155 square feet. How much: $229,900 When: listed Wednesday (5/4). Days on market: 2 Who: Seller represented by Ross Kaplan, Edina Realty – City Lakes. You’ll love this beautifully updated, hard-to-find One Bedroom at amenity-loaded Point of France. Highlights include...Read More
Cashing in on Proximity to South Harriet Park; Targeting “In-Between” Edina Home Buyers “Ar·bi·trage” \ˈär-bÉ™-ËŒtrazh\ [noun]: the practice of buying something in one place and selling it almost immediately in another place where it is worth more. –Merriam-Webster Dictionary It may not be the conventional definition of “arbitrage,” but something a bit like that is currently happening...Read More
Edina New Home Prices Approach $3 Million(!) Want to know what the price ceiling for a new Edina home is today (at least, in white-hot East Edina)? Traditionally, land accounts for 25% to 33% of the total cost of a home, including the land. If the Buyer has a $900k budget for just the land —...Read More
Location x 3 Test your knowledge of the Twin Cities housing market, and guess how much this 2,400 square foot, 1 1/2 story home is listed for: A. $219,900 B. $339,900 C. $409,900 D. $649,900 Answer: “D.” The explanation? The home is located in white-hot East Edina, on a street where empty lots are selling for over...Read More
5652 Woodcrest Drive in Edina At least a few would-be Buyers of well-priced, $1 million-plus homes in mint condition in East Edina are scouring the housing market with a little more urgency today. Why? Because 5652 Woodcrest Drive in Edina’s Colonial Grove neighborhood — a home exactly described by the above profile — just sold in multiple offers....Read More
Where: 4617 Tower St.What: 5 BR/5 Bath new construction by Elevation (division of Streeter)How much: $1.2 million asking priceWhen: sold in one day earlier this month (with more buyers reportedly waiting in the wings).Who: listed by Marian Peterson and Noelle Varecka of Edina Realty It’s not hard to tell what the Buyer liked about this...Read More
