Why Edina is in Such High Demand It shouldn’t come as surprise that, in a city where the average asking price for a single-family home is now $1.422 million, and the most expensive list price is $3.895 million, entry-level home prices will be dear, too. In fact, starter homes in consistently high-demand Edina begin around...Read More
Price Range: $650k to $1.3 Million [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] Realtors quickly learn that valuing homes by the square foot doesn’t work. That’s because the...Read More
Why Edina is in Such High Demand It shouldn’t come as surprise that, in a city where the average asking price for a single-family home is now $1.185 million, and the most expensive list price is $5.7 million, entry-level home prices will be dear, too. In fact, starter homes in consistently high-demand Edina begin around...Read More
Same Prices as a Decade Ago (or Longer) Even with the recent carnage, the stock market has more than doubled from its post-2008 Crash lows. Upper bracket housing? Not so much. At least in many choice Twin Cities neighborhoods, luxury homes can be had for the same prices they fetched a decade ago (or even...Read More
