Want to Stand Out? Drop > 10% Want some anecdotal evidence about housing market conditions these days in the Twin Cities? Higher Bar. Edina Realty, the Twin Cities’ largest broker, requires price reductions of 10% or more to qualify for intra-company email distribution (I believe the policy actually dates back to this Summer). Previously, the...Read More
Acing the “Ooh!” and “Aaah!” Factor Where: 2700 Chowen Ave. South in Minneapolis’ Sunset Gables subdivision (just south of Cedar Lake) What: Moderne-style Art Deco with 5 Bedrooms and 5 Baths, and 3,800 finished square feet How much: listed for $875,000; sold for $823,050 (94% of asking price, and more than $35,000 over the tax...Read More
Sunset Gables Sneak PeakWhere: 27xx France Ave South, in Minneapolis’ Sunset Gable neighborhood (and just one block to Cedar Lake, pictured above)What: 3 BR/2 BA Colonial with eat-in Kitchen, updated mechanicals and 3 1 /2 (!) parking spaces (detached 2 1/2 car, and attached one car)How (much): $439,900When: on market early Nov.Who: listed by Ross...Read More
Where: 2537 Joppa, in St. Louis Park’s Fern Hill neighborhood, 2 blocks west of Cedar Lake. What: 1 1/2 story home built in 1950 with almost 2,000 finished square feet. How (much): listed for $285,000 When: market time = 2 weeks (listed August 27); scheduled to close Oct. 15 (currently “Pending” on MLS) Who: sold...Read More
From Dowager to Belle of the BallWhere: 2820 Huntington Ave. South, in St. Louis Park’s Fern Hill neighborhoodWhat: top-to-bottom renovation of what had formerly been a 1 1/2 story home with less than 2,000 FSFWhen: listed August 6; closed Sept. 20.How (much): asking price = $859,900; sold price = $840k (purchased last Winter for $390,000).Who:...Read More
Where: 2615 Monterey in St. Louis Park’s Fern Hill neighborhoodWhat: 2 BR/1 Bath stucco cottage on a private, 140′ deep lot.Who: listed by Ross Kaplan; Edina Realty City LakesHow much: $209,900When: market time = 30 days You’ll love this updated, character-filled stucco cottage in high-demand Fern Hill. It has over $20k in recent improvements, including...Read More
