Your Adjective Here: “Sort-of-Stale?,” “Pre-Tired?,” “Slightly Dated?” A picture is famously worth 1,000 words. But, so is the right diagram. The one above (“Stale < ??? > Fresh”) perfectly captures my reaction to the two-story, 6,500 square foot home that I just previewed in Edina’s ritzy Parkwood Knolls neighborhood. Listed for $1.85 million, it features...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
Housing Market Misnomers One of the biggest misconceptions in residential real estate is that, to be a teardown, a home must first be falling down. Hardly. All “teardown” means is that the home is less valuable than the land underneath it. That can be the case for at least two reasons other than physical...Read More
The Late, (Un)Lamented Split-Level & Rambler Want to know the latest trends in Twin Cities new construction? Check out upper bracket Edina. That’s where the folks who can afford the latest bells & whistles — inside and out — are building the most new construction. Ergo, that’s where to look to see the most —...Read More
16 Days on Market? Or 6? I lasted posted about 5800 Dale Ave. in Edina at the beginning of the month, just after it debuted on the market, and before the first Sunday open house on Nov. 6. What happened next? Thanks to my client’s exhaustive prep, the right price, and aggressive marketing (including a...Read More
New on the Market! Where: Just west of Highway 100 between Vernon and Highway 62 (Crosstown). What: 3 BR/3 Bath Split Entry with over 2,400 finished square feet on a .29 acre corner lot. When: on the market . . . today! How much: $450,000. Who: listed by Ross Kaplan, Edina Realty — City Lakes....Read More
