“The Preference for Pottery Barn” (Decor) Contrary to popular perception, not every Twin Cities home new to the market is immediately getting snapped up in multiple offers right now. What kind of home is? Here are the four attributes that such homes seem to most often share: One. Price point, i.e., they occupy the lower...Read More
How to Make a Busy Street Disappear A location on a busy street need not be a dealbreaker. If you’re dubious, consider 5600 Blake Road in Edina’s gorgeous Parkwood Knolls neighborhood, listed by Edina Realty’s Matt Lill. I count no fewer than five ways the owner and their builder are minimizing the proximity of a busy...Read More
“Anyone Know a Good Welder??” I don’t know about the rest of the economy, but inflation is very much afoot in the upper reaches of the Twin Cities housing market — specifically, new homes. Anecdotally, I’d estimate that prices for upper bracket new construction in places like Edina, Minnetonka, and select Minneapolis and St. Louis...Read More
The Lion in Winter As a listing agent preparing the marketing for a home, step #1 (at least for me) is to ask my client why, once upon a time, THEY bought the home, and what they’ve (most) enjoyed about living there. So, what was the clincher for the owner of the Parkwood Knolls home that...Read More
CMA (“Comparative Market Analysis”) Math I just showed an Edina home to clients who expressed serious interest, and want to know when they can double back to see it again. Their inevitable next question for me: “what do you think it’s worth?” While every house is by definition unique, the key to estimating a home’s...Read More
Food Retailing “Bells & Whistles” Upstage the Food If you want to see the latest housing trends — at least in the Twin Cities — you check out new residential construction in Edina above $3 million or so. That’s because homes at that price point are typically loaded with all the latest bells & whistles...Read More
