Consider This a Little Big Sign With the usual number of homes temporarily taken off the market over the holidays, plus “For Sale” homes that simply expire without selling (something like one-third of all listed homes), a home’s status this time of year can be a question mark. So, here’s a BIG hint: if there’s a large post...Read More
The Utility of “Negative” Information If the 4 Bedroom, 3 Bath 1945 Colonial three blocks away from you just sold for $650,000, that’s probably a good starting point for pricing your 4 Bedroom, 3 Bath 1945 Colonial. But what if the neighbor’s Colonial was on the market for six months at $650,000, and didn’t sell — perhaps even after dropping in price to $624,900, and...Read More
Where: 7508 West Lake St. in St. Louis Park What: .24 acre lot How much: sold for $75k When: deal closed just after Labor Day Who: listing agent – Ross Kaplan; broker – Edina Realty So what’s the big deal about an empty lot in St. Louis Park? It’s not just a lot — it’s...Read More
Where: 29XX Quentin (St. Louis Park’s Fern Hill neighborhood)What: 3 BR/3BA; *3,937 FSF. Year built: 1936How much: $379,900On Market: 7/23/08 I originally profiled this home way back in July, when it first came on the market (“Too Good To Be True“). The question I posed — “4,000 FSF by Cedar Lake for $380k? Not So...Read More
