Chain-Reaction “For Sale” Signs It’s one of those anomalies that you see from time to time — and that understandably gives Buyers pause: a block where every other house seems to be for sale. At the moment, that phenomenon seems to characterize Basswood Road, a 3 block-long street just west of Cedar Lake that straddles...Read More
Neighborhood Expertise — and Lack Thereof Want a sure sign that a Realtor doesn’t sell much by the City Lakes? They refer to “Lake Calhoun” as “Calhoun Lake” in their marketing materials. Fish (er, Realtor) Out of Water It may be forgivable to confuse Forest Lake (the city 40 miles north of the Twin Cities)...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
(Knowing When to) Open it Up What do you with a space, like the one pictured above, that feels claustrophobic and cut off from the rest of the home? Open it up. So, what was once a seldom-used Den — technically, a legal Bedroom — is now annexed to the sweeping, new Living Room. In...Read More
Putting a Price Tag on Proximity to Cedar Lake A client of mine says his engineer son-in-law has done a regression analysis calculating the premium associated with proximity to Minneapolis’ Cedar Lake. His number? $11,000 per block. If that’s correct, that’s a very valuable number to have, because lots of Realtors, appraisers — and their...Read More
