Golden Valley Rambler With 5 BR/4 BA, 4,500+ FSF for $475k What at first blush looks like a screaming value becomes less so once you factor in the house style — a one-story rambler (“Ranch” outside the Midwest). In particular, fully half of the finished square feet is in the basement. Basement vs. “Lower Level”*...Read More
Question #2: Calculate How Much per Square Foot Quick! Test your knowledge of today’s Twin Cities housing market, and guess how much this cute, 2 Bedroom/1 Bath South Minneapolis rambler with 864 FSF (above ground) is listed for: A. $89k B. $149k C. $249k D. $385k Before I give the answer, here are a couple clues: –The...Read More
. . . when the listing agent — plugging the (new) listing at the weekly Tuesday office meeting — starts by saying, “Well, let’s see, on the first floor, there’s over 5,000 square feet . . .” If you don’t know houses and square feet, a larger two-story family home with, say, 4 BR and 4...Read More
By now, most people know what an upside down home owner is: someone who owes more on their mortgage(s) than their home is currently worth. Supposedly, Americans are (still) collectively underwater to the tune of $5 trillion. So, what’s an “upside down” house? (my term) It’s a home where the finished square feet are disproportionately...Read More
Looking at the photo below, you’d certainly think that this home’s lower level Family Room was positively cavernous. However, given that the room is only 24′ x 12′, that distant-looking Fireplace is at most . . . 24′ away — less if you assume that the photographer didn’t take the photo flush with the opposite wall. Adding...Read More
Deciphering “Realtor-Speak” “Tax Rex auto-fill mls as 4BR. 2nd BR on main used as TV room. Tax Rex say 2022 FSF I say 1,697. Upstairs BR has sitting room of 8×6.9 with cozy Window Seat. No RR’s just G-ma’s Cosmetics! SOLID HOME! Late April Close Needed for Estate Sale. AS-IS!” –Excerpt, MLS listing Need some...Read More
