Tag

Golden Valley

Unseasonal Photos

“That Was Some October Snowstorm!” Where: 14xx June Ave. South What: 4 BR/5 Bath home with over 6,000 FSF in Golden Valley’s South Tyrol Hills neighborhood How (much): $1.139M ($10k price cut today) Who: listed with RE/MAX Results It’s certainly possible that the photo above was taken at the height of the October snowstorm we...
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"An Inconvenient [Housing Market) Truth"

Framing the Choices In politics, it’s often said that “whoever defines the terms of debate, wins.” The equivalent in real estate appraising would be, “whoever decides the geographic area for choosing the comp’s, defines home values.” What does that mean? One of the challenges choosing and analyzing “comparable sold properties” (comp’s) is coming up with...
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"Top-Heavy" Inventory

Jumbo Prices, Jumbo Selection I’m not a big wine drinker, but I’ve always believed that wine prices were characterized by a “law of diminishing returns.” In other words, while an average $8 bottle might be twice as good as an average $4 bottle, a $16 bottle probably isn’t twice as good as $8 — and...
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Home Focus: 110 Kentucky No. (Lion’s Park in Golden Valley)

“No Surface Left Untouched” Where: Lion’s Park neighborhood in Golden Valley (west of 100, between 394 and 55)What: almost 2,500 totally remodeled square feet, 3 Bedrooms, 3 all new baths; great floor plan and flowWhen: Broker open — 11 a.m. to 1 p.m. (6/16); public open — this Sun., 2 p.m. – 4 p.m. (6/21)....
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Foreclosure "Wipeout’s" Skew Housing Market Stat’s

Where: 328 Burntside Drive, Golden ValleyWhat: 6 BR/5 BA; 4,407 FSFHow much: $369,900Last sale: $899,000 (3/8/07)Tax assessed value: $757,700 Just like not all stocks have dropped equally in a market now down more than 50%, not all homes or neighborhoods have suffered equally. In fact, one of the reasons why the Twin Cities overall is...
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