Like every home I’ve ever shown, this 1917 stucco two-story five doors west of Lake Calhoun in Minneapolis was a mix of pro’s and con’s. First, the con’s: a dated Kitchen and two dated Baths, old windows, somewhat wavy hardwood floors, and a backyard — at least what there was of it — that backed up...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