(Sub)Divide & Conquer So, how do you make an already dramatic lake view (in this case, overlooking Plymouth’s Medicine Lake) even more dramatic? By splitting it in two. Specifically, by adding a floor — ceiling if you’re on the lower level — that merges the newly created upper level with the Kitchen/living area on the...Read More
“Lakeview” vs. “Lakefront” [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] In a state famed for its 10,000 lakes (actually, 11,842), you’d figure that there are LOTS of lakefront...Read More
The Art of Doing Comp’s I’m working on an assignment for a client now that’s proving devilishly difficult: identify the premium associated with a home on a small, metro lake so that it can be priced appropriately for sale. The lake in question isn’t Lake Minnetonka, Lake of the Isles, or other “marquee” name. Rather,...Read More
