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Minneapolis housing

Christmas Eve Sales

Stocking Stuffer Where: 48xx Portland Ave. South, in South Minneapolis When: went pending today (Christmas Eve) What: 5 BR/3 Bath stucco bungalow with over 2,200 square feet How (much): asking price – $209,900 Who: listed by Roman Dziuba, Minnesota Realty Every year, clients contemplating listing their homes around Holiday time ask about the wisdom of...
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$1 Million Lake of the Isles FSBO

Going it Alone Where: 16xx 26th St. West, just east of Lake of the Isles in Minneapolis What: 3 BR/4BA 1921 Colonial with 3,400 FSF Who: listed by owner How much: asking price is $1.195M When: originally listed July, ’08 (market time now = 16 months) It’s rare to see upper bracket FSBO’s (“For Sale...
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40% Below Tax Assessed Value

Where: 16xx Cedar Lake Parkway (just northwest of Cedar Lake in Minneapolis) What: 3 BR/2BA Contemporary with almost 3,200 finished square feet. How much: listed for $320k When: originally listed in Oct. ’08 for $549k. Who: listed by RE/MAX Results; agent is Michael Kohler In today’s market, it’s increasingly common to see homes for sale...
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December Case-Shiller Numbers

December S&P/Case-Shiller: Minneapolis Down 18.5% The latest S&P/Case Shiller numbers (for December) are out, and to no one’s surprise, they’re dreadful: all of the nation’s 20 largest housing markets show decreases, from the merely bad (Dallas, Denver) to the shocking (Las Vegas, Phoenix). Minneapolis shows an 18.5% drop from a year earlier. Before you jump...
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Hot Property (Really!)

Want a Deal? How about *82% off?Where: 22xx Vincent Ave. North; MinneapolisHow much: $42,500Key Stats: 4BR/2BA; 1,363 FSFLast sale*: $240,000 (6/2006)Tax assessed value: $165,000 No, it’s not in Edina or Wayzata. And, yes, it’s a foreclosure, with all the headaches that can be involved (including less than pristine condition). However, this brick-and-stone rambler is just...
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Spotlight on Value: 2905 Benton Blvd.

Where: 2905 Benton Blvd, MinneapolisHow much: $739,900Tax value (’09): $849,900Original asking price: $925,000Originally on market: 4/28/09 One year ago, this home likely would have fetched in the mid-$800’s (I should know: I sold a very similar home, with fewer updates and farther from the lakes, for $790,000). Fortunately for my Seller, at the time Benton...
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