Just checked out the new Trader Joe’s in Minnetonka, located just northwest of 394 and Hopkins Crossroads. The store opened last Fri. (Nov. 6). Quick first impressions: 1. It’s huge. In fact, my cashier said that it’s supposed to be the 2nd biggest of 300 Trader Joe’s nationally. 2. There’s ample parking (makes a big...Read More
Twin Cities Motivated Sellers The Twin Cities ranked seventh among the 50 largest cities in the U.S. in terms of the share of reduced-price listings, with 34% of for-sale listings in the 13-county metro area [seeing] price reductions as of Sept. 1. The size of the average price reduction in the Twin Cities was 9...Read More
Casing a Home in 10 Minutes Flat (In a Good Way)One of the many, behind-the-scenes things that good Realtors do for their clients is preview. Whereas a showing is when a Realtor views a for-sale home with their client, a preview is when they look without the client along. Schedule permitting, I preview as much...Read More
Want Your Own Private Skyway?*Where: 96xx Oak Ridge Trail in MinnetonkaWhat: 5 BR/4 Bath, 3,800 FSF contemporary on .5 acre lotHow much: $325,900 (asking price)Tax value: $710,700 This sprawling, bank-owned contemporary (read, foreclosure) in Oak Ridge Trails seems like a screaming bargain. Until you go in. While it appears (to me) to be structurally sound,...Read More
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...Read More
