Estimates So Broad You Could Drive a Truck Through Them [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.] RealAVM: $859,828 RealAVM Range: $662,068 to $1,057,588 Confidence Score: 66 Forecast Standard Deviation: 23 –Excerpt, MLS If you only...Read More
The Best Adjective for “Home”? “Sold!” What do you call an Edina rambler that — at least according to my open house traffic the other weekend — was “too big,” “too small,” “too open,” “not open enough,” “too dated,” “too expensive” . . . and about 10 more fussy comments in a similar vein? Give up? Try, “Sold!” “Too, Too ....Read More
“Coupon Caveats,” or, When the Sum of the Parts < The Whole [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.] There may be valid reasons to buy an annual Barnes & Noble membership for $25. But, the promised $50...Read More
Mixing Apples and Oranges Are real estate prices in rural South Dakota and Mississippi really twice as much as in Dallas? That’s the takeaway, at least superficially, from a NYT piece profiling homes in South Dakota, Mississippi, and Dallas that are all now on the market for around $800k. Prices Per Square Foot; “A Creek...Read More