Tag

new construction

Popped Roof Near Cedar Lake: THAT Was Fast!

Work in Progress in Fern Hill How long does it take to put up a 2nd story on what had been a rambler? Not long, judging by the progress on this home just west of Cedar Lake, in St. Louis Park’s Fern Hill neighborhood. The photo above was taken today; the one below is from eight(!) days ago (and...
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Blink & You Missed It: Why That $1.4M New Home Just Jumped to $1.7M

“Anyone Know a Good Welder??” I don’t know about the rest of the economy, but inflation is very much afoot in the upper reaches of the Twin Cities housing market — specifically, new homes. Anecdotally, I’d estimate that prices for upper bracket new construction in places like Edina, Minnetonka, and select Minneapolis and St. Louis...
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Early Birds and Home Builders

When is the Best Time to List a Tear-Down? Conventional wisdom (which I happen to agree with) is that early Spring is the best time for Sellers to list their home. Is there a best time to list a home that’s destined to be a tear-down? I’d argue that it’s also . . early Spring....
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Open House Sat. (1/10) From 2:30 – 4:30 p.m.

Prime Lake Forest Location, Gorgeous Setting Where:  2315 Parklands Road in St. Louis Park’s Lake Forest neighborhood. What:  Cape Cod-style home with great bones and nice finishes. When:  2:30 p.m. to 4:30 p.m. Saturday (Jan. 10). How much:   $500,000. Who:  listed by Ross Kaplan, Edina Realty – City Lakes. If you’re looking for the perfect...
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“Wait a Second! Don’t Additions Usually Go in the BACK?!?”

The explanation for this rather strange-looking construction project? (located across the street from Minikhada Vista Park in St. Louis Park). That’s not an addition — it’s a set of all-new front steps. The heated, enclosed area allowed the contractor, Jeremy’s Concrete from St. Cloud, to work long past the usual cut-off for such outside work...
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Are Two Loans Better Than One? It All Depends . . .

Financing New Construction There are a multitude of ways for Buyers to finance the construction of a new home, including going through the builder (especially true of the bigger ones). However, the two main choices from bank lenders are:  1) what’s called a “construction-to-perm(anent) loan”; and 2) an initial mortgage to purchase the lot, followed...
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