Lake of the Isles Classic Original character? Check. Terrific location? Check. Great curb appeal, condition, updates, and well-priced at $1.295 million (below the tax assessed value)? You betcha. So, what’s the . . . uhh, hold-up? A whopping $26,329 annual property tax bill! If the City of Minneapolis was trying to dissuade upper bracket Buyers from...Read More
Metro Homes Under $40k According to a quick search on MLS this morning, there are exactly 463 residential properties in Minneapolis and the West ‘burbs for sale for under $40k. To be sure, the majority are in rough condition, in tougher neighborhoods; the ones that aren’t, are typically condo’s. Small condo’s. But still. When even...Read More
Not Exactly a Dream — But No More Nightmares Thanks to a rare confluence of factors — mortgages that far exceed home values and bargain-basement rents — a growing number of families are concluding that the new American dream home is a rental. Some are leaving behind their homes and mortgages right away, while others...Read More
