Guess #2: How Much? Owner’s suite w/Large Bath & Walk-in Closet. Open Floor Plan w/9′ Ceilings. Granite/Stainless Kitchen w/Undermount Sink/Peninsula. Barrel Ceiling. –Excerpt, MLS Listing Based on the accmpanying photos and marketing language (above), guess where this new single family home with 4 Bedrooms and 3 Baths is located: A. Linden Hills in Southwest Minneapolis; B. ...Read More
Shrinking Twin Cities Housing Inventory It’s been awhile since I tooled around my old, Southwest Minneapolis stomping grounds. And, prior to the election, it seemed like every other front yard had one big sign or another in it. But, with those all gone, and the trees and yards pre-Winter bare, I was struck by how...Read More
. . . . When Overall Housing Prices are Static How can housing prices (average and median) be galloping ahead in some Twin Cities neighborhoods, when overall prices are only modestly rising (from still very low levels)? Easy. Explanation #1: not all neighborhoods are experiencing modest appreciation — some are doing GREAT; and Explanation #2: tear-downs....Read More
Days on Market: 1 Percentage of Asking Price: 100% Where: 5231 Washburn Ave. South in southwest Minneapolis’ Fulton neighborhood. What: 5 Bedroom/4 Bath new construction with 3,680 finished square feet. When: on the market June 6; sold June 7 (closed August 7). How much: listed and sold for $825,000. Who: listing agent — Charlie Marggraf; selling agent...Read More
Where: 5229 Chowen Ave. South in Southwest Minneapolis. What: 4 BR/2 BA stucco bungalow with 2,100 square feet in mint condition. When: came on the market April 4; under contract April 10. How much: listed for $395,000 Who: listed by Ross Kaplan, Edina Realty City Lakes; sold by Andrew Olive, Edina Realty 50th & France....Read More
On Broker Tour Tues. 11 a.m. – 1 p.m. (4/5) Where: 5229 Chowen Ave. South in Minneapolis’ Fulton Neighborhood (just south of Linden Hills). What: 4 BR/2 Bath stucco bungalow with over 2,100 finished square feet. When: on market today(!); first showings after conclusion of Tour tomorrow (> 1 p.m.). How much: $395k Who: listed by Ross Kaplan,...Read More
