Why Edina is in Such High Demand It shouldn’t come as surprise that, in a city where the average asking price for a single-family home is now $1.422 million, and the most expensive list price is $3.895 million, entry-level home prices will be dear, too. In fact, starter homes in consistently high-demand Edina begin around...Read More
“Starter home“: a relatively small, economical house or condominium that meets the requirements of young people buying their first home. While there’s no precise definition, I have two associations with “starter home”: One. Price Point. Starter homes are (well) below the average price for homes in the local market ” whatever that may be. So,...Read More
“Starter home“: a relatively small, economical house or condominium that meets the requirements of young people buying their first home. While there’s no precise definition, I have two associations with “starter home”: One. Price Point. Starter homes are (well) below the average price for homes in the local market — whatever that may be. So,...Read More
Why Edina is in Such High Demand It shouldn’t come as surprise that, in a city where the average asking price for a single-family home is now $1.185 million, and the most expensive list price is $5.7 million, entry-level home prices will be dear, too. In fact, starter homes in consistently high-demand Edina begin around...Read More
“Starter home“: a relatively small, economical house or condominium that meets the requirements of young people buying their first home. My association with “starter home” ” and I’m sure many others’ ” is a small house, usually two Bedrooms (or three very small ones), that may (or may not) be in rough condition. Other popular adjectives: “cute,”...Read More
Dream Home? Maybe Not, But Dream Price Everyone in real estate (and many outside of it) knows the phenomenon: homes on busy streets turn over more often. The explanation is self-evident, right? The occupants get tired of the traffic and move on. That may certainly be true, but as a Realtor, I see another, economics-based...Read More
