Three Factors How much do you discount for a one-car garage? The short answer: “it depends.” Specifically, I think that the three most important variables are: One. What is the surrounding housing stock like? In close-in, older Minneapolis neighborhoods, many homes have one car garages (still). Detached, one car garages. When that’s the standard, the...Read More
Bad Call? The best way to sell a house is to exceed Buyers’ expectations (plus dangle a tempting price, and stir up lots of “pre-list” and “new list” buzz). The corollary? “The best way to lose a Buyer is to disappoint them.” —-Ross Kaplan, “Realtor Sales Secrets”; City Lakes Real Estate Blog. Is it a mistake not to...Read More
Three Factors How much do you discount for a one-car garage? The short answer: “it depends.” Specifically, I think that the three most important variables are: One. What is the surrounding housing stock like? In close-in, older Minneapolis neighborhoods, many homes have one car garages (still). Detached, one car garages. When that’s the standard, the...Read More
Bad Call? “The best way to sell a house is to exceed Buyers’ expectations (plus dangle a tempting price, and stir up lots of “pre-list” and “new list” buzz). The corollary? “The best way to lose a Buyer is to disappoint them.” —-Ross Kaplan, “Realtor Sales Secrets”; City Lakes Real Estate Blog. Is it a mistake not to...Read More
Three Factors How much do you discount for a one-car garage? The short answer: “it depends.” Specifically, I think that the three most important variables are: One. What is the surrounding housing stock like? In close-in, older Minneapolis neighborhoods, many homes have one car garages (still). Detached, one car garages. When that’s the standard, the...Read More
Normally, you’d expect a home with only a one-car, tuck-under garage to be steeply discounted. Except in this case, the homes that come with the less-than-ideal garages** are the “Painted Ladies” in San Francisco, a series of Victorian Homes in Alamo Square with spectacular views of the downtown skyline (pictured above). Most recent selling price: $3.1...Read More
