Renovated 1950’s Rambler by Cedar Lake Asking $825k(!) [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] No one would be happier than me if 2518 Joppa — new on the market yesterday — fetches its $825k (really) asking...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 discount...Read More
Hey! Where’s the Garage?!? While not as common in Minnesota as, say, California and Florida, I do recall seeing Twin Cities homes with car ports. It’s just that they usually supplement (rather than replace) a garage. Much less common: a car port underneath the home, that leads to the detached garage in back (photo above)....Read More
Something New Under the Sun In a decade-plus in residential real estate, I’ve seen: one-car garages (lots); two-car garages; three-car garages; four-car garages; five-car garages; tandem garages; no garage . . . and probably a couple other configurations as well. I’ve also seen listing agents (or homeowners) mistakenly bill a two-car garage as a “double-car...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 to that would be, “the best way to lose a Buyer is to disappoint them.” –Ross Kaplan, “Realtor Sales Secrets”; City Lakes Real Estate Blog (6/20/2011) Is...Read More
