Realtor Name-Dropping After almost a decade attending Edina Realty “Exceptional Properties” meetings — held weekly at an upper bracket Twin Cities home — I figure I’ve now heard my colleagues sing the praises of something like 2,000 homes, cumulatively worth a cool $3 billion or so (and have pitched a few of my own listings at such meetings). And yet, I...Read More
Upper Bracket Multiple Choice Test your knowledge of Twin Cities upper bracket homes by answering the following question: The home pictured above and below has six bedrooms, five baths, and over 6,600 finished square feet — plus a six car heated garage. Where is it located, and what is the asking price? A. Wayzata; $3.5...Read More
No, $2.2 Million Below Construction Cost Where: 64xx Indian Hills Road in Edina What: Six Bedroom/Nine Bath Smucker-built Italian residence with over 10,000 finished square feet. How much: list price = $3.39M Who: listed by Michael Nash, Edina Realty You don’t see that many $2 million-plus homes in the Twin Cities. You see even fewer homes...Read More
Higher Price = Longer Market Time It’s no secret that there are lots of upper bracket homes currently for sale in the Twin Cities. Depending on your definition of “upper bracket” (mine is over $850k or so) and which part of town you’re talking about, the current supply of such homes ranges anywhere from 12 to...Read More
Minneapolis Beats Edina No, that’s not a wild basketball score — it’s 2010 per square foot selling prices. For the first time in my knowledge, home prices in Minneapolis — specifically, Southwest Minneapolis — bested prices in Edina (I’m leaving out the very swanky homes ringing Lake of the Isles and Calhoun). What’s that about? I’d...Read More
Acing the “Ooh!” and “Aaah!” Factor Where: 2700 Chowen Ave. South in Minneapolis’ Sunset Gables subdivision (just south of Cedar Lake) What: Moderne-style Art Deco with 5 Bedrooms and 5 Baths, and 3,800 finished square feet How much: listed for $875,000; sold for $823,050 (94% of asking price, and more than $35,000 over the tax...Read More
