Doing Realtor Damage Control Thanks to a Star Tribune story Tuesday chronicling a supposedly overheated Twin Cities housing market, crestfallen Buyers who repeatedly(!) came up short in multiple offers this Summer, etc., etc., several thousand local agents had to take a chunk out of their busy schedules this week to do damage control with their anxious...Read More
Included: $2 Million Guest House On the coasts, $5 million is nothing for a home. Here in the Twin Cities, however, that’s still quite a bit. Especially for a home NOT on a lake. One Two-of-a-Kind To be sure, the home in question — just west of Minneapolis’ Cedar Lake — boasts stunning lake and skyline...Read More
Divide & Conquer — Kitchen Edition You know the home is a knockout when a roomful of seasoned, upper bracket Realtors all “ooh” and “aahh” — as they did this morning at 5336 Oaklawn, the host of this week’s Exceptional Properties meeting. The home is in the middle of one of the hottest neighborhoods for...Read More
“Spectacular Estate on Nearly 4 Acres” No, boom shots — aerial shots if they’re taken from a plane (drone??) — aren’t cheap. But, neither are the homes they’re marketing. Which is kind of the point. Instead of merely telling prospective Buyers that this 7 BR/8 Bath home (above) sits on nearly four acres, the photo...Read More
Where: 2250 Delaware Avenue in Sunfish Lake. What: 4 Bedroom/3 Bath home with 4,500 finished square feet, built in 1870, and set on almost 19(!) beautiful acres. How much: $2.5 million. When: listed July 31. Who: Seller represented by Karen Antone and Sheri Fine, both in the Edina Realty City Lakes office. Lest anyone (mistakenly) think that...Read More
The Serial Cancel-and-Relist Property If early May is when perennial flowers bloom (at least in Minnesota), it’s also when the real estate equivalent (re)appears: the oft-listed, oft-cancelled property that comes back on the market each Spring after not selling the previous season(s) — albeit at a better price. By definition, these properties are characterized by one (or more) of...Read More