Our Twin Cities Real Estate Blog

Oct. 16, 2019

Just Listed: 12255 Rendova Street NE, Blaine, MN 55449

Active | List Price: $524,900
Beautiful, Walk-out Two Story that Backs up to Protected, Wooded Land

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Description: The Lakes Community | Acres: .3 | Beds: 4 | Baths: 5 | Sq Ft: 4,300+ | Garage: 3 | This beautiful, walkout two-story is located in The Lakes community of Blaine and backs up to a protected, wooded wetland. The roof, siding, gutters, soffit, fascia, garage door were all replaced within the last year. Hardwood floors span the bright and open main floor that leads out to the maintenance free deck with views of the wooded land behind the home. There are 4 bedrooms up that are each connected to bathrooms including a luxurious master bath with a separate shower and tub. Features include upper level laundry, stainless steel appliances, a wall oven and microwave, a walk-in kitchen pantry and butler pantry, hardwood and tile flooring, fresh paint, a new A/C motor, a 3-car garage and more. The lower level is great for entertaining with a wet bar including a dishwasher, fridge and icemaker and walks out to a charming paver patio and fully fenced backyard. Your association memberships provides access to the nearby Lakeside Commons Park and beach area and dock on Sunrise Lake.

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For more information or to arrange a private showing of this listing, email or call us today at 612.888.HOME (4663).

Oct. 14, 2019

Just SOLD: 7060 Manning Avenue N, Stillwater, MN 55082

SOLD | List Price: $709,900
Resort Style Living on a 16+ Acre Lot Just Minutes Away from Downtown Stillwater

We represented the seller of this property which sold in 28 days for $710,000 (100% of list price) and closed on 10-10-19.

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Description: Acres: 16.1 | Beds: 5 | Baths: 4 | Sq Ft: 5,000+ | Garage: 3 |  Welcome home to resort style living on a stunning 16+ acre property conveniently located less than a ten minute drive away from downtown Stillwater. The walkout 2-story home with a heated, 3-car garage and 60’x30’ outbuilding are nestled far back from the road among an abundance of mature woods providing maximum privacy. There are four bedrooms on the upper level including a luxurious master suite with a walk in closet and private bath. Enjoy beautiful views of the backyard from the main level 3-season porch or wrap-around deck space just off the dining room. The recently renovated kitchen features high end finishes and stainless appliances including a 6 burner gas stove with a double oven. The retreat style, indoor pool and hot tub space is just off the kitchen with rustic vaulted ceilings and sunshine flooding into the space. The walkout lower level offers plenty of space for entertaining with a large family room, kitchenette, a fifth bedroom and ¾ bathroom.

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To schedule your free equity analysis email or call us today at 952.222.SOLD (7653).

Posted in JUST SOLD, Luxury Homes
Oct. 10, 2019

Just Reduced: 109 12th Avenue S, Hopkins, MN 55343

Active | List Price: $274,900
Charming 1.5 Story Set in a Prime, Downtown Hopkins Location

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Description: Acres: .14 | Beds: 3 | Baths: 2 | Sq Ft: 1,500+ | Garage: 1 | This charming 1.5 story is set in a prime, downtown Hopkins location with great walk-ability. The upper level was completely gutted, insulated with closed cell spray foam insulation (with R values ranging from 18 - 30) and completely re-finished as an open master suite with abundant built-in storage and hanging space. That project massively improved comfort and virtually eliminated the risk of ice damns by preventing heat transfer. More features include fresh paint, new carpet, granite countertops, crown molding, hardwood flooring, tile backsplashes, newer A/C and more! The lower level is very livable with a family room, gas fireplace and a full bathroom. The laundry room has extra storage space and a large, built-in workbench. The home's durable Hardie Board exterior, partial privacy fence, multiple gardens, a deck off the kitchen and mature greenery creates a private and pleasant backyard space. The driveway and concrete slab next to the garage allows parking for 4 additional cars.

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For more information or to arrange a private showing of this listing, email or call us today at 612.888.HOME (4663).

Posted in JUST LISTED
Oct. 8, 2019

Just Listed: 2550 Crescent Ridge Road, Minnetonka, MN 55305

Active | List Price: $574,900
Spacious 2-Story Set on Private, Maturely Wooded Lot in the Bent Tree Neighborhood

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Description: Bent Tree Neighborhood | Acres: .51 | Beds: 5 | Baths: 4 | Sq Ft: 4,000+ | Garage: 3 | This two-story charmingly combines modern architecture and design with traditional detail and finish. The home is set on a private, maturely wooded lot in the highly desired Bent Tree neighborhood, a mile from Ridgedale and 394. The floorplan is ahead of its time with open spaces, vaulted ceilings and massive windows throughout which let in an an abundance of natural light. The kitchen features granite counters, a wall oven, expansive cabinetry storage and a large center island with seating for up to 8. The kitchen walks out to a large deck and a flat backyard. There are 3 bedrooms up including a large master suite which features a walk-in closet, a private bath with both a jetted tub and walk-in shower. The lower level has high ceilings, egress windows, a sauna, a theater room and plenty of space for entertaining. The exterior features a convenient loop driveway which connects to the oversized 3-car garage and to the uniquely covered, front entrance of the home.

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For more information or to arrange a private showing of this listing, email or call us today at 612.888.HOME (4663).

Oct. 7, 2019

Just SOLD: 8289 Labont Way, Eden Prairie, MN 55344

SOLD | List Price: $299,900
Completely Updated Townhome with Elegant and Modern Finishes Throughout

We represented the seller of this property which sold in 1 day for $305,000 (102% of list price) and closed on 10-03-19.

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Description: Beds: 2 | Baths: 3 | Sq Ft: 1,800+ | Garage: 2 | This completely updated townhome features elegant and modern finishes throughout. With large windows, east/west exposure and an open layout, natural light pours in to the home. Features include, hardwood floors, granite countertops, new carpet, freshly painted walls, trim, doors and cabinetry, a gas-burning fireplace and more! The main level walks out to a deck with views that extend down the street. The upper level offers a master suite with a walk-in closet and private bathroom with a double vanity, separate shower and jetted tub. Laundry is conveniently located on the upper level along with an additional full bathroom that services the 2nd bedroom and loft space. The lower level has a den, a roughed in bathroom and an insulated, 2-car garage. The private, maturely wooded community is beautifully landscaped, has an abundance of sidewalks, walking paths, and a shared gazebo area. The property is near tons of restaurants, retail, lakes and has quick and easy access to 494 and 169.

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To schedule your free equity analysis email or call us today at 952.222.SOLD (7653).

Posted in JUST SOLD
Sept. 30, 2019

Just SOLD: 12981 7th Avenue S, Zimmerman, MN 55398

SOLD | List Price: $189,900
Nicely Maintained and Updated Home Set in Quiet, Maturely Wooded Neighborhood

We represented the seller of this property which sold for $195,000 (103% of list price) and closed on 9-27-19.

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Description: Acres: .26 | Beds: 3 | Baths: 1 | Sq Ft: 1,100+ | Garage: 3 | This nicely maintained and updated home is set in a quiet, maturely wooded neighborhood. The entire main level has knockdown ceilings, new baseboards, flooring, carpet and paint including enameled cabinetry in the kitchen and bathroom. The floorplan is bright and completely open with vaulted ceilings. The kitchen has a new kitchen faucet, a center island with electrical outlets, additional storage space and an overhang for stool seating. There are 3 bedrooms on the main level including a master with direct access to the bathroom. The lower level has a roughed in bathroom, is bright with natural light with daylight windows and plenty of space for a 4th bedroom and family room. The home has maintenance-free vinyl siding, a 3 car garage and sits on a flat lot with freshly mulched landscaping and a Toro in-ground sprinkler system. The furnace, A/C and irrigation have all been recently serviced and the water heater is brand new.

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To schedule your free equity analysis email or call us today at 952.222.SOLD (7653).

Posted in JUST SOLD
Sept. 30, 2019

Just SOLD: 10840 Rockford Road, Unit 113, Plymouth, MN 55442

SOLD | List Price: $119,900
Completely Updated, Main Level Condo in the Sagamore Community

We represented the seller of this property which sold in 7 days for $122,400 (102% of list price) and closed on 9-27-19.

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Description: Beds: 2 | Baths: 1 | Sq Ft: 800+ | This completely updated, main level unit is located in the Sagamore community offering affordable, resort style living in a prime Rockford Road & 169 location. The condo has high end updates from top to bottom including new windows, fresh carpet, updated hardware and light fixtures, a new kitchen sink, cabinetry, countertops, and high end appliances including a gas range, beautiful new modern finishes throughout the full bathroom, updated trim and casing as well as crown molding in the bedrooms and more! The condo is located on the main floor of the building with a relatively bright and open floorplan and walks out to a beautiful pond and open grass area.. The association fee includes indoor and outdoor swimming pools, a fitness area, a party/game room, gardens, a private park, tennis courts and much more. Up to 2 garage stalls per unit can be leased from the association at $50 per month per stall.

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To schedule your free equity analysis email or call us today at 952.222.SOLD (7653).

Posted in JUST SOLD
Sept. 27, 2019

The seasonal market deceleration continued overall, but Twin Cities housing prices bumped up 1% in August

Twin Cities Housing Market: September - 2019

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

The seasonal market deceleration has continued through August and the first part of September overall, but Twin Cities housing prices did receive a slight bump up of 1% in August.

Mortgage Rates: Through August and the first part of September, the average for a 30-year-fixed mortgage has been trading between 3.5% and 3.6% which remains very close to the historical lows.

Home Builder Confidence: The NAHB Housing Market Index in the United States increased slightly to 68 in September 2019 from an upwardly revised 67 in the previous month and beating market expectations of 66.

Closed Sales: 6,675 residential closings took place in the Twin Cities during August. That is flat month over month and flat, year over year but still up 22% from the number of closed units in August of 2014.

The Median Home Price: The median home price in the Twin Cities moved up 1% in August to $286,000. Prices typically decline in September. The last time the median home price moved up in August was back in 2014 and that was followed a 7% decline in September so it will be interesting to see what the numbers reveal next month.

New Listings: 7,708 new homes and condos hit the Twin Cities market in August. That is down 2% month over month and down 2% year over year.

Homes for Sale: The home and condo inventory level in the Twin Cities fell 1% in August to 12,365 units. That is down 5% year over year and still down 37% from the inventory level in August of 2014.

Pending Sales: 5,956 homes and condos came under contract in August which is down 4% month over month but up 4% year over year.

This concludes my housing market insight for September. Please don’t hesitate to connect with me if you would like to discuss the market conditions in your neighborhood or segment and I thank you for taking the time to watch this video.

By Nick Leyendecker, Founder, Broker, REALTOR®

Posted in Market Insight
Sept. 22, 2019

Just SOLD: 5035 Upton Avenue S, Minneapolis, MN 55410

SOLD | List Price: $949,900
Beautifully Renovated, Walkout 2-story on Over-sized Lot in the Fulton Neighborhood

We represented the seller of this property which sold in 4 days for $931,000 (98% of list price) and closed on 9-20-19.

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Description: Fulton Neighborhood | Acres: .19 | Beds: 5 | Baths: 4 | Sq Ft: 3,600+ | Garage: 3 | This completely renovated, walkout 2-story is set on a rare, oversized lot in the Fulton Neighborhood. The stunning property has an open layout with east and west exposure flooding sunlight into the home. There are 4 bedrooms on the upper level including a spacious master suite with a large walk-in closet and luxurious master bathroom. Every inch of space has been updated with high-end finishes including beautiful hardwood floors spanning the entire main and upper level, heated bathroom floors, second floor laundry, generous bedroom closets with custom shelving/hanging systems, stainless steel appliances, tile backsplashes, an attached, 3-car, heated and insulated garage and so much more! The lower level is bright with natural light and walks out to the fenced in backyard. The .19 acre lot features in-ground irrigation, a paver patio, perennial gardens, fruit trees and a cozy bonfire pit. The property is a short walk from parks, paths, shopping, popular restaurants and Lake Harriet.

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To schedule your free equity analysis email or call us today at 952.222.SOLD (7653).

Posted in JUST SOLD, Luxury Homes
Sept. 21, 2019

Under Contract: 13431 E Rondeau Lake Drive, Forest Lake, MN 55025

Under Contract | List Price: $574,900
Virtually Brand New, Walk-out Rambler on Beautiful 5 Acre Lot

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Description: Acres: 4.85 | Beds: 5 | Baths: 4 | Sq Ft: 3,800+ | Garage: 3 | Welcome home to a virtually brand new, beautifully designed, walk-out rambler on a nearly 5 acre lot. The home is conveniently located less than a ten minute drive from 35W access. Construction on this custom home was completed in 2017 and it is loaded with luxurious details including a bright and open layout with 10’celings, hardwood & tile flooring, high-end steel appliances, a stunning master suite with a massive private bathroom and walk-in closet, a main level, walk-through laundry room right off the master closet, a spacious lower level with tons of entertainment space and three bedrooms all serviced by full bathrooms, tubing for heated floors installed in the basement, a solid concrete interior room for storm protection/storage, a 3-car garage with a built-in storage room above the trusses, maintenance-free vinyl siding and much more! Enjoy abundant wildlife in this quiet, peaceful and beautiful lot with tons of dry, flat and usable land.

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For more information or to arrange a private showing of this listing, email or call us today at 612.888.HOME (4663).