Our Twin Cities Real Estate Blog

April 20, 2019

Just SOLD: 12783 82nd Place N, Maple Grove, MN 55369

SOLD | List Price: $229,900
Turn-key, Updated Townhome Located in the Heart of Maple Grove

We represented the seller of this property which sold in 2 days for $241,000 (105% of list price) and closed on 4-19-19.

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Description: Beds: 3 | Baths: 2 | Sq Ft: 1,700+ | Garage: 2 | This turn-key, updated townhome is located in the heart of Maple Grove surrounded by countless restaurants, grocery stores and retail shops with easy access to Highways 94 and 169. With eastern sun exposure in front and western sun exposure in back, tons of natural light floods through the large windows and sliding glass door. The property is loaded with updates including fresh paint and hardware throughout, new paneled interior doors, custom shelving added to closets, new trim work, light fixtures and electrical receptacles throughout. The kitchen has all new stainless steel appliances, painted cabinetry, new shelving, a new counter top with overhang for stool seating and more. The bathrooms are completed updated from top to bottom with fresh paint, vanities, sinks, tile, and new shower doors in the lower level. Windows are new in the living room, master bedroom and second upstairs bedroom and a new garage door was installed. No detail has been missed in this move-in ready home.

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

Posted in JUST SOLD
April 18, 2019

Just Listed: 3857 Unity Avenue N, Robbinsdale, MN 55422

Active | List Price: $239,900
Updated 1.5 Story in Central Robbinsdale Neighborhood

View the MLS Listing

Description: Acres: .12 | Beds: 3 | Baths: 2 | TFSF: 1,700+ | Garage: 2 | This charming 1.5 story home in a central Robbinsdale neighborhood has been updated from top to bottom. The property has fresh paint, carpet and flooring throughout, a newer A/C unit, a completely renovated full bathroom on the main level, a toilet added in the lower level. The kitchen has all new countertops, brand new appliances, freshly painted cabinetry and is bright and open to the family room with vaulted ceilings and a wood burning fireplace. There are 2 bedrooms on the main level and a second living room area. The upper level is a spacious master bedroom with tons of built-ins and storage space. The lower level has an open, finished family room that could be used as an amusement room and billiards area. The roof on the home and the detached, 2 car garage was replaced and all of the shake siding was painted in 2018. The home is located on a corner lot, is a short drive away from downtown Robbinsdale and in walking distance of various parks and trails.

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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
April 17, 2019

Just SOLD: 3432 19th Avenue S, Minneapolis, MN 55407

SOLD | List Price: $424,900
Completely Renovated Home in the Corcoran Neighborhood of Minneapolis

We represented the seller of this property which sold in 5 days for $425,000 (100% of list price) and closed on 4-17-16.

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Description: Corcoran Neighborhood | Acres: .12 | Beds: 5 | Baths: 3 | Sq Ft: 3,000+ | Garage: 3 | This bright, spacious home has been completely renovated with some of the original detail and charm preserved. In 2010 the home was completely gutted and remodeled with a new roof, windows, plumbing, electrical, furnace, water heater, A/C, insulation (basement), light fixtures, hardware, fresh paint, flooring and more. All three bathrooms have been completely updated with modern finishes. The kitchen was expanded and features custom cabinetry, crown molding, stainless steel appliances and granite tile counter tops. The kitchen and living room have a bright, open layout that abuts a spacious formal dining room and walks out to a fully fenced backyard, making the space great for entertaining. The large, lower level bedroom has many windows letting natural light in and is serviced by a three quarter bathroom. The home features a 3-car garage (rare to Minneapolis) and is located in a great neighborhood just minutes from downtown Minneapolis, many parks, restaurants and the light rail.

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

Posted in JUST SOLD
April 17, 2019

Under Contract: 3809 Zenith Avenue N, Robbinsdale, MN 55422

Under Contract | List Price: $239,900
Charming, Updated 1.5 Story with Finished Basement

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Description: Acres: .12 | Beds: 3 | Baths: 2 | TFSF: 1,700+ | Garage: 2 | This turn-key, charming 1.5 story has been extremely well maintained and updated by the current owner. The home is set on a flat lot with a fully fenced backyard located just blocks from the Parkway, Crystal Lake, parks and just 1.2 miles from downtown Robbinsdale. The upper level is a spacious master suite with hardwood floors, abundant built in closet space and a full private bathroom. The interior has been updated to modern finishes. Mechanical updates include a newer furnace, A/C, water heater and water softener. Exterior updates include all new windows on the main and upper level, fresh paint and stain and a newer roof. The backyard is fully fenced, nicely landscaped and has a newer cement patio for entertaining. The two-car garage was built in 2006 and is insulated and sheetrocked. 

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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
April 9, 2019

Just Listed: 9670 Jonathan Lane, Eden Prairie, MN 55347

Active | List Price: $624,900
Gorgeous, Updated Two-Story in Eden Prairie

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Description: Acres: .33 | Beds: 4 | Baths: 5 | TFSF: 4,200+ | Garage: 3 | This beautiful 2-story in the desirable OakParke Estates, has been meticulously maintained and updated. The main floor is bright and open with a modernized kitchen, hardwood floors, a gas fireplace and more. The upper level has 4 bedrooms (all connected to bathrooms) including a master suite with a large walk in closet and private bath. The private master bath has a double vanity, separate shower and a Jacuzzi tub. The lower level has a family room, theater room (including an AV system and theater seating), large office, abundant storage space and a 3/4 bathroom. The oversized 3 car garage is insulated, heated, epoxy floors, offering ample storage and work space. Other features and updates include fresh paint, enameled trim, a concrete driveway, newer furnace and A/C systems, seamless gutters and a maintenance free deck overlooking the pond behind the home. The beautifully landscaped yard has an irrigation system, invisible fence, an 8’x10’ storage shed and a private, cement patio.

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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).

April 9, 2019

Just Reduced: 12821 Meadow Circle, Minnetonka, MN 55305

Active | List Price: $524,900
Updated, Walkout Two-Story on a Sprawling Lot Minutes from Ridgedale Mall

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Description: 0.83 Acres | 3 Beds | 3 Baths | 3,700+ Sq Ft | 2 Car Garage | This is a rare opportunity to own a beautifully updated two-story on a completely fenced, flat and private .83 acre lot in a cul-de-sac just minutes from Ridgedale Mall. Updates include new flooring and carpet throughout, fresh paint and white enamel on all levels, new stainless steel appliances, LED lighting throughout, a completely renovated private master bathroom, new main entry French doors, a newer roof, siding, gutters, doors, refinished deck, new brick patio, and more! The main level is bright with natural light and beautiful views of the sprawling, private backyard and offers plenty of room for entertaining with both casual and formal living and dining spaces. The lower level has an abundance of storage space, a spacious living room equipped to serve as a theater room and a partially finished four season porch that walks out to the private brick patio. Enjoy beautiful sunsets from the west-facing, refinished deck overlooking the peaceful Meadow Park wetlands and hiking trail.

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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).

April 3, 2019

Just Listed: 11822 Riverview Road NE, Hanover, MN 55341

Active | List Price: $269,900
Nicely Updated Rambler in Prime Hanover Location

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Description: Acres: 0.53 | Beds: 3 | Baths: 2 | TFSF: 1,400+ | Garage: 2 | This well maintained rambler has 3 bedrooms on the main level including a master suite with a private, full bathroom. The home has been meticulously cared for and updated over the years by one home owner since it has been built. Interior updates include full remodels of the kitchen in 2011, the master bathroom in 2018, and the second full bathroom in 2014. There is commercial grade laminate flooring throughout much of the main level, a radon mitigation system was installed in the home and the water heater and water softener were replaced in 2015 and 2016 respectively. The full basement of the home awaits your finishing touches. The roofing, siding and AC unit were replaced in 2009 and the driveway was repaved in 2018. The large, flat backyard is nicely landscaped with a deck and stone patio and immediately abuts a park with a playground. The attached garage is over-sized with plenty of room for a work space or storage. This property is located in a quiet, maturely wooded neighborhood.

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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
March 29, 2019

Under Contract: 16415 58th Avenue N, Plymouth, MN 55446

Under Contract | List Price: $999,900
Gorgeous, Custom Two-Story Loaded with Upgrades in Terra Vista

Business Journal | The MLS Listing

Description: Terra Vista | Acres: .3 | Beds: 5 | Baths: 5 | Sq Ft: 5,800+ | Garage: 3 | This beautifully designed, custom two-story was built by Swanson Homes in 2014 and is loaded with upgrades. The home sits on a premium, walkout lot with private backyard views and comes with the desired amenities of the Terra Vista community (including a pool, luxury clubhouse and playground). The property is located in the Wayzata school district, directly adjacent to the NW Greenway Trail and within walking distance to parks. Some of the upgrades and features include: a bright open floorplan, high end finishes throughout, a large chef's kitchen with a walk in pantry and separate butler's pantry, a 3 season porch, a luxurious master en-suite, four bedrooms up that are all connected to bathrooms, a lower level kitchenette, an indoor sport court and so much more.

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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).

March 27, 2019

The competitive spring housing market has arrived in the Greater Twin Cities

Twin Cities Housing Market: March - 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 competitive spring housing market has arrived in the Greater Twin Cities. The home inventory crisis that has been at the core of the inflationary boom in housing prices for the past 7 consecutive years, remains fully intact. The February blizzards kept new listing inventory at bay but with mortgage rates at a 13-month low, the weather seems to have had very little effect on the seasonal rise in buyer demand. Except for segments with direct competition from new construction inventory, multiple offer scenarios for a majority of property listings has returned as the status quo for local home buyers and sellers and that will remain the case for the next 2-3 months.

Mortgage Rates: Mortgage rates have fallen further in March and now sit at a 13-month low of 4.31% for a 30-year fixed, conventional mortgage.

Home Builder Confidence: In February, the national home builder confidence index remained unchanged at 62.

Closed Sales: Closed sales in the Twin Cities climbed 4% in February with 2,815 residential closings.

The Median Home Price: The median home price in the Twin Cities moved up 3% in February to $265,500. We expect that figure to continue to rise for closed sales through the month of June.

New Listings: New listings are typically on the rise in February, but we had the highest snowfall on record in Minnesota for February this year. The weather appears to have put a damper on plans for many would be home sellers as new listings fell 1% month over month, in February compared to what would normally be a 10 – 15% increase. We are expecting a significant bounce back for new listings in March.

Homes for Sale: The home inventory level in the Twin Cities is typically rising in February to meet the seasonal rise in demand however the home inventory level fell 3% this February to 8,053 homes for sale. That figure doesn’t include some of the unlisted new construction inventory but even considering that fact, 8,000 homes for sale is very close to a historical low, adjusted for population.

Pending Sales: Despite the low inventory level and despite the snowy weather, pending sales in the Twin Cities climbed 5% in February to 3,424 units. We expect pending sales volume to continue to rise significantly from now through May as the weather improves and new listings begin to catch up with demand.

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

By Nick Leyendecker, Founder, Broker, REALTOR®

Posted in Market Insight
March 22, 2019

Coming Soon: 12440 54th Avenue N, Plymouth, MN 55442

Coming Soon
Impressive Two-Story with Waterfront on Bass Lake

Description: Bass Lake | Acres: 1.2 | Beds: 4 | Baths: 5 | TFSF: 4,700+ | Garage: 3