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southwest: Significant Sale in Southwest New Construction Real Estate Market - 09/11/11 03:57 PM
Here is a significant home sale that just closed. If you are following new construction in St. Louis Park, Southwest Minneapolis, or Edina, this home represents a great value and sets something of a benchmark. This new construction home just sold for $683,000 with with 5 bed, 4 bath and 3,352 total finished sq. ft. (2,288 above ground). It is located St. Louis Park, Browndale Neighborhood, and sits right across the street from Browndale Park. I've toured this home and thought it was a very nice home. It lacks much of the detail found in more expensive homes but, given the … (2 comments)
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southwest: Minneapolis, MN Neighborhood Appreciation Rates Vary Widely - 09/03/08 04:12 PM
Just a quick "flash in the pan" for everyone interested in local real estate values. We always here about the wholesale decline of home values, when in fact that's simply not the case. In reality Buyers are able to be far more discriminating and while that leads to declining vales in some areas, other areas are in fact rising.
Average stats in no way reflect the actual value of your home. To find out the value of your home, contact me for a free Market Analysis based on comparable sales in your price range, neighborhood, and property type.
Minneapolis, MN … (0 comments)
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southwest: Remodeling Changes the Real Estate Market: Tear Downs, Historic Homes, and the Evolution of Values - 06/23/08 03:32 PM
I live in an area of Southwest Minneapolis called Linden Hills. Loved for its history and it's quaint small town feel, Linden Hills is also just 15-20 minutes from Downtown. People love this neighborhood, and as a result, the property values are pretty high. The homes are old, some go back to the 1890s, and nearly all have had some remodeling done to them. Since the early 1990s the number of whole house renovations and teardown to new construction projects has increased dramatically.
Linden Hills is not alone as neighborhoods across the country are in the same boat. Homes built in … (1 comments)
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southwest: Minneapolis & Edina over $2 million - 06/18/08 10:00 PM
During this period of market correction, media pundits talk of falling values, and lenders refer to "declining markets" but we all know, real estate is intensely local. Average market conditions rarely tell the real story of what is happening in any given neighborhood.
In this multi part series, close examination of specific price ranges and neighborhoods reveals the "real" real estate market behind the headlines.
In this part, "The Best of The Best" Minneapolis homes over $2 million.
There aren't many homes sold over the $2 million mark. In the past year* there were just 17 sold, (7 of there … (1 comments)
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southwest: Linden Hills Town Hall Meeting: The Effect of Forclosures - 03/03/08 06:54 PM
This Tuesday evening from 6-7 the Linden Hills Housing Committee will be hosting a town hall meeting to discuss the effect of Foreclosure on the community. There will be a Pot Luck dinner, kids are welcome. Following this presentation and discussion, the Linden Hill Neighborhood Council will have a Board meeting from 7-9 and everyone is welcome to stay for that as well.
Discussion Topics for the town hall meetingwill include:
Why there are so many foreclosures happening
Local Real Estate Values
The effect of this trend on residents and the community
A list of Foreclosure information and prevention resources will be available. The town hall meeting … (2 comments)
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Ben Kolkman Real Estate Author & REALTOR Southwest Minneapolis & Edina Minnesota
Minneapolis,
MN
More about me…
Results Support Services, Editor, Contributor, Blogger
Address: Minneapolis, MN
Office Phone: (612) 599-4161
Email Me
Ben Kolkman has been recognized by the local association of realtors and by local media as an expert in the Twin Cities real estate market. Ben leads discussion groups on marketing techniques for the Minneapolis Area Association of Realtors, Young Professionals Networking group. He was awarded the 2009 Super Agent award by Mpls St. Paul Magazine and Twin Cities Business. KSTP and WCCO have both featured Ben in their newscasts, and he is a regular contributor on the DIY Network "Sweat Equity" cable TV program.
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