shakopee real estate: New Construction Report- Shakopee, MN - 02/28/11 03:17 AM
Current Shakopee MLS inventory is sitting at 304 homes active in the Shakopee real estate market. of the 304 Shakopee homes for sale many are short sales and shakopee foreclosures. An article I wrote the other day tagged 44% of ALL Shakopee Homes for sale as being a short sale or foreclosure per Shakopee MLS stats. What also surprised me a bit was the number of new construction homes for sale so I wanted to break down those numbers for you.
41 homes in Shakopee are considered new construction are either  model homes, spec homes, to be built homes, Shakopee homes … (0 comments)

shakopee real estate: Shakopee Real Estate Agent | Re/Max Advantage Plus | Tom Scott - 02/22/11 05:06 PM
Tom Scott of Re/max Advantage Plus specializes in residential MN real estate sales & consulting in the Minneapolis, St. Paul & surrounding suburbs. His primary focus is on the Shakopee real estate, Savage real estate and Prior Lake real estate markets. Concentration in single family homes, townhomes, condos, hobby farms and  land sales.
Tom was raised in Shakopee and currently resides there with his wife, an elementary school teacher, and two sons. He lived in Savage for five years and has extensive knowledge of all the homes for sale, schools and local community happenings.
-Graduated Gustavus Adolphus College 2003 – BA … (0 comments)

shakopee real estate: Bank Owned Homes (Shadow Inventory) - 02/21/11 10:33 AM
It looks like we will be having quite a few more foreclosures coming on the market over the next few years in the Shakopee real estate market. What banks and MN realtors are calling “shadow inventory” of bank owned properties are those homes that are in the midst of foreclosure and are at some point of the foreclosure process. With the amount of current homeowners currently late on payments and in default it will take nearly three years to clear at the current sales rate, according to a report from the credit rating agency Standard & Poor’s.
It has been said … (2 comments)

shakopee real estate: DON'T buy MN real estate...unless you want to pay more - 02/21/11 10:24 AM
Many buyers searching the MLS  have been sitting and waiting for home prices to hit bottom. The problem with theat theroy is we ultimately will not know what are at the bottom, until we are on our way back up. Minnesota buyers looking to purchase their first home in Shakopee, or possibly their next home want to try guarantee that they are purchasing at the best possible price. I do believe that prices still have some room to fall in the Shakopee real estate market due to the overwhelming foreclosure numbers you see in our current real estate marketplace. I do however, disagree … (2 comments)

shakopee real estate: WHY ARE ACTIVE HOMES SHOWING ON MN MLS AS SOLD? - 02/21/11 10:20 AM
Do you wonder why homes in Shakopee that are sold show up on many real estate agents websites? There can be many reasons a home in Shakopee can show up this way. A few reasons are homes are sold subject to an inspection, sold subject to another home selling, or the most likely reason in todays Shakopee real estate market, sold subject to third party approval. Shakopee realtors are able to still show these homes as active because technically they could accept another offer, although that offer would be subject to a cancellation of the first offer. The first two reasons … (0 comments)

shakopee real estate: Quality Built Shakopee Townhome - 02/11/11 03:48 PM
Unfinished lower level w/3rd bath rough in. End unit townhome. Like new carpet, new laminate floors in kitchen & dining room. New ceramic bath,quality cabinets w/dovetailed drawers.Huge bedrooms,lots of storage & potential 3rd Bed or family room in lower level. Seller will pay 1 year assn dues.
Not a short sale or foreclosure. Home is assessed at $135,800 for 2010. Easy to show & shows well. Non smoker and no pets. FHA approved development. Garage #3. Local quality builder. Buyer and agent to verify measurements.
1411 10th Avenue E , Shakopee, MN 55379 $115,000


shakopee real estate: Charming Stucco w/ Many Updates & Three Garage Spaces - 02/11/11 03:38 PM
This is a solid one and a half story and we need an offer soon. Short sale agent with CDPE. New windows, three garage stalls, huge porch, laminate in dining and living room. Freshly painted, paver patio, updated lighting, custom backsplash, firepit and more! Prime piece of Shakopee real estate.
611 7th Avenue W , Shakopee, MN 55379 $145,000


shakopee real estate: Two Story Short Sale in Shakopee, MN - 02/11/11 03:32 PM

Short Sale - 2 banks. Citi 1st, Interbank 2nd. Sheriff sale has not taken place. Experienced Short Sale agent. CDPE and SSFS. Will give weekly updates to buyer agent. Buyers agent to verify w/ city potential of 3rd garage stall being added and verify msmnts.
6792 Greenbriar Curve , Shakopee, MN 55379 $220,000


shakopee real estate: Shakopee Townhome Update - 02/07/11 09:36 AM
There are many townhomes in the Shakopee real estate market. Of the 301 current active listings 126 are townhomes, twinhomes or condos which represent almost 42% of the current market inventory. The Shakopee real estate townhome market is very affordable now compared to past markets especially after seeing values drop significantlyover the past few years. Currently of the 126 active Shakopee townhomes, the average sales price if hoovering just over $129,000 for a 2+ bedroom 2 1/2 bath townhome built in 2001 with over 1550sqft. 4-5 years ago these Shakopee townhomes would have sold in the $190's.   If you are searching for a home you need a … (0 comments)

shakopee real estate: Shakopee School Update - 01/28/11 10:15 AM
In reference to a previous blog post I had about Shakopee schools, it sounds as though the Shakopee school board will have some tough decisions ahead of them. I think the most crucial topic currently on the table before next school year is configuring the grade levels. They will need to decide on a Kindergarten center, 6th grade center or some other option I imagine sometime in the near future as teacher will need to be relocated and settled with the new elementary school set to open for the 2011-2012 school year.
In regards to the possibility of a new high school in … (0 comments)

shakopee real estate: STOP before you buy a MN townhome!!!! - 01/27/11 05:31 PM
Don't panic!!! MN townhomes can be great, I lived in one for five years and loved it. With almost 10 years of experience now and seeing a more depressed real estate market than in the past, competition is tough. The Shakopee Real Estate market has a large inventory of quality townhomes ripe for the picking. I walked into one MN townhome last week that was PERFECT for $95,000, built in 2006!!! Now most first time buyers tend to lean towards townhomes rather than single family for a few reasons. 1) they don't want to do yard work 2) they don't want … (0 comments)

shakopee real estate: Valley Creek Crossing- Shakopee New Construction - 01/25/11 05:44 PM
Your home search has started and you are thinking of building in Shakopee? One quality neighborhood that come to mind is Valley Creek Crossing in Shakopee. If you are looking for centrally located Shakopee real estate, close to schools, park, grocery stores and restaurants, this is a great location. The neighborhood has a neighborhood park on Evergreen Lane, a creek that runs through the development, sidewalks and a good mix of homes ranging from two story homes, ramblers and modified two stories. 
Valley Creek Crossing is just South of Highway 169 where Marschall Rd and CR 78 meet, next to Marschall Farm. … (0 comments)

shakopee real estate: Shakopee Real Estate, Savage Real Estate and Prior Lake Real Estate - RMLS Market Update - 01/25/11 07:41 AM
According to the Regional Minnesota MLS as of January 25th, 2011 there are 731 single family homes, town homes, condos and twin homes for sale in the Shakopee, Savage and Prior Lake MLS areas. When breaking down the numbers 463 of those are single family listing and 268 town homes, twin homes and/or condos. One frustrating statistic to a home buyer search for MN homes for sale is the number of homes that show as active and are actually sold. Take about wasting someone’s time; agents need to do a better job to update the listings on the MLS. 72 homes … (0 comments)

shakopee real estate: Shakopee Entertainment Sector to Continue to Expand - 01/24/11 10:37 AM
Shakopee is back at it and adding to the entertainment hub they are known for in the southern part of the Twin Cities. Currently Shakopee real estate is home to many venues including Canterbury Park, Valleyfair, Murphy's Landing. Owner of Dangerfield Gus Khwice and Michael Orensteen owner of MinneHaHa in Burnsville, is planning to move the comedy club to the lower level of Mr. Khwice Dangerfield's restaurant in Shakopee. Dangerfield's has the food to bring people in for a nice dinner and a 90 minute show. An article from the Shakopee Valley News states, "For $25, people can watch a 90-minute show … (0 comments)

shakopee real estate: Shakopee Moving List - 01/23/11 06:23 PM

Staying organized can be the difference between a smooth move and having box upon box cluttering your home, waiting to be unpacked for weeks or even months! Some helpful tips are using boxes of the same size, breaking out the label maker or sharpie marker so you can best label what is in each box, and  make sure to pad all your fragile items carefully. There can be a method to your madness. Also remember packing a small bag with your must need items like money, snacks, toothbrush, deodorant and toilet paper. Below is a quick checklist that can help make the … (1 comments)

shakopee real estate: Why "The Bachelor" and Real Estate are Indentical Twins - 01/23/11 06:08 PM
When searching for homes, we have an affinity to search the Minnesota MLS or maybe we look into narrowing our search to a specific area such as Shakopee Real Estate or other surrounding suburbs. However, as we break down our home search we still are obsessive, just like those who watch the series The Bachelor. We inconvenience ourselves and rearrange schedules for fear of missing a drama filled episode, just as we stress and comb over the Minneapolis MLS not to miss out on the perfect home. As odd of a “Real Estate” topic this may be, it does have many similarities to the popular reality … (2 comments)

Tom Scott, Re/Max MN Realtors and Real Estate Agent (Remax Advantage Plus)

Tom Scott

Re/Max MN Realtors and Real Estate Agent

Shakopee, MN

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Address: Twin City Real Estate Team, 1228 East Vierling Drive, Shakopee, MN, 55379

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Looking for Re/Max MN Realtors? Tom Scott of Re/Max Advantage Plus and the team leader for the Twin City Real Estate Team shares his knowledge about the local market and all homes for sale in Minnesota. Make sure to visit our website



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