There are a number of methods to measure the health and strength of the real estate market. A statistic that reflects on both supply and demand for homes that is an excellent summary of both of them in most area's is called the absorption rate or the saturation rate.As an example, below is chart from the Multiple Listing Service (pulled 3-1-23) This particular graph reflects the top 25% of price bracket homes ($575K+) in the SW Metro (All real estate is local!) and their corresponding saturation rates. As you can see, we are effectively looking at a mirror image of where we were a year ago. Limited supply, with consistent buyer demand. In simple terms, it is the length of time in any given market how long it would take for ALL the homes on the market to be SOLD to the buyers that are bu... 03/02/2023

It is 2023, and we are sledding downhill just as fast as gravity will let us!There is and will continue to be so much to cloud the mind as we look into the coming year for the real estate market. One thing to for sure mention is that national financial reports are rarely accurate and reflect what is happening in Minnesota. The 2023 predictions for the Twin Cities real estate market are far more positive than a number of metro area's around the US. So, my suggestion is to watch a little less "Bad News" TV, and explore the actual real, relevant, and local data before you make buying or selling decisions.From the greater financial world, their opinions of the MSP market are overall stable-ish at the worst. The most pessimistic (backed up with data) forecasting was from "data guru" Marco Sa... 01/11/2023

Christmas Light Tours are a wonderful FREE way for families to come together and build memories. There are over 100 families homes and business's that are listed and mapped in the Eden Prairie, Chanhassen, Bloomington area!  Click here for the maps and more info!  12/16/2022

This Spring 2021 market is the strongest seller-driven market.Homes in fair condition (and reasonably priced), are typically receiving:-Multiple Offers (in some cases 15 - 20 offers) (that is not a typo...there are just so few homes on the market for buyers to choose from, especially in the mid and lower price ranges.) -"Appraisal Gap" Coverage in Cash-Most homes selling 6-12% over list price-Increased Earnest Money-Seller Dictating Extended Closing Dates-Waived or Reduced Buyer InspectionsThis has become the "new normal", at least with the the current market cycle...as the forecast below suggests, it appears that this year will likely set another record with historically low interest rates, number of homes sold, and record high prices. CLICK HERE FOR THE FULL REPORT  03/20/2021

  (Arboretum AppleHouse in Victoria on Rolling Acres Rd)Arboretum AppleHouse & Fall Parade of Homes  If you are looking for a fun fall outing to catch some fresh air this weekend, stop by the Arboretum AppleHouse in Victoria! (There is no cost for entry or parking) Weekends thru Halloween will have North Star Donuts selling hot, mini apple donuts, hot apple cider and cider slushies outside and you can buy fresh apples picked from the Arboretum inside the AppleHouse (mask required).  The Fall Parade of Homes kicked off on Saturday and runs thru Oct 4. They do have a number of homes with virtual tours if you prefer to browse at home, which you can access HERE  Looking for the highest Yelp! ranked Realtor in Eden Prairie area?Call/Text Stieg at 612-490-2121Please hit reply with any questi... 09/17/2020

Chanhassen Real Estate - Spring 2020 OutlookFollow Market Trends - Consider the Possibilities - Make Great Decisions Chanhassen is STILL one of the Top 5 Places to Live (as ranked by Money Magazine) and home values reflect that. Looking at the month of January over the last few years, Chanhassen home values have seen fantastic appreciation with a 20.3% increase in median home prices since January 2016.  Homes on the market in Chanhassen are currently receiving 98.9% of list price, indicating strong offers from buyers. Chanhassen average home sales price is up 13.7% since January 2018!  Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates, we expect early 2020 in Chanhassen to be a VERY strong sellers market, and an excellent time to buy as well! S... 01/13/2020

Looking for a great, tasty meal in Chanhassen? Here is a list of the Top 5 Yelp! Reviewed Restaurants in Chanhassen. (minimum 50 reviews) 1. North Coop (50+ reviews) - Southern inspired restaurant featuring a full bar, dog friendly patio and large screen TV's. 2. Jungle Kitchen (115+ reviews) - Relaxed storefront eatery serving a mix of Chinese, Thai, Vietnamese & Cambodian dishes. 3. Na's Thai Cafe (140+ reviews) - Informal Thai restaurant with a lunch buffet serving traditional curries, noodles & stir-fries.4. Kai's Sushi & Grill (120+ reviews) - Japanese eatery serving classic & modern sushi, plus hibachi grilled dishes, in a sleek, modern space. 5. Rey Azteca - (80+ reviews) Family friendly eatery serving familiar Mexican fare in a colorful space with festive touches.  See all Homes... 08/19/2019

What is My Chanhassen Minnesota House Worth?Price your home right with Kevin Dimmel – RealtorWeichert, Realtors AdvantageOnline home value estimates are only accurate within 10-20 percent. And many are off by much more than that.Get a complimentary, on-site Price Trend AnalysisWeichert has developed an innovative financial tool to measure current price trends and predict future ones.Kevin Dimmel a highly trained and knowledgeable real estate professional – will masterfully perform this in-depth consultation, going far beyond typical evaluations.Kevin will assess your home’s special features and amenities, unique property and specific location, and will factor them into our exclusive analysis to determine a more accurate selling price.No online home value estimator can do that.Chanhassen... 08/05/2019

  Chanhassen is STILL one of the Top 5 Places to Live (as ranked by Money Magazine) and home values reflect that. Chanhassen homes values have seen historic appreciation over the last few years with a 17% increase in median home prices since 2016.  Homes on the market in Chanhassen are currently receiving 100% of list price, indicating strong offers from buyers. Chanhassen home sale price are up an incredible 18.9% on average since March 2018!     Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates, we expect summer 2019 in Chanhassen to be a VERY strong sellers market, and an excellent time to buy as well!   See all homes for Sale in Chanhassen       See all homes for Sale in Chanhassen      Post sponsored by Top Ranked Yelp! Agent - Stieg Strand 06/20/2019

What is My Chanhassen Minnesota House Worth?Price your home right with Kevin Dimmel – Realtor Weichert, Realtors AdvantageOnline home value estimates are only accurate within 10-20 percent. And many are off by much more than that.Get a complimentary, on-site Price Trend AnalysisWeichert has developed an innovative financial tool to measure current price trends and predict future ones.Kevin Dimmel a highly trained and knowledgeable real estate professional – will masterfully perform this in-depth consultation, going far beyond typical evaluations.Kevin will assess your home’s special features and amenities, unique property and specific location, and will factor them into our exclusive analysis to determine a more accurate selling price.No online home value estimator can do that.Chanhasse... 06/15/2019

Chanhassen has been voted as one of the best places to live in America, has fantastic parks, trails and features the gorgeous Arboretum. Other notable destinations in Chanhassen include Paisley Park and the Chanhassen Dinner Theatres. Chanhassen also has great neighborhood beaches and larger beaches at the parks. Here are 3 beaches to check out this summer in Chanhassen:1. Roundhouse Park (and Beach) on Lake Minnewashta - this is an 8-acre park that has a beach on Lake Minnewashta, and across the street is the park with large playground, pickleball courts, and more!2. Carver Beach on Lotus Lake - this is a 6-acre park that runs along the northwest shoreline of Lotus Lake. It has two swimming beaches, fishing dock, small playground and trails. 3. Lake Ann Park (and Beach) - this is a 102... 05/30/2019

Chanhassen has been voted as one of the best places to live in America, has fantastic parks, trails and features the gorgeous Arboretum. Other notable destinations in Chanhassen include Paisley Park and the Chanhassen Dinner Theatres. After a busy summer day exploring in Chanhassen, come back home to your backyard oasis and cool off in the pool!Below are are a few tips and things to be aware of as you consider buying a home with a pool:1.  How much maintenance is required? On average, about one hour of time and approx $100 per month (to cover unexpected repairs, parts, accessories and pool chemicals. (Ususally around $500 - $1,000 total per year) according to America's #1 Direct Source Pool Supplier.2. Ask if the owner has a "pool binder" with detailed, accurate, and regularly mainted r... 04/30/2019

 Chanhassen is STILL one of the Top 5 Places to Live (as ranked by Money Magazine) and home values reflect that. Chanhassen homes values have seen historic appreciation over the last few years with a 13.5% increase in median home prices since 2016. Homes on the market in Chanhassen are currently receiving 99.0% of list price, indicating strong offers from buyers. Chanhassen home sale price are up an incredible 18.5% on average since January!MORE STRONG TRENDS: We have seen an increase of 32.5% in pending sales since January and trending upwards, which is likely due to the increased foot traffic and buyers eager to get out and see homes to buy. Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates, we expect summer 2019 in Chanhassen to be a VERY st... 04/22/2019

   The City of Chanhassen is a great community about 30 minutes southwest of downtown Minneapolis, and was ranked as the #4 Best Place to Live by CNN Money Magazine. It is a fun, family-friendly city and has activities throughout the year to enjoy with your kids! Visit some of these family favorite spots in Chanhassen:1. Summer Beach Favorites - Lake Ann Park and for a smaller, tucked away neighborhood beach check out Carver Beach on Lotus Lake.2. Take the family for a trip to the Minnesota Landscape Arboretum! This is also a great place to showcase Minnesota to family and friends who come to visit.3. Lake Minnewashta Regional Park - this is a fantastic park that has multiple playgrounds, beaches, swimming, has a dog park, and is a great place for a family picnic or day at the lake!See ... 04/05/2019

Chanhassen, Minnesota is a fantastic dog-friendly community and a great place to spend quality time with your pets! Take advantage of the trails at the Minnesota Landscape Arboretum or the off-leash trails at the Lake Minnewashta Dog Park, which was also highlighted by Mpls St Paul Magazine. In the fall, be sure to participate with your pup in the “Fall About Dogs” 5K dog-friendly race! See homes currently for sale in Chanhassen See homes currently for sale in Chanhassen 02/04/2019

 Chanhassen, Minnesota is not only the home of Prince's studio Paisley Park and the world famous "Hollywood Star" producing Chanhassen Dinner Theater, it is also the home of about 25,000 people and ranked a number of times as a top place to live in the United States according to Time/Money Magazine CLICK HERE to see a current list of the "maintenace free" townhomes available for sale in Chanhassen right now. For more information:  Contact Top Ranked AgentStieg Strand,RE/MAX Results612.490.2121    10/18/2018

The Liberty on Bluff Creek Townhomes are a large development of beautiful newer construction townhomes, built by K Hovnanian Builders, conveniently located a few blocks south of Chanhassen High School and a few blocks north of Pioneer Ridge Middle School Liberty at Bluff Creek is located less than one mile from Highway 212, and is just a few minutes away from quaint downtown Chanhassen, MN Click Here to see Liberty and other Chanhassen Townhomes available        Click Here to see Liberty and other Chanhassen Townhomes available 10/11/2018

5 Bedrooms, 4 Bathrooms, and over 4,300 finished square feetStately Colonial in the high demand Lake Susan Hills neighborhood with Lake Susan views. Largest Master Suite (30 x14) under $1M homes available in area! Modernized kitchen with new lighting, countertops & appliances and Center Island. (Two gas burning fireplaces) Hrdwood floors & walk-in pantry. Formal Main floor office off entry foyer with dramatic two stories! The walkout lower level lots of windows and a high ceiling, radiant heating in floors, bedroom, and huge recreation area for teenagers. See Virtual Tour and Pics for 8536 Drake Court, Chanhassen   Contact Stieg Strand with RE/MAX ResultsTop Ranked in Chanhassen!   SEARCH FOR ALL HOMES NOW 24 Hours a Day, 7 Days a week HERE   04/06/2018

Cleaning and more cleaning and make sure your home smells clean! (Almost as important) Consider an initial "pre-list" professional cleaner coming in for your floors and carpets, as it sets the "condition" bar for your highest buyer interest. More econo: Wiping down all your walls, shelves, trim, doors, and cabinets with frequently refreshed warm water and a little vinegar is a classic and inexpensive technique. (You can even swish around a little bit of Lysol/Pine Sol in water in the toilet or a little lemon grinding in the garbage disposal before showings or Open Houses)  Remove clutter on the floors, even the floors of the closets. Clutter will make a room appear to be smaller than it really is. Buy some totes and use them. Well worth the money. Straighten bookcases and dust around a... 04/03/2018

Heidi Herda, Keller Williams Sells Another Home, First-Time Home BuyerSearch all Homes for Sale ChanhassenWhat an awesome opportunity to help another Chanhassen first time home buyer! It was a pleasure to assist this homebuyer in the purchase of their first home! In any seller's market, it is not uncommon to be in a multiple offer scenarios when you go to submit an offer on a property.This Chanhassen home had 3 other offers competing. We were able to beat out the competition on this one and secured an accepted purchase agreement.Multiple offers is where more than one buyer is presenting their offer to a seller. This can really be any amount of offers even 10 or more on a really hot property. The situation is typically handled by the seller giving all qualified buyer's the opportunity to... 04/03/2018