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Real Estate Blog

  Plenty of our clients come to us in search of a classic old Minneapolis home, something loaded with historical details that newer homes simply don't have.  Some buyers are looking for that 'fixer upper' while others are looking for something more along the lines of a move in ready.  No matter the case, there is a certain amount of due diligence these types of homes require relative to the rest when making a purchase.  Below are the top 5 things we recommend every one of our clients get comfortable with from the start.

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1.  KNOW THAT AN OLD HOME NO MATTER WHAT THE CONDITION, IS GOING TO BE A WORK IN PROGRESS.

  One of the first things to consider when purchasing an older home is maintenance. Any home is going to have a list of items to

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The Minneapolis City Council has lifted the moratorium on teardowns and new construction. We believe this is a wise move for all involved. Under the lifted moratorium, property owners can once again tear down their old home and build a new one, thereby seeking to improve their property and its value. Minneapolis homeowners should have the right to do this as long as applicable codes are followed, in our opinion.

Neighborhood residents also benefit from increasing property values, because "a rising tide lifts all boats," as they say. Lastly, the City benefits from a higher tax base, so this appears to us to be a "win-win-win" for everyone.

Download an official copy of the Minneapolis Residential Construction Management Agreement to see new

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Famous Daves in Linden Hills is now closed for business

This is a new construction Minneapolis condo project going into the neighborhood of Linden Hills

  What was once a staple in the popular Linden Hills neighborhood of Minneapolis has now closed for good. 

  Last week, Jon Swenson, the owner of Famous Daves shut the small restaurant down and has plans to sell the land to local developer Mark Dwyer.  The site will wind up as a boutique condo project called Linden Crossing.  There will be 16 luxury Minneapolis condo units for sale ranging in price from the $600s to well over 1.5MM.  The first floor will feature 6000 square feet of commercial space with a handful of retail tenants similar to the fabric of the Linden Hills business community.

  So far, 9 of the 16 condos are under contract and pended.  Mark Dwyer says the construction

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Tips For Building A New Modern Home in Minneapolis

  If you are like most buyers out there right now thinking about making a purchase this year, the idea of a modern home in Minneapolis may have become part of your search criteria.  We have assembled 5 helpful tips for finding you future modern home.  Whether you are looking to build a new modern new home or simply want to purchase an existing modern home in Minneapolis.  It is important to think about these key points.

The foundamental cost component of a new construction urban home: the lot cost.

  Beginning to understand the new build process can seem tricky given all of the variables.  The impetus behind most buyers thinking about a new build is going through an open house or browsing

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Summer is finally here for owners in Minneapolis Lakes area homes and downtown Minneapolis condos.  For the few months that provide respectable grilling conditions outdoors below is a handy info graphic to review prior to getting into the swing of things.

Easy tips for grilling like a pro! (Infographic)! (Infographic)

Here's a helpful list of the correct equipment you will need to grill outside:

  • A gas or charcoal grill. You can use both, and each one has its advantages. Gas is easy to light, control, and clean. Charcoal is a lot more work, but it gives food a smokiness that gas can never imitate. If you use charcoal, you also need a starter: don't even think about lighter fluid! And of course, whatever grill you use, the grates should be reasonably clean and alway oil before use.
  • A pair of tongs.
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This is a person who just submitted an offer on a Minneapolis condo   The Minneapolis real estate market is rapidly changing.  We are nearly in the middle of 2013 with a supply of reale estate inventory at record lows across most of the twin cities market.  There are more Buyers out prowling the market than Sellers.  Good properties priced right will naturally draw multiple offers from this real estate market scenario.  Buyers looking for an edge need a seasoned realtor but also an edge to win out in multiple offers--here's our collection of sage advice.  

Submit a Large Earnest Money Deposit.

  Pending Minneapolis home sales have been known to fall apart.  Many Sellers are worried that once they commit to an offer, the winning buyers might back out of the transaction or default on the contract after all the other

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This couple is thinking about selling their Minneapolis condoHere in Minneapolis, there are a few thousand real estate agents who handle residential properties.  Some of these Minneapolis realtors work part-time, some of them full-time, some good, bad and in between. So how do you know which one to hire when you are thinking about selling your Minneapolis condo or Minneapolis home? And how do you know which agent  specializes in the market?  Depending on whether you live in the North Loop, around the lakes area, or somewhere in between? Here are a few tips to consider when choosing that right Minneapolis Realtor to list your home for sale:

  1. Don’t hire someone who is a close friend or family. I'll be brutally honest, (and this is #1 for a reason) you simply can’t mix business and friends/family. Your home is
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Updated Rules for FHA Loans for Minneapolis Lofts and Condos

    For a fleeting moment in 2011 and even into a good part of this year downtown Minneapolis condos and lofts was in question for a financing standpoint.  That's becuse so many building's FHA status was expiring. 

  This was forcing the homeowners association boards to resubmit updated highly detailed documentaion to FHA regarding the finances of their respective building.  One of the questions asked by FHA as part of the approval process involved the amount of renter to owner units in the building.  Another question referenced the amount of commerical to residential square footage of the building.  Still other questions asked about the balance sheet of the building along with the most

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During the boom of the market…

IVY Condos Minneapolis Nothing was going to stop the train of development that seemed never ending in downtown Minneapolis in the mid 2000s.  Across the skyline, cranes dotted the urban landscape.  They were a symbol to everyone that something was  happening on that given lot in the city.  

  Enter the IVY Hotel & Condos which began marketing during what some would consider the crest of the wave in Minneapolis urban development during the last decade.  

  Once the project was originally put on the market units were snapped up at record pace.  Rumor on the street was that in a matter of weeks 90% of the units were either reserved or under contract.  Construction on the tower began in earnest.  Then the correction started..

  Suddenly

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