This fall is sure to be a hit as the market continues to shine for home sellers. A shortage of entry level homes has made this a prime time for people to sell their homes but has forced buyers to have patience. In a Star Tribune article out in July titled, Twin Cities housing market still smiling on sellers, couldn’t be a better explanation of what we are seeing right now. This trend mainly focuses on homes at “entry level” prices while luxury homes have a larger supply. “The median sale price for June closings hit $271,900, up 5.7 percent from the same period a year ago.” said the Star Tribune article.
Looking at the fall market and what has been happening this summer I wanted to take the chance to share with you these 3 active listings from my sellers. Each featuring a different lifestyle and buyer attraction that I find interesting and exciting! These properties provide specific perks to different people; golf, socializing, relaxation, water views and city life. Plus, 2 more potential “entry level” properties coming up in the next month…1 featuring no-maintenance living and the other north woods vibes!
The first listing, 1880 Annika Dr Lake Elmo, is nothing short of amazing. Approachable luxury and lifestyle living in this custom TJB Home. Every year Midwest Home partners up with top Minnesota home builders to bring you the Luxury Home Tour. This year Malee Vang and I teamed up to present to you this beautiful new construction property that is now live on the market!
This 5 bed/5 bath home backs right up to the new Royal Golf Club with views of the rolling greens and serenity of the course. The entire home meets the needs of a luxury property while incorporating the low key lifestyle of the typical midwest family. We entertain but love informal gatherings to barbecue or grab a drink with the neighbors after a round of golf!
Offered at $1.49million; licensed with Engel & Völkers.
The next property epitomizes the Minnesota north woods lifestyle. 4 bed/4 baths, custom built in 2005 on a bluff overlooking the Rum River this 5 acre property is complete with walking trails and a camping area near the boat launch that is perfectly suited for families and nature lovers! A northwoods feel but only 10 miles to 2 large shopping areas, west to Elk River or South to Andover…Target, grocery stores, sit down and fast food restaurants, whatever you may need!
Not forgetting the inside, this home features an open concept floor plan with large windows overlooking the river, 3 fireplaces, a theater room and large garage with car lifts for the car fanatic in the family. Plus, 3 of the bedrooms feature private ensuite baths!
Last but not least, 3135 2nd Ave S Mpls, is a home that characterizes all of the historic pleasures of Minneapolis. On the historic “Healy Block”, this 3 bed/2 bath property offers city living + charm in that “entry level” price range that buyers are flocking to right now.
An updated kitchen blends perfectly with the original wood work and tons of natural light not often found in older homes. Close to uptown and plenty of coffee shops this home offers the city lifestyle that urban dwellers love. Like we talked about above, this one is going to go quick because of the central location, entry level price and updates!
Offered at $250,000; licensed with Engel & Völkers.
AND! 1 more came to fruition right before this post! 2 bed/3 bath townhome in Champlin live on the market next week. 2 car garage and approx 1600 sq ft! More info and photos to come, contact me if you are in the market for a place like this!
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