New List in Fern Hill

Fern Hill for (Just Over) $200k!

Where: 2615 Monterey Ave. in Fern Hill
What: 2 BR/1 Bath stucco cottage just down the street from Cedar Lake
How (much): $209,900
When: on market 2 days (came on Monday)
Who: Ross Kaplan, agent; Edina Realty, broker

You won't find a more affordable single family home closer to Cedar Lake than this stucco cottage.

Highlights include a ton of charm and character (maple floors, custom moldings and mill work, clawfoot tub); all new windows; and an especially deep lot (140 feet) perfect for pets, gardening, or storing a kayak (or two!).

This home's perfect for a first-time Buyer, someone downsizing, or as a condo alternative.

I'll be there this Sunday from 2-4 p.m. for the first open house.

Or, please feel free to call me (612-925-7701) to set up a private showing.

What's Selling: East Edina

Demographics + New Construction + East Edina = Sold!

In a market where new construction is supposedly dead, and high net worth Buyers are thought to be licking their wounds, some developers are still finding strong demand for their product.

Case in point: 5420 Park Place in Edina.

Built "spec" (speculative, as in no upfront buyer) by a local boutique builder, Great Neighborhood Homes, this 4,000 FSF craftsman just sold --before it hit the market. List price: $1.5M.

What did it have going for it?

Multiple, overlapping selling points (see diagram):

--A location in coveted East Edina, on a large lot close to Minnehaha Creek
--New construction with quality finishes, classic design, and minimal maintenance
--A size (4 BR/4BA; 4,000 FSF) and floor plan that appeals to a wide range of Buyers, including families with small children as well as empty nesters interested in a condo alternative.

Build it right, in the right spot . . . and they'll (still) come.