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Local Info in Edina : Real Estate Advice

  • All40
  • Local Info4
  • Home Buying8
  • Home Selling5
  • Market Conditions2

Activity 6
Wed Jun 29, 2016
Julian Lundgren answered:
Is this something you're looking for (click the link at the bottom)? Or do you want a list of specific homes that are selling in your neighborhood to see what price they're selling at and how quickly they're selling? If so, I can email you daily, weekly, monthly (how ever frequent you want) with homes that are selling in your neighborhood, so you can see the price and how quick they're selling for.
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Tue Mar 3, 2015
Brent Johnson answered:
The Edina crime report can be found here:
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Thu Jul 25, 2013
Dan Warnest answered:
MPLSSAM, Paul has the correct information at $3,913.54 for taxes payable in 2013. Mary, where are you getting your figures? It doesn't look like this home is currently for sale even, let alone has an offer. ... more
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Thu Apr 18, 2013
Cody Anderson answered:
I own a couple properties on the Hiawatha light rail in Minneapolis. Call me to discuss this rail project. I have plenty of details I can share.

Safe travels today!!

Cody Anderson, MN Licensed Realtor

Metropolitan Home Team

Phone: 612-242-5752
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Fri Jan 23, 2009
Kim Melin answered:
Hi Richard,

I noticed your posting. What a great house with wonderful space. An unusual one for the area! Yes it is in foreclosure....still in the redemption period. I do have some knowledge of this property, and would love to answer any questions for you! I do a lot of work in the East Edina area as I have lived in the area for almost ...... 19 years now! Give a call. Kim Melin Coldwell Banker Burnet 952-201-4758 ... more
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Thu Jan 3, 2008
Matt Fagioli answered:
Hi Mark,
Realtors always think in terms of resale and investment.
You really want to "invest" the appropriate amount of money so that the house will bring you the best possible return on your investment. You can always realize incremental savings on individual items, but your overall budget should be based on the calibre & price of the property "above grade"
I think it's important NOT to overbuild the basement (compared to the main floors "above grade")
For an extreme example, you shouldn't put a $75k basement into a $100k house!
At the same time, you don't want to skimp on important features -- a nice bathroom is at the top of that list.
I like to use a 10% rule: If you have a $250k house, $25k in the basement is appropriate. On a $750k house, a $75k basement is appropriate. Every dollar above that will have diminishing returns. So, just like swimming pools, you can add more but you probably won't get it back when you sell.
I also agree with the $30/foot "ballpark", but that varies widely from location to location. Plus, contractors are VERY hungry in certain markets right now and are often willing to work for much less.
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