CM Appraisals

FEBRUARY 17, 2016

February 16, 2016 By Ryan Lundquist The other day a home owner was upset because he thought his appraisal came in too low. Yes, he was hung up on price per sq ft, which was a big issue, but most of all he believed the home should have been worth way more since there were almost no other homes listed for sale on the market. His thought was, “There’s no inventory, so I’m going to command top dollar.” After all, isn’t real estate about supply and demand?

Marketing 78

Marketing Inventory Real Estate Appraisal 78

Anthem Valuation

FEBRUARY 25, 2016

Families are looking for more functionality in their homes along with durability. [link] age materials in residential housing construction emphasis durability and modern design. The post A Modern Home on Lake Minnetonka appeared first on Anthem Valuation Blog.

Modernization 60

Modernization Valuation Design Construction 60

Zillow

FEBRUARY 8, 2016

Why do some homes sell for a premium? Timing, for starters. An analysis of 24,000 home sales in “ Zillow Talk: Rewriting the Rules of Real Estate ” also reveals listings with certain keywords tend to sell for more than expected. “Bottom-tier homes described as luxurious tend to beat their expected sale price by a whopping 8.2 percent,” write co-authors Spencer Rascoff and Stan Humphries. “Top-tier homes described as captivating tend to beat theirs by 6.5 percent.

Buyers 36

Buyers Home Value Real Estate 36

Anthem Valuation

FEBRUARY 11, 2016

The two suburbs of Edina and St Louis Park while bordering each other have very different landscapes in terms of the likelihood of a home being torn down and rebuilt. Edina’s premier school district is likely the biggest driving factor in the decision for young families to build in Edina. [link]. The post How Edina and St Louis Park Are Changing in Different Ways appeared first on Anthem Valuation Blog.

Valuation 60

Valuation 60

Anthem Valuation

FEBRUARY 1, 2016

Planned amusement theme park and water park to open in 2017. The job growth this project will create will likely drive demand for housing in the NW metro for years to come. Historically, employment and access to employment are primary drivers in locational appeal of residential real estate. [link]. The post New Development Coming to NW Metro appeared first on Anthem Valuation Blog.

Development 60

Development Valuation Real Estate 60