Minneapolis Real Estate Blog - Kris Lindahl

The good news for Twin Cities home buyers looking for new construction is that the number of permits issued last month was on the rise. The bad news, however—the number of available new construction homes throughout the area is still low. 

According to new data from the Builders Association of the Twin Cities, 339 new permits were issued in February, which will combine to bring 717 residential units to the area, mostly consisting of single-family homes and luxury apartment residences. 

Compared to this time last year, that’s actually a 93% increase in permits issued, and an 18% increase in the number of units being planned overall. And in case you were wondering, 54% of those planned 717 units are multifamily or attached units, while the remaining

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Spring Landscaping TipsSpring is around the corner, which means it’s almost time to get outside and clean up your lawn after yet another cold winter and snowy season. 

Along with feeling better about your home and boosting its curb appeal, a beautiful landscape can also bump up you’re home’s value when it’s time to sell, or at the very least attract more buyers whenever you decide to put it on the market. So if you’re looking for ways to improve your home’s landscaping this summer but are working with a tight budget, here are a few quick tips for giving your front yard an affordable make-over: 

  • Check out Craigslist and other classified ad websites

Regardless of whether you’re looking for planters, gardening equipment, or other landscaping supplies,

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Minneapolis New Construction Homes For SaleAlthough new construction inventory around the Minneapolis area is tight right now, there seems to be a few extra opportunities near the airport to buy new than what you’ll find in just about any other location in town. 

Wedged in between Minnehaha Regional Park and Lake Nokomis is a quiet residential part of Minneapolis that’s perfect for just about any home buyer out there who might prefer somewhat of a suburban feel. The upside to this location outside of its laid-back ambiance and easy access to so many different outdoor recreational amenities, however, is that you’ll also be just a short drive away from the heart of the Downtown Minneapolis as well, truly giving residents the best of both worlds. 

For potential buyers who also already work at

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U.S. News & World Report is widely recognized as being a leading media outlet for consumer advice, rankings, and analysis, which is why its annual list of Best Places to Live in the United State is so highly anticipated. 

Earliest this month, the 2017 rankings were released, and although the Minneapolis-St. Paul area wasn’t quite as high up on the list as some might assume, it still scored high enough to just squeak inside the top 20, ahead of Madison, Grand Rapids, and Houston. 

According to their findings, Minneapolis-St. Paul, which ranked No. 17 overall, was specially recognized as being a top place to call home in 2017 for both its big city amenities and its charming Midwestern feel, which truly provides potential home buyers the best of both

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Although construction for The Legacy Lofts in Minneapolis hasn’t even started, units have now officially hit the MLS and are actively selling. Being developed by Shamrock Development, the Legacy Lofts project was initially proposed all the way back in February of last year and will eventually become the company’s 10th condo development in Downtown Minneapolis alone. 

Located at 1240 2nd Street South, the fabulous new Legacy Lofts development sits prominently in Minneapolis’ Mill District, just a short walk away from the newly built U.S. Bank Stadium. When finished, Legacy Lofts will stand 14 stories high and include 374 loft-style condos for sale, as well as space for 700 underground parking stalls. Currently, only a surface parking lot and the vacant

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Buying a Minneapolis CondoThere’s always a lot to think about when looking for a new place to live, but when it comes to buying a condo in Minneapolis, additional factors may come into play that aren’t necessarily associated with buying a detached single-family home. 

Historically, the condo market has been much more unpredictable than the market for a traditional single-family home, which is precisely why you need consider these important elements when conducting a search: 

  • What are the reserves of a building or complex? 

The last thing you want as a new condo owner is to face big special assessments. If the building needs a new roof or major updates to satisfy new codes and there’s no money available for these fixes, it’s on the owners to pay for whatever

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Despite new construction reaching its highest level since 2002, tightened inventory around the country is one of the biggest concerns facing the housing industry in 2017. From December of 2015 to December of 2016 there was about a 6.3% decline is active home listings on the market nationwide, which played a major role in the overall median sales price increasing to $232,200 at the end of last year. 

But even with mortgage rates jumping to over 4%, buying a home is still relatively affordable compared to years past. Additionally, despite inventory being low in just about every market, including around the Twin Cities, there are still plenty of great options listed for around $200,000. 

Featured below are active Minneapolis homes for sale between

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Minneapolis Short SalesNow that New Year’s Eve has officially arrived, many of us will begin looking back and reflecting on these past 12 months. But along with that, many of us will also start looking ahead to what 2017 might also have in store for us moving forward, and for some Minneapolis home owners, that might mean making a few tough decisions over the course of these next few months. 

If the end of 2016 didn’t necessarily go as planned and you’re having trouble paying your mortgage, selling your Minneapolis home as a short sale may be a step in the right direction. But before you decide to move in any direction, here’s what to consider before ultimately choosing to go the short sale route: 

First, a short sale will negatively impact your credit score. While it may

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728 N. Washington Mixed-Use Project MinneapolisDespite some resistance from nearby residents, the Minneapolis Heritage Preservation Commission approved a new mixed-use development in the North Loop that will feature office space, a parking garage, and 44 micro apartments that will offer around 400 square feet each. 

Being developed by United Properties, the new development will stand 10 stories high and wrap around a separate seven-level parking garage, which will all be built on what’s currently nothing more than a surface parking lot at 729 Washington Avenue and 728 N. Third Street. 

Ground-level retail space is also expected to be a part of the project, and as of this part fall, a rooftop deck for anybody living in the building has also been added to the final design. 

According to

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With Portland Tower offering the only new construction condo opportunities in Minneapolis right now, providing a bit more information about what it has to offer feels like a good idea since it’s essentially your only option if you happen to be in the market for a new condo right now. 

Finished back in 2015, Portland Tower stand 17 stories high, features 112 individual condo residences, and is positioned right in the heart of downtown Minneapolis’ East Town neighborhood—a community that’s widely considered one of the more desirable spots in all of downtown. 

Inside, living spaces are generous and feature a plethora of desirable finishes and features, including top-of-the-line kitchen appliances, custom cabinetry, granite countertops, maple flooring

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