Our Twin Cities Real Estate Blog

Jan. 22, 2018

Just Listed: 15775 Juniper Ridge Drive NW, Ramsey, MN 55303

Active | $674,900
Beautiful Victorian Home set on a Resort Style Property with Rum River Frontage
6 beds | 5 baths | 3 car garage | 7,600+ sq ft | 1.3 acres | 300+ ft of river frontage

Business Journal Article  |  View the MLS Listing

This is a rare opportunity to own a beautiful, Victorian home on a maturely wooded, private acreage lot with 300+ feet of professionally stabilized frontage on the Rum River. The property is offered by the original owner who has maintained it well. The home is massive, charming, bright and open, featuring a 2-story glass atrium that brings you sun year-round. The landscape features patios, porches, decks, an in-ground pool and a dock for boating. See the virtual tour for a full aerial video.

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To arrange a private showing for this listing, email or call the Nick Leyendecker Team with Coldwell Banker Burnet today, at 612-888-HOME (4663).

Jan. 17, 2018

Just Listed: 14900 Copperfield Place, Minnetonka, MN 55391

Active | $549,900
Updated Two-Story on a 1/2 Acre Lot in the Coveted Copperfield Neighborhood
4 Beds | 4 Baths | 3,500+ Sq Ft | 2 Car Garage | .52 Acres

Business Journal Article | View the MLS Listing

This updated 2-story sits on a maturely wooded, 1/2 acre lot in the coveted Copperfield neighborhood. The main floor is open with refinished wood floors, walls, trim, lighting, cabinets, granite, fireplace and walks out to a brand new screened in deck and a fully fenced backyard. All four bedrooms are up including a huge master suite with luxurious bath including a double vanity, jetted tub, marble tile and a beautiful walk-in shower. The lower level is set up as an open family room with 3/4 bath.

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To arrange a private showing for this listing, email or call the Nick Leyendecker Team with Coldwell Banker Burnet today, at 612-888-HOME (4663).

Jan. 16, 2018

Just Listed: 9665 Jonathan Lane, Eden Prairie, MN 55347

Active | $584,900
Updated, Walkout Two-Story with Private Backyard Views
4 Beds | 4 Baths | 4,400 Sq Ft | 3 Car Garage

View the MLS Listing

This beautiful walkout two-story has been completely updated with modern finishes. The home sits on the perfect walkout lot, overlooking a pond with mature trees in a great neighborhood. The main level has a grand entrance with vaulted ceilings flowing into a bright, open floor plan and walks out to the deck. The lower level is excellent for entertaining and walks out to the backyard. Updates include fresh paint, trim, flooring, furnace, AC, completely renovated master bath, kitchen and more.

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View our Gallery of SOLD Properties

To arrange a private showing for this listing, email or call the Nick Leyendecker Team with Coldwell Banker Burnet today, at 612-888-HOME (4663).

Jan. 11, 2018

Coming Soon: 5406 Abbott Place, Edina, MN 55410

Coming Soon | $1,499,000
Walk to 50th and France from this 2014 re-build with high end design and finishes!
5 Beds | 5 Baths | 5,000+ Sq Ft | 2 Car Garage | Fully Fenced | Patio

Walk to 50th and France or Lake Harriet from this charming, luxurious Cape Cod located in a prime, East Edina neighborhood with minimal through traffic. The home was completely re-built in 2014 with spacious design, high end finishes, and an open floor plan. Features include a massive gourmet kitchen, a luxury owner's suite, all bedrooms connected to a bathroom, a spacious lower level bar and family room, new landscaping, a finished and heated garage, a fenced backyard with patio and much more.

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View our Gallery of SOLD Properties

To arrange a private showing for this listing, email or call the Nick Leyendecker Team with Coldwell Banker Burnet today, at 612-888-HOME (4663).

Dec. 12, 2017

Twin Cities Housing Market: November - 2017

Despite slow winter sales volume, inventory fell to a new low during November.

The single family home market continued to move in a predictable direction in November in what appears to be the continuation of a 7 year, cyclical trend and I’ll break that down for you.

I’ll start with pending sales which represent the active sales volume. In the Twin Cities we had 4,032 sales pend in November which is down 16% month over month which is expected during this time of year, but that’s up 14% from November of 2012.

Next I’ll look at new listings which represent the active rate of supply. We had 3,544 new homes hit the market in November, that’s down 18%, month over month which is also expected during this time of year, and down 15% from November of 2012.

The next statistic is probably the most notable because it has been the back bone of this 7 year bull market for housing prices and that is the current supply of single family homes for sale. Despite slow winter sales, single family inventory in the Twin Cities fell to a new low of 9,009 homes for sale in November. With inventory still falling, I do expect that we’ll set an even lower record for inventory in December. Barring a major economic shift, the low inventory to start 2018 will set the stage for another strong move up for home prices in the spring.

Median prices in November remained predictably flat at $245,000 which is up 6.5% year over year and up 42% from 2012.

If you have considered putting your home on the market, I invite you to check out our free home value report, which will give you an estimated range of what your home could sell for in today's market.

If you have entertained the idea of purchasing property, now is a great time to start monitoring the market through our accurate and up to date MLS site. Click here to set up your property search, today!

As always, please don't hesitate to call us at 952-222-SOLD (7653) to discuss your particular real estate situation or to set up a free consultation.

By Nick Leyendecker | Realtor® with Coldwell Banker Burnet

Posted in Market Analysis
Nov. 27, 2017

REAL Trends Ranks Nick Leyendecker #25 in Minnesota

FOR IMMEDIATE RELEASE

Contact: Doniece Welch | dwelch@realtrends.com | 303-741-1000

Nick Leyendecker of Coldwell Banker Burnet in Wayzata was named one of America’s most productive sales associates as a part of REAL Trends America’s Best Real Estate Agents, the newly issued ranking report produced by REAL Trends and sponsored by Zillow Group.  He is now a member of the “America’s Best Real Estate Agents,” and ranked number 25 for 2016 sold units in the state of Minnesota.

REAL Trends America’s Best Real Estate Agents ranks over 12,600 residential real estate professionals solely based on their excellence in real estate sales during calendar year 2016. All production numbers are independently verified by a third-party in order to ensure accuracy and report integrity. “This group of highly successful real estate sales agents represents less than 1 percent of all real estate practitioners in the United States,” says Steve Murray, publisher of REAL Trends America’s Best Real Estate Agents and president of REAL Trends.

To qualify for inclusion, an individual agent must have closed at least 50 transaction sides or $20 million in sales volume in 2016. For real estate agent teams, the minimum is 75 transaction sides or $30 million in closed sales volume. The individuals ranked in America’s Best Real Estate Agents had an average of 73 transaction sides and an average sales volume of almost $37 million. Teams ranked in America’s Best Real Estate Agents had an average of 144 transaction sides and an average sales volume of almost $61 million. This ensures that only the best of the best are included on the prestigious list.

“The average residential real estate agent in the United States closed 8.6 transactions in 2016 and had less than $1.3 million in sales,” said Murray. “To say that Nick is an exceptional sales professional is an understatement. To attain this level of sales is truly outstanding.”

“We are also pleased that two of the nation’s most prominent online real estate websites, Trulia® and Zillow®, have partnered with REAL Trends to bring a superior level of customer exposure of these sales agents’ performance,” Murray added.

“I am obviously pleased and honored to be ranked on this ranking of the country’s top residential real estate agents,” said Nick. “It represents the time and effort that we put into each customer that we serve and how much work it takes to build a successful real estate business. The level of sales it takes to qualify makes it a truly special recognition.”

Information on those receiving this recognition can be found online at http://www.americasbestre.com.

ABOUT REAL TRENDS
REAL Trends is a privately-held, Colorado-based publishing, consulting and communications company specializing in the residential brokerage and housing industries. Recognized as the leading source of trends in the industry, REAL Trends, The Trusted Source, also publishes the REAL Trends The Thousand, as advertised in The Wall Street Journal and the REAL Trends 500, which ranks the top brokerage firms in the United States. Visit REAL Trends at www.realtrends.com.

Zillow is a registered trademark of Zillow, Inc. Trulia is a registered trademark of Trulia, LLC. These marks are used with permission.

- END -

Nov. 16, 2017

Just SOLD: 4543 Perry Avenue N, Robbinsdale, MN 55422

SOLD | $255,000
Updated and Turn-Key Home on a Nicely Landscaped, Private Lot
4 Beds | 2 Baths | 2,200+ Sq Ft | 2 Car Garage | .16 Acres

This property was sold and closed at $255,000, 102% of list price, on 11-16-2017.

View the MLS Listing

This newly updated and turn-key home sits on a charming lot with a nicely landscaped and fully fenced, private backyard. The main level welcomes an abundance of natural light with a wall of windows in the family room looking out to the yard. Updates include restored hardwood floors, new luxury tile in the family room, fresh paint throughout, brand new lower level carpeting, a radon mitigation system, newer windows and appliances, in-ground irrigation system and a maintenance free deck and shed.

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View our Gallery of SOLD Properties

For a free equity analysis for your current home, email or call the Nick Leyendecker Team with Coldwell Banker Burnet, today at 952-222-SOLD (7653).

Posted in JUST SOLD
Nov. 14, 2017

Twin Cities Housing Market: October - 2017

In the micro, the Twin Cities housing market has been softening since the end of June in a predictable, seasonal cycle.

Click here to view the live, raw data.

In the macro, we remain in the midst of one of the longest lasting and most aggressive bull markets for housing, in U.S. history.

All bull market cycles eventually come to an end, but with inventory levels continuing to fall, the fed funds rate still artificially suppressed (1.16% as of today) and with Fannie and Freddie still loaded up with excess capital from QE, there is no evidence to suggest that this boom will be ending anytime in the near future. If the bullish macro trend continues, the stage is set for new record housing prices next spring.

If you have considered putting your home on the market, I invite you to check out our free home value report, which will give you an estimated range of what your home could sell for in today's market.

If you have entertained the idea of purchasing property, now is a great time to start monitoring the market through our accurate and up to date MLS site. Click here to set up your property search, today!

As always, please don't hesitate to call us at 952-222-SOLD (7653) to discuss your particular real estate situation or to set up a free consultation.

By Nick Leyendecker | Realtor® with Coldwell Banker Burnet

Posted in Market Analysis
Oct. 27, 2017

Just SOLD: 12289 48th Circle NE, Saint Michael, MN 55376

SOLD | $263,000
Updated Home in Great Area | 4 beds | 2 baths | 3 car garage | 1,800+ sq ft

This property was sold and closed at $263,000, 101% of list price, on 10-27-2017.

View the MLS Listing

Well Maintained, Updated Home in Great Neighborhood
This well maintained home has many updates and is located in a quiet neighborhood. The main floor is open and bright with a sliding door that leads to a deck, new stone accent wall, newer appliances, soft close center island drawers, custom lighting and dimmers, custom oak doors and new kitchen counters. The yard is large with a seating and fire pit area, well maintained landscaping, and flower gardens. The lower level has a gas fireplace and master suite with a full bathroom and walk-in closet.

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View our Gallery of SOLD Properties

For a free equity analysis for your current home, email or call the Nick Leyendecker Team with Coldwell Banker Burnet, today at 952-222-SOLD (7653).

Posted in JUST SOLD
Oct. 27, 2017

Just SOLD: 2820 123rd Avenue NW, Coon Rapids, MN 55433

SOLD | $220,000
Charming and Updated Modern Style Home
3 Beds | 2 Baths | 1,600+ Sq Ft | 1 Car Garage | .35 acres

This property was sold and closed at $220,000, 110% of list price, on 10-27-2017.

View the MLS Listing

This turn-key and charming home has modern style, many updates and sits on a private lot that backs up to walking paths. The main level is bright, has a brick wood burning fireplace, hardwood floors, new doors, and a full kitchen remodel with custom cabinets, new countertops, stainless appliances, tile backsplash, lighting and more. The lower level is updated and walks out to a private backyard with a shed, fire pit, and large deck with shade covering adjacent to a remodeled three season porch.

Search All MLS Listings
View our Gallery of SOLD Properties

For a free equity analysis for your current home, email or call the Nick Leyendecker Team with Coldwell Banker Burnet, today at 952-222-SOLD (7653).

Posted in JUST SOLD