“In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by fear, uncertainty, and doubt.”
“Equity levels were high even during the recent downturn, and now they are going back up and better than ever.”
“Your Realtor or real estate agent will be key to helping you navigate this process. . . . they can guide you through construction and help anticipate and solve for any possible snags along the way.”
The original owner of this home truly embraced 1980's trends - check out that black jetted tub! The original shower had a small plastic / plexi enclosure that was worn & cracked, with a door that did not close properly. The original custom vanity was considerably shorter in height than today's vanities, with considerable storage challenges and, frankly TOO MUCH counterspace.
This bathroom has been transformed into a spa-like retreat!
Drone photography captures a view of homes and settings not possible from the ground. Here are examples of drone photos for two different listings. In the top example, the home was situated on a 2.7 acre hilltop, surrounded by trees. I asked my drone photographer to capture the size and privacy of the lot. The result was 8 offers within the first 12 hours! In the lower example, the home is situated on a small lake near an historic, scenic downtown on the Mississippi. I received calls from all over the country from buyers interested in this home! 13 offers received before the deadline. Buyers continue to contact me to see this home, knowing it is under contract.
The link below leads to some good advice about those lovely hardwood floors you may have. In our own home, years ago we made the mistake of using a steam mop on our sealed hardwood - never again!!
The City of Minneapolis has long required home sellers to obtain a Truth in Sale of Housing (TISH) evaluation prior to selling a home. This TISH evaluation is required to be made available to all potential buyers. The report outlines repairs required prior to the transfer of ownership.
Beginning on January 15, 2020, home energy data will be collected during the required Truth in Sale of Housing (TISH) evaluation. This data will be used to create an Energy Disclosure Report, to be included in the City's TISH report. Why is Minneapolis adding this new disclosure? According to the City of Minneapolis, the City believes that the energy performance of a home should be known by potential buyers prior to the purchase of a home.
The Energy Disclosure Report will report an "energy score" that rates the energy efficiency of each home. The scale used is 0-100, with 100 being considered the most energy efficient home. The score evaluates the energy performance of four key areas of the home:
The report will also include recommendations on how to improve these areas, reportedly prioritized by potential return on investment (according to the City of Minneapolis opinion).
THIS IS A SAMPLE DISCLOSURE REPORT PROVIDED BY THE CITY OF MINNEAPOLIS
The City reportedly will not be requiring any energy improvements, as of the writing of this article. The City reports that the aim of this new policy is to inform residents and realtors of the energy performance of homes AND the opportunities that exist for energy-saving improvements.
Whenever a home as been built prior to 1980, a 2" hole will be drilled in an exterior wall in order to evaluate wall insulation. According to the representative that conducted a training I attended, the inspectors will be finding a relatively inconspicuous location in which to drill this hole. When possible, they will look for an exterior wall closet or cabinet in which to drill, so that the hole will be concealed. After the drilling and evaluation, a plastic plug will be inserted in the wall. Why will it be a plastic plug? The idea, according to the city, is that each time the home is sold, the inspector will be able to access the same hole by simply removing the plug. rather than drilling another hole.
Why are homes built after 1980 exempt? Buildings code as of 1980 has required certain exterior wall insulation.
The answer if YES. At present, the City of Minneapolis has a list of inspectors that meet the qualifications to conduct Minneapolis TISH inspections. Each qualified TISH inspector sets his / her own price for the current TISH inspection as well as this new, additional Energy Disclosure Evaluation. It is expected that each inspector will add an additional fee to their current TISH inspection price for this new, additional requirement in Minneapolis.
The new Energy Disclosure Report is required for all MPLS TISH evaluations ENTERED ON OR AFTER JANUARY 1, 2020. This means that if you recently obtained a Minneapolis TISH evaluation and that evaluation is entered into the City of Minneapolis system prior to January 15, 2020, then you are not required to have this additional evaluation done. Minneapolis TISH evaluation reports are valid for 2 years, but for no more than one sale.