Maximize Your Sale: Upgrades That Truly Pay Off

Selling a home in the Minneapolis–St. Paul market is a major opportunity, and the right updates can draw more buyers while helping you capture the highest possible price. Here are the improvements that consistently deliver a strong return on investment.

Click Here To Get Your Free, No Obligation Home Valuation!

1. Fresh Paint – An Instant, Budget-Friendly Refresh

The fastest way to add value and attract attention is a fresh coat of paint. Soft whites, creams, or gentle grays brighten rooms and create a blank canvas for buyers to picture their own décor. Crisp trim and clean lines give the entire home a well-cared-for feel.

Buyer-Favorite Colors for 2025

• Alabaster – Sherwin Williams (SW-7008)

• Simply White – Benjamin Moore (OC-117)

• Chantilly Lace – Benjamin Moore (OC-65)

• White Dove – Benjamin Moore (OC-17)

• Ultra Pure White – Behr (PPU18-06)

Finish Factors That Matter

• Ease of cleaning: Satin or eggshell for walls, semi-gloss for trim.

• Light and glare: Matte finishes soften bright natural light.

• Durability: High-traffic doors and trim need tougher sheens.

• Style balance: Mixing finishes—matte walls with glossy trim—adds depth.

• Perceived quality: Rich, layered looks signal thoughtful design.

2. Professional Staging – The Silent Sales Strategy

Staging highlights your home’s strengths and helps it shine in online photos, where most buyers begin their search. A professional stager arranges furniture for natural flow, selects décor to complement architecture, and draws attention to details like fireplaces or built-in shelves. Even small spaces feel bigger and more functional when staged thoughtfully.

High-quality listing photos are critical. Stagers consider camera angles and lighting to create magazine-worthy shots that stop buyers mid-scroll.

Costs vary, but staged homes in the Twin Cities often sell faster and for 5–10% more. When working with the Travis Erickson Group, you are provided with a complimentary staging consultation to have your home looking its best before going on the market.

Click Here To Get Started

3. Kitchen Updates – High Impact Without a Full Remodel

The kitchen often determines how buyers feel about the entire home. Fortunately, you don’t need a full renovation to make an impression.

• Lighting & Fixtures: Install under-cabinet LEDs for function and atmosphere, and replace old fixtures with modern pendants or a sleek chandelier. A pull-down faucet adds polish.

• Appliance Check: Stainless or energy-efficient appliances convey quality. If you keep existing ones, ensure they’re spotless and in perfect working order.

• Cabinet Refresh: Paint or reface cabinets for an instant facelift, and update hardware with brushed nickel, matte black, or brass pulls.

• Countertops & Backsplash: Upgrade dated laminate with quartz or granite and add a simple subway tile backsplash for a timeless finish.

Minor kitchen remodels consistently recoup a high percentage of their cost and can help a home sell faster, making these updates a smart investment.

4. Bathroom Touch-Ups – Small Changes, Big Impact

Bathrooms don’t need a complete overhaul to feel luxurious. Re-grout tile, replace worn caulk, and update faucets or showerheads for a crisp, spa-like finish. Swap harsh lighting for warm, flattering fixtures and add a new mirror or framed vanity to elevate the style.

Neutral paint brightens and enlarges the space, while a new vanity top or frameless shower door adds subtle luxury. These updates signal a well-maintained home and give buyers confidence that the property has been carefully cared for.

Learn How To Sell Your Home The Right Way

5. Clean, Dry Basement – Turn an Afterthought into an Asset

A bright, dry basement speaks volumes about a home’s condition. Begin by addressing any moisture issues: seal small cracks, repair leaks, and run a dehumidifier to keep humidity low.

Fresh paint on walls and floors instantly lightens the area, while updated lighting eliminates shadows and makes the space feel larger. Remove clutter so buyers can envision storage, a workshop, or even future living space rather than a dark utility zone. Even if unfinished, a clean, fresh-smelling basement builds buyer confidence in the home’s structure.

6. Fenced Yard – Privacy and Peace of Mind

A well-kept fence adds immediate value by defining the outdoor space and offering privacy for gatherings, pets, and children. Walk the perimeter to ensure panels stand straight and gates open smoothly, repairing any loose boards or worn hardware.

A fresh coat of paint or stain protects the wood and enhances curb appeal. If the fence design feels dated, simple upgrades like modern gate hardware or decorative caps add style. A sturdy, attractive fence signals security and makes the yard feel like a true extension of the home’s living space.

Click Here To Get Your Free, No Obligation Home Valuation!

7. Landscaping & Curb Appeal – Make a Lasting First Impression

Your home’s exterior sets the tone for every showing, so a well-tended yard is essential. Start by trimming shrubs, edging walkways, and keeping the lawn neatly mowed. Add fresh mulch and seasonal flowers for a pop of color.

Power-wash siding, steps, and driveways to remove dirt and brighten surfaces, and clean windows until they sparkle. Don’t overlook the entry. Repaint the front door, update house numbers, and ensure exterior lighting is both functional and inviting. These simple touches create an immediate sense of care and can make buyers eager to see what’s inside.

8. Updated Mechanicals – Peace of Mind for Buyers

Reliable heating, cooling, plumbing, and electrical systems reassure buyers that the home is move-in ready and free of costly surprises. Schedule routine maintenance and keep service records handy to show that furnaces, air conditioners, and water heaters have been professionally cared for.

Replace worn filters, test smoke and carbon-monoxide detectors, and address any minor leaks or wiring issues before showings. If any system is nearing the end of its lifespan, consider an upgrade or offer a home warranty to ease concerns. Demonstrating well-maintained mechanicals builds buyer confidence and supports a stronger asking price.

Get Started Today!

9. Roof Condition – Protect Your Investment

A solid roof is one of the first things buyers notice, and its condition can influence both offers and negotiations. Inspect for missing shingles, damaged flashing, or signs of leaks, and schedule repairs well before listing.

Clean gutters and downspouts to show proper drainage and prevent water issues. If the roof is nearing the end of its lifespan, consider replacement or provide documentation of recent inspections to reassure buyers. A well-maintained roof signals long-term protection and gives buyers confidence that the home is structurally sound.

In a competitive Minneapolis–St. Paul market, homes that look cared for and move-in ready stand out. Strategic improvements, especially in kitchens, baths, and curb appeal, help your property sell faster and at a premium price.

Want to know what your home is worth and receive personalized suggestions to maximize your sale? Click here for a free, no-obligation home valuation from Travis, a Twin Cities local professional who knows the market inside and out.

Looking To Sell Your Home Or Buy A Home In Minneapolis?

Buying or selling a home is one of life’s biggest financial and emotional decisions. You deserve a realtor who treats your goals like their own and understands every block of Minneapolis. My mission is simple: combine deep market knowledge with personal service so you get the best price with the least stress.

Whether you’re listing a condo in the North Loop, upgrading to a larger home in Longfellow, or relocating to the suburbs, I provide the same hands-on guidance from our first conversation through closing day.

Local Knowledge That Works for You

The Twin Cities market isn’t just competitive, it’s diverse. Each neighborhood has its own character, buyer profile, and pricing trends. I live and work here, so I know how to highlight the features that matter in places as different as Linden Hills, Northeast Minneapolis, or Longfellow.

I track market shifts daily and draw on years of data to create a pricing strategy that attracts qualified buyers without leaving money on the table. That insight means your home is positioned to sell quickly and for top dollar.

Want to chat through it? Call me today!

Results You Can Count On

Clients consistently achieve faster sales and stronger offers than the local average. My approach blends professional staging advice, high-impact photography, and targeted digital marketing that reaches buyers where they are—whether that’s a social feed, a relocation network, or a private showing.

Negotiation is where strategy meets skill. From first offer to final signature, I work to protect your bottom line and your peace of mind, ensuring you feel confident at every step. Click here to get started!

A Client-First Approach

Clear, responsive communication is the core of my service. When you hire me, you work directly with me, not a rotating team or a call center. I keep you updated on showings, feedback, and market conditions, and I’m available to answer questions whenever they come up.

This commitment to personal service means you’ll never wonder where things stand. My goal is for you to feel informed, supported, and in control from start to finish.

Comprehensive Services

• Residential Home Sales – Strategic marketing and expert pricing for Minneapolis and St Paul properties.

• First-Time Buyer Guidance – Step-by-step support, from financing to final walkthrough.

• Luxury & Investment Properties – Sophisticated marketing plans and private networking to reach qualified buyers.

• Relocation Assistance – Detailed market reports and neighborhood tours to make your move seamless.

• Inherited Properties & Estates – Sensitive, full-service guidance for selling inherited homes or settling estates, including valuation, preparation, and coordination with legal or financial professionals.

Click Here To Schedule Your Free, No Obligation Home Valuation!

Frequently Asked Questions

1. How do you determine the right price for my home?

I prepare a detailed Comparative Market Analysis (CMA) that looks at recent sales in your neighborhood, current inventory, and buyer demand. For Minneapolis–St Paul homes, I also factor in seasonal trends unique to the Twin Cities market.

2. How long does it usually take to sell a home in the Twin Cities?

Market conditions vary, but most well-priced homes I represent go under contract in two to five weeks, often faster. Strategic marketing and accurate pricing are key.

3. Do I need to stage my home?

Staging isn’t always required, but it can dramatically increase buyer interest and final sale price. By working with Travis, you will be provided with a complimentary 1-hour staging consultation with a local professional stager. The stager provides tips on how to have your home looking its best and sell faster.

4. What neighborhoods do you specialize in?

I work throughout Minneapolis and St Paul, including North Loop, Fulton, Longfellow, Linden Hills, Mac-Groveland, Highland Park, Summit Hill, and surrounding suburbs like Mendota Heights and Lake Minnetonka. My marketing strategy adjusts to each area’s unique buyer profile.

5. Can you help me buy and sell at the same time?

Yes. I regularly help clients coordinate a simultaneous sale and purchase, managing timelines so you can move from one property to the next with minimal stress!

6. What costs should I expect as a seller?

Typical expenses include agent commissions, title fees, and any agreed-upon repairs or concessions. Travis provides an itemized estimate up front so there are no surprises.

7. Do you work with first-time buyers?

Absolutely. Our team guides first-time buyers through financing options, inspections, and closing so the process feels straightforward and enjoyable.

8. How do you market homes to out-of-state buyers?

High-quality photography, video tours, and targeted digital advertising ensure relocating buyers can explore your home online and schedule showings before they arrive in the Twin Cities.

Let’s Get Started

Whether you’re ready to list today or simply exploring your options, I’d love to help you plan your next move.
Contact me for a free, no obligation home valuation with a market analysis and customized plan to achieve your real estate goals in the Minneapolis area.

Ready to make your move in the Twin Cities?

Click here to schedule your free, no obligation home valuation now OR contact me today to see how we can get your home sold for top dollar and find your next one!

Ready to Sell in Macalester-Groveland? Here’s How We Put You First

Putting your Macalester-Groveland home on the market should be an exciting milestone — not a stressful process. Yet many sellers feel rushed, overlooked, or like their sale is being treated as just another number.

At The Travis Erickson Group, we believe your experience should be different. Our goal is to provide personalized service and outstanding results so you feel supported every step of the way.

Why Partner With Travis Erickson?

When you work with Travis, you’re choosing a Realtor who knows Mac-Groveland’s unique character. From its Craftsman bungalows to its elegant Colonials near Summit Avenue, Travis understands how to highlight the charm and value of homes in this beloved St. Paul neighborhood.

With years of local experience, Travis focuses on what matters most — your priorities, your timeline, and your goals— while guiding you through the sale with confidence.

Contact Us Now!

Why Sellers Say Travis is “The Best Realtor In Town”

Clients trust Travis because he goes beyond the basics of selling a house. He takes time to listen, communicates clearly, and always advocates for your best interests.

Instead of a one-size-fits-all approach, he delivers tailored strategies that help you feel informed and empowered — and ensure you get the results you deserve.

A Team That Puts You First

Selling your home in Mac-Groveland is a big step, and you should feel like more than just another listing on the market. That’s why Travis and his team provide individualized support — from professional staging and marketing to expert negotiation.

Our commitment is simple: you’ll always know where things stand, and you’ll always feel like the top priority.

Proven Success in Macalester-Groveland

Mac-Groveland continues to be one of St. Paul’s most desirable areas, with demand driven by its historic homes, neighborhood charm, and proximity to Macalester College and Grand Avenue. Homes here often sell quickly, but achieving top value requires an agent who understands the local market inside and out.

That’s where Travis shines — by combining deep neighborhood knowledge with a results-driven approach.

Click Here To See How Much Your Home Is Worth

Frequently Asked Questions

Q: What’s the typical home price in Macalester-Groveland?
In 2025, most homes in Mac-Groveland sell between $437,000 and $505,000, with renovated properties often exceeding that range.

Q: How fast are homes selling in the neighborhood?
On average, homes go under contract in about 12 days, and well-prepared listings often move even faster.

Q: Do I need to make major updates before listing?
Not necessarily. While fresh paint, curb appeal, or light renovations can boost buyer interest, many buyers value Mac-Groveland’s classic character and charm.

Q: How can I find out my home’s value?
The most accurate way is with a custom Comparative Market Analysis (CMA) prepared by Travis — a free, no-obligation report that’s far more precise than an online estimate.

Click Here To Get Your Free, No Obligation CMA!

Ready to Take the Next Step?

When you sell your Macalester-Groveland home with The Travis Erickson Group, you’ll experience a thoughtful, hands-on process that puts you first — not just your property.

👉 Request your free, no-obligation home valuation today and discover what your Mac-Groveland home could be worth in today’s market.

Click Here For Your Free, No Obligation Home Valuation!

If you own a home in the Longfellow neighborhood of Minneapolis, chances are you’ve asked yourself: “How much is my Longfellow home worth today?” Whether you’re planning to sell, refinance, or just keep tabs on your investment, understanding Longfellow home values is key to making smart real estate decisions.

This guide will break down current market trends, what’s driving home prices in Longfellow, and how you can get an accurate estimate of your property’s value right now.

Click here for your free, no obligation 100% no pressure home price valuation!

What Are Longfellow Home Values in 2025?

As of 2025, the median home price in Longfellow is trending upward, reflecting both the neighborhood’s charm and its central location near the Mississippi River.

• Median Home Value: $357,500

• Year-Over-Year Growth: 8%

• Average Days on Market: Homes typically sell in 27 days, faster than many other Minneapolis neighborhoods.

👉 Longfellow remains popular among first-time buyers, families, and investors thanks to its balance of affordability and lifestyle perks. 

Why Are Longfellow Home Prices Rising?

Several factors influence home values in Longfellow:

1. Location & Lifestyle: Proximity to the Mississippi River, Minnehaha Falls, and easy access to downtown Minneapolis.

2. Historic Charm: Craftsman bungalows and 1920s homes attract buyers who want character over cookie-cutter designs.

3. Community & Amenities: Bike trails, parks, and a strong local business scene (like Longfellow Grill & local coffee shops) add value.

4. Inventory: Limited homes for sale often means more competition and higher prices.

How Much Is Your Longfellow Home Worth Today?

The answer depends on specific property details like:

• Square footage

• Number of bedrooms and bathrooms

• Lot size

• Renovations and upgrades

• Exact location within Longfellow (near river vs. main streets)

💡 Online estimates can be a starting point, but they often miss important details. The most accurate way to know your home’s value is a local market analysis (CMA) from a real estate professional. Discover what your home is really worth with a free, no obligation home valuation from the Travis Erickson Group - giving you clarity and confidence in today's market.

Click here to get your free personalized market analysis!

Longfellow Home Value Trends (2020–2025)

To give context:

• 2020–2021: Pandemic boom, prices rose sharply.

• 2022–2023: Market cooled slightly due to interest rates.

• 2024–2025: Steady rebound, with moderate but consistent appreciation.

📈 If trends continue, Longfellow home values will likely remain strong due to demand outpacing supply.

How to Get a Free Home Value Estimate

If you’re curious about your Longfellow home’s worth today, you have options:

1. Automated Valuation Tools – Quick estimates, but not always accurate.

2. Comparative Market Analysis (CMA) – Provided by real estate agents, tailored to your home.

3. Professional Appraisal – Best if you’re refinancing or need official documentation.

👉 Want a free, personalized estimate? Click Here To Get Your Longfellow Home Value Today!

Longfellow remains one of Minneapolis’s most beloved neighborhoods, and its home values reflect both its history and future growth potential. If you’ve been wondering “How much is my Longfellow home worth today?”, now is the perfect time to find out.

Whether you’re selling, refinancing, or just keeping an eye on your investment, knowing your home’s true value is the first step.

Click Here For A Free, No Obligation Home Valuation

Welcome to Highland Park St. Paul, MN

Highland Village is the hub of life in Highland Park. This is the main spot where you can do some shopping, and grab a bite to eat. 

Hey everyone,  If You’re relocating here from out of state or moving to the Twin Cities from another part of Minnesota. This video will give you a closer look at Highland Park! 

Is it the best neighborhood in St. Paul? 

If you’re someone who wants to live in the city in a nice walkable neighborhood with beautiful houses, you like the charm and character of older homes, and you want to be centrally located. Then definitely put Highland on your list. 

We run the Travis Erickson Group at Re/max results here and help people buy and sell real estate in Minneapolis, St. Paul, and the twin cities metro. So, if you are buying or selling a home here reach out our goal is to treat people like they’re family.  We’ll work endlessly to make sure you have a smooth move and everything comes together flawlessly. Send an email to travis@traviserickson.com or just go to traviserickson.com and fill out the buy my dream home form or free home evaluation form if you are selling to get started.

Highland is really a small town in the city “St. Paul Small as we say.”  

The neighborhood is the slice at the Southwest corner of Saint Paul, surrounded by the Mississippi River on the South and West with Randolph Avenue on the North and 35 E to the East. All of Highland Park is in the 55116 zip code.  It includes the Highland Village area and the West 7th/Sibley Plaza area. 

There’s nearly something for everyone here.  River trails and falls along the Mississippi River, along with Hidden Falls and Crosby Park, provide opportunity for biking, hiking and walking wooded trails and paths.  

There’s an 18 hole golf course the highland national,  and the Highland 9 right next to it. 

You have Circus Juventus, the Charles Schulz indoor ice arena, and the highland Park little league fields. 

Highland is also fortunate to have access to public transit via multiple routes that connect to all areas of both Minneapolis and Saint Paul.    

Highland has a number of local along with chain restaurants and coffee shops. 

You can grab a bite to eat at one of the many restaurants, shop at numerous stores or go to a movie at the Highland Theatre which is one of the only remaining movie theaters in Saint Paul. 

For breakfast we recommend stopping in at the Highland Grill, 

for lunch you have to try oldest deli in Minnesota…. Cecils. They are  famous around the globe, for their made from-scratch matzo ball and chicken soup, and hot reubens.  

For dinner get yourself a reservation at Joans in the Park. It’s a small,  from scratch kitchen with a great dining experience. 

 One of the reasons people gravitate to Highland Park is the fact that there are a variety of homes to chose from. 

Everything from a post war Starter homes to multi million dollar luxury homes.  In general as you go south from I 94 the neighborhoods in St. Paul  go from older to newer as the area was developed. So, in the south part of Highland especially you will find more mid century style homes. Highland has a lot of 1920’s - 40’s two story homes,  bungalows,  colonials, tudors, 4 squares you name it. 

What’s important to you in your next home? Does the yard size matter? 

Highland has a majority of the homes on a typical city lot about 40x125 or .11 acres’. However there are some streets that have larger lots. Sometimes, you’ll find a lot and a half or a double lot on the Avenues north of ford pkwy. If you want a larger lot though look south of Ford Pkwy just in general, or along Mississippi River Blvd, Highland Pkwy can tend to have wider lots, Mount Curve Blvd and Edgecumbe rd also can have larger lots. Even streets like Hillcrest will have wider lots, 60-80’ wide is common and if you look for the windy streets like Upper and lower St. Dennis, and Colvin you’ll find larger lots. Some on ⅓ of an acre, ½ an acre to over an acre. 

 The average sale price this year for a house in Highland is $483,000 with the lowest price home selling for 160K and the highest this year so far at $1.6million. 

Most of the homes here are nice. Just walk around and you can see the pride of ownership. There are some even more distinctive pockets of homes throughout Highland. For example this one just east of the golf course where the average sale price is right around $700K. Then of course you have the river blvd, homes along Edgcumbe, highland pwky, homes close to the river on streets like Mount Curve and Woodlawn. There is a really nice pocket of homes just on the south border of St. Kate’s university. 

Edcumbe blvd. Larger lot sizes. 

River road and the north and south streets next to it. Saint Kates pocket. South of ford pkwy St. Dennis.. Bohland Hillcrest etc. These are distinctive the rest is also very nice. 

The highland bridge is a 122 acre redevelopment of the old Ford plant. I believe it’s one of the largest urban redevelopments in the county. They are adding 3800 housing units with 20% being affordable housing. There are 300 row homes being built and some have already sold anywhere from the $600k’s to over a million.  They are also selling custom single family homes along the river. 

They are adding $150,000 sf of retail, 55+ acres of parks and rec, and 265,000sf of office space. 

Some of the parks are already open, with pickle ball, volleyball, a skate park and a dog park. 

Highland is home to a lot of great schools. Everything from public to charter, religious,  and private schools. This is strong reason people chose highland park. 

 Schools like Horace Mann elementary, highland park elementary, middle, and high school. Highland Catholic, Cretin Durham Hall high school has a $15,340 tuition which includes registration, books, and some activities. St. Paul Academy private k-12. The high school tuition will only set you back $34,690. 

There is also a women’s private university St. Kates! 

If good schools are a box to check off on your list then you should consider Highland Park 

Highland Park is one of the most desirable neighborhoods in St. Paul and the Twin Cities. Is it the best? Could you see yourself living here? 

We just covered a number of pro’s to the neighborhood. Why shouldn’t you live in Highland Park? 

This list is pretty small but a few things to consider. 

1. With a nice neighborhood and central location comes higher property taxes it just does.. Some clients that we’ve helped have moved to the suburbs for a little lower taxes.One pretty common landing place borders highland park and that is Mendota Heights. 

2. Depending on where you live in the neighborhood you aren’t going to have quick access to the freeway. You’ll have to drive a little and it’s not far maybe 5 minutes. If you in the southern part of the neighborhood or on the easter part you have quick access to 35E and hwy 62. 

3. Some residents that lived here for a long time have expressed concern about what the new development at the highland bridge might do to traffic along Ford parkway and the  main arteries like cretin ave. Some feel like traffic during rush hour can get back up on Ford Pkwy. Its all relative. If you are moving here from LA or New York you’re going to laugh at our rush hour. It will be nothing to you. 

4. Cost of housing. A lot of people that live here are generational residents their families have lived here and they are going to stay no matter what. Some when it comes time for more space end up in the suburbs to get a bigger house for less money. 

5. The streets in the winter. If you live  in Minnesota snowy streets are just something  you put up with. Some parts of the metro do a better job than others with clearing the snow off of the streets. St. Paul… let’s just say doesn’t get an A+ in this category. Part of it just goes with living in the city. The streets tend to get more narrow in the winter and some years they can get pretty rough. 

That’s city living though. You are going to pay a little extra to have the amenities and be close to the action. 

The pros far outweigh the cons of highland park in our book.  It really is a prime gem of a neighborhood. 

If you still have questions about this Highland Park,  Reach out we love help. Did you like this video, do us a favor and hit that like button and subscribe for more neighborhood videos and real estate info here in Minneapolis/St. Paul.  

If you live here now comment below and let us know what you like about living in Highland Park. Let’s keep it positive! Maybe your input will help someone else thinking about a move to St. Paul.  

If you are buying or selling a home in highland park, St. Paul or the twin cities metro reachout out. Send us an email to travis@traviserickson.com or visit our site traviserickson.com. Call or text 612-900-0777 we will work endlessly to make sure everything comes together flawlessly for you. 

Cheers!

Travis

Are you looking to move to Minneapolis and aren't sure which neighborhood would be best for you? Watch this video for a breakdown of what it's like to live, work & play in the Longfellow community of Minneapolis. The Longfellow community is made of of 5 Different neighborhoods Hiawatha, Howe, Cooper, Longfellow, and Seward. 

If you'd like more information on Living here then reach out to us we absolutely love answering people's questions and helping them make a smooth move when purchasing their new home. 612-900-3838.  

Watch the Longfellow Neighborhood tour here: 

Some buyers that shop in Longfellow for a house to purchase also look in the Nokomis neighborhood. You can watch that video here. 

The Fulton Neighborhood of Minneapolis has so much to offer with Lake Harriet, 50th & France shopping, Southwest High School and other great schools. If you are looking for one of the best homes for sale right now in Fulton the current highest list price on a home here is $1,749,000. Click the link below to see this beautiful five bedroom, five bathroom, 6,000+ square foot home.

http://www.minneapolisstpaullistings.com/property/4662252/

Have a great day!  -Travis

This is something we have been hearing from a lot of buyers lately. There just aren't a lot of homes to choose from right now. Even so, we have been finding people homes. If you look at it the buyers are partially right. There are a lot less homes for sale right now than there were this time last year in Minneapolis. Minneapolis as a whole has 18% fewer homes for sale than at this time last year. The Linden Hills neighborhood of Minneapolis has 7.8% less homes for sale. The Longfellow neighborhood of Minneapolis has 29.5% fewer homes to choose from and Nokomis has 22.4% less inventory than this time last year. If you are a buyer and excited about the low interest rates but can't find what you are looking for... "hang in there." We are coming up on the time of year when the highest number of homes go up for sale. If you are a seller... you should be excited! Low interest rates + low inventory = a higher sale price for you in most cases. 

If you want to buy a home in Minneapolis start your search here.

If you want to sell a home start here for a free home evaluation. 

Have you been on the fence about whether to sell your house or not? A lot of people are in the same boat. Maybe they bought at the peak of the market before the crash and aren't aware of what their home is really worth right now. Or, they are worried about not being able to find a house because of the low inventory levels right now. You are not alone if have doubts about what to do. 

Let's get into what the market is currently doing. In the Twin Cities metro area the inventory overall is at 3.4 months. That is the lowest since March of 2014. That also puts us still in a sellers market! Anything under 4 months is considered a sellers market. Five months would be a balanced market. Anything 6 months or more would be a buyers market. You only have to look back to April of 2012 to find inventory levels in the Twin cities that were 6 months or more. April of 2012 had a 6.2 month supply of homes. What does that mean? The easy answer is this...if nothing else came on the market it would take 6.2 months to sell all of the properties currently on the market. 

Real Estate is an ultra local thing. There are different markets within micro markets. For instance, houses in the $200,000 to $300,000 price range in Longfellow Minneapolis for example, might have a current supply of 1 month. Where houses priced over $700,000 may be a 5 months plus supply. That same thing can be true for many areas of Minneapolis and St. Paul, and even in the suburbs. 

If you are thinking about selling... it is important to analyze the inventory levels in your specific price range. That along with the pending ratios will tell you how good of a market it is as it relates to your house. 

Back to is now a good time to sell? With the inventory levels being the lowest since 2014, absolutely its a good time to sell. In some neighborhoods there are fewer homes for sale than at any other time that I can remember. This gives you more eyeballs on your home. Already, we have been receiving multiple offers on homes in January. We are also coming up on the time of year when the most number of homes come on the market. So, I couldn't think of a better time to make the move that you been wanting to make. 

If you also need to sell your house when you buy a home, you can check your home's value at my website, www.equityeval.com

If you have any real estate questions or would like us to help you buy or sell a home... reach out to us. We'd love to talk to you. 612-564-0840. 

Have a great day! 

- Travis