Posts from May 2019

If you've been exploring the area in search of your dream house, you've probably noticed some of the gorgeous Excelsior homes for sale on the Lake Minnetonka waterfront. This is one of our most popular residential areas, and as soon as the weather starts to warm up, you can expect to see an influx of people enjoying waterfront dining, shopping, and outdoor activities.

One of our most popular summertime events, the 39th annual Art on the Lake is always a big hit among both local residents and visitors. It draws in art enthusiasts from across the entire Minneapolis/St. Paul area and features unique art, food, and musical entertainment. Sound like something you might enjoy? Here are all the details! 

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If your home will soon be among Excelsior homes for sale, you're probably starting to wonder just what your home is worth, and how your REALTOR® will determine it. Home valuation relies heavily on the "market" it's in, hence the "housing market" terminology many real estate agents frequently use.

What exactly does a real estate agent use to determine your home's value, though?  That's what we're looking into today to help you figure out how you and your REALTOR® can determine your home's value.

Online Valuation

National online databases such as Zillow and Redfin estimate your home's value by using real estate sales and other market factors in your immediate area.  

These tools are handy, but they fall short of taking in every factor of a home's value including remodeling, proximity to certain amenities, and other intrinsic aspects of your home's worth. Online resources give a big-picture overview, but your REALTOR® can get a much more detailed idea of what your home is worth.

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