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Review – 2016

With the New Year come new opportunities, new adventures, new stories, and new potential.  If we learned anything from 2016 it is to always expect the unexpected, hope for the best but plan for the worst, and never shy away from a risk.  This holds true to our daily lives but also real estate. The Minnesota real estate economy started off hot with an early spring surge that did not slow down until late August, and even then really held strong and remains strong.  The normal marketing time for a single-family home in the metro area was 30 days down...
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Chaska Plaza Now Leasing!

Over the past two years a lot of construction has been going on in the old Ridgeview building besides the Chaska Home Depot.  As I am sure many of you know, the new building is set to be a Good Will, but the newly renovated building is still a big empty space.  Soon that will be changing as the developer is now seeking tenants to fill the suites.  Currently, one of the four suites is set to be leased by an insurance company but three more suites are still available.  The resigned building features independent access points, new store fronts, and...
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Growing Victoria rental market?

On October 24th, 2016 the Victoria City Council will review the conceptual 81-unit apartment complex, Victoria Flats, bringing this massive project one step closer to breaking ground. Project Background: Originally brought before the city in 2015, this project will be the largest apartment complex in the city, if the project is approved.  The building will house 80 units (11 studios; 44 single bedrooms; 25 two bedrooms) with an anticipated rent of $1,000 to almost $2,000 per month.  In addition to the 80 apartment units there will also be 156 parking stalls (105 for residents and 51 for public use). To...
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“Winter is Coming”

With kids heading back to school and holiday decorations taking place of back to school items, it is only a matter of time before old man winter is upon us.  Here are some home help tips to consider when packing away the summer items.   Clean the gaps between your deck boards Check all weather strips and caulk around windows and doors Clean your garbage disposal by grinding up cups of ice cubes Pour a gallon of water down unused drains, including floor drains Drain half of your water heater Give your furnace a 24 hour test run Clean out...
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