Excelsior MN Real Estate
Display all Excelsior MN real estate listings.
Recently, the City of Excelsior paid its last respects to Mr. Jimmy Hutmaker, a sort of local celebrity. Mr. Jimmy was dubbed “the roving” ambassador for the city. He earned this designation by his regular walks through town, visiting with whomever he met, to share his wit and insights.
Mr. Jimmy has become the center of a local legend, or folklore in his home town. Maybe it is even a true story. The story happens when Mick Jagger and the Rolling Stones were in town for a concert in the early 60′s. Mick was killing a little time by browsing in Excelsior stores. Mick was standing in line in the Excelsior drug store with Mr. Jimmy, when Mick asked for a cherry soda. The storekeeper informed him that they were all out. Mr. Jimmy turned to Mick and said, “You can’t always get what you want.”
Now you know the origin of lyrics to a popular Rolling Stones tune.
Let’s get down to the ascertainable facts. Excelsior is a small town located along MN 7 just about 20 minutes from downtown Minneapolis. This town enjoys one of the most scenic stretches of Minnetonka lakeshore. This town is all of one square mile and 2,397. Somehow, the town manages to retain an old world charm. There is no doubt that the local shops, community festivities, and steamboat trips to and from Wayzata play a part in preserving its character. Many buyers purchase Excelsior MN real estate because they are attracted to the boutiques, shops, park, and lakefront.
Excelsior MN Real Estate for Sale
Currently, on the Minnesota MLS, there are 34 single family homes for sale, at an average asking price of $682,498, and an average year built of 1954. There are a number of sharp, clean, solid 1920′s bungalows out there, with hardwood floors, french doors, crown molding, and all the trimmings. Sometimes, fully updated two-story historic 188′s homes with Minnetonka lakeviews will hit the market for a brief spell. An experienced Excelsior REALTOR can help you uncover the true gems in this market before they disappear.
Are you looking for something bigger? Check out some of the large homes in Minnewashta Acres. These were built in the earlier part of this decade, and boast lots of about an acre or so. You can buy one out here and still stay under $1M.
Luxury Excelsior MN Real Estate for Sale
Right now, the MLS says that there are only half a dozen Minnesota luxury homes for sale over $1M. But it doesn’t matter. You probably get to buy only one, anyway. But would a majestic estate on two or three hundred feet of prime Minnesota lakeshore on Lake Minnetonka fit the bill? If you treat the sellers right, they might even throw in a nice view of Halsted Lake to boot. I wonder if they will throw in that boat lift or dock? We can ask. If you call right now, you might still be able to look at a 7000 square foot mansion proudly parked on a two acre estate, all for under $2M. We know where the best ones can be found.
Lakeshore Real Estate on Lake Minnetonka
Excelsior lake homes are found in the form of three condos and four single family homes, two of which are under $1M. If you find them on Red Cedar Point or King’s Point, that’s a bonus.
If you have to work for a living, town homes or condos might be a more feasible way to enjoy lakefront. Check out condos on Lake Minnetonka waterfront. The market is rather tight for them, but we might be able to scare up something under 500k.
Excelsior MN Real Estate Agent
Looking for homes in Excelsior can be fun. It is easy to be charmed by the quaint atmosphere, the beauty of Lake Minnetonka, and the character of homes in Excelsior. You might even fall in love with more than one house! Sometimes the most stressful situations are caused by having to choose between two good options!
Sometimes home buyers become euphoric as they tour Excelsior homes that have been all shined up by the seller just for the showings that day. Buyers become pre-occupied with imagining what life will be like in this community and what the family will think of it.
Here’s where I can help. I can help you step back and take a long, objective, and hard look at the property and any ensuing negotiations. I can share your enthusiasm about home shopping, but I can be objective. Before you pull out your checkbook to write an earnest check, I want to make certain that you have your eyes wide open. I can help ask some important questions like:
- How old is the roof? How many years does it have left?
- Are there any serious defects in the property that we are not able to see?
- Will the schools in the community be right for our children?
- What kind of repairs will be needed to bring the house up to our expectations? Will the repairs be worth it?
- Will the neighborhood support the value of the house? Will it support added value if we make major improvements?
- How will city planning, zoning, or community developments will impact our enjoyment of the property?
- What have Excelsior homes in this neighborhood been selling for?
- What did the seller pay for the house?
- How are real estate taxes calculated?
- What should we offer on an Excelsior MN real estate listing like this?
- What are the best financing options?
- Is this a home with good re-sale potential?
There are many other questions that need to be asked when you purchase Excelsior MN real estate.. Also, I want to make sure you understand the entire transaction process before you sign a purchase agreement. My goal is to find a good home and a good value. I want your business years from now. Therefore, if I find out something untoward about the house, I will tell you, even if you have fallen in love with it. I would rather work a little longer and harder, if that is what it takes to get you into the right home.
Thinking of selling Excelsior MN real estate? Please call me at 952-220-6488 and request a complimentary free market analysis of your home. I know this area, the people, and this market. I have been living in the Lake Minnetonka community for many years, and have been serving clients almost as many. As your Excelsior real estate agent, goal is to ensure the most smooth and profitable transaction possible.
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