Earlier this week, cities and counties began sending out 2015 proposed property tax notices, including the estimated market value of your home. In Ramsey County, the assessments increased by an average of 10.4 percent. In Hennepin County, there was an average increase of 8.4 percent and in Anoka County, the average jump was 18.7 percent. So, how do cities and counties figure out how much our homes are worth?
We’ve all heard about staging homes–bringing in special furniture to make the house more attractive and marketable.
But some upscale homes add people to the equation, and if you’re willing to think outside the box, it’s an opportunity to live a luxury lifestyle at a fraction of the cost.
Studies show that more Americans are waiting longer to get married, have kids and buy homes. The highest numbers of those putting off the big commitments are millennials — those in the 20- to 35-year-old range.
Authorities said as many as eight people are displaced from three homes after they were all hit by lightning just south of the Twin Cities Thursday morning.
The Minneapolis City Council discussed the possibility of allowing Accessory Dwelling Units (ADUs) in residential areas on Friday. ADUs, sometimes referred to as “granny flats” or “mother-in-law apartments,” are smaller dwellings that are connected to existing home or situated on the same grounds.
Dozens of firefighters from across Minnesota arrived at the State Capitol on Wednesday to talk about the importance of fire sprinklers. According to fire crews, a deadly fire last weekend could have been prevented if the home had fire sprinklers.
Even with warmer weather in the forecast and the spring home-buying season fast approaching, the Twin Cities remains a strong seller’s market. Inventory remains at a 10-year low. Last month, there were 13,086 homes for sale, down 4.1 percent from a year ago.
It’s been a frustrating early spring real estate market for house hunters in the Twin Cities. Minnesota Association of Realtors Executive Director Chris Galler says there’s usually more for sale by this time in March.
Minnesota property taxes owed this year are mostly static once refunds and credits are factored in, state officials said Friday, despite their earlier prediction that those taxes would drop considerably. A Department of Revenue analysis shows a net $8 million drop in a property tax system that generates $8 billion a year.
About 200 animals that were rescued from a breeding facility in northern Minnesota will go up for adoption in the Twin Cities on Saturday. “We’re gonna have a mad rush at our shelters tomorrow,” said Kathie Johnson with the Animal Humane Society.
If you’ve been on Lake Minnetonka, it’s a house you’ve most likely seen. In fact, it’s hard to miss the nearly 23,000-square-foot property. And it’s going for a comparative steal.
Frost Simula calls himself the poster child for what’s call “predatory remodeling” and now he’s talking about his fight to protect others.
This summer, many Minnesota homeowners are dealing with some unwanted guests. Pest control experts are seeing a boom in carpenter ants due to the wet spring.
The trouble started for Frost Simula just days after he moved into a home in Columbia Heights. Now, he’s on the hook for tens of thousands of dollars. At first, his 2,100 square foot home in Columbia Heights seemed brand-new, but a trail of post-it notes from the last few weeks explains why. He’s found 51 problems with the house.
The National Weather Service says the Red River appears to have crested about 50 miles upstream of Fargo, and it isn’t a top 10 flood.