Twin Cities Houses for Sale - Melissa Tattersall - Bridge Realty

Just listed: 14568 Beverly Lane, Savage, MN 55378
MLS: 6377477

Beautiful, 4 bedroom, 3 bathroom, 2 car garage, all new home interior, move-in-ready, located in the high-demand Chadwick Park Community. End unit twin-home has one-level living with plenty of space! The main floor includes two bedrooms, two bathrooms, large eat-in kitchen, dining room and living room with a gas fireplace. Also includes a sunny four-season sunroom that walks onto deck. The finished lower level has full sized windows for a bright space with sliding door access to the patio. Includes a large family room, a 3/4 bathroom and two additional extra-large bedrooms with walk-in closets. The lower level also includes a utility room with plenty of space for storage. All in a convenient location near plenty of shopping and dining options. New kitchen, bathrooms and flooring throughout the house. Plus $4000 in new blinds. New kitchen appliances, reverse osmosis system, furnace with HRV air exchanger, water softener, water heater and new coil installed in the air conditioner unit.

Happy Thanksgiving! Today I'm thankful for a career I'm passionate about that allows me to help others find their dream homes. What are you thankful for?

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Each year Pantone announces their color of the year and this year they gave us two! If you’re looking to refresh your space or are preparing to sell, try these two colors on for size. You can’t go wrong with these classics.

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Wondering if you can put down less, or afford more? I can help you navigate this tricky process! Send me a message – I'm here to help.

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Looking for something to do this winter? How about flipping a house in S Mpls? Message me if you are interested.

Three Ways to Win in a Bidding War With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common.

Have moving on your mind. Give me a call!

August 2020 Newsletter Optimism is the most important human trait, because it allows us to evolve our ideas, to improve our situation, and to hope for a better tomorrow.

Please keep me in mind when you start looking to buy or if you’re thinking about selling!

Where Is the Housing Market Headed for the Rest of 2020? Some Highlights: The housing market is forecasted to finish the year with growing strength. Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise. If you’re thinking of buying or selling a home this year, reach out to a local real estate profes...

The Tally Is In: These Are 10 Of This Year's Best Houseplants According to green thumbs who know.

Interest rates are low! When you’re ready to buy let me know.

Mortgage Rates Hit Record Lows for Three Consecutive Weeks Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%.

Taking Advantage of Homebuying Affordability in Today’s Market Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception.

When you’re ready to move let me know!

Is the Health Crisis Driving Buyers Out of Urban Areas? The pandemic has caused consumers to re-examine the components that make up the “perfect home.”

Need help selling your house? Contact me for help!

We have two ears and one mouth so that we can listen twice as much as we speak.

- Epictetus

Frequently Asked Questions

About the Home Appraisal Process

Whenever a buyer is purchasing a home using a mortgage loan, the appraisal is an integral part of the transaction. However, as with many steps in the home buying process, appraisals can be mystifying—particularly for first-time buyers. Here are answers to a few common questions to help clear up any confusion surrounding home appraisals

- What is a home appraisal? During a home appraisal, a licensed, professional appraiser compiles data on a property in order to accurately determine its market value. The appraiser typically conducts a visual inspection of the home—noting its location, size, and amenities—and considers information such as the recent sales prices of similar properties, area market trends, and more.

- What is the purpose of an appraisal? While appraisals are useful for both the buyer and seller, they are performed mainly for the mortgage lender’s benefit. Since the home serves as collateral for the mortgage loan (the lender will sell the home to recover their money if the buyer defaults), the appraisal helps the lender ensure that they are not loaning more than the home is worth.

- Who pays for the appraisal? Although the appraisal is ordered by the lender, the buyer typically pays. The cost of appraisals varies by location, but is often several hundred dollars (which is paid as part of the mortgage closing costs).

- What happens if the appraisal is lower than the contract price? If the appraisal comes in at or above the price that the seller and buyer have agreed to, the sale proceeds as planned. However, if the appraisal is lower, the mortgage lender may not move forward with the loan. In this case, the buyer often uses the appraisal as a tool to try to secure a lower sales price. But if the seller believes the appraisal is inaccurate, they may seek a second opinion from a different appraiser.

Sources: investopedia.com

Let me know when you’re ready to buy!

Homebuyers Are in the Mood to Buy Today According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low.

Ready to make a move? Give me a call!

Want to Make a Move? Homeowner Equity is Growing Year-Over-Year One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country.

A Minimalist Home Can Reduce Stress and Improve Your Well-Being, Experts Say Less is definitely more when it comes to your living space.

Ready to sell? I’m here to help.

Experts Say These Kitchen Trends Will Be Everywhere in 2020 See all the finishes, colors, and fixtures that will be big in the new year.

Home Prices: It’s All About Supply and Demand As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come.

Easy Home Improvements that Offer a Strong Return on Investment (ROI)

When your home is for sale, you might wonder which upgrades would maximize your price and attract a buyer more quickly. Home improvements don’t always pay off—before embarking on a project, it’s important to consider the likelihood that it will actually increase your home’s value enough to leave you with a profit margin that renders your time and effort worthwhile.

- Create a more open floor plan. Open floor plans seem to be more popular with each passing year. By strategically knocking down a wall or two—particularly around your kitchen and living area—you can create a more open floor plan that makes your home look brighter and more spacious and offers a convenient gathering space. However, it’s advisable to consult a contractor to ensure that you don’t eliminate a support wall.

- Tidy the landscaping. When prospective buyers arrive at your home, the landscaping is one of the first things they notice—and an unkempt yard may give the impression that the home is not well-maintained. According to a 2018 survey from the National Association of Realtors®, simple actions like pruning shrubs, laying mulch, mowing the lawn, and planting flowers on an average-sized property yielded a 100% ROI.

- Touch up exterior paint. Paint touch-ups offer an easier, more budget-friendly alternative to repainting your entire house. To create a newer look, simply paint over any areas that are chipping or peeling, pressure wash the exterior to clean dirty spots, and consider applying a boldly colored coat of paint to the front door as a way to make the entrance pop.

- Upgrade kitchen and bathroom hardware. Faucets, doorknobs, and cabinet or drawer pulls may seem insignificant—but having outdated versions of these items can make your home less appealing to buyers. Fortunately, this is an easy and inexpensive fix. Consider replacing any older hardware with brushed nickel, oil-rubbed bronze, or stainless steel.

Sources: homelight.com & nar.realtor

Interested in selling. Let me know!

6 Reasons Why Selling Your House on Your Own Is a Mistake There are many benefits to working with a real estate professional when selling your house.

April Sales Increase While New Listings and Pending Sales Sink In an economy battered by a global pandemic and locked down by a state-wide Stay at Home directive, the Minnesota real estate market showed surprising resiliency in key areas.

Let me know if you’re ready to make a move!

A Surprising Shift to the ‘Burbs May Be on the Rise While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods.

Will Home Values Appreciate or Depreciate in 2020? With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted.

How to Continue Your Home Search During the COVID-19 Pandemic

Generally, spring is the busiest season for real estate—but as with most other areas of life, the COVID-19 pandemic has rendered this spring unimaginably different. A few short months ago, many places were experiencing a strong seller’s market, with high demand from buyers and low housing inventory. However, due to “social distancing” measures, many prospective buyers are delaying their house hunts.

- Scour listing photos for red flags. Since you might not be able to instantly see a home in person, pay particularly close attention to what the listing photos are showing you—and what they’re not showing. For example, if there are more photos of the exterior than the interior, it could be an indication that the interior needs work; if the blinds are closed in a photo, they could be hiding an unappealing view; and if photos appear stretched out, they may have been modified to make rooms appear larger.

- Ask your realtor or the listing agent to give you a more realistic view of the home via FaceTime. After reviewing the listing photos and virtual tours, think about concerns you may have or parts of the home of which you’d like a more up-close view. Coordinate with the agent to show you these spots using FaceTime.

- Scope out the neighborhood. As always, location is arguably the most important factor to consider when you are choosing a new home. Fortunately, tools like Google Earth allow you to get a feel for a neighborhood without leaving the safety of your current abode.

Sources: realtor.com

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