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What It’s Like Selling the Tiniest, Cheapest House In Minneapolis

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The Home-Peeping Industrial Complex is tough for those who enjoy concepts like ‘class consciousness’ and ‘affordable housing’.I as guilty For years, like everyone else, it’s been squeezing clicks out of the flashy residences of financial executives that circle Lake Minnetonka. The real estate journalist seems bound by his three criteria: best luxury home, unusual house, famous owner’s houseA few exceptions exist to this boilerplate content milling. *my horn too-tooing* of this very Publication.

Years ago, for a slight deviation from the formula, I asked about the challenges in selling the then most expensive Minnesota home.Minnetrista’s $10 million Hawk’s Nest Castle, was declining in the market. (seems to have been pulledthe most recent asking price was just under $6 million. )

“Sometimes people rip off their homes more than they need to. The frustration is usually due to the lack of facilities to manage and care for the property,” said listing agent Mark LaQua, 8 bedrooms, 19 bathrooms.), 22,376 square footers. “As long as you have the right connections with contractors and caregivers, it’s a great life.”

Seeking the exact opposite of that story last week, I stumbled upon the cheapest house currently available in Minneapolis —This north side cutie, hit the market last Wednesday. At $79,000 and 416 square feet, it has the dual characteristics of being the most affordable and smallest single family home for sale in town. And guess what? It has proven to be much easier to navigate than a huge suburban castle.

Speaking with listing agent Kara Cleveland on Thursday, he received two offers at 3754 Penn Ave. N. over the weekend, one of which was conditionally accepted.

“It’s so small, I didn’t know exactly what it was going to be. My first impression was, ‘Who’s going to buy it?'” says Cleveland. “Because I know that some people like small houses and others need more space. I thought it looked really cute on the outside.”

Built in 1912, the one-bathroom, one-bedroom cabin-like cottage boasts a new roof and paneling. Other perks include his larger, cleaner one-car garage and his expansive 5,227-square-foot lot. At this list price, buyers are likely to invest in interior upgrades immediately.

“Depending on how much you like that carpet, you could definitely tear it up,” Cleveland says with a laugh.

The close neighborhood is another selling point, she adds. To keep the exterior looking bright, neighbors bring in fresh flowers to tend the garden while the house is vacant. Not seen in Minnetrista.

Take a photo tour of 3754 Penn Avenue, presented by Realty ONE Group.

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