North Oaks, MN Real Estate News

By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
 Custom designed by ArchitectExecutive 4BR/4BA/4+Car Rambler on 2 AcresStunning, One-of-a-kind Property    
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By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
    Playing basketball outdoors in the summer has it's advantages.  Especially on  a perfect 75 degree day with puffy white clouds, a slight breeze and no humidity. However, in the dog days of summer when the humidity is tropical, the sun is scorching and the mosquitos are rampant, an indoor game might be preferred. This made me think of how awesome it would be to have a personal indoor sport court at home...climate controlled throughout all four seasons.  It is not just a dream idea either. Builders do design them into homes throughout the Minneapolis/St Paul metro. An indoor court at home would be a great place to for kids to blow off steam during torrential summer downpours or after school when snow is piled up along the driveway. It would also be awesome for any  aspiring athlete to...
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By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
In many parts of the country, there are gated communities with gate out front where entrance is limited. Some of these communities have a full time guard to watch the entry and allow approved guests in as necessary. There are not many gated communities in the Minneapolis/St Paul area but North Oaks is close.In the community of North Oaks, while not technically gated, the private road/no trespassing signs are not a joke. This unique development is not specifically a "gated community" but the roads are privately owned by the homeowners. Every entrance to the city is posted as a private road and there is a private security guard watching the entrance or patrolling the streets as necessary.  North Oaks, originally a 5000 acre farm, was developed for upscale, mostly acreage properties, built...
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By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
The housing market in North Oaks, Minnesota saw significant improvement in 2015. This north metro Ramsey County community with private roads, golf course and upscale executive homes increased new listings and closed sales in 2015.  There was also a nice year over year increase in the average sales price which was up almost 9% to $727,159. The amount sellers are receiving on their homes is close to asking their asking at 96.7% which is up over 3% from 2014. The average price per square footage likewise jumped from $154/square foot in 2014 to $179 at the end of the year which is an increase of over 16%. Time on the market to sell a North Oaks home, is down by over 26% with homes taking just over 4 months to sell on average. This is higher than other communities in the metro but with pric...
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By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
 I was watching a handful of boys playing basketball at the as I took lap after lap on the running track last week. Their game was interrupted continuously. Several interruptions were to retrieve a ball from another pick up game using a different hoop but then there was the mom who had to chase down her stray toddler that ran after a bright green basketball on the way to the indoor playground. The young players didn't seem to mind too much. However, the game would have had more momentum without the constant interruptions. While these courts are a great place for a low-key pick up game, it is not a place to get in serious practice. This made me think of how awesome it would be to have a personal indoor sport court at home...especially in a Minnesota winter.  It is not just a dream idea e...
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By Joey Torkildson, Joey
(Keller Williams Premier Realty)
Hold your horses! I'm sure you read the headline and thought, this guy is crazy! All over the news it's talking about the housing industry making a comeback and I'm talking about the home sales going down the toilet. North Oaks, MN is just like anywhere else in the US, let's dive a little deeper, shall we! The Existing Homes Sales Report came out for this month and it noted that sales are down over 3% compared to last month. Uh oh! Don't worry! What doesn't make the main stream media is that home sales across the country are up over 6% compared to last year! And distressed sales are down 11% compared to last year. To me, this means we are that much closer to a very healthy real estate market. Remember folks, the main stream media loves to be dramatic and overwhelm us with manipulated st...
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By Marty Rathmanner, Marty Rathmanner Group
(Keller Williams Premier Realty)
The city of North Oaks Minnesota is one of many cities that I specialize in when selling real estate. I know the ins and outs of North Oaks, as I do with many of the homes. Let's start with with some general informaiton about the city of North Oaks Minnesota. North Oaks is an easy 15-minute commute to both Minneapolis and St. Paul. The City of North Oaks Minnesota has 620 acreas in all and is home to approximately 4500 residents as well as many wildlife species. The community advantages that go way beyond the beauitful scenery. There are private lakes that not only offer swimming, canoeing, sailing and kayaking but there are also areas that provide for picnics or grilling. If you are looking to live in the city of North Oaks and have children or enjoy spending time outside then this is...
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North Oaks Rental homes: Advantages of Buying vs. Renting If you are in the hunt for North Oaks rental homes, hold on for a moment and consider the differences between renting homes versus owning. Since it is more expensive today to rent homes than to buy one isn’t it at least worth it to consider saving some money by buying Minnesota real estate? North Oaks rental homes will typically have the advantage that you can get be released of a lease arrangement in about one year's time. This advantage comes at a cost, however, , in that your rental payments will often exceed those of a house payment. In addition, the security deposit for the rental may actually be more than the entry cost required for buying a home after considering all of the down payment assistance programs available. Final...
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