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Old 01-04-2009, 10:36 PM
 
Location: Scottsdale, AZ
57 posts, read 101,894 times
Reputation: 20

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I've been looking at different properties and realized the "premier" MN properties are very plain / bland..

Why is that?

If you're going to build a 18,000sf plus home why not cover it in 24k gold, Louis XIV style, etc like in other areas i.e. NY, CA, FL, Las Vegas, Scottsdale, AZ, Dallas, etc, etc.. These homes would need $5M worth of updates... They're kind of embarassing to entertain in..., and these are the largest on the market.

Minneapolis homes for sale by Igotrealestate.com

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Minneapolis homes for sale by Igotrealestate.com
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Old 01-04-2009, 10:41 PM
 
Location: Scottsdale, AZ
57 posts, read 101,894 times
Reputation: 20
sorry try these links

1400 Bracketts Point Road, Orono, MN | Listing Information (http://www.edinarealty.com/Listing/ListingDetail.aspx?Listing=25274699&Image=1&edit - broken link)

1535 Bohns Point Rd, Orono, MN, 55391 - MLS ID#3545389 - Single Family Home Real Estate - REALTOR.com® (http://www.realtor.com/realestate/orono-mn-55391-1099588325/ - broken link)


YouTube - 550 Long Lake Road Orono MN 55391 $6,450,000
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Old 01-04-2009, 10:48 PM
 
Location: Minneapolis, MN
10,244 posts, read 16,364,120 times
Reputation: 5308
I think your main prolbem is that you're looking in Orono.
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Old 01-04-2009, 10:51 PM
 
Location: Scottsdale, AZ
57 posts, read 101,894 times
Reputation: 20
Quote:
Originally Posted by Slig View Post
I think your main prolbem is that you're looking in Orono.
Well most of the 10,000sf plus homes (I used 18,000sf plus above) are found in Waysata, Orono, etc... There are some nice old homes many even 10,000sf +/- in N. Minneapolis area but your not surrounded by enough of them and again they're very old and dated..
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Old 01-04-2009, 11:03 PM
 
Location: Minneapolis, MN
10,244 posts, read 16,364,120 times
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What are your thoughts about the upper echelon homes in Edina and Minneapolis around Lake of the Isles? They aren't 18,000 sq ft but at least they are varied in appearance and have more character.
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Old 01-04-2009, 11:13 PM
 
Location: Scottsdale, AZ
57 posts, read 101,894 times
Reputation: 20
Quote:
Originally Posted by Slig View Post
What are your thoughts about the upper echelon homes in Edina and Minneapolis around Lake of the Isles? They aren't 18,000 sq ft but at least they are varied in appearance and have more character.
Yes, a little more but its weird that in the last six months of viewing homes not one has a Royal-Italian -Versace type look easily found in other areas. Plus with home prices dropping so quickly why not go for the larger sf for what a 6,000sf home cost two years ago. The only additional is taxes and the obvious utilities, other than furnishings.
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Old 01-05-2009, 02:39 AM
 
Location: Omaha
53 posts, read 151,462 times
Reputation: 25
Or you could just get 2.
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Old 01-05-2009, 04:38 AM
 
20,793 posts, read 61,282,830 times
Reputation: 10695
Quote:
Originally Posted by acstr View Post
Yes, a little more but its weird that in the last six months of viewing homes not one has a Royal-Italian -Versace type look easily found in other areas. Plus with home prices dropping so quickly why not go for the larger sf for what a 6,000sf home cost two years ago. The only additional is taxes and the obvious utilities, other than furnishings.
Why, easy, most Minnesotan's have more taste than that-they aren't into the flashy "look at me I'm rich" status thing here. Besides, most people that are buying 6+million dollar houses tend to build what they want, not buy existing.
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Old 01-05-2009, 09:08 AM
 
Location: Minnesota
987 posts, read 3,817,383 times
Reputation: 372
Flashing wealth is no longer in fashion... not that it ever was in MN. Where was I reading that? Startribune?
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Old 01-05-2009, 09:25 AM
 
Location: Minneapolis, MN
10,244 posts, read 16,364,120 times
Reputation: 5308
No kidding, I think if I had $6,500,000 to blow on a mansion I'd probably just pay off the $110,000 left on my house and use the rest of the money to rehab 100 homes and commercial buildings in south Minneapolis. I'd leave the Powderhorn community looking squeaky clean for years to come

Otherwise, if you weren't such a cheapy about it, you could try and buy off the Lakewood cemetery, then use a thousand helicopters to transport it out to the country somewhere and then develop that land into multi-million dollar condos with water-sealed underground parking for all of your and your residents' exotic vehicles. With total respect to those who have passed on and are buried there, that chunk of land between Lake Calhoun and Lake Harriet is worth a FORTUNE.
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