A Diagram is Worth 1,000 Words: “Stale < ???? > Fresh””

Your Adjective Here: “Slightly Stale?” “Pre-Tired??”

A picture is famously worth 1,000 words.

But, so is the right diagram.

The one above (“Stale < ??? > Fresh”) perfectly captures my reaction to the 2003 Parkwood Knolls (Edina) home that I just previewed for a client.

Listed for $1.85 million, the 6,500 square foot home features a glorious, open floor plan both on the main and lower levels; over-the-top finishes and built-in’s; 5 large Bedrooms (all en suite); and a gorgeous (and gigantic) eat-in Kitchen.

Despite all those things, the home lacks a certain “zing” (“zip??”).

I attribute that to everything being 16 years old:  certainly not so dated as to warrant major remodeling yet, but also very much not new anymore, either.

Ironically, those in-between, “no man’s land” homes can be tricky for Sellers and Buyers alike (and their agents!) to price.

My gut tells me that homes in what I’ll call “pre-tired” condition sell for a discount of 10% – 15%.



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