Guess How Much: 1922 Minneapolis Home with 1 Bedroom/1 Bath, 400 FSF
“Location” x 3
Test your knowledge of today’s Twin Cities housing market, and guess how much this Spartan-looking, 400 square foot cottage in South Minneapolis is listed for:
A. $89k
B. $149k
C. $249k
D. $400k
Before I give the answer, here are a couple clues:
–-The property is located just west of Cedar Lake, in a neighborhood where homes fetch $600k to more than triple(!) that.
–-According to Hennepin County, the home sits on a 50′ x 127′ lot (the standard lot size in Minneapolis is 40′ x 120′).
–The interior (such as it is) was completely updated last year.
–-There are at least a dozen new homes and major remodels in progress within 3 blocks.
Just in case there’s any doubt . . . the correct answer is “D. $400k.”
See also, “The $10,000 Cedar Lake Cabin (But, Good Luck Buying it For That)“; and “Guess How Much?.”
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