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Luxury Homes that have sold in Minnetonka

Luxury Homes sold in MinnetonkaSold Luxury Homes in Minnetonka.

Whether your looking to buy a home or looking to list your home in Minnetonka, it is important that you know what has sold and what is pending.  This will give you a round about value.  Why do I say round about value?  Well luxury homes as you know are not cookie cutter boxes.  What one person thinks is worth something someone may not.  With so few buyers in the upper brackets it is harder to determine value on Luxury home that has sold in Minnetonka unless you’re the buyer or seller.

Let’s say you see a 2 million dollar home sold in Minnetonka.  Let’s dig deeper it was on market for how many days?  If it was on market for less than 200 than the property was priced to move meaning it was worth more to many buyers instead of just one and that is why it sold faster.   Let’s look at another option, the price of the home was at 2.5 million and the seller is starting a new business that will make him or her more money than the house is worth.  If he or she decides it is time to go on the new business they could drop the price in one day 500k and the home should sell fast if it has had previous showings.

Buying or selling a luxury home in Minnetonka or anywhere in the twin cities comes down to what the buyer wants in a home (amenities) and what they’re willing to pay for it.  It is always an option to build or tear down a home and with the prices not being what they are on the east coast or the west coast this is always an option for high luxury home buyers in Minnetonka.

Here is a list of sold Luxury Homes in Minnetonka.

One thing you have to remember is that when you look at sold homes that data is out of date.  The reason why I say this is that the transaction occurred anywhere between 2 weeks and 1 year ago and is now just closing.  You have to remember that deals sometimes take time to close.  The pending Luxury homes in Minnetonka are actually the numbers you should be making your decision on and that you can get from a Realtor like us.

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Luxury Homes in Minnetonka

Luxury Homes in MinnetonkaWhen your looking at Luxury homes in Minnetonka, it is important to take your time.

Luxury Homes in Minnetonka are some of the most beautiful homes in the world.  From the famous Pillsbury Mansion to gorgeous lake front properties you will be very happy when see some of these gems.

 

 

Why is Lake Minnetonka the place to live?

Besides having one of the best school districts in the area the home values continue you to go up.   Some of the most luxurious homes in Minnesota are in Minnetonka.  The lake provides and environment that is like a playground for all people.   Luxury homes in Lake Minnetonka offer some of the best lake views in the summer and great winter activities in the winter.  A lot of the wealthier home homeowners do pack up in the winter and fly south.  To sum it up you have great lake views, great homes and great schools and great people.

What is the drive like to Minneapolis?

Depending on what time your going into the cities your drive can be bad or good.  Also the weather is an interesting since we all know when it is snowing it will be slow but when it is sunny out it seems so many people are in a hurry to get home that they rush and cause accidents.  High traffic times are from 7:30 to 9:30 am and 3 to 6:30 pm.  Otherwise you may get some traffic on 394 when you going in for dinner on Saturday or Friday Night.

Shopping and Dinning Near Luxury Homes in Minnetonka

There are several great dinner places in and around Lake Minnetonka.  Excelsior and Deephaven have great dinner places with Lake views.  Mound is in the center of the Lake Minnetonka area and has Grocery shopping if your in the Minnetrista and Mound area.

 

Here are a list of some Great Luxury Homes for sale in Lake Minnetonka.

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