Savage Townhome Rental | 6-12 Month Lease | Oversized Garage

rental townhomes savageAlthough not in Shakopee I figure, CLOSE ENOUGH, eh! :) I have a client that is renting out their townhome in Savage and I am trying to do everything I can to help find them someone asap. This is a NICE pristine 2 bedroom 2 bathroom townhome within walking distance to Target, Caribou and many other shops. Oversized garage large enough to fit a boat and they will look at a short term lease. Current pricing for a 12 month lease is $1275 per month. This also covers garbage and water.



Back To School In Shakopee Schools!

It’s that time of year and the schools in the Shakopee MN area have started up again. Even though it’s back to school time, the MN real estate market is still kicking! For families that might be relocating or thinking about moving to the Shakopee area, here is an overview of the Shakopee MN School District.

The Shakopee MN School District 720 serves almost 7,000 MN students in all or parts of Shakopee, Savage, and Prior Lake. The MN school district has five elementary schools: Sweeney, Sun Path, Red Oak, Pearson(Jackson), and Eagle Creek. From there MN students move into the Middle school, which is for grades 6 and 7. Shakopee MN is a unique MN school district, because after middle school, students go into the Junior High, which hosts grades 8 and 9. This is located right off of 169 and Marschall Road. Finally students will attend Shakopee Senior High School which has grades 10-12 which comes to a total of about 1,435 students. Shakopee is a good community with good schools, where students are very proficient in math and reading. It is a great place to live and raise a family.

Shakopee, MN is located about twenty minutes southwest of downtown Minneapolis off highway 169 and alongside the Minnesota River. Shakopee has a population of 37,076 and has many activities for its residents. The city has Valleyfair amusement park, Canterbury Park horse track, The Landing which is an 88-acre historic village located on the Minnesota River, and the Renaissance Festival is also associated with Shakopee.

If you are looking for some help in finding MN real estate in the Shakopee area, take a look at our web page The Re/Max Advantage Plus & Twin City Real Estate Team will work with you to exceed your expectations. Even if you are looking in an area besides Shakopee, MN, we could still assist in your MN home search.

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  • shakopee high school

Scott County Community Development Grants- $3000 Down Payment Assistance

This blog is to inform you that there are no longer any Scott County Community Development Agency Homebuyers Club grants available for 2011.

If you are looking to purchase and close in 2011, the grant will not be an option for, however funding for this program is set to begin again in January 2012. Successful Homebuyers Club graduates may be eligible for up to $3000 in down-payment assistance beginning in January 2012.

Homebuyers Club Grant Eligibility Criteria:

  •       Must purchase in Scott County
  •       Must be a  Scott County CDA Homebuyers Club graduate
  •       Must be a first-time homebuyer
  •       Must qualifyfor a mortgage through an approved lender
  •       Must beeligible for the mortgage prior to applying the grant
  •       Must meet income eligibility guidelines OR be an in-good-standing former or graduating participant of a Scott County CDA housing program   (including unsubsidized units)
  •       The purchase price must meet price eligibility guidelines
  •       The amount of the grant must not exceed ten percent of the purchase price


The September Homebuyers Club is currently full, dates for the January Homebuyers Club will be posted at when they become available.


Feel free to contact me with any questions at or 612-384-2178


What’s New in The Shakopee Real Estate Market

Sorry, for not posting in a while, but it has been crazy busy lately getting out team website up, and we have been doing some blog posts recently on that website too. The school year is off and running anf my wife is officially back to work and in her new school, Jackson Elementary in Shakopee. Very exciting to have a new building and many new students as well.

The Shakopee real estate market has been extremely busy lately. It almost seems more like a spring real estate market rather than Fall. Shakopee real estate is booming when homes hit the market. It seems everything that is decent is selling within 30 days,  although the average days on market for Shakopee homes pending is currently at 140 days, which is down! 231 Shakopee homes are currently considered active in the Shakopee real estate market. Still an overwhelming amount of Shakopee short sale listings flood the market as 31 of those 231 are sold subject to bank approval. Good Shakopee homes are hard to find these days. I think we will see more Shakopee foreclosure listings hitting the market this fall. I know after talking with other Shakopee real estate agents with Remax that specialize in the foreclosure market that the banks seem to be holding back. There are great options purchasing some shakopee foreclosures such as Fannie Mae listings. You can buy a Fannie mae listing with only 3% down, no mortgage insurance no appriasal and the bank will agree to pay 3.5% of loan costs, awesome deal!

If you need any help searching for Shakopee real estate or have any questions make sure to reach out to us and we would be happy to help.

FHA Loan Limit Lowered for Shakopee MN Homes

What does this mean for the average first time buyer? Simply you won’t be able to buy Shakopee homes or other MN homes for sale over the new $318,550 loan limit and only put down the minimum 3.5% downpayment. This leads those who purchase Shakopee homes and want to contribute as little as possible their max purchase price with an FHA loan limit will be $318,550.

If your loan is not cleared for closing by underwriting by September 30th, 2011, you will be subject to the new loan limits going into place.

Mattamy Homes in Shakopee Riverside Bluffs

Mattamy homes in Shakopee are offered in the Riverside Bluffs neighborhood, an ideal location with walking and biking trails and open outdoor spaces. This Shakopee neighborhood is fantastic and priced from the mid $200’s. Mattamy homes have designed all two-story homes at Riverside Bluffs and all homes have 4 bedrooms and 2.5 bathrooms with and potential to finish out the basement for and additional bedroom and bath. With a range of square footage, Mattamy homes provide for all lifestyles and accommodates to what space you might in need of.

The most basic floorplan designed my Mattamy homes starts at 2,195 sqft and $279,990, but pricing is always subject to change and this may not include any current incentives Mattamy Homes in Shakopee has running. A spacious first floor has a family room situated off the large eat-in kitchen with Center Island. There is some extra storage space provided by the walk-in closet and pantry in the mudroom. Mattamy pays attention to design with a front porch and large, inviting windows. The upper
level of this Mattamy home has 4 total bedrooms, including the master, and two bathrooms.

An even more spacious Mattamy home boasts over 2,800 sqft and is priced at $319,990. This is another spectacular home with even more great features. Mattamy homes went above and beyond with the main level that includes: dining room, great room, large eat-in kitchen with center island, a study, and mud room with storage space off the 3-car garage. The upper level has 3 great sized bedrooms that share a bath. In addition, the master suite has a large walk-in closet and master bath. Mattamy once again caters to their customers needs with a laundry room on the upper level.

Mattamy Homes started by building their first home in 1978. Their goal is to make the home buying process and enjoyable experience for every homeowner. Mattamy Homes are fully committed to giving you a home that will exceed your expectations. With such a great mindset, they now have more than 50,000 homes in more than 150 communities in Canada and the United States. Their communities begin with acquiring land, designing the homes, planning the streets, and creating the parklands.

For more information, drop me an email and I would be happy to set up a time to show you the model and talk about the builder.

Things To Look Out For When Buying Real Estate

While we all know searching for new home can be exciting, it can also be quite stressful and discouraging. If in the market to buy a new home, paying close attention to certain aspects may help alleviate that stress. The main aspects include electrical, foundation, plumbing, the attic, and landscaping.


New homebuyers would be smart to have a home inspection. That will ensure that if there were problems, they would be pointed out and then could be fixed. Some buyers tend to assume that if a house is new, everything will work just fine. That may not always be the case.


Homebuyers should pay close attention to the foundation of the house. Minor cracks causing lifting and separation are signs that there may be a problem. However, homebuyers also need to keep in mind that homes usually do have natural cracks due to settling. Home inspections will tell buyers whether the cracks are typical or untypical and if they will lead to problems.


While plumbing problems are not easily seen, they can lead to very expensive repairs if not detected. Homebuyers need to be aware that leaks can also lead to mold. Even if the plumbing problem has been fixed, homebuyers should make sure the other problems associated with the leak were also fixed.

The Attic

The attic can tell homebuyers a lot about a house. If a home had a leak and it damaged a wall, a contractor can repair it to look like new and hopefully function like new. Another sign is if it’s an older house and the insulation is brand new, this tells homebuyers that there was a water leak because the insulation needed to be replaced. Homebuyers can also tell if the roof is in decent condition by paying close attention to the wood and if there is water damage.


Homebuyers should take notice to the landscaping around the house. If landscaping is too close, it could cause water damage, which could lead to foundation cracks. When landscaping is properly placed at least 12 inches from the house, the risk of water damage is less.


Homebuyers should learn as much as possible when looking for their new home. Taking time to learn about the home before closing the deal will keep homebuyers from making a mistake and having to spend more money in the future.


Shakopee MLS Listings Not On Market, More Inventory?

WOW, there seems to be nothing on the market and FINALLY when something nice is listed….gone. The Shakopee MLS listings inventory seems to be depleting. I looked today and there were literally only 187 homes that were “available” with so much inventory sold subject to bank approval. short sales and pending Shakopee MLS listings. The good news is homes are selling. I thought about another spin buyers in finding a quality Shakopee home. Buyers can either contact me, Tom Scott of Remax Advantage Plus and the Twin City Real Estate Team, or the Shakopee Realtor they may be working with and we can sift through past expired and cancelled listings. Shakopee MLS inventory that contracts have expired or sells have thought to take off the market for some reason. I see many of these end up being Shakopee short sale listings that go to the bank, but many sellers want to “give the home a break” as they feel once reintroduced to the market there will be more interest. Perfect opportunity to get out of all those multiple offer situation and be proactive. I or your Shakopee Realtor can set up what is called a one time showing contract so the seller does not necessarily need to go through the hassle of preparing their house if the truly do not want to sell at the moment. I ironically sold my Savage townhome this way prior to moving back to Shakopee. We had our home on the market, decided to take it off and then an agent from the Prior Lake Edina Realty office called up and said, “would you still consider selling your townhome”……um, duh, totally. Obviously it would depend on the price, but in most cases the seller will likely save some $$$ and might be able to come down a little more as well. Just a thought. I like to think outside the box and wanted to share an idea if you feel you are at wits end. Another idea we have done was to target market a specific neighborhood, style of home etc. I have sent out a mailing stating we have a buyer who is pre approved, ready to close in “x” time frame, please contact us blah, blah, blah. Good response and another way a Shakopee Realtor can help. So don’t just rely on what Shakopee MLS listings show up on your favorite home search engine,, be proactive. Hope this helps! Give me a call and I can send you a print out of a list in your price range.

Search All Active Shakopee MLS Listings Here


Tom Scott- Twin City Real Estate Team


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  • mls new listing for shakopee mn houses

What Buyers Look For In Your Shakopee Home or Town Home and What Helps Sell It

As the housing market continues to remain relatively uncertain, sellers may be curious on what the secret is to selling their house. Sellers want their house to sell quickly while keeping most of the equity that they have built up in their home. Now, there is no perfect method that guarantees a perfect sale of your home, but there are certain factors that will have an effect on how quickly and for how much your home sells.

1) Price – You need to capture your audience and can do that through price. If priced above the competition, buyers may not even take a look. A price that is just below the competition is likely to get a lot of interest and be off the market sooner.

2) Location – This is still a very important component to your house sale. A lot of buyers are very particular on location. Things like major roads, power lines, and airports may deter buyers from your home.

3) Livability – There has been some growing popularity amongst buyers with livability and amenities. Buyers look for neighborhoods that are close to golf courses, parks, restaurants, and shopping. They also want good schools, walking trails, and welcoming neighborhoods.

4) Condition – A home that is well maintained and ready to move in will sell faster than a rundown home in a good neighborhood. While major fixes are more apparent and usually well appreciated, simple fixes such as new paint and clean carpets can also have an effect.

5) Competitive Advantage – Seller’s cannot think they are the only one in this race to sell a house. Past sales, current listings, and foreclosures are all direct competition with your home. You need to consider what the other homes have to offer and what updates they might have. From there, you will be able to make comparisons in order to price your home competitively.

6) Curb Appeal – It is the first impression that you give to buyers. Keep your lawn and yard maintained and make sure everything is in order while you have your home on the market.

7) Staging – Buyers are looking to be impressed when they walk into your home. Remove clutter, personal items, and make sure the space is clean. This will allow buyers to really appreciate the space without being distracted or only noticing the bad spots.

8) Kitchens – Having a good kitchen can sell a house. Minor updates and remodels such as updating cabinets, counters, and floors are a huge advantage.

9) Agents – Choosing to work with an accomplished and knowledgeable Shakopee real estate agent could be your greatest advantage. They will know the latest market trends; have a network of agents, and numerous contacts to help you find the right home.

10) Marketing – Showcasing your home is most easily done through the Internet to millions of potential buyers. Sellers should work with their agent to develop a solid marketing plan. Since the agent is working for the seller, be sure that they earn their commission and do the job that you expect of them.

Shakopee Inventory Down, Shakopee Short Sales Up

The Shakopee real estate inventory seems to be heading lower and lower, however at the same time Shakopee short sales are increasing. The Shakopee real estate market is moving though. I sold a Shakopee foreclosure listing that I put on the market in less than a week and recently  sold a listing of mine on the west side of town on Madison the same day! I did have a buyer for the listing a few weeks in advance and did notify both parties prior to listing the home. With only 260 active homes on the market, good real estate is hard to find. Shakopee town home inventory also seems to be down with only 38% of the active listing classified as Shakopee townhomes. As mentioned in a previous blog, a frustrating stat shows again how few homes are available. Of the 260 active Shakopee homes on the market, 60 actually do have offers, but do still show as active and this does not include the 70 pending homes waiting to close. Those 60 are Shakopee homes that are either subject to inspection, another home or subject to bank approval (which is essentially short sale listings). That brings me to my next CRAZY set of stats including Shakopee short sales :

  • 75 of the 260 active Shakopee homes are short sales, 29% and a high percentage.
  •  If you include Shakopee foreclosures, 39.6% of the market is distressed, which is actually down thankfully.
  • Of the 200 remaining Shakopee homes without offers, 34 are Shakopee short sales, again another positive sign as we are down to only 17% of the market being short sale listings in Shakopee.
  • Only 32% of the remaining 200 Shakopee real estate listings are townhomes. Typically 42-48% of the total sales annually in Shakopee are townhomes.

I remember a time when it was hard to find Shakopee homes for sale under $200,000, today 92 of the 200 listings without offers are under $200,000 and 32 of those are single family homes. Only 36 homes are listed over $350,000 and 15 over $500,000.