If you are considering buying a home or townhome in the near future consider living in a townhome. Some of the typical benefits are not having to mow your lawn or shovel snow. Besides that, living in a Shakopee townhome you also have lower insurance due to the assn usually covering the hazard insurance. With new construction townhomes, taxes are often delayed for 18 to 24 months as they are based tax. Other benefits to town home living is that the association often will pay for outside maintenance of the home and cover expenses such as roof and siding. The homeowner often is required to maintain the deck and windows but some communities vary. Make sure to look over the association financials before buying so you know they are in a good position to replace older roofs and siding.
The Shakopee real estate market has inventory so low we have dropped below 100 homes. As of this morning, only 95 home in Shakopee remain without an offer. The market has heated up and many properties are selling quicker than ever. If you go online and search for homes for sale in Shakopee you will see about 145 properties listed, however many of those homes and townhomes are sold either subject to inspection, sold subject to bank approval or waiting on paperwork often from banks. Many MLS listings that are active in Shakopee are short sale listings. Due to banks wanting the short sale realtors to continue to market the property even after an offer, the MLS is plump full of listings with offers that show as “active” mls listings. 32 of the 145 homes currently listed on the mls are listed this way.
Now Is a Great Time to Sell Your Home
With decreased competition, low interest rates and still many buyers searching for homes now is a great time to list your home. If you are realistic with pricing your many properties are seeing multiple offers and offers over listing price.
Homes For Sale in Shakopee
The MLS in Shakopee is loaded and I mean loaded with short sales of every kind. Townhomes for sale, acreage properties, single family homes; you name it. I think much of this is due to when the city of Shakopee developed. A lot of the building came between the early to mid 2000’s when Shakopee real estate was at the height of the boom. Prices have significantly fallen and now many short sales and foreclosures are a result.
Why Buy a Short Sale?
The quick answer, Deals! Short sales are progressing quickly than in the past, but still sloooowly. The most frustrating part of a short sale is that you have no idea or when you can close. Typically short sales in Shakopee can take a minimum of about 45 days, but can drag on for months. Sometimes even close to one year. On the night side buyer typically can get some fabulous deals on properties that are being sold this way. There typically is less demand due to the wait so unlike foreclosures for sale, less chances of multiple offers.
Short Sale Homes in Shakopee For Sale
Below is a list of properties currently on the market. Unfortunately there is no way with the current IDX to differentiate the homes for sale that have offers pending bank approval so if you would like email me at TomScott@Remax.net and I can shoot you over an updated list of homes or townhomes:
Search for new Shakopee MLS listings and staying on top of the current market can be difficult. Working with a local Shakopee Realtor can make that experience a little easier and stress free for yourself. The is market knowledge that a local real estate agent provides can be very beneficial. Especially in a real estate market like we are in today where so many MLS listings listed are either sold subject to inspection, sold subject to third party bank approaval or sold on other contingencies, Realtors see up to as much of one third of the total listing available on the MLS system in a city like Shakopee showing as “Active”, but really not worth your time to view. Below is an up to date list of properties that have only been on the market less than seven days. To set up a showing on any of these Shakopee homes for sale call a local expert at 612-384-2178. We can also set buyers up on an automatic notification of all Shakopee MLS listings that come to the market so you receive them the second they hit the market. This truly is the best way to search as often agents are out showing homes throughout the day and this gives you the best opportunity to stay on top of the local real estate market:
Shakopee Homes For Sale and New MLS Listings
During the month of June there were 54 homes sold in the city of Shakopee with a total volume of $10,556,715. The average selling price for homes during the month of June was $203,014 with an average of 109 days on the market. The average square foot of a home selling in Shakopee was 2,145 which is $91.58 per square feet. The highest sold home was at $459,900 while the lowest sold home was $70,000.
Single Family Homes Sold in Shakopee June 2012
Single Family homes made up 33 of the 54 sold listings in Shakopee during the month of June. The highest selling home was $459,900 while the lowest selling home was at $70,000. Sold homes in Shakopee had an average of 113 days on the market during the month of June. The average square feet of a sold single family home was 2,503 with an average of $102 per square foot. Single family homes had a total volume of $7,946,215 during the month of June.
Sold June Townhomes in Shakopee
The average selling price of a townhome in the month of June was $124,310. Townhomes made up 21 of the 54 sold listings in Shakopee. The average days on the market for a townhome were 104 days. Shakopee sold townhomes averaged 1,616 square feet costing an average of $76.08 per square feet. The highest selling townhome was sold at $249,000 while the lowest was sold at $72,000. Townhomes had a total volume of $2,610,500 during the month of June.
There are currently 157 active listings and Shakopee homes for sales; 72 of these homes currently have offers that are contingent upon inspection or third party approval. When a home is listed as a short sale, the banks require the Realtors listing the property to continue to market the home and look for bak up offers. You can contact myself or another Shakopee realtor to check into the status as most real estate websites do not differentiate the active listings that are sold contingent. To the general public they appear to be active listings. ANNOYING!!! The total volume for the Shakopee real estate market this week is $37,942,196. Listings in Shakopee are averaging about 120 days on the market with an average price of $99.57 per square foot. Homes are selling at an average price of $241,670 while the highest price listing is $1,195,000 and the lowest priced listing is priced at only $69,900.
Single Family Homes For Sale in Shakopee
Single Family homes make up 99 of the 157 listing currently available in Shakopee. 47 of these listings have offers accepted and are pending. These listings average 123 days on the market with an average listing price of $307,762. The average price per square foot of a single family home in Shakopee is $107.78. Currently the highest listing price is $1,195,000 and the lowest listing price is $69,900. Single family homes in Shakopee have a total volume of $30,468,396.
Shakopee Townhomes For Sale
Currently there are 58 townhome listings in the city of Shakopee. 25 of the 58 listings are pending with an offer contingent on inspection or third party approval. The average listing price is $128,859 with an average price per square foot of $85.56. Townhomes in Shakopee are averaging 117 days on the market. The total volume is $7,473,800 this week for townhomes. The highest listing price is $259,900 and the lowest listing price is $69,900
Multiple Offers on Homes
The inventory is down still and properties that are listed are see quick turnarounds, offers over list price and multiple offers. If you are a buyer, be patient and have your Shakopee real estate agent do a market analysis. Just because a foreclosure listing is priced at $200,000, does not mean they won’t get $210,000 or $215,000. Banks try to create demand and the easiest way of doing so if to price the home low and let the market bid up the property. Sellers can be aggressive. With limited inventory even traditional sales are seeing multiple offers on MLS listings.
I think these Allen built Shakopee townhomes are some of the nicest in the area. One thing that differentiates these from the rest of the townhouse real estate market is their size and that they have basements. If you are search for a home for sale in the Shakopee area finding those niche points of differentiation are very crucial in the resale of that house. Upgrades such as a basement, private master bathroom, quiet setting and green space. The Dublin Square development is located just steps from Target, Kohls, Southside Liquer and numerous other stores. Also close by are two elementary schools, Sunpath k-5 grade and Shakopee Area Catholic Schools. Being so close to the schools gives you great access to the local park that are just across the street. Huge playgrounds and many ball fields.
Shakopee Townhomes With Basements
I know I stressed this earlier, but having a basement is so important in Minnesota as it allow great protection during bad weather and can also keep you a little more cool in the summertime. Having a basement gives townhomes more of a house feel as you have multiple living spaces and nooks to get away when needed. Also Shakopee townhomes with basements can allow great set ups for roommates.
Realtor Tour of 1671 Wellington Lane Shakopee MN
Take a tour of one of Shakopee’s newest MLS listings for sale. Listed by Tom Scott of Re/Max Advantage Plus and the Twin City Real Estate Team. For a private showing call 612-384-2178.
Main Level of 1671 Wellington Lane Shakopee
The main level is gorgeous as you enter this brightly lit, end unit, Shakopee townhouse. Transom windows let light flow through the townhome and the vaulted ceilings create and open airy feeling. As you enter like new carpet is throughout the home and this townhouse is pristine as ever. The is a cozy tiled gas fireplace in the living room, separate dining room. Large galley kitchen with breakfast bar, plenty of cabinet space and nice appliances. All appliances do stay with the home, including washer and dryer. Off the garage entry there is a 1/2 bath.
Upper Level of 1671 Wellington Lane Shakopee
The upper level is wide open as you get to the top of the stairs. There are numerous upgrades including the spindled staircase and hardwood floors throughout the upper level hallways and loft. The loft overlooks the living room and gas fireplace. The second bedroom is a good size and also has an opening overlooking the living room. Although this allows for a nice open feel, it easily could be enclosed. There is a second full bath on the upper level separate form the master. The second bath includes a linen closet. Also included on the upper level is the laundry area which is perfect as all your laundry is typically there anyhow. How convenient!
French doors Lead to the private master suite. This is a gorgeous room with large walk in closet, window seat and private master bathroom.
Lower Level of 1671 Wellington Lane Shakopee
The lower level is what differentiates this Shakopee townhome from the rest. Not many have basements at all, but this one is completed with potential to add a fourth bathroom and separate the basement into a family room and bedroom space. The closet is already built in and the basement includes an egress window. This space could be split very nicely and would also have potential where the laminate flooring is to create a wet bar. The bathroom plumbing is just in the other side of the wall.
Other Shakopee Townhomes For Sale
Here are other Shakopee townhoems for sale that are currently listed as “active”. Some properties may be “sold subject to bank approval”, but just give a Shakopee Realtor a call to verify at 612-384-2178 or email us.
Incoming search terms:
- townhomes with basements
This gorgeous two story home at 136 Arabian Ave W in Shakopee shows like a model home in the Countryside development of Shakopee, Minnesota. South of Minneapolis about 25 minutes, Shakopee has many shopping opportunities and is within 15-20 minutes of 4 shopping malls in Edina, Eden Prairie, Burnsville and the Mall of America in Bloomington. Shakopee also has local area attractions such as Canterbury Park horse races, Mystic Lake Casino and Valleyfair.
Shakopee Countryside Development
The Countryside Neighborhood development in Shakopee is a newer development with numerous phases. Where 136 Arabian Avenue is located is in the single family portion of the development phase. The is a park within walking distance only about 1-2 blocks away and just across the street from the Countryside development is the Shakopee High School. The high school in Shakopee offers the most post secondary education classes available in the state. Also near by is the new elementary school, Jackson Elementary in Shakopee. My wife is a 5th grade teacher at the school and the school is just down the street about 1/2 mile. You can take sidewalks all the way there. The community center in Shakopee is also very close only about 1 1/2 miles down Spencer St. The sellers love having the schools so close because they can take advantage of the tennis courts near the home.
Video Tour of 136 Arabian Avenue W Shakopee MN 55379
This home has a walkout main/lower level with room to grow your family. The lower level at 136 Arabian Ave W in Shakopee can be finished to include a 3rd bedroom with large 9×5 walk in closet, house the mechanical room and laundry, a 3/4 bathroom as well as a huge family room around 23 x18. The garage is also over sized at 24 feet deep and 22 feet wide. There is storage space both on the side and in front of your vehicles. Even room for an extended cab truck. This is a very nice feature as many builders make garages so small they are often 20 x 18.
The upper level of Arabian Ave is GOREGOUS. One of the most pristine homes I have even been in! This home shows like a model home and you question is the owners have ever lived here. TOP of the line stainless appliances including a gas range and refrigerator with french doors. The owners also lit this house like a Christmas tree. Numerous lighting upgrades through the home, even in the unfinished lower level. The stairs are equipped with lighting that is set on a sensor when it get dark. The flooring throughout the main level is also upgrades. Very nice neutral carpet throughout the bedrooms and hallway, but in the living room, kitchen and dining room are stunning Brazilian red wood hardwood floors the gleam throughout. This home is move in ready and a great house for one lucky owner.
Showings and Open Houses?
Private showings can be set up on 136 Arabian Ave W in Shakopee with Shakopee Realtor Tom Scott of Re/Max Advantage Plus. If you are already working with a local real estate agent contact them directly. For updated pricing infomation and open houses feel free to email us with any questions.
Tom Scott of Re/Max Advantage Plus invites you to visit our featured Shakopee open house listings for Re/Max and the Twin City Real Estate Team during the weekend of June 2nd and 3rd, 2012.
Open Houses in Shakopee Saturday June 2nd
11:00 am – 2:00 pm The Re/Max Advantage Plus Office in Shakopee will also be holding their Grand Opening of their newly renovated location previously occupied by Edina Realty. There is be food grilled, numerous vendors and children activities.
Shakopee Open Houses June 3rd
Noon – 2:00 pm 6493 Oxford Road S , Shakopee, MN 55379 This is a bank owned Freddie Mac property. Large two story with four bedrooms on the upper level and a HUGE master bedroom.
2:30 – 4:30 pm 6806 Falmouth Curve , Shakopee, MN 55379 This will be the first open house for the 4 bedroom Southbridge Shakopee two story. The home is a walkout with a nice flat yard, 4 bedroom on the upper level, and a gorgeous basement with walnut floors, custom woodwork and a wine cellar.
In total this week ,Shakopee will be holding 13 open houses times for 10 properties. Download our FREE PDF list of Shakopee Open Houses available including times, directions and more. No sign in or information required. Although, if you are not working with a Realtor in the area we would love to help. We do not make our buyers sign contracts the instant we start looking. Most of our clients sign contracts once we find them a home. To search all Shakopee homes for sale you can use our website or call us. For questions call 612-384-2178. Have a great weekend!
Solid Centex built Shakopee home for sale in the Southbridge Classics neighborhood. This home is decked out from top to bottom with many custom features. The home is located on a nice walkout lot with a flat backyard space. Outdoor spaces include a deck, patio off of the walkout lower level patio doors, gardens, nice landscaping and even sidewalks twisting through this family friendly neighborhood.
6806 Falmouth Curve Shakopee MN Video Tour
Features of this Southbridge Classics Shakopee Home For Sale
- Walkout Lower Level
- Insulated Wine Cellar
- Walnut Flooring in the Lower Level
- Custom Woodwork in the Lower Level
- Custom Made Doors
- 4 bedrooms on one level
- Flat nicely landscaped yard
- Sidewalks throughout Neighborhood
- Huge Kitchen
- Large 8×4 Center Island
Listed by Re/Max Advantage Plus in Shakopee
For a private showing of 6806 Falmouth Curve in Shakopee MN contact local Shakopee Real Estate Expert Tom Scott of Re/Max Advantage Plus in the Shakopee office located off of Marschall Road and Vierling Drive. Tom can be reached at 612-384-2178 or at TomScott@Remax.net