Community Corner
Sold: Recent Home Sales in the Mendota Heights Area
Be prepared to price your home to sell.
While investors seek out fixer-uppers, home buyers looking for traditional homes are cautious about buying in the current market. Many listings do not bring full price, but for homes in the higher end of the market–those above $300,000, the selling price is often not too much lower than the asking price.
The secret is to price your home correctly when selling and be open to lower the price when a home fails to attract serious buyers within a month. Staging a home for sale is also important in any price category except for distressed properties, which are uncommon in the Mendota Heights area housing market.
Find out what's happening in Mendota Heightswith free, real-time updates from Patch.
1) 1320 Riverside Ln. #112, Mendota Heights
Listed by Summit Real Estate Advisors
Find out what's happening in Mendota Heightswith free, real-time updates from Patch.
High rise condo, completed new construction
Two bedrooms, two baths
Days on Market: 74
Closed: April 29, 2011
Original List Price: $319,900
List Price at Time of Offer: $319,900
Sold Price: $309,900
2) 2272 Field Stone Dr., Mendota Heights
Listed by Re/Max Results
Two-story single family
Four bedrooms, four baths
Days on Market: 203
Closed: May 5, 2011
Original List Price: $499,000
List Price at Time of Offer: $475,000
Sold Price: $456,000