Tag Archives: Plymouth

Plymouth Minnesota New Construction Report for 2012 is Completed!


Posted by John Murphy

You don’t need a report from me to know that new construction is booming in Plymouth, MN.  In fact, the northwest Plymouth area was one of the first places to really turn the corner a couple of years ago as we bottomed out in the real estate market.  Growth in 2012 has only accelerated and given the continued massive investment firms such as Gonyea and Lennar are doing in the area, 2013 and 2014 should see similar activity.

In the full year report for 2012, you’ll find the following comparisons:

  • Wayzata vs. Osseo
  • Wayzata schools – finished basements vs. not finished
  • Osseo schools – finished basements vs. not finished
  • Wayzata vs. Osseo – comparison of finished basements
  • Wayzata vs. Osseo – comparison with no basement finishing
The first data table is found below and compares the homes built in the Wayzata School District vs. the Osseo School District in Plymouth, MN.  All homes were built in either 2011 or 2012 but they closed in 2012 (Jan. 1 – Dec. 31, 2012). The source for this data was the NorthStarMLS system – 13 County Metro. Search was performed by me, John Murphy, Prudential Lovejoy Realty on February 10, 2012.
Plymouth – All
By School District
Wayzata Osseo
Number of Homes Sold 129 14
Average Sold Price $625,028 $545,046
Sold Price as % of Orig. List 99.16% 100.00%
Price per SF $140.64 $153.64
TFSF 4249 3642
Abv. Grd. 3276 3033
Blw. Grd. 972 609
FSZ 1556 1435
BR 4.91 4.5
BA 4.69 4.29
GAR 3.04 3
Lot 0.35 0.3
If you’d like to receive the brand new 2012 Plymouth New Construction Report, please fill out the form found on the page linked.
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Plymouth Dog Park


Posted by John Murphy

The Plymouth, MN dog park, also known as Egan Dog Park, is located in northwest Plymouth on County Road 47 about a half mile west of the Lake Camelot Estates neighborhood is a very popular place.  The city of Plymouth just installed a new asphalt parking lot and new curbing to replace the gravel parking lot.  My photos happen to catch the park when it was nearly empty as it was a weekday at about 2pm.  However, if you come by on a nice weekend day, it’s quite crowded.  It looks like a great place to hang out – if you’re a dog!

Plymouth, MN Dog Park

Plymouth Dog Park

For even more photos, check out the link to my Picasa Web Album for the Plymouth Dog Park.  Also, I just found that there is a Facebook Page for the Plymouth Dog Park.

Check out my other blogs, here and here for more local and national real estate and economic information.


Homes by Tradition Wins Two Reggie Awards for Spirit of Brandtjen Homes in Lakeville


Posted by John Murphy

The following article was originally published by Craig Kamman of Edina Realty. It is reprinted with permission.

The Fall Parade of Homes has finished a successful year.  Many areas have reported great traffic at their model homes showing positive signs that we have rounded the corner on the market.  With the close of the Parade of Homes comes the announcement of the winners of the Reggie Awards.

From the Builders Association of the Twin Cities (BATC):

For more than 40 years, local builders have coveted the Reggie Award statue more than any other. And for 20 years Associates and Builders have entered the Trillium Awards together to showcase their successful partnerships. Winners are selected by judging teams of builders, associates and consumers who visit homes within their category and meet together to select the best example of excellence in design, construction quality and value. Reggie Awards are given to the Builder.

The Trillium Awards were established to honor our associates for their partnership with builders. As Reggie winning homes are judged the very best, so now the Trillium Awards will be given to all entered participating associates in a Reggie-winning home. The winners of this Falls Parade of Homes wereannounced.

I wanted to focus  on one builder in particular, Homes By Tradition.  The reason I want to focus on them is because they won not just one Reggie Award but they won 2 Reggie Awards in this Fall Parade of Homes.  In my opinion, they design and build some of the nicest new homes in the Twin Cities.

click on image to enlarge
The first award they won was for their model at Spirit of Brandtjen Farms in Lakeville, MN.  The model is at 18641 Draft Horse Blvd. Lakeville.
This home is a beautiful “farmhouse” style in the superb setting of their Spirit of Brandtjen Farm community.
This home won the Reggie Award is the $355,000 – $384,999 class. The Trillum Winners for this home were won by Aspen Electric Inc, Glowing Hearth & Home, and Southern Lights.
click on image to enlarge

Homes By Traditions second Reggie Award was also at Spirit of Brandtjen Farms in Lakeville for their model home at 5075 167th Street Lakeville, MN.   This home won the Reggie Award for the $575,000 – $749,999 class.

click on image to enlarge

The Trillium Winners for this home were Aspen Electric Inc., Glowing Hearth & Home, and JJ Vanderson & Co.

This home was a featured model in the Parade for being one of the first to earn the Minnesota Green Path Certification .  Another reason I believe Homes by Tradition is a market leader.

 

 

How does one win a Reggie Award?  It is quite simple, but not very easy.   To win a Trillium Award a Home Builder needs to stand out of the crowd in excellence.  This is done by superior design, attention to detail and value.  The Reggie Award winners are the home builders that are leading the trends and stand out from the rest.

What I think sets Homes By Tradition apart from the crowd is their ability to create warm feeling home designs reminiscent of the traditional homes we all know and love while incorporating all of today’s lifestyle needs and technology creating a New Traditional home.  They are able to implement this feeling effectively as they also design and create neighborhood communities with this same feeling of Home.

Spirit of Brandtjen Farms in Lakeville, MN is a perfect example of the community neighborhood they are able to create and design.  Spirit of Brandtjen Farms is in Rosemount-Apple Valley-Eagan School District #196.

 Check out Spirit of Brandtjen Farms website.

 

 

  

They offer these great neighborhoods throughout the Twin Cities ;  Hampton Hills in Plymouth, Dancing Waters in Woodbury, Heritage Landing in Prior Lake, Cobbelstone Lake in Prior Lake, Argenta Hills in Inver Grove Heights, and Territory in Credit River.

If you have not seen Homes By Tradition homes or neighborhoods, I encourage you to go check at their great designs and home at their models from 12:00 – 5:00 daily.

One of their new neighborhoods that I think is really exciting is Hampton Hills in Plymouth, MN.  They are currently under construction on a second model home, but you can still see their first model home.  I believe we might see the next Reggie Award come from this new neighborhood.   They have a great model there open daily from 12:00-5:00.

Congratulations to everyone at Homes By Tradition.  You earned these awards.

Homes By Tradition President, Dean Nelson Accepting both Reggie Awards
Related articles

(Video) Hampton Hills and Taylor Creek Developments – Plymouth, MN


Posted by John Murphy

Here’s a brief driving tour of Hampton Hills and Taylor Creek in northwest Plymouth, MN.  The clip was made September 25, 2011 during the Parade of Homes.  This tour shows some of the areas where the future development will be built.

For more real estate videos, be sure to visit John Murphy Homes YouTube Channel.


View of Wood Crest Neighborhood from Taylor Creek Development – Plymouth, MN


Posted by John Murphy

I took this photo on Sunday during the Parade of Homes Tour through Taylor Creek and Hampton Hills in Northwest Plymouth.  This is a view north toward the back side of the Wood Crest development also located in Plymouth.

(Click on image to enlarge)

View from Taylor Creek

 

 


Parade of Homes Plymouth, MN – Are Baby Boomers Back? Observations After Touring Taylor Creek and Hampton Hills


Posted by John Murphy

Janet and I had a chance to tour a number of homes yesterday during the Parade of Homes.  We visited the neighborhoods of Taylor Creek and Hampton Hills.  There were a lot of baby boomers out looking at new homes!  I’m used to seeing a younger crowd but this one, at least on this particular day, tilted heavily in favor of the gray haired baby boomers!  It will be interesting to watch this develop and see if it’s a possible trend.

Gorgeous houses…if you get a chance, go take a look.  You can view probably 8-10 homes within 60-90 minutes depending upon your pace.  They are all very close to each other.  Below are my thoughts on touring yesterday.


Plymouth, MN Median Home Prices Declined by Only 2.3% Year Over Year Through August 2011


Posted by John Murphy

According to the latest release from the Minneapolis Area Association of Realtors, Plymouth, MN appears to be flattening out when it comes to home prices.  Through August 2011, the median price for a home in Plymouth has declined by only 2.3% year over year through August.  This is the best performance I’ve seen in a long time.

Most of the news has been that the Twin Cities is declining by 10% or so year over year – see Case Shiller Index links below.  Plymouth has been performing better than that.  The pace of decline in the past year has generally been in the 4-8% range.  We’ll see if this holds as we head in to winter.

(Click on image to enlarge)

Plymouth MN Home Sales Stats YTD through August 2011

 

 

 

 

 

 

 


(Video) Northwest Plymouth MN New Housing Developments – Taylor Creek and Hampton Hills


Posted by John Murphy

Below is a brief video I did as part of my coverage of the new development going on in Northwest Plymouth.  The expansion is quite remarkable and has surprised a lot of people – pleasantly I might add.  Buyers seem happy as they can purchase nice new homes at a substantially lower price than they could a few years ago and builders and developers are selling lots and homes.  The city is happy because they are paid substantial sums for permits and of course they will generate new property taxes.  The Metropolitan Council is happy because of the hook up fees for sewer and water.  Realtors are happy because it means more transactions and thus more commissions.  I suppose the only people not happy about this are the home sellers who have 10-40 year old homes in Plymouth that are trying to compete with the new homes in the $500-$800k price range.  It’s very, very difficult on them.

That said, this video originally was published on my other site at John Murphy Reports.  There will be more videos published regarding the continued build-out of Northwest Plymouth, MN.  Below is a brief video tour of two of the new neighborhoods: – Taylor Creek and Hampton Hills.  This video was done much earlier this summer.

 

If you don’t want to wait for other posts with additional video footage, you can check out my Youtube page.

For more information on real estate, check out my main site at John Murphy Reports.