Dean Foerster

952.484.4722

I started renovating homes in 2000 and eventually became a full time Realtor in 2008 leaving a career in medical sales. I have personally renovated many homes and even torn down two homes and built new. You will find my understanding of homes and the construction process are a huge differentiating factor when it comes to buying or selling a home. I have ranked in the top 25% of Realtors over...

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2013-2018 Silver Award Winner - Top 2% of all Better Homes and Gardens Real Estate agents nationwide University of St. Thomas graduate 1997- Economics Major

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Is it cheaper to tear down or build on a new lot?

About 8 years ago I was touring an older home in Minnetonka on a large lot and I questioned the Realtor on the high price point. His response was that the home was large enough to separate and there was a second lot behind it. The value he had placed on the second lot was extremely high. He mentioned that he is also an appraiser and he went back several years to find the last sold lot in Minnetonka (that would have put those sales in a time period before the Great R...

Nov 28, 2017 ‧ Tips and Advice

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