Best Neighborhoods in Minneapolis to Buy a House
As in most parts of the country, looking for the right entry-level home has become quite a challenge in the Twin Cities. The primary difficulty comes from the brusque supply, with domicile inventory – particularly starter homes – at its everyman since the recession.
If you lot're a first-time homebuyer looking for an affordable property, it will help to recall out of the box. Instead of circumscribed your search to well-known residential areas in the Twin Cities, consider some of the area's emerging neighborhoods where you can however find plenty of desirable options.
Here'south a wait at some of these neighborhoods.
Folwell
Located at northwest Minneapolis' Camden Community, Folwell has been named one of the hottest "metro home markets" for 2017. The average home prices hither are still well below the Minneapolis index only this could change soon, given the rising demand for real manor in the area. This family-friendly neighborhood is an ideal sleeping accommodation community, with a travel time of less than 20 minutes to Minneapolis. The housing stock is fabricated up largely of single-family homes built in the mid-20th century, giving the neighborhood a charmingly traditional vibe enhanced by amenities like baseball parks, lawn tennis and basketball courts, and a community park.
McKinley
This tranquil residential neighborhood is found correct on the shores of the Mississippi River in northwest Minneapolis, less than x minutes away from the urban center. Equally with Folwell, home values here are significantly lower than in Minneapolis but have been steadily rising due to the increasing need. The housing stock is predominantly fabricated up of 1- to 2-story single-family homes built between 1910 and 1930 along picturesque tree-lined streets. Some of Minneapolis'southward highest hills are found hither, providing the neighborhood with a breathtaking backdrop.
Windom Park
Located at the northeast section of Minneapolis, Windom Park is just minutes away from the big city but has blissfully maintained its minor-town, abroad-from-it-all amuse. It has an active commercial corridor in Cardinal Avenue, giving residents quick access to urban amenities. Home values in the neighborhood have been chop-chop rising but buyers can find enough of options with properties coming in a wide range of prices. Unmarried-family homes boss the eastern quadrant, while multifamily properties are arable in the western quadrant, especially effectually Fundamental Artery.
Highland Park
Sitting on the border of St. Paul and Minneapolis, Highland Park is a desirable neighborhood that's fast condign a popular choice among homebuyers. The good news is, Highland Park backdrop come in a broad range of prices, offering options to buyers of various budgets. While there are upscale homes priced well above the Minneapolis average, there are besides more affordable properties that pack in plenty of small-boondocks charm. The neighborhood's namesake park offers a wide array of activities and attractions, and the stunning Minnehaha and Hidden Falls are just minutes away.
Minnehaha
This mannerly south Minneapolis neighborhood is located between Lake Nokomis and Minnehaha Falls Park, giving residents plenty of outdoor recreational opportunities. With its rich natural surroundings and longtime local businesses, Minnehaha has a rustic, land feel, yet is a user-friendly 20-minute drive to Minneapolis. Real manor values hither have also been rising just remain generally affordable.
If you're looking for a starter home in the Twin Cities, we can help you notice the perfect belongings in the neighborhood that meets your needs and preferences. Abode sellers can also call Scott Haubrich at (612) 298-5400 or send an e-mail to scott(at)buyrentsell(dotted)com.
Source: https://www.buyrentsell.com/blog/twin-cities-neighborhoods-for-first-time-homebuyers/
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