Minneapolis Homes For Sale | Minneapolis Real Estate
For those looking to live in a healthy, community-oriented city with plenty of job prospects and great real estate, look no further than Minneapolis, Minnesota. Make sure you set up somewhere you really like if you're going to get saddled with a mortgage. Toronto, Canada inspires that sort of devotion in its residents, and so does Minneapolis, MN. To see the vast array of opportunities in real estate, education, and entertainment that await you there, simply read through this website. It was designed by Minneapolis, Minnesota real estate agents to give you an overview of everything you need to know about the city before you buy in.
Minneapolis, Minnesota: The City of Lakes
On the banks of the Mississippi River, north of where it joins with the Minnesota River, lies the city of Minneapolis, Minnesota and its twin, St. Paul, Minnesota. Minneapolis is the county seat of Hennepin County and its 377,000 residents make it the largest city in the state of Minnesota. The name Minneapolis was invented by the city's first schoolmaster from the Dakota word for water (mni) and the Greek word for city (polis). The nickname "City of Lakes" stems from the immense quantity of water delivered to the city's chain of lakes through rivers, creeks and waterfalls.
Culturally, Minneapolis, MN is a progressive city. A high percentage of residents donate time and money to charitable or volunteer work. The city encourages the use of public transit and walking over cars through their Guaranteed Ride Home program and an 11km system of enclosed downtown skyways. Minneapolis has the second highest percentage of bicycle commuters in the nation and was one of the first cities to implement a city-wide public wi-fi internet network. Earth Day organizers have also rated Minneapolis the second best mid-size city in their Urban Environment Report.
Most of the residents of Minneapolis, MN work within the city in industries such as commerce, transport, publishing, technology, and health care. There are five Fortune 500 companies based in the city and four hospitals that have been ranked among the best in the country by U.S. News and World Report. The high literacy rate and availability of post-secondary education has made the city one of the Smartest Places to Live according to a Kiplinger poll.
Though Minneapolis' cold, snowy winters give it the chilliest average temperature in the nation, this doesn't stop residents from enjoying the best designed and financed park system in America. With 770 square feet of parkland per person, city parks are a hub for golf, biking, hiking, fishing, skiing, skating, and horseback riding.
Neighborhoods and Home Styles in Minneapolis, MN
Over 40% of Minneapolis residents are involved with their community by participating in volunteer work. That's the highest percentage in the United States. So it comes as no surprise that the city is also extremely interested in community spirit and the preservation of its image. For this purpose, Minneapolis has been divided into eleven communities, each of which contain between three and thirteen neighborhoods. Each of these neighborhoods has an association of residents under the neighborhood action plan to maintain and revitalize their community.
Minneapolis, Minnesota has a neighborhood to fit every lifestyle. Downtown is a vibrant center for arts, business and young professionals. The University community, which is centered around the University of Minnesota, is a hot spot for students, while the Northeast is home to many of the city's working class professionals. The Calhoun-Isles community has some of the most affluent neighborhoods in the city, like Kenwood, which has mansions lining the parkway. Historic homes in the Victorian, Colonial. Mediterranean, Tudor and Prairie style populate the Lowry Hill neighborhood, many of them now converted to condos popular with the young and hip.
Minneapolis, MN is an average city when it comes to cost of living and housing prices. At 101.9, the cost of living in Minneapolis is just slightly above the national average of 100. The average single family detached home costs roughly $288,000 while townhouses come in around $302,000. Condos range on average from $263,000 to $364,000 while the average monthly rent is around $700.
Contact a Minneapolis, MN Real Estate Agent
We hope the overview of Minneapolis, Minnesota in this website has been useful to you. Our real estate agents exist to help you with your real estate searches and purchases in the Minneapolis area, so if there is anything they can do for you please don't hesitate to contact them for help. Whether you'd like to move forward with your home search or you just have a few questions about the city you need answered, our realtors are here for you.