Minneapolis – St. Paul Condo and Loft Homebuyer’s Guide

Minneapolis St Paul Urban Loft

If you’re looking for an urban home in Minneapolis or St. Paul that features attractive interior & exterior design, modern amenities and a low-maintenance lifestyle in the Twin Cities, a condo or loft may be the right choice for you.

A condo is referred to as an individual unit in a low to high rise building. You can find anywhere from traditional to modern condo developments.  Also, the shared amenities (amusement/party room, roof top deck, and exercise room) can vary from building to building.

The Homeowners Association (HOA) manages and governs the condo community, collect the monthly association dues and maintains the common areas.

Lofts are usually located in converted old factory or warehouses in the city. Lofts is a nice alternative for individuals who enjoy the benefits of urban living. The lofts floor plans tend to be more open space, higher ceilings, brick or concrete walls, etc.

Minneapolis St Paul Lofts

If you’re considering buying a condo or loft, follow the steps listed below:

Step 1: Weigh the Advantages and disadvantages.

The condo lifestyle can be an attractive choice for most potential buyers,

Some of the advantages of living in a Condo or Loft buildings are listed below:

  1. Low maintenance
  2. Sustainability. You will find some condo developments have eco-friendly features.
  3. Some condo developments have resort-like amenities, such as pools, fitness facilities, roof deck with views, and valet service.

Step 2: Find a Minneapolis- St Paul Urban Realtor Who Knows the Market

Some individuals who are looking to buy a condo or loft are entry-level buyers. These new first time buyers should consider finding a real estate agent who has local experience with selling condos & lofts and who can explain the buying process

A knowledgeable local Real Estate Agent like RE/MAX Results – Shannon Lindstrom can help in your property search, whether you’re a first-time homebuyer or experienced. Shannon can help you achieve your goal of homeownership!

Step 3: Know What to Look For

Be a smart shopper. Some of the questions you should ask your Realtor once you’ve narrowed your search are listed below.

How many units are owner-occupied?

If a high percentage of units are rentals, it might affect the property’s value or difficult to obtain certain mortgage loan products.  

How is the building maintained?

When you buy or own a condo, you have vested interest in the common areas. You should view the common areas to make sure they are well maintained by the Homeowners Association management. If the hallways are dirty than it might be a red flag the management company is not running the building as well as it should.

Step 4: Get to Know the HOA

Homeowners Association (HOA) is an association or group established by the project developer The HOA is also responsible for collecting monthly association fees. And maintaining the common areas.

In addition to these financial responsibilities, the Homeowners Association (HOA) can easily change the rules governing the property, like the operating hours of the pool or fitness center and the size or number of dog and/or cats that you can have. 

Step 5: Consider Insurance

You find majority of the condo & loft developments in Minneapolis and St. Paul have hazard insurance, which covers the exterior of building and also for the common areas. The insurance fee is usually included with your monthly association fee.

Even though the building is insured, condo and loft owners should consider buying an insurance policy (HO6) to cover their belongings inside their unit. A HO6 Policy is a separate homeowner policy to ensure the contents of the home, similar to renter’s insurance. You find some associations require a condo or loft owner to purchase a HO6 policy. It’s important for the buyer and/or owners to read the association rules & regulations, covenants and declarations for the development to find what is required.

If you’re looking to buy or sell a condo or loft in Minneapolis or St Paul, please feel free to contact RE/MAX Results – Shannon Lindstrom, Urban Real Estate Agent @ 612-616-9714 or visit www.ShannonLindstromRealtor.com today.

Where to Find Great Lofts to Buy in Minneapolis

Minneapolis Lofts

The city of Minneapolis is known for its unrivaled beauty when it comes to lofts with a stunning view of the city.  You can find an abundance of lofts in the city, which offer a quiet comfort with luxury amenities at any price range which suits you.

Boutique Style Lofts

The North Western part of Downtown Minneapolis is known for their unique, boutique style lofts, which feature a number of old- style, vintage themed houses. These are buildings which have a number of well- styled and luxurious condos in them. You will find a number of amenities, including indoor heating, a fitness area, and a security system.

Stylish City Loft

Warehouse Lofts

Located all over downtown Minneapolis, warehouse lofts are extremely popular because of their spacious interiors and fantastic views. Many lofts are also equipped with urban patios. These lofts are perfect for those people who work and study in downtown Minneapolis. There are several luxury facilities included in the lofts, including storage units, outdoor maintenance, and trash and sewage treatment systems.

Modern Lofts

Located mainly in the center of downtown Minneapolis, modern lofts in the area consist of a lot of contemporary designs with free flowing interiors. These lofts stick to the gritty aesthetic of original lofts, without losing touch of their modern side. These lofts offers something for everyone.  You find some of the shared amenities may include building security systems, free cable, exercise room, amusement/party room, and outdoor maintenance.

Urban Living Lofts

Located mainly in the northern part of downtown Minneapolis, urban living lofts offer a culmination of other other types of designs, such as industrial and modern features. These lofts are most modern in their build, and offer a combination of one, two, and three bedroom lofts. The amenities that urban living lofts offer include community centers, rooftop patios, fitness areas, and indoor heating.

Luxury Condos

RE/MAX Results
Shannon Lindstrom, Realtor®, AHWD, GREEN, NCS
Direct: 612-616-9714

Are you looking to purchase and renovate a condo or loft in Minneapolis?

Minneapolis St Paul Urban Condo

The Minneapolis Condo market has attractive offering for first time buyers and also experienced condo buyers. A mortgage is readily available for individuals with a residential condo who are looking to renovate their property within a condo association permitted guidelines.  If you have a condo with very wide rooms which you want to break down into smaller rooms or install permanent fixtures like a walk in closets, remodel a kitchen and/or a bathroom, then you can apply for a mortgage to carry out the renovations.

Downtown Condos & Lofts

Both banks and individual mortgage companies provide loans to fix up condos in Minneapolis metro area and also in the suburbs depending on the zoning laws and your financial condition. The amount of loan that is given to you and the terms of interest and repayment will also be fixed on the value of the unit and renovations you wish to carry out on the same.

Things to keep in mind while seeking finance to renovate a Minneapolis condo

Using contractor to make changes – When you are planning to carry out some major masonry and carpentry work on your condo, then it is best to seek the advice of an experienced and approved contractor who can give you a clear estimate about likely costs and the time required to complete the changes.  You can seek contractor referrals via the internet or ask others for references.  

Condo regulations – In general all condo owners are subject to special rules and regulations of the Owners Association and have to pay for a monthly association fee for the maintenance of common areas like parking lots, security and cleanliness. You will have to check with the condo association and/or their architecture community for approval before carrying out any structural changes in your condo as it may lead to objection by others.

Understanding the refinance and renovation loan contract – Though there are strict regulations about renovation, there are chances that you may have been given an attractive offer by a mortgage lender. Read every part of your home improvement mortgage contract to understand how much you are paying back as interest and how much is being actually used to carry out the renovation.

The Fair Housing Act ensures that no discrimination is made on housing related transactions whether it is mortgages or home improvement loans. Lenders cannot deny funds or offer unfavorable terms to borrowers on the basis of their race, color, national origin, religion, sex, familial status or handicap (disability), if they are financially capable of paying it back.


RE/MAX Results
Shannon Lindstrom, Realtor®, AHWD, GREEN, NCS
7373 Kirkwood Court North, Ste. 300
Maple Grove, MN 55369
Direct: 612-616-9714

Experience Minneapolis Downtown Living Condo & Lofts

Modern Loft Minneapolis St Paul

The Downtown Minneapolis has numerous opportunities for real estate buyers looking for condos & lofts within walking distance of local coffee shops, restaurants, shopping, theatres, Target Field, and public transportation.

Coffee Latte

There are three neighborhoods within the boundaries of downtown Minneapolis borders: Downtown West, Downtown East, and the North Loop.

Downtown West: The high-rise condos are within walking distance of the Nicollet Mall, Orchestra Hall, Minneapolis Central Library designed by Cesar Pelli, downtown skyway, and also public transportation. The downtown Minneapolis is also home to some major Fortune 500 business including: Wells Fargo, US Bank, Ameriprise Financial, and Target Corporation.

In June, you can enjoy watching from the side-lines- the Twin Cities Pride Parade followed by the Aquatennial Torchlight Parade in July.

Please find below a few condos in the Minneapolis downtown east location:

The Ivy Residence
The Crossings – Skyway Access
Riverwest Condos
Skyscape – Green friendly condos
The Carlyle Condos
Grant Park Condos
Six Quebec Condos
Centre Village Condos
Sexton Condos

Downtown Minneapolis Neighborhood Associationw

Please find below a few coffee shops, restaurants and nightclubs in the Minneapolis downtown east location:

Caribou Coffee
Dunn Bros Coffee
Bean Counter Coffee Company
Keys Café
Buca di Beppo Restaurant
Hell’s Kitchen
The Oceanaire
8th Street Grill & Tavern
Gluek’s Restaurant & Bar
Midland Bank Bar
Dakota Jazz Club & Restaurant
First Avenue & 7th Street Entry
Gay Nineties Theatre & Café

LundsGrocery Store

Downtown East: Historic to newer lofts & condos within a short distance of the light rail, the Guthrie Theatre, the Mill City Farmers Market, Mill City Museum, and the Mississippi River. The neighborhood is home to the Gold Metal Park is an 8 acre park along the Riverfront. The Stone Arch Bridge is a breath-taking site from the view of a loft baloney.

In the winter months, you can enjoy ice skating at the historic Depot.

You will find below a few condos & lofts in the Minneapolis downtown east neighborhood:

North Star Lofts
Humboldt Lofts
The Whitney Landmark Residence
Park Avenue Lofts
Washburn Lofts
Bridgewater Condos
American Trio Lofts

Mill City Neighborhood Association


Please find below a few coffee shops, restaurants and nightclubs in the Mill City District:

Mill City Roasters
JJ’s Coffee at Open Book
Kindee Thai Restaurant
Spoonriver Restaurant
Mill City Nights
Mill City Tavern

 Minneapolis-North Loop: Historic warehouse district has old factories and warehouses that have been converted lofts a long with newer, modern condo developments with a short walking distance of local coffee shops, restaurants, art galleries, Target Field, the Mississippi River, and also the Northstar Commuter Rail and also the Metro Transit Blue Line.

Please find below a few condos & lofts in the Minneapolis-North Loop location:

SoHo Lofts
Tower Lofts
801 Washington Lofts
Rock Island Lofts
5th Avenue Lofts
710, 720, 730 Lofts
Harvester Lofts
Bookman Stacks
Bookman Lofts
918 Lofts
Lindsey Lofts
212 Lofts
Itasca Lofts

The North Loop Neighborhood Association

Please find below a few coffee shops, restaurants and nightclubs in the Minneapolis-North Loop location:

Janine’s Coffeehouse
Dunn Bros Coffee
Corner Coffee
The Loops Restaurant
Black Sheep Pizza
Monte Carlo Restaurant
Whole Foods – Grocery Store

RE/MAX Results-Shannon Lindstrom, Minneapolis-St. Paul Urban Realtor, AHWD can help you achieve your goal of downtown Minneapolis condo/loft living, feel free to contact Shannon at 612-616-9714 or email at Shannon@ShannonLindstromRealtor.com today.

Visit www.ShannonLindstromRealtor.com

Minneapolis St Paul Loft

Minneapolis Relocation

Minneapolis MN

Are you thinking or planning to relocate to Minneapolis in the near future. It is important to find a local Twin Cities Realtor who understands the stressors of moving to a new city and has knowledge of the local real estate market place. RE/MAX Results – Shannon Lindstrom, Realtor specializes in relocation and she works the entire Minneapolis, St. Paul and surrounding suburbs.

Shannon has personally experienced corporate relocations, so she understands it can be stressful moving to a new city. When an individual and or a family relocate, it is not an easy task. Shannon’s advice is to do your research. The cost of living in every city is different.  Many years ago, Shannon Lindstrom and her family had relocated from Minneapolis, Minnesota to other states for business purposes.  At the time, she had calculated the monthly living expenses were going to increase, since the cost living was higher in that specific city and state. Before she had traveled to that specific location to find a new home; Shannon had researched the local school districts, the real estate market, the property tax rate, transportation costs, etc…

When Shannon & her family relocated back to the Twin Cities, she was well prepared for the move.

Please find below reference links:

Minneapolis Neighborhood Information


Minneapolis Public Schools


Minneapolis Private Schools


Minneapolis Colleges


MN Day Care Resources


Minneapolis Chamber of Commerce


City of Minneapolis – Living in Minneapolis


Minnesota Cost of Living


City of Minneapolis- Utility Companies


Minneapolis Pollution Control Agency-GREEN Living Resources


Minnesota Health Scores


Minneapolis Crime Statistics and Reports


Twin Cities Transplants


Things to Do In Minneapolis


Grand Round National Scenic Byway


NE Minneapolis Art District


Walker Art Center


Minneapolis Art Galleries


Minnesota Orchestra Hall


Theatre In Minneapolis


Children’s Theatre Company


Minnesota Children’s Museum


Minnesota Zoo


Como Zoo and Conservatory


Do you love sports?


Minneapolis Vikings



Minnesota Twins






Minnesota Wild


University of Minnesota Gophers Sports


Minneapolis is number five for the Top 10 Best Cities for New College Grads 2014 by Livability.com.


The Twin Cities is home to many Forbes 500 companies.

Please find below a few corporations with headquarters in the Twin Cities metro.


Holiday Companies

The Toro Company

Eden Prairie


Golden Valley

Allianz Life

Generals Mill Corporation


3M Corporation


Ameriprise Financial

Target Corporation

 U.S. Bancorp


UnitedHealth Group


Best Buy


Cargill Corporation

If you are looking for a Minneapolis Realtor who specializes in relocation, please feel free to contact RE/MAX Results – Shannon Lindstrom, Realtor at 612-616-9714 or email at  Lindstrom_S@msn.com today.

Moving to Minneapolis MN

If you’re looking for Twin Cities Realtor to help you locate a new residence, please feel free to call, text, or email me at your convenience.

RE/MAX Results
Shannon Lindstrom, Realtor
Direct: 612-616-9714

Contact Shannon Lindstrom Realtor