Northeast Minneapolis – Audubon Park is a green-friendly neighborhood. Audubon Park has plenty of parks for the residents and it’s visitors. The Audubon Park Recreation Center has basketball courts, soft ball field, tennis court, picnic area, community gardens, and more. The Farmers Market in Audubon Park is awesome!
Audubon ParkReal Estate
There are quite a few single-family homes in the area that were built in the 1960s. Homebuyers in variety of price ranges can potentially locate homes in Audubon Park. Most of the single-family homes in the area are owner occupants. There is a small percentage of rentals. The Audubon Park residential area is located near the highway and provide plenty of street parking.
Lifestyle in Audubon Park
Audubon Park offers a simple lifestyle for its residents. Most of the amenities like groceries, coffee shops and restaurants are within a short walking distance. There are plenty of schools in the vicinity. A small walk through the pedestrian friendly roads is sufficient to run your errands. Less traffic makes driving around in the neighborhood a pleasing experience.
Parks like Silver Point Park, Deming Heights Park and Columbia Park offer recreational opportunities for the residents of Audubon Park. Residents can also enjoy the advantages of golf courses and bike and walking trails. The Northeast Minneapolis Arts District and an off-leash dog park are also situated near Audubon Park.
Planning the Neighborhood
A planning procedure was undertaken in the Audubon Park neighborhood in the late 2007 and early 2008. The objective of this planning was to direct the kind and magnitude of the growth in the future. Minneapolis 2040 Master Plan is extensive plan which aims to increase growth and changes in the city.
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.
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:
Sustainability. You will find some condo developments have eco-friendly features.
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.
A condominium (condo) development is a building with multiple units where each unit is owned by an individual. The building usually has common elements and/or shared amenities which may include the following; exterior courtyards, rooftop decks, exercise rooms, amusement/party rooms, etc… Condo buildings can range from low-to-mid-to high-rise buildings.
If you buy a condo, you own only the interior of the unit while the building owner owns the rest of the building area and property.
A townhouse is a single to multi floor residence with their own entrance. The townhomes usually will have anywhere from three to five units in a section.
If you buy a townhouse, you own both the interior and exterior of the individual townhome unit. That will include the driveway, the front and the backyard of the unit. The interior will have at least one to two shared common walls (unless the townhome is detached).
The Homeowners Association (HOA) monthly fees usually covers common areas and also the outside maintenance. Such as; snow removal & lawn care, landscaping, etc..
A condo and a townhouse both have their pros and cons. Deciding between a condo and a townhouse greatly depends on your preferences.
If you have additional questions or looking to buy and/or sell a condo or a townhome, please feel free to contact RE/MAX Results – Shannon Lindstrom, Realtor at 612-616-9714 or visit www.ShannonLindstromRealtor.com today.
Minneapolis Northeast has numerous neighborhoods. If you’re looking for urban walkable condo living, please find below a few locations you might want to consider.
The Northeast Minneapolis Arts District is a vibrant spot with art galleries, unique and trendy shops, craft breweries and iconic restaurants. The tree lined streets are host to the historic Art-A-Whirl festival that attracts artists and attendees from all over.
Experiencing Condo Living in the Artist Districts
With revitalization that started in the 60’s and happened again in the 90’s, the area saw growth of condo development. You will find quite a few large industrial buildings have been transformed into modern housing with a trendy twist yet giving homage to the buildings histories. This trend has continued with new condo developments being built amongst the old historic buildings.
The area is no longer Minneapolis’s best kept secret and demand to live in this area is up. It is currently a seller’s market with low inventory. However, if you have interest in moving to the area, having a knowledgeable and experienced guide is key to making your move to the area happen. There are numerous condo developments (in the area) that offer just what you might be looking for pertaining amenities and floor plans. To name a few, The Phoenix on the River, Flour Sack Flats or Village Lofts might just fit the bill.
The Northeast Minneapolis Riverfront is just as charming with the same opportunities to experience the arts, shops, pubs and restaurants. However, the riverfront views are a “can’t miss”. You can truly experience the old meets new on the Riverfront. The location is all about taking in the outdoors with the views, parks and biking & walking paths.
The Condo Living Lifestyle
Northeast Minneapolis has transformed into an area that is perfect for the condo living lifestyle. You can spend less time commuting by being central to work centers and leisure activities. And you can spend less time on home maintenance and yard work because it’s done for you. We all need more time and condo living is one way to take back those precious hours and do more of the things you enjoy. Imagine, walking out your door on a Saturday and strolling through one of the districts enjoying the views and wandering down the river or shopping and dining locally in support of your neighbor artists, chefs and brewers. If you think the Northeast Minneapolis condo lifestyle is your key to work/life balance, let’s chat! I would love to help find you the perfect condo.
Voted as one of the best art districts in America, Minneapolis Northeast offers an eclectic mix of both old and new world charm. The southern part of the district is filled with decades-old bars & pubs along with award-winning restaurants, and breweries. The place is dotted with art studios galore that come even more alive when the annual Art A Whirl studio tour takes place. The district becomes more and more residential as you move towards the north, finally transitioning into suburbs. Following are some of the iconic landmarks of this place where you can taste the true flavors of this district.
Grumpy’s Bar: Grumpy’s is one of the most iconic bar of the Minneapolis Northeast Arts District. The place serves local beer and all of Minnesota’s bar food you could want.
Ritz Theater: This beloved Minneapolis theater has been there in the district since 1926. Witness performances of popular shows along with food and drinks from Surdyk’s here.
Erte and the Peacock Lounge: If you are looking to taste some French American food with some live music, pop into the Erte with its supper club atmosphere. Toss back some of the best martinis of the city in The Peacock lounge just across the road.
Sikora’s Polish Market: This self-proclaimed Little Poland market lies right in the middle of the Northeast Arts District.
Gasthof’s: Sample some traditional fare at this German beer hall. The place is great as a warm-weather hang out with friends while also being the hub of Das Boot drinking competition.
Mayslack: If you are on the lookout for reasonably cost drinks with some local band music, Mayslack bar is the place for you. The place is popular among both local residents as well as hipsters.
The walking style lanes of the Minneapolis Arts District are full of independent galleries and shops that are worthy of exploration. In addition, there are plenty of events and tours that keep happening throughout the year to make the place livelier and more interesting.
If you’re looking to buy or sell a condo or a home in the Minneapolis Northeast location and/or the surrounding areas, please feel free to call, text, or email me at your earliest convenience.