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.
Most people have wandered through new condo or single-family home developments in the Twin Cities & surrounding suburbs and wished their own home looked as modern and chic. Model homes showcase the latest upgrades and decorating trends; for home sellers these homes are their competition, and it can feel daunting to offer an older floorplan and design.
While it might seem like a smart idea to simply offer a buyer credit and list, there are downsides to this plan, and taking the time to update on your own first could possible mean thousands of dollars in your pocket.
Here are a few reasons why offering a credit might not be the best strategy:
• Buyer Impression – A dated home looks old and not all buyers can see the potential. • Lower Offers – Offering a credit for repairs or updates could be viewed as high seller motivation, resulting in lower offers. • Value Differences – You and your buyer might disagree on the value of needed upgrades. For example, you might feel $2,500 is a fair cost for a new countertop whereas your buyers might expect considerably more; this can lead to more negotiations and lower sales price. • Home Condition – A property that shows its age can prompt the buyer to worry about the overall condition. • Loan Approval – Lenders are wary of buyer credits; in fact, upgrade or repair credits can be an issue. You might have a buyer unable to take advantage of the credit at all.
Home design trends change quickly. If you’re ready to sell, it could be tempting just to list your home in its current condition. Before you just add a credit to the listing, consider some simple updating so your buyers can see the value of your home.
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.
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.
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.
Minneapolis uptown condo living residents take their health very seriously. This is probably why there are so many health restaurants in the vicinity of Minneapolis uptown condo living neighborhoods. Here is the best of the best:
This award-winning organic, farm to table café is unassuming, simple and elegant, all at once. With two locations, one at 2610 Lyndale Ave. S in Minneapolis and the other at 1662 Grand Avenue in Saint Paul, you’ll still need reservations if you want to be guaranteed a table.
Just as you’d expect, Crisp & Green is your Minneapolis uptown condo living destination for fresh, organic salads in all possible forms. Choose from the Chef’s Curry concoction, Fiesta Bowl, or the No Prob Cobb, among many others. Visit the Minneapolis location at 428 North Washington Avenue.
This local gem, located on 2200 Hennepin Ave. in Minneapolis, is both a natural foods store and food café. Menu offerings include organic beef bone broth, mushroom broth, raw superfood crunch, coconut curry bowl and sweet potato burrito.
As you can see, Minneapolis uptown condo living entails a rich selection of home-grown food restaurants owned and operated by people who value quality of life as much as you do! If you’re looking for uptown Minneapolis condos for sale, please don’t hesitate to contact us!
There are many residential real estate condo & loft possibilities for individuals looking to live in Minneapolis downtown, north loop, mill city, Loring Park, uptown, south or north neighborhoods.
Whether you are relocating to Minneapolis for job, or just looking to move into the city to experience urban living there are many condos & lofts, and single-family home options for you in these specific areas.
Please find below a few condos & lofts in or near downtown Minneapolis:
Downtown West The Ivy Condos SkyScape Condos Riverwest Condos The Crossing Condos
Downtown East Humboldt Lofts Bridgewater Lofts Carlyle Condos NorthStar Lofts 607 Washington Lofts
North Loop Riverwalk Lofts River Station Condos The Itasca Condos Herschel Loft 710, 720, 730 Lofts 801 Washington Lofts Bookman Stacks Condos Bookman Lofts
Uptown-South The Edgewater Condos Lake Pointe Condos The Loop Condos
Loring Park The Summit House Condos The Groveland Condos 1200 On The Mall Condos 301 Oak Grove Condos 301 Clinton Place Condos
Nicollet Island-East Bank La Rive Condos Cobalt Condos The Village Homes The Village Brown Stones The Falls and Pinnacle Condos
North The Historic Bremer Condos
Minneapolis is a sustainable city with public transportation, green spaces including community gardens and parks, neighborhoods within walking distance of local coffee shops, restaurants, retail shops, and food co-ops to grocery chains.
The entire City of Minneapolis public transportation choices are the metro light rail and also buses.
There are numerous choices in Minneapolis if you are looking to purchase a townhouse, a condo or a single-family home near local colleges and universities depending on your budget. The neighborhoods near the University of MN are the following: Seward, Marcy-Holmes, Southeast Como and Dinkytown offer may possibilities if you are looking for home-ownership.
Please find below a few condos near the University of Minnesota-Minneapolis Campus:
Prospect Park-East River Road University Flats Condos M Flats Condos
Cedar-Riverside Riverview Tower Condos
Marcy-Holmes St. Anthony Condos Mill Trace Condos Flour Sack Flats Condos Phoenix On The River Condos Winslow House Condos
Residential choices for families
Home seekers with families to experience urban living in or near downtown my consider looking for townhouses or condos/lofts with larger square footage and full shared amenities.
You will find some downtown Minneapolis condo development offer a play area and/or a pool. Downtown housing projects comprising of dense residential units, where cars and bikes coexist in harmony on the roads are vastly found in the Mill District.
As Minneapolis is a city of lakes, there are neighborhoods with blocks of lakes, walking and biking trails like Linden Hills, Cedar Isles, East Isles and Diamond Lake which will be ideal during the summers.
If you’re looking to buy or sell a condo, a townhome or a single-family home in Minneapolis, St Paul or the surrounding areas, please feel free to contact RE/MAX Results – Shannon Lindstrom, Realtor at 612-616-9714 or visit www.ShannonLindstromRealtor.com today.