Edina Real Estate
Edina is in a central location in the Twin Cities which makes its an ideal place for many homeowners looking for a house. However, to find that ideal Edina real estate property could take research and time. Homeowners with families need to consider the location of the property so they can be close enough to the area’s schools and other features that the kids could enjoy.
Below are some things to consider if you are considering Edina:
Location
The location of your Edina real estate property can be either an advantage or disadvantage. One reason is because the actual value of property can fluctuate based on the overall prices of home in the neighborhood or area. If several homes start to get dilapidated or if the area’s average value drops, the price of home will drop accordingly. On the other hand, if the value of the area increases, the resale value of home also increases.
Condition
The condition is an important consideration when searching for a new Edina real estate property. Prospective home buyers don’t want to purchase a home in poor condition. Investors look for “fixer upper” type houses that are not in a great condition. The condition of your Edina real estate property will play a greater role in its resale value.
Community and parks
The City of Edina prides itself in providing premier public facilities including City Hall, a Public Works building and two fire stations. There is easy access to nearly 40 parks and recreational facilities, including Arneson Acres, Braemar Arena, Braemar golf Courses, Braemar golf dome, Centennial Lakes Park, Edina Senior Center, indoor Edinborough Park, Fred Richards Executive Golf courses and a dozen of warming houses.
Alden Park in northwestern, Edina is a hilly grassy park full of trees for reading or picnicking and features a beautiful path that runs through the park for walking or biking. You will have a great time making the choice to have a home in Edina.
Crime
Some prefer to explore different destinations, travel to unexpected locations or relocate. If you are one of those and you are looking for a place that offers something for everyone, consider looking into Edina real estate. Edina real estate is not grossly overpriced or riddled with crime.
Housing market prices
The average value for a home in Edina is $453,000. It has gone up over 5% over the past year and is on the rise of 4.3% over next year. The median list price per square foot in Edina is $337. This is higher than the Minneapolis-St Paul Metro average of $186. The median price of homes currently listed in Edina is $693,500.
Rentals
The best way to find excellent home rentals in a particular place is to make sure that they are in accordance with the law. Likewise, there are a good number of luxury home rentals in Edina. Learn how to communicate your needs by knowing about the amenities and features that you are looking for in rentals and possibly work with a property management or realtor to find your rental home.
Jobs
Major employers in the City include Fairview Southdale Hospital, Edina Public Schools, City of Edina, BI Worldwide, Regis Corporation, Barr Engineering, Lund Food Holdings, International Dairy Queen and Film Tec Corporation, among others.
Edina has numerous retail shopping centers. The Southdale Center is the first climate-controlled, fully enclosed mall in the United States. Other shopping centers include Galleria, Yorktown and Centennial Lakes Plaza.
Overall these are some great reasons why you should choose to live in Edina. There are some great options to enjoy living in complete privacy with your family. You won’t be disturbed by heavy traffic. Also, your kids will also love living in an area where they can have easy access to parks and playgrounds. Looking for more real estate tips like this? Learn more here.