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> Houses can be had for as low as 100k. Can they? I'm looking at Redfin right now, and they claim the average home price in Uptown, Minneapolis, MN right now
by maxsilver 10y ago
> Houses can be had for as low as 100k.
Can they?
I'm looking at Redfin right now, and they claim the average home price in Uptown, Minneapolis, MN right now is $600k.
There's a few cheap 1 bedrooms apartments, but anything else is way in the realm of "completely unaffordable to all but the extremely wealthy"
I see lots of cheap housing in Minneapolis. But it's all suburban in nature. (Either actually suburban, or 'technically-inside-the-city' single-family homes that are effectively suburban.
- patrickburke 10y agoSeems to be somewhat true. https://www.redfin.com/city/10943/MN/Minneapolis/filter/property-type=house,min-price=50k,max-price=150k,include=sold-1yr,viewport=44.96084:44.89533:-93.23222:-93.33916 https://www.redfin.com/city/10943/MN/Minneapolis/filter/prop...
- humbleMouse 10y agoThe area around the new co-op over by 38th st and 5th ave - yes houses can be had for 100k.
- octobyte 10y agoThat's hardly Uptown by any stretch of the word and the crime rate in the area is much higher than you're letting on (certainly compared to your average suburb.) As someone very familiar with real estate market in the TC metro, any home in Minneapolis that's below 150k is either in a high crime area, extremely lacking compared to other houses nearby (probably has no garage, no basement, backs up to train or highway), structurally deficient, or all of the above.