Minneapolis Real Estate

    About:

    Welcome to Minneapolis! As the largest city in the state of Minnesota, the amenities are never ending. Minneapolis offers a great combination of modern living and historic charm. Whether you spend a day relaxing on Lake Calhoun, catching up with friends in lively Downtown, or walking your dog across the Stone Arch Bridge, Minneapolis is an easy city to fall in love with.

    Housing:

    You will find a variety of different homes in Minneapolis. From urban lofts to exquisite mansions, your perfect home awaits. More than 65 zip codes fall within the Minneapolis/Hennepin county area with plenty of neighborhoods to choose from. In 2009, the estimated median house value was $220,900 but has increased in recent years. Venture to southern Minneapolis, and you will find some of the most stately properties along The Chain of Lakes – featuring beaches, parks, trails, and entertainment. If you are looking for an area closer to Downtown, North Loop Neighborhood is an up and coming neighborhood filled with old industrial and warehouse buildings that have been converted into unique residential complexes. These buildings offer some of the best views of the city with modern finishes while still maintaining their historic background.

    Statistics:

    Minneapolis is home to around 392,880 residents with about 58.4 square miles. Minneapolis is the largest city in the state of Minnesota and shares the nickname “Twin Cities” with Minnesota’s capital city, St. Paul. The city is known for its lakes, economic center, and art museums including the Walker Art Center which is one of the big five modern art museums in the U.S. Minneapolis is Americas third-most literate city and is known as a center for printing and publishing. According to a study done by Walk Score in 2011, Minneapolis was ranked the ninth most walk-able of the 50 largest cities in the United States.

    Economy:

    Behind Chicago, the Twin City area is the second largest economic center in the Midwest. Minneapolis’s economy is based in commerce, finance, health care, rail and trucking services, and industry. Milling, food processing, graphic arts, education, and insurance are also strong economic components. Minneapolis has the fifth highest concentration of Fortune 500 corporations including Target and U.S. Bancorp in the U.S. The Federal Reserve Bank of Minneapolis not only serves Minnesota, but also serves Montana, North and South Dakota, and sections of Wisconsin and Michigan. Minneapolis is only 20 minutes away from one of the largest malls in the country, Mall of America with over 400 stores of all types.

    History:

    Until French explorers arrived in 1680, the Dakota Sioux were Minneapolis sole residents. Fort Snelling, which was built by the United States Army in 1819, brought many new settlers to the area. In 1867, Minneapolis was incorporated as a city and showed immediate growth due to the rail service that began between Minneapolis and Chicago. Minneapolis is home to three Mississippi creeks, twelve lakes, three large ponds, and five unnamed wetlands, giving the city the nickname “City of lakes”. This strong tie with water allowed many industries to grow using the river as a transportation method in its early years and still to this day. Minneapolis also grew as a mill city, having more than thirty flour mills with Pillsbury and General Mills as processors.

    Schools:

    About 36,370 students are enrolled in Minneapolis Public schools, including both primary and secondary schools. The district offers about 100 public schools with 45 elementary schools, seven middle schools, seven high schools, eight special education and alternative schools, 19 contract alternative schools, and five charter schools. Due to the states open enrollment statute, students may attend public schools in other school districts chosen by their families. Minneapolis is also home to more than 20 private schools and academies. The University of Minnesota dominates most of the collegiate scene with more than 50,000 undergraduate students. In addition, twelve other reputable universities are within the Minneapolis city limits.

    Getting there:

    The City of Minneapolis, MN, is located in Hennepin County and is about 9 miles from the state capital. The city is generally described to be in east central Minnesota. Interstate 94 comes into the area stretching from east to west, while two spur routes form a loop north and south. The MSP/STP airport and train station are conveniently located within the city’s boundaries.

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