Barker And Hedges Real Estate Blog

What $334,900 Buys in Woodbury MN

Here is MLS # 3978443

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This beautiful single-family home is located at 11398 Balsam Way in Woodbury, Minnesota. This two-story home was built in 2005. It has 4 bedrooms, 3 bathrooms, and 2,384-square-feet of space.

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This relatively new home features lots of windows and natural lighting. The kitchen is vast and filled with custom finishes.

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The open floor plan is one of the real appealing features of this home. It includes a loft and a main floor office space. The basement is framed and ready to finish.

This house could be yours for $334,900!

Browse more Woodbury MN Real Estate

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Hugo is Fastest Growing Twin Cities Suburb

In 1997, one farmer retired and sold his land to the city of Hugo MN. That 40-acre patch of land between Highway 61 and Interstate 35E has contributed to the doubling of Hugo's popualation within the past 10 years.

At the time Molitor farm was acquired, Hugo was a quiet farm town of 6,363. The city has added more than 640 new housing units and 168,000 square feet of new commercial and retail space since 2000, even as development in neighboring communities ground to a halt. The population was estimated to be 13,719 in July of 2009.

The development and population over a 10-year span and led the Business Journal to name Hugo the area's fastest-growing suburb. And though building has slowed in the past two years, it hasn't stopped. Hugo has been a leader in approving residential building permits in the Twin Cities area.

Strip malls and townhouses sit where other cornfields once extended. Residents, who had to drive to neighboring communities to find a pharmacy or grocery store, now can shop at home.

Anchored by Festival Foods, which opened in 2006, a retail complex off Frenchman Road now houses restaurants, dry cleaners and veterinary offices.

With the demolition of the old Carpenter's Restaurant and a nearby antique store, city officials say the next step is redevelopment along Hwy. 61 on the Carpenter's land, which is for sale, and 7 acres across from City Hall, owned by the city.

Homes for Sale in Hugo MN

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More Elderly Taking the Home Ownership Plunge

Activity in the Twin Cities housing construction market seems to be showing some interesting trends when it comes to the ages of home buyers. The market for senior's housing is vibrant and brisk, while the new housing for younger adults and families seems to be slowing down and gasping for air.

Privately funded senior housing grew 9%, compared with the 1% for single-family housing. In the metro area in the past 10 years, the number of nonsubsidized senior housing units climbed 50% to about 34,000, according to construction industry consulting firm Maxfield Research Inc. Currently, dozens of elderly housing projects are under construction in the Twin Cities metro area.

Demand is forcing builders to get creative to accomodoate the unique needs of senior citizens. This includes independent living units, assisted care, and memory care facilities. And demographics is behind that demand. According to the Minnesota Housing Finance Agency, the number of people 65 and older will rise from 12% to 20% of Minnesota's population in the next 20 years.

The boom is particularly notable because it is happening during an economic downturn that is stifling demand. Experts predict a bigger surge when the economy improves.

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What $219,900 Buys in Saint Paul's Highland Park Neighborhood

Here is MLS # 3872226

 

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This luxury condo is located at 1800 Graham Avenue in Saint Paul, MN. This high-rise home was built in 2005. It has 3 bedrooms, 2 bathrooms, and 1,567-square-feet of space.

 

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This relatively new home features lots of windows and natural lighting, a private patio, granite counters in the kitchen and a fireplace in the living room. Its very open floor plan great for entertaining.

 

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The person who buys this unit will also have access to 2 heated parking stalls, fitness room & club room!

 

 

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What's more, this affordable luxury condo in a great location, just minutes from Minneapolis, St. Paul, Mall of America, International airport and major freeways!

This luxury condo could be yours for $219,900!

Browse more homes for sale in the Highland Park neighborhood

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Carter Works Project 2010 Descends on the Twin Cities

The Twin Cities branch of Habitat for Humanity and 2,000 volunteers have begun a weeklong campaign to build 26 new homes and spruce up about a dozen others in neighborhoods of Minneapolis and St. Paul hit by mortgage foreclosures.

As part of the the 27th annual Jimmy and Rosalyn Carter Work Project 2010, 14 new homes will be built in the East Side Payne-Phalen neighborhood of St. Paul and 12 new houses will be constructed in Minneapolis’s Hawthorne EcoVillage neighborhood in the north. The local initiative is being held in conjunction with similar efforts being held this week in Washington, D.C., Annapolis and Baltimore, Md., and Birmingham, Ala. In the end, about 86 homes will be built or rehabbed across the six cities.

The Carters visited the Twin Cities on Wednesday to help the local Habitat for Humanity chapter kickoff a four-year fundraising campaign. The organization's goal is to raise $36 million to expand services. On Thursday, as a part of Habitat’s fixit-up program called “A Brush of Kindness,” former President Carter will help spruce up a home on Desoto Street in St. Paul.

Habitat for Humanity’ mission is to build safe, affordable homes for low-income people. Since 1983, Twin Cities Habitat for Humanity volunteers have built 813 houses.

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