The community of Southwest Minneapolis is made up of 22 neighborhoods loosely bordered to the north by interstate 394 and to the east by 35W. Included in this municipality are the communities of Armatage, Bryn Mawr, Carag, Cedar-Isles-Dean, East Calhoun, East Harriet, East Isles, Echo, Fulton, Kenny, Kenwood Isles, Kingfield, Linden Hills, Lowry Hill, Lowry Hill East, Lyndale, Lynnhurst, Stevens, Tangletown, West Calhoun, Whittier and Windom.
At the heart of this residential area are four of Minneapolis' 22 lakes: Lake Calhoun, Cedar Lake, Lake of the Isles, and Lake Harriet. In addition, the community is home to several of the metro area's 150 parks including Kenwood Park, Lyndale Park, and William Berry Park.
Many neighborhoods have their own management associations. With nearly 390,000 residents, Minneapolis and its surrounding cities make up the 14th largest metropolitan area in the country. The community and its various neighborhoods are rich in arts and culture, history, diversity, and natural beauty. The housing market in Minneapolis consists of single-family detached homes for sale, estate properties, condominiums and townhouses.
The real estate market in Southwest Minneapolis is diverse and affordable. The neighborhoods that make up the southwest area are typically located in beautifully wooded areas with large lots. The average single-family home in Southwest Minneapolis is 65 to 80 years old. Small bungalows range in price from $75,000 - $300,000. Most have updated utilities, a porch or deck, and basement. Larger homes for sale of the same era on bigger lots are available from the mid-$200,000s - $900,000+. Many are within walking distance of a lake or creek. Real estate with waterfront locations or lake views are available from $1 million - $3.5 million+, including a few estate homes built in the 1990s. Southwest Minneapolis' condos and townhomes built in the 1970s and '80s are available from $100,000+. Some of these units include a basement and separate dining room. Larger units built from the 1920s to '40s can be found up to $350,000.
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Jane Paulus: Minneapolis Southwest is a lovely Minnesota community located in Hennepin County. The Minneapolis Southwest real estate market offers an exceptional selection of housing options, including single-family detached homes for sale, estate properties, condominiums, townhouses and land lots. Click on the above links to request property listings, home photos, current local area market news and trends, or sold property prices, or to contact our top Minneapolis Southwest Realtor.
Minneapolis Southwest Real Estate Stats and Trends for the week of August 31st, 2015: homes priced around $424,529 compared to $402,973 the previous week, showing a increase of more than +5%. For Thursday, September 3rd, the current national mortgage rate for a 30 year fixed mortgage is 3.85%; the 15 year fixed rate is at 2.97%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.29%, while the 15 year jumbo rate currently is at 3.87%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Minneapolis Southwest MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Minneapolis Southwest to help you find the best home!