The Skinny Blog

Pick of the Week

With regional institutions like Psycho Suzi’s, Gasthof’s and Jax Café, you’ve probably visited the Bottineau Neighborhood in Northeast Minneapolis without even knowing it. Several (five!) brew pubs have made the neighborhood home; Indeed and Dangerous Man are perhaps the most notable. The neighborhood spans from 17th Ave. NE up to NE Lowry Ave. and from
[read more]

                  As these two vintage prints suggest, White Bear Lake is one cool place to be. Serving as the backdrop in F. Scott Fitzgerald’s Winter Dreams surely didn’t hurt that image. But the cool factor didn’t stop there. When the heat was on, several prominent Prohibition Era
[read more]

        Around this time every year, millions of people go to the State Fair in Falcon Heights. Whether you go for the music, food, people-watching or maybe you’re one of those reluctant attendees there with your children or supervisor, the Great Minnesota Get Together has something for everyone. If you’re not one
[read more]

        Maple Grove is one of the more sought-after northwest metro locations. With an excellent array of housing products that span the spectrum from affordable townhomes to some of the most luxurious single family castles, Maple Grove attracts families and individuals from all walks of life. One common comparison among home shoppers
[read more]

        Comprised of eleven neighborhoods stretching from Minnehaha Falls over to 35W and roughly from 42nd St. E. down to the Crosstown, the Nokomis Community offers classic South Minneapolis living with convenient lake, dining, nightlife, transit and freeway access. Though it wasn’t always the case over the last decade or so, the
[read more]

              Elk River lies at the crossroads of Highways 169 and 10 and at the confluence of the Mississippi and Elk rivers. If you’ve ever driven up to cabin country, odds are good that you’ve passed through it. Several notable hockey players have roots in Elk River, including Dan
[read more]

              On the westernmost edge of Hennepin County between Maple Plain and Delano lies the City of Independence. It felt not just appropriate—but downright patriotic—to showcase this city exactly one day after celebrating our nation’s independence. Look at that price difference! Independence is nearly twice the price of the
[read more]

                “Land-locked” by Orono and awkwardly straddling Hwy 12 as it meanders toward Maple Plain, Independence and Delano, Long Lake occupies roughly 0.83 square miles of land near the geographical center of Hennepin County. Home prices in Long Lake have hovered slightly above those of the entire Twin
[read more]

            Originally and intuitively named “Central Park,” what’s now known as Loring Park was renamed in honor of Charles M. Loring, the “Father of Minneapolis Parks.” Loring Park was established in 1883 after the passage of the Park Act—which first created the Minneapolis Public Parks Board. The initial land purchase
[read more]

            Even lifetime residents may not be aware that there are actually six official neighborhoods in downtown Minneapolis. They include North Loop, Downtown West, Downtown East, Elliot Park, Loring Park and Stevens Square/Loring Heights. For a good visual, try this. Recently, in the face of all the new development happening
[read more]

            With the passing of Minnesota icon Prince last week, we felt inspired to showcase Chanhassen this week, where the late artist’s residential compound and performing area known as Paisley Park is located. Typical home prices in Chanhassen are notably higher than those in the Twin Cities metro area. The median
[read more]

            Lino Lakes is a north metro city in Anoka County with a population of over 20,000. Located just south of the confluence of Highways 35W and 35E, the city contains not only several notable lakes, but also wholly contains the City of Centerville—similar to how Swaziland and Lesotho are
[read more]

          Ventura Village is a small neighborhood in the northernmost corner of the Phillips Community. It lies just south of I-94, separated from Elliot Park only by the freeway. Franklin Avenue is the primary commercial corridor serving the community. Ventura Village has a diverse population base, is steps from downtown recreation
[read more]

              Lilydale is a small and very oddly shaped city just south of the river from the Highland and West Seventh areas of St. Paul. It’s an area dominated by the townhouse-condo segment. In fact, there have been exactly two sales in the last 10 years that were classified
[read more]

            Local trivia aficionados might appreciate learning that CARAG stands for Calhoun Area Residents Action Group. The CARAG neighborhood extends from W 31 St. down to W 36 St. between Hennepin and Lyndale. It’s bordered by Lowry Hill East to the north, the Lyndale Neighborhood to the east, East Harriet
[read more]

            Inver Grove Heights is a southeast metro city in Dakota County with a population of approximately 35,000. The city occupies a large swath of land between Eagan and the Mississippi. The above chart shows how single-family prices in Inver Grove tend to exceed single-family prices in the metro area
[read more]

              Wenonah is a unique neighborhood in the south-central Nokomis Community. It butts right up against the northwestern tip of MSP Airport. It also includes the southern third of Lake Nokomis and all of Mother Lake. The first thing to note is that Wenonah is quite affordable in the
[read more]

            Keep heading south on the upgraded State Highway 13 past Savage and you’ll soon find yourself in lovely Prior Lake. Home to about 25,000 people, Prior Lake is situated in rapidly-growing Scott County in an area some call “South of the River.” This community is just a 25 mile (30 min) drive to downtown Minneapolis. Based
[read more]

          Quietly tucked away in the northwest corner of Minneapolis lies the Victory Neighborhood. The neighborhood was once home to many factory and mill workers in the early 1900s. After WWI, the city built Victory Memorial Parkway—a beautiful living memorial to the soldiers who gave the ultimate sacrifice. Today, that parkway
[read more]

            Straddling Saint Albans Bay along the southeastern shore of Lake Minnetonka and sandwiched between Excelsior and Deephaven is the City of Greenwood. As with most communities boasting a healthy stretch of navigable waterfront—regardless of urban or suburban—Greenwood homes are not only in high demand and short supply, but they
[read more]

            Lovingly referred to as “Frogtown” by some, Thomas-Dale is a central St. Paul neighborhood just northwest of downtown. It lies north of I-94 and west of I-35E. The neighborhood is served by the Green Line train. This area is home to the vibrant Hmong community and there are many
[read more]

            Occupying a large swath of the western shore of Lake Minnetonka, Minnetrista is about 25 miles west of downtown Minneapolis. The name literally translates to “Crooked Water” in the Dakota language. There are several other notable bodies of water within the city, including but not limited to Whaletail Lake,
[read more]

A popular and growing eastern suburb, Woodbury is the largest city in Washington County and sits less than 10 miles from downtown St. Paul. Although many residents work for 3M in nearby Maplewood, large Woodbury employers include Woodwinds Health Campus, Summit Orthopedics, The Hartford, Globe University and Target.com. An upscale, open-air mall also opened in
[read more]

Last week, to the delight of many fans, St. Paul Mayor Chris Coleman and Minnesota United owner Bill McGuire announced plans for a new stadium to house the Major League Soccer team at the northwest corner of Snelling Ave. and Interstate 94. The nearly 20,000-capacity stadium will be hosted by the Hamline-Midway neighborhood. As such,
[read more]

Last Friday, October 16, 2015, Minneapolis Area Association of REALTORS® members helped build a new playground in the Whittier Neighborhood of Minneapolis in support of the CommonBond Communities Whittier affordable housing community. The MAAR Foundation provided $10,000 in funding toward the project, which was matched by a $10,000 grant from Calvary Church (located across the
[read more]

If you find yourself strolling down a cobblestone street surrounded by beautiful, historic mansions near the bluffs overlooking downtown St. Paul, there’s a good chance you’re in Crocus Hill. Even though it’s not a valid pre-defined area in Matrix, it spans from Lexington to 35E and from St. Clair to Summit. The following visuals are
[read more]

Occupying approximately eight square miles of land off the southwest shore of Lake Minnetonka, Victoria is home to about 8,400 souls. Twins fans have a relatively pleasant (most days) 25.5 mile drive from Victoria to Target Field. Throw in some rain, snow or construction, and all bets are off. On warmer days, residents can enjoy
[read more]

Located along the southeastern shore of Lake Harriet, Lynnhurst is a mostly residential neighborhood in the Southwest Community of Minneapolis. Most homes in the area were built prior to the 1940s. With easy access to the Chain of Lakes, regional transportation networks and employment opportunities, it’s no surprise this neighborhood is so popular for residents
[read more]

Roughly 17 miles due south of downtown Minneapolis where I-35 branches out into 35W and 35E lies the City of Burnsville. The Mdewakanton Dakota were the earliest known inhabitants, and now roughly 61,500 people reside in the northern Dakota County city. The downtown area is known as Heart of the City and features a Performing
[read more]

In between Shoreview, North Oaks, White Bear Lake, Little Canada and Maplewood (kind of) lies Vadnais Heights. Although it wasn’t incorporated until 1947, the area became part of White Bear Township in 1858 when Minnesota became a state. Today, Vadnais Heights is a thriving suburban community with plenty of commerce and tremendous access to interstates.
[read more]

The beautiful Camden community of Minneapolis has a lot to offer, including some of the most robust real estate appreciation AND some of the most affordable properties anywhere in the city. Tucked into the northeast corner of Camden, the Lind-Bohanon neighborhood is no exception. Values have nearly doubled in only two years (from $60,000 to
[read more]

Overlooking Pigs Eye Lake—where modern-day St. Paul got its original name—the Battle Creek – Highwood neighborhood borders the very river, rails and trails that brought people, goods and ideas to and from the area in the late 1800s. Those same channels were also traveled by indigenous peoples prior to European settlement. Today, home prices in
[read more]

Bordering a multitude of cities including Minneapolis, Fridley was first incorporated in 1949. It was originally settled around the time of the construction of the Red River Ox Cart trail in 1844, which traveled along what is now East River Road. Today, Fridley is home to several large-scale regional employers including Medtronic, Cummins and Target.
[read more]

Nokomis is an increasingly popular South Minneapolis community close to the airport, Mall of America, nearby highways, light rail and many other amenities. While the Calhoun-Isle and Southwest Communities of Minneapolis have already exceeded their previous price peak, the Nokomis Community isn’t far behind. Just a 2.2 percent price gain will mean that Nokomis has
[read more]

Eagan has grown in popularity lately, partly due to its high quality schools, desirable homes and proximity to major job centers. Eagan is the 10th largest city in the state of Minnesota, with about 65,500 citizens calling it home.     The median home price in Eagan only needs another 2.6 percent gain before prices
[read more]

When assessing market health, it’s important to dig beyond macro-level supply and demand trends. It’s crucial to look at market share. What is market share? It’s perhaps best illustrated by example. If 100,000 cell phones were sold today, and 40,000 of them were Apple iPhones, then Apple has 40% market share in the cell phone
[read more]

Much like the trunks of these magnificent African elephants, new construction and previously-owned market share have also become intertwined when it comes to active listings in the Linden Hills neighborhood. This is partly the child of the new construction boom happening across several neighborhoods in Southwest Minneapolis. In fact, there was so much demolition and
[read more]

Whether it’s the Hopkins Raspberry Festival or Prince’s “Raspberry Beret,” Minnesota summers always bring out the best of the season’s tastes and sounds. Speaking of Hopkins and of summer, the peak home-buying season has brought renewed demand for homes in this desirable inner-ring suburb. Just minutes from uptown and a bit further to downtown, Hopkins
[read more]

Ahh, the story of Cambridge. Gather ‘round, ye lads and lasses. ‘Tis story time. ‘Twas a cold winter eve many fort nights ago…   Just kidding. We’re talking about Cambridge, MN—the far northern suburb of the Twin Cities. Though it’s hard to tell from some indicators, Cambridge was unfashionably late to the housing recovery. How
[read more]

Has the North Loop lost its mojo? Despite a recent light rail extension, a multi-modal transportation hub, a new(ish) ball park and top-notch dining, some say the development energy has shifted elsewhere downtown. Established North Loop condo and townhome developments continue to thrive, but where are the builders? Has developer interest shifted towards the Mill
[read more]

With Taste of Minnesota moved to Waconia due to flooding, perhaps it’s a good opportunity to offer up a taste of the Waconia housing market. Inventory has been in the spotlight lately, so let’s look at the number of active listings in Waconia. Overall inventory levels have increased 5.7% from last year. It’s important to
[read more]

With Minnehaha Creek at its highest level ever from the heavy rainfall, the Hiawatha neighborhood in the Longfellow Community of Minneapolis is a tad soggy these days, but still a tremendous place to call home. The below charts clearly show new listing activity shifting away from foreclosed and short sale properties and back toward the
[read more]

With a May 2014 median sales price within $500 of the broader Twin Cities metro, it’s tempting to think that Shakopee is a typical poster child for the metro. It’s anything but. According to the Metropolitan Council and the Census, Shakopee nearly doubled its population between 2000 and 2010. It’s one of the fastest growing
[read more]

This week we are keeping the spotlight on inventory. With the Green Line (FKA “Central Corridor”) opening this Saturday, Prospect Park and other University Avenue neighborhoods are surrounded by new sights, sounds and opportunities. Some of those new sights and opportunities include more homes for sale on the market. In fact, while metro-wide inventory levels
[read more]