Mill District Listing Update for April 18, 2011
Monday, April 18, 2011 at 4:44PM | by David Tinjum Again this week, you'll see no new listings at Park Ave, North Star, or Stone Arch Lofts. In fact, you'll see nothing available at all! Though we seem to hover between 70 and 75 available homes in the Mill District, these buildings are holding tight. Washburn Lofts, though keeping it's original residents cozy and happy for years seems to be experiencing a transition with 4 homes currently on the market.
It strikes me that buildings and communities experience change much like we do as individuals: change brings more change and everything effects everything else. Yes? Regardless, these are exceptional new opportunities for the right buyer. If you or anyone you know wants in to the Mill District for a song, Riverwest is humming your tune--though it's important to remember the association allows very few rentals so you should want to live there for at least a few years. If you see price increases (as you will this week at Bridgewater), it's usually because the developer has finished an unsold home with upgraded finishes. Perhaps you'll want to take a closer look!
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This Mill District Listing Update is provided by Holly Holt with The Cynthia Froid Group located in the Mill District of Downtown Minneapolis.
