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In Minnetonka the boating is out now that winter is in but the Market?

By Eric Helmers

Real Estate Agent with Realty Group, Inc. 20326767

October 22, 2013 05:03 PM

Home values in Minnetonka are one of the more misunderstood market statistics in real estate. See, most people think of Minnetonka as the "Lake" and not as a geographical area. Minnetonka has far more modest, even affordable homes along with a good selection of middle class homes that have nothing to do with Lake Minnetonka and provide a great value with quick access to the lake. While there are multi million dollar listings on and near the lake, homes in every price range exist. This is why Minnetonka homes are increasing in value slightly higher that other cities. That coupled with more solds than new listings taken, provide exciting news for sellers in the area. Buyers still enjoy a great advantage with low rates making now a great time to buy or sell real estate in Minnetonka.