SEARCH FOR EDEN PRAIRIE REAL ESTATE

                                                     Eden Prairie 

            One of the most affluent suburbs in the Metro Area, Eden Prairie is a dynamic community of residents of all ages. Recently ranked as one of Money Magazine’s ten “Best Places to Live in America,” the city is experience tremendous growth and is cementing itself as a cornerstone in Twin Cities real estate. Here you will find a community whose motto of “Live, Work, Dream” is a precise description of those residents who make Eden Prairie their home.

 

            A mere eleven miles from the Twin Cities, many professionals who work in either Minneapolis or Saint Paul choose to live in Eden Prairie because of its beautiful landscapes and family-oriented community. The scenery is filled with hills and bluffs that overlook the Minnesota river. In the fall, Eden Prairie becomes a popular destination for those looking to check out the changing leaves; many spots along the bluffs offer tremendous views of the rich and colorful mixed forests. The residential neighborhoods are also in close proximity to an extensive series of trails that make for a perfect afternoon of hiking through the forests to get a better look at the wilderness.

 

            Eden Prairie is one of the wealthiest suburbs in the Twin Cities area. Its per capita income ranks 19th in the country at nearly $39,000, and its median household income is ranked 23rd at over $78,000. The poverty rate of Eden Prairie is extremely low, as is its crime rate. As you can imagine, these factors make Eden Prairie real estate some of the most sought-after in the surrounding area, particularly for those with families who are looking to stay in the area. Some of the most beautiful architecture can be found here, with many luxurious mansion estates and multi-story homes currently available to buy. Many of these homes are fairly new, as Eden Prairie’s expansion has really taken off in the last couple of decades. Plenty of wonderful single-family homes are also available, many with spacious yards for your children to enjoy or to invite your friends over for a barbecue. If you don’t need as much room, there are a number of condominium developments that are more contained, yet still spacious and affordably priced. Eden Prairie is a clean, safe neighborhood, perfect for those looking to raise a family in the Twin Cities at a relaxed pace. I highly encourage you to consider this blossoming community if you are in the market to buy a home.

 

Buying a home, whether you are a first-time buyer or a seasoned real-estate investor, is an extremely important decision. It’s important to have all of your options easily accessible so you can make sure you are buying the home that is right for you. For your convenience, we are a fully cooperating member of the Twin Cities real estate community. The multiple listing service, or MLS, allows all member agents to view what is available in the market so you don’t feel compelled to go with an agent you are not comfortable with. So regardless of the company sign in the yard, please feel free to give me a call to arrange an appointment to view a home that you are interested in. Our website contains many helpful tools to get you started on your journey today, including mortgage rate calculators, mortgage rate quotes, and online mortgage applications. If you would like to browse for yourself, check out our Search Online Now! application. This will grant you access to all of the homes currently available through our multiple listing service.

 

If you are looking to relocate to Minnesota, I will be happy to help you out with our relocation package and guide. I, as well as many of my clients, are relocation specialists, and depending on your situation, there are various employee and corporate relocation packages available. Many of us own rental property ourselves as well and would be happy to assist you in finding a rental, or to arrange a tour with you to acclimate you with the area. Please check my website as well for our convenient relocation salary calculator and other relocation services.

I’m extremely familiar with the area and have lived in the Twin Cities my entire life. In fact, I grew up in Eden Prairie.  We moved there when I was 13. Back then, Eden Prairie was a prairie.  Today it is a thriving western metro suburb.   After college I moved to Edina, which is an adjacent community.  When making an important life decision, such as relocating and/or purchasing a home, it is important to have someone on your side to give you honesty and expertise. I strongly encourage you to contact me with any questions you have or to set up an appointment. I look forward to working with you.

More on Eden Prairie:

Eden Prairie

Eden Prairie in Hennepin County is an ideal destination not only for business but also for people who want quality and classy living.  Cited by Money Magazine as the 10th Best Place To Live in the US, it boasts of being the base of over 2,200 business establishments as well as 2,250 acres of parks, 1,300 acres of open space and 170 miles of trails.

Quality of life in Eden Prairie is outstanding and this has made it a favorite destination for corporate relocation, employee relocation and family relocation.  The city is a few miles away from the Twin Cities of Minneapolis and St. Paul and is adjacent to numerous recreation areas, restaurants and museums.

History

Eden Prairie might be an economically and vibrant city nowadays but this has not always been the case. It used to be a slow growing village with slow economic and social growth between 1880 and 1960.  Among the first settlers in the area were Native Americans until a treaty in 1851 opened land near the Mississippi River allowing pioneers of Eden Prairies to settle in the area.

The first sign of development in the area was the construction of the Flying Cloud Airport in 1946.  The construction of Interstate Highway 494 in the 70s widened the city’s reach and rightly so because it was also during this time when the Eden Prairie Shopping Center was constructed.  Finally, it became a Statutory City in 1974.

The city got its name after writer Elizabeth Ellet described the area as a garden spot—thus the name Eden.

Community Profile

From a population of only 2000 in 1960, Eden Prairie has grown to a city with almost 60,000 people by the year 2000.  From an agricultural and a sleepy village, Eden Prairie has become a thriving and vibrant community preferred by most businesses.

Majority or 71.66% of the city’s population are Whites, 13.28% are African Americans, 4.82% are Asians while the rest are Pacific Islanders and other races.  The city has a fairly young population with an average age of 35 years, with 30.5% below the age of 18 and only 4.9% are 65 years old or over. 

While the city has a per capita income of $38,854 and an average family income of $72,258, 11.9% of the population is living below the poverty line.  Eden Prairies is among the highest income places in the United States within.

Business

Eden Prairie’s has proven itself a haven for businesses and this is evident with the presence of establishments like Super Valu Grocery, C.H. Robinson Worldwide Shipping Logistics (both classified as Fortune 500 companies), ADC Telecommunications, Fargo Electronics, Lenox Group, Minnesota Vikings, Starkey Laboratories and SurModics pharmaceutical delivery systems to name a few.

Life is very comfortable for Eden Prairie resident with a family median income of $105,177 compared to the best places to live average family income of only $76,893.  The purchasing power of the residents amounts to $81,343 compared to the best places to live purchasing power of $68,109. 

The city spells clean living for its residents as they have an air quality index of 75.4% compared to the best places to live air quality index of 71.9%.  Personal crime risk in Eden Prairie stands at 17 while the best places to live averages 45. The national average is 100.  Personal crime incidents rate is 88 compared to the best places average of 228.

Eden Prairie has 2,699 restaurants, 35 movie theaters, 114 bars, 135 public golf courses, 61 libraries, 4 museums and 13 ski resorts. 

Sports

If you are considering a corporate relocation package then Eden Prairie is one of the best places to go to since it has a very active sports program for the youth. There are sports programs and trainings for basketball, baseball, football, ice hockey, Lacrosse, Soccer, Track and Field and Wrestling.

If golf is your thing then the privately-owned 18-hole Bearpath Golf and Country Club designed by Jack Nicklaus would be an ideal weekend destination.  The golf course has a naturally lush environment.

The sports program of the Eden Prairie High School was also named by Sports Illustrated Magazine in 2007 as the best among the other cities in the State of Minnesota.

In the Movies

Eden Prairie has had its share of publicity in the national and international area.  Several movies have been filmed in the city including the Mallrats and Drop Dead Gorgeous both of which were filmed at the pre-remodeled Eden Prairie Center Mall.  The city was also indicated as the residence of character Mike Yanagita in the movie Fargo. The city was also featured in the movies D3: The Mighty Ducks and Graffiti Bridge.

Housing

There are homes for rent, condominiums and apartments for rent in Eden Prairie.  Low income residents can seek the aid of the Housing and Community Services if they want to avail of low-priced apartment complexes in the city.  Affordable houses for rent can also be accessed through the Metropolitan Council Housing and Redevelopment Authority. You can also avail of the Section 8 Project-Based housing where you pay a rental of only 30 percent (or less) of your income.

Affordable home ownership is likewise provided by the city in coordination with the non-profit community land trust Homes Within Reach.  Under the partnership single family homes are bought by Homes Within Reach and then sold to qualified home buyers.  Aside from being a qualified home buyer you also have to qualify for a mortgage offered by a commercial lender and meet the income requirements to be able to avail of this benefit. While the average price of the homes under the program is only $150,000, ownership is however retained by the community and it is then leased to the home owner for a minimal fee.

If you just intend to renovate an existing house, you can avail of the low interest home repair loans.  Lenders usually slap a 5% simple interest rate on repair loans payable in 10 years.

The average price of home in the city is slightly higher at $289,259 compared to the average price of homes in the best places to live of only $259,566.

Here is a link to the City Of Eden Prairie website:  http://www.ci.eden-prairie.mn.us

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