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Rent To Own Homes in Taylors Falls, MN

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Home Value Estimator For Taylors Falls, MN

There are currently 718 real estate properties in Taylors Falls, MN, with a median automated valuation model (AVM) price of $318,750.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Taylors Falls, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Taylors Falls, MN, is $345,421.00, with the most expensive house in Taylors Falls, MN, topping out at $1,500,000.00 and the cheapest home in Taylors Falls, MN, clocking in at $24,932.00. In other words, there’s something for every potential homebuyer or savvy investor in Taylors Falls, MN!


Rent Prices In Taylors Falls, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Taylors Falls, MN, is on a rollercoaster ride. The average rent price in Taylors Falls, MN, is $1,606.00. Indeed, when looking to rent in Taylors Falls, MN, you can expect to pay as little as $660.00 or as much as $3,050.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in Taylors Falls, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Taylors Falls, MN In 2024

Taylors Falls is located in Chisago, Minnesota, with an estimated municipal population of 1,034 residents. All of the best foreclosed homes for sale in Taylors Falls are located in the following zip code areas on Foreclosure.com: 55084. The estimated population per square kilometer (.62 miles) in Taylors Falls is 101.


Cost Of Living In Taylors Falls, MN

So, about how much do homes cost in Taylors Falls? The most recent median value of resident-owned homes in Taylors Falls is 180,427. An estimated 71.6 percent of households in Taylors Falls own their homes, with an average family size of 2.98. The median household income in Taylors Falls is 58,194, with19.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Taylors Falls, the median commute time of resident workers (in minutes) is 33.2. And last, but certainly not least, are you looking for homes to rent in Taylors Falls? If so, the average rent price paid by renters in Taylors Falls is 667, according to recent statistics.


Diversity And Demographics In Taylors Falls, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Taylors Falls, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Taylors Falls is 42.4, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Taylors Falls is 55.4, with an average family size of 2.98.

The percentage of residents who report their race in Taylors Falls is as follows:

White 97.2%
Black / African American 0.4%
Asian 0%
American Indian / Alaskan Native 1.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.7%
Other 0%

Looking for family-friendly neighborhoods in and/or near Taylors Falls? Or maybe you are searching for 55+ active adult communities in and/or near Taylors Falls?

The percentage of residents who report their age in Taylors Falls is as follows:

Under 10 10.8%
Aged 10-19 14.5%
20s 5.7%
30s 13.1%
40s 13.7%
50s 11.8%
60s 16.4%
70s 10.7%
80+ 3.4%

Best Schools In Taylors Falls, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Taylors Falls with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Taylors Falls.


Pros And Cons Of Living In Taylors Falls, Minnesota

How do you know that living in -- or moving to -- Taylors Falls is right where you need to be? Perhaps you grew up in Taylors Falls or already live nearby; therefore, the decision to buy a home in Taylors Falls is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Taylors Falls for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Taylors Falls:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Taylors Falls.


Reasons To Move To Taylors Falls, Minnesota, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Taylors Falls can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Taylors Falls, meanwhile, can field multiple offers from more qualified buyers.

Taylors Falls, MN Rent To Own Homes


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