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Sheriff Sale Homes in Winsted, MN

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Lake-ct-Winsted-MN-55395
Preforeclosure
$272,170 EMV

Lake Ct
Winsted, MN 55395

5 Bed | 3 Bath | 1,448 Sq. Ft.

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Home Value Estimator For Winsted, MN

There are currently 930 real estate properties in Winsted, MN, with a median automated valuation model (AVM) price of $224,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Winsted, 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 Winsted, MN, is $243,643.00, with the most expensive house in Winsted, MN, topping out at $827,100.00 and the cheapest home in Winsted, MN, clocking in at $106,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Winsted, MN!


Rent Prices In Winsted, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Winsted, MN, is on a rollercoaster ride. The average rent price in Winsted, MN, is $1,498.00. Indeed, when looking to rent in Winsted, MN, you can expect to pay as little as $890.00 or as much as $3,280.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Winsted, 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.


Foreclosure Homes in Winsted, MN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Winsted, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Winsted, MN and much more. Save thousands at closing with home foreclosure listings in Winsted, MN — up to 75% off market value!


Top Reasons To Live In Winsted, MN In 2021

Winsted is located in McLeod, Minnesota, with an estimated municipal population of 2,240 residents. All of the best foreclosed homes for sale in Winsted are located in the following zip code areas on Foreclosure.com: 55395. The estimated population per square kilometer (.62 miles) in Winsted is 457.


Cost Of Living In Winsted, MN

So, about how much do homes cost in Winsted? The most recent median value of resident-owned homes in Winsted is 158,816. An estimated 74.1 percent of households in Winsted own their homes, with an average family size of 3.05. The median household income in Winsted is 59,286, with19.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Winsted, the median commute time of resident workers (in minutes) is 31.3. And last, but certainly not least, are you looking for homes to rent in Winsted? If so, the average rent price paid by renters in Winsted is 706, according to recent statistics.


Diversity And Demographics In Winsted, 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 Winsted, 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 Winsted is 36.4, split between 44.6 percent male versus 55.4 female. The percentage of residents who report being married in Winsted is 51, with an average family size of 3.05.

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

White 99.3%
Black / African American 0.6%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0.1%

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

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

Under 10 14.9%
Aged 10-19 12.3%
20s 14.8%
30s 11%
40s 14.4%
50s 12.5%
60s 8.9%
70s 6.5%
80+ 4.6%

Best Schools In Winsted, 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 Winsted with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Winsted.


Pros And Cons Of Living In Winsted, Minnesota

How do you know that living in -- or moving to -- Winsted is right where you need to be? Perhaps you grew up in Winsted or already live nearby; therefore, the decision to buy a home in Winsted is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Winsted 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 Winsted:

  • 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 Winsted.


Reasons To Move To Winsted, Minnesota, In 2021

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

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