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Minneapolis lofts and condos |
Loft trends have
hit the Minneapolis metro area in a big way. The Mississippi
Riverfront areas have attracted the heaviest concentration,
but several loft projects are underway or completed in
Minneapolis' North Warehouse District and around St. Paul's
Lowertown and North Quadrant.
A true loft for Minneapolis (or
"hard" loft) is a conversion of a vintage factory or
warehouse, having a harder edge of either concrete
construction, or "mill" construction of exposed brick and
original wood posts, beams and floors. Ceilings should be over
ten feet high at least. This is increasingly very important
for loft purchasers, as developers are now building condos
with slightly higher ceilings than in the past. It is the
height that helps give a loft the feeling of air and space.
Larger windows and open concept layouts also help. Ceilings
are unfinished and pipes and heating ducts are exposed. Do not
expect to find a 1,000 square foot loft divided up into two
bedrooms and a den. It will much more likely have a kitchen
and a bathroom with the rest of the space left as one large
open room, which you can work with and use according to your
own functions and needs. Some people think a loft means you
have a second mezzanine level overlooking the floor below, but
this is simply one style of loft.
Beware of another type of loft
-- the newly constructed loft (or "soft lofts"), which are for
the most part "Condos With High Ceilings", and are examples of
Minneapolis condo developers trying to cash in on the
popularity of lofts. They are still great units, just not
"true" lofts.
Minneapolis lofts are found
mostly in the Warehouse district and downtown Minneapolis
areas. The average price for a Minneapolis loft is about
$300,000. Though Minneapolis lofts can vary in price ranging
from $190K - $1.5 million. |