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SPRING LAKE PARK IS A HOT HOUSING MARKET

SPRING LAKE PARK, Minn. (Feb. 8, 2023) – Things are trending up in Spring Lake Park – especially when it comes to housing.

The Minneapolis Star Tribune ranks Spring Lake Park fourth on the 2023 hot housing index.

“Absolutely I think Spring Lake Park is a hidden gem,” said Kelly Beck, a real estate agent for RE/MAX Advantage Plus.

The city checks a lot of boxes for people who want new digs.

“What Spring Lake Park does is it offers affordability,” Beck said. “It offers different types of houses, so you have townhouses, you have small single family, large single family, and you have location and access.”

Spring Lake Park’s population is 7,422 – giving it small town charm. But Spring Lake Park is also smack dab in the middle of the Twin Cities metro, giving residents easy access to plenty of options.

“You’re close to all your basic amenities,” Beck said. “You can get on the freeway. You can get into Minneapolis. You can get into St. Paul. You can go pretty much anywhere in the metro and it’s just a quick freeway hop away.”

Across the Twin Cities, housing prices have gone up and inventory has gone down.

“Buyers are winning now,” said Beck.

Housing hot spot

When a home goes on the market in Spring Lake Park, it is usually snapped up quickly.

“There’s just not a lot of communities where you can get into a nice house,” Beck said. “Have nice schools, have those nice amenities, have that nice access and you can still buy a house for $200,000 or $300,000 that’s going to be safe, secure, stable and a really nice home too.”

Spring Lake Park is not a cookie cutter suburb. There is a blend of people in the city.

“There’s a lot of diversity in Spring Lake Park,” Beck said. “You still have a strong quality of schools. Everybody’s going to be welcome here. Whether you’re young or old, or whatever your background is you’re probably going to find a nice safe and comfortable spot where you feel part of it.”

Beck went to Blaine High School and sings the praises of Spring Lake Park and the entire north metro area. He believes you can get a lot of bang for your housing buck.

“There’s such a great energy and a cool vibe in the north metro right now,” Beck said. “I’m not surprised you are seeing more houses being built. More houses being renovated. Things go quickly cause this is a really special place to be.”

According to Beck, the Twin Cities is more of a functioning housing market now. Things are no longer tilted to sellers and there is equilibrium between buyers and sellers. Beck says that is better for the market and fosters the chance for both sides to get fair deals and come away happy.

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