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Casey Anderson's Blog

By Casey Anderson | Agent in Woodbury, MN

Searching For Oakdale, MN Townhomes For Sale‏


There are a lot of good reasons to search for Oakdale, MN townhomes for sale. Over the years this type of housing has offered a convenient lifestyle to millions of Americans. With lower house maintenance costs and affordable prices, many people find it more conducive to their lifestyles. So what are the pros and cons to owning a Oakdale, MN townhome?

Oakdale, MN Townhomes Prices

Oakdale, MN townhomes are often priced quite a bit less than traditional single family housing largely due to the shared walls and common areas. The townhome association to which you will be required to belong is responsible for upkeep of these common areas as well as some of the exterior maintenance of your home as well. This can make buying a Oakdale, MN townhome especially appealing to busy first time home buyers as well as to retirees who prefer not to deal with that type of upkeep.

Oakdale, MN Townhomes: Association Dues

This fact does not mean that the maintenance is free, of course. As a part of your responsibility for living in a Oakdale, MN townhome you will have a monthly dues you must pay to the association. This monthly fee covers a number of things but as to what it covers can and will vary from one Oakdale, MN townhome association to another. For example while your association dues might include insurance for your dwelling in one association, you might have to pay that separately for that in another. It is important to investigate these points before you buy a Oakdale, MN townhome since your monthly association dues can vary significantly.

City of Oakdale

Oakdale is a fine community in the Twin Cities area, and lies within Washington County. As Minnesota's 32nd largest community, it is located just east of St. Paul. The City of Oakdale, MN does lie entirely within the North St. Paul-Maplewood-Oakdale school districts, but the students living in Oakdale, MN are generally split into 2 high schools, Tartan and North High. The is located in Oakdale and many residents are employed by nearby 3M.

If you are using an FHA loan to buy your Oakdale, MN townhome, be sure to check out how the association was formed before you make you write any purchase agreement. In many cases in Minnesota, townhome associations were formed as condominium associations to save fees for the developers. If it is actually a condo association, FHA will require that the association has been approved by FHA. If it is not yet approved by FHA, the process for getting it approved can be time consuming and can delay your closing by several weeks.

Oakdale, MN townhomes for sale: Pros

  • Low maintenance lifestyle
  • Less expensive homes
  • Shared amenities offered through the association
  • Often a back yard
  • Unlike condos--no neighbors up and down

Oakdale, MN townhomes for sale: Cons

  • Monthly association dues
  • Smaller yards or sometimes no yard at all
  • Shared walls can result in hearing noise from neighbors

Get Pre-qualified

The first step in the home buying process is to get prequalified for financing. This means that you meet with a local mortgage lender who will review your financial situation. In the prequalification application they can tell you what types of MN first time buyer programs you might be qualified for. This first step can usually be done right over the telephone and most lenders will even do this with you when you are off from work.

Casey Anderson 
Sales Executive, Licensed Realtor in Minnesota
IBR Realty
caseyanderson@ibrrealty.com
Cell 651-245-1820 
Woodbury, MN 55125
With a focus on Woodbury real estate and surrounding communities.

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