Has anyone noticed that Trudi never posted another question again?
Has anyone noticed that Trudi lives in California?
It's time to put this one to rest.
I grew up near Bohn's Point, on Maxwell Bay of Lake Minnetonka. The areas you refer to are well established and sought after. Do you have children? School preference, may factor in for you. The web link below will get you to specific home searches for each community around Lake Minnetonka. Simply go to the "Tonka Property" tab. You'll also find a link to each community website. These resources will be helpful. Please contact me with any thoughts and questions you may have.
Steve M. Albers, REALTORÂ®, ABRÂ®, CDPEÂ©
RE/MAX Results of Wayzata
Stephenson & Albers Real Estate Team
(763) 229-9067 Mobile
You have the 3 truly most sought after areas on Lake Minnetonka. I would say it might come down to what school district and location you prefer. As a life long resident of Wayzata/Lake Minnetonka I think you couldn't go wrong with any of those areas and the appreciation should be similar with any one of them.
Have you seen the areas? Which do you prefer? That's a very nice area and it really is going to come down to your decision. Yes, and values around the lake haven't been hit terribly, but sales have slowed like the rest of the market.
Thanks, Todd Norsted
Lake Minnetonka is the most desirable area in the Twin Cities. Property values have been holding steady and increased in the last few years. Properties in Orono, Wayzata, Deephaven, Excelsior are all desirable, especially if the home sits on Lake Minnetonka. Architectural styles vary greatly on the lake, as does size of homes. If a home does not have lakefront footage, but is located in these areas, the homes still fetch a good price. I honestly haven't seen anything yet lose value in the Lake Minnetonka area.
I specialize in the area, and have a blog about Minneapolis Luxury Real Estate. Each month I do a market analysis for Lake Minnetonka, which is included as a link below. Feel free to read through the blog posts and see what is selling. I concentrate on homes priced above $1 Million in the posts, but if you have a specific price range below a million, let me know and I will be more than happy to give you an analysis.
I hope this helps, and if you need anything else, please feel free to ask!