Will the new 312 HWY and exits opening up in Chaska increase home values?

James
Other/Just Looking
Chaska, MN

Answers (3)
Mary Leizinger
Agent
Eden Prairie, MN

With easier commutes, homes off the new 212 corridor should benefit from greater demand. That being said, existing homes in this area will continue to experience competition from new construction for some time to come. Don't expect big appreciation quickly, but over time, this location should be a winner.

Best wishes.

Sat Jun 28 2008, 12:55
Michael Doyle
Agent
Maple Grove, MN

James,
I just saw a report from the builders association showing Carver County to be the fastest growing metro county in the next ten years. Being able to get into town quicker will be a positive for property values in the area once 312 is complete. However with increased gas prices the outlaying areas are under price pressure right now.
Michael Doyle

Thu Dec 20 2007, 17:26
Todd Norsted
Agent
Maple Grove, MN
FIRST ANSWER

Hi James....

With infrastructure becoming as big an issue as it has become and the traffic increases we've seen, I would think that it may help slightly. The major effect will be a push westward with new homes and developments down that corridor.

I hope that helps!

Wed Dec 19 2007, 20:27

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