The Edina School District is an excellent one! The Edina market is very sought after in the Twin Cities and prices can range from the low 200's up to the 2M+ range. This is more of a range than most areas. Having said that, prices have come down in the area and there are a lot of great homes to choose from. There are many homes between $200,000 - $400,000.
I work with Dwell Realty Partners and we focus completely on buyers. Our website has a search feature that allows you to search for foreclosures specifically. It may be some help to you. You can just go to http://www.dwellrealtypartners.com/search.html and click on the Foreclosure tab in the search. This will show you only foreclosure properties. If you use the regular search, it will still indicate if it is a foreclosure. I hope it is helpful!
Along with that, I would love to do some research for you to find all of the listings that might fit what you are looking for. If you would like, you can email me at firstname.lastname@example.org and let me know what type of home you would like. Bedrooms, bathrooms, square footage, and price... That way, I can give you a better picture of what is available. I work exclusively with buyers and relocation clients and have worked with many foreclosure and short sale homes in the last few years.
Again, Edina is a great area of the Twin Cities. I think you will be very happy with it. Let me know how I can help!
Dwell Realty Partners