Purchasing a Home in Rochester Minnesota


Apr 24th, 2011 Tony Kirkson

Relocating to Rochester MN places you in one of the best cities to live in the United States. The MLS in Rochester MN currently lists more than 1,300 properties for sale. This city of just less than 100,000 residents has received the award numerous times by a number of different publications. Most recently, Rochester was named one of the top 100 cities in the United States in 2010 by Kiplinger. With a high quality of living, an educated community and some of the most affordably priced homes in the nation, Rochester has become a jewel for those seeking to relocate, or simply to find a home.

Rochester Minnesota is, of course, home to the renowned Mayo Clinic, one of the finest medical facilities in the world. Employing nearly 30,000 people, people from around the globe come to Rochester for care not found elsewhere. Because of the number of people traveling to Rochester, more than 2.7 million per year, the hospitality industry is also a large part of the city's economic base.

In addition to these industries, IBM employs over 4,000 people in the city, most in one facility, the largest single facility owned by IBM. Biotech research and support remain a large part of the city economy, as is education.

Quality of Life

A city of four distinct seasons, the resident of Rochester, MN enjoys more than 60 parks, 44 golf courses, 270 restaurants, and 10 libraries. Summers are cool and comfortable, and outdoor activities abound. Nestled in the land of 10,000 lakes, a weekend getaway in the summer for camping, fishing, boating or backpacking is only a short travel.

Winters in Rochester Minnesota do produce snow, and winter activities are plentiful. There are 14 ski resorts within 100 miles of downtown and numerous skating rinks dot the city.

For the coldest days, Rochester provides numerous climate-controlled skyways, as well as underground walkways. The walkways, or subways, and skyways interconnect businesses, hotels, retail establishments and restaurants, many with handicapped accessible storefronts underground.

Education

The city boasts a highly educated community, with more than 75% of the population having some college. The University of Minnesota Rochester has recently announced plans to expand its student campus to accommodate 5,000 students. Many of the 10 other institutions of higher education in Rochester offer advanced degrees.

At the elementary level, there are 16 public elementary schools, 6 parochial schools and 2 private schools. 8 public high schools plus 2 charter high schools provide secondaty education. Many of the schools boast of proficiency level above 90%.

Real Estate

Despite its desirability as a living destination, the real estate market remains very affordable. With a mean housing price of $162,000, Rochester, Minnesota's housing is some of the most reasonably priced in the U.S. The MLS in Rochester MN lists property types ranging from building sites to executive homes.

A well kept, 3 bedroom, 2 bath, 2000 sq. ft. home in the Rochester area can be easily purchased for $150,000. There are numerous larger executive homes currently for sale in the $300,000 to $500,000 range. Comparable homes in a city with Rochester's amenities and quality of life will often be twice the price. Whether relocating to Rochester MN or simply looking for a new home, a realtor in Rochester will find the right home for you.

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Find a professional Realtor that can help you search the MLS Rochester MN, find local homes for sale, and move with confidence to your new real estate property when relocating to Rochester MN.

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