St. Paul’s Dayton’s Bluff neighborhood initially started to be recognized as an up-and-coming community a couple years ago when many of its older homes began being purchased, rehabbed, and re-sold to home buyers who appreciate historic homes but also wanted, or needed, to buy on the cheap.
For years, Dayton’s Bluff was hardly an option for anybody looking for a new place to live, especially as crime continued to plague the area for as far back as some locals can even remember. Today, however, the neighborhood vibe is completely different and its transformation into one of St. Paul’s hottest communities in nothing short of miraculous.
Right around this time last year in fact, the revitalization of Dayton’s Bluff was starting to make headlines, both locally and nationally; and now nearly a full calendar year later, that trend is still continuing.
Just recently, national real estate information company Zillow Inc. mentioned a couple up-and-coming Minneapolis neighborhoods (Folwell and McKinley) as possibly being two of the hottest markets to watch in 2017, along with Dayton’s Bluff, which according to their research and analysis is projected to see a 6.7% increase in local home values.
As noted by Zillow, the median sales price for a home across the Twin Cities area right now is $232,000, and with most houses for sale in Dayton’s Bluff falling somewhere in between $120,000 and $160,000, the value and long-term potential of buying a home here is certainly strong to say the least. So if you're looking for a great long-term investment and are wondering where to buy in St. Paul right now, why not begin your search over in Dayton's Bluff?