Richfield Housing
Richfield is known as the “suburban community with a small town heart,” with residential housing options reflecting that description.
Over 70 percent of the housing in Richfield are single-family homes, keeping with the “hometown” connotation. Much of Richfield was built in the 40’s and 50’s as servicemen sought places to raise their families. Cape Cod and rambler styles are the most predominant. Pride of ownership and care for a prized possession has helped these houses to become sought after properties today. This care is reflected in the fact that the median price of a single-family home is approaching $250,000.00 in 2007.
New home construction continues as extra large lots are divided and smaller homes are razed to make room for larger, higher-quality family homes.
The urban feel is clear in the many choices available in condominiums and townhouses that fill up as fast as they are built – especially by the over-50 generation. The desire to forever stop grass cutting and snow shoveling is a very enticing concept for those who opt for the urban lifestyle.
Apartments are plentiful and provide another housing option for those not in the market to own their residence.
An annual Remodeling Fair brings residents and contractors together to explore the “What’s New” in building materials, up-to-date home designs, and landscaping ideas. Richfield was first in the metropolitan Twin Cities to present a Remodeling Fair called “Street of Possibilities” beginning in 1993. This has had a strong influence in assisting homeowners to keep their property value growth among the steadiest in the area.
Richfield requires that all homes pass a maintenance code inspection before they are sold. This program, which began almost 15 years ago, is also a major influence in keeping Richfield on the cutting-edge of well-maintained suburbs.
Whatever type of housing you seek, it is likely that Richfield can meet your need.
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