Rochester offers the cosmopolitan lifestyle of a larger city without the overcrowding and congestion typically found in comparable areas. More than 104,000 residents enjoy access to first-rate schools and large employment centers, as well as world-renowned healthcare, an extensive parks and trails system and excellent opportunities to shop, dine and enjoy the arts. These appealing features have established Rochester as a prime place for young professionals, families and retirees. And who wouldn’t want to live in one of the “Best Small Cities” in America (as noted by Money magazine)?
The reasons people invest in the residential real estate market of Rochester are endless. While the city’s host of sophisticated features draws in more and more people each day, it has managed to retain a smaller, tight-knit community feel. For a city of its size and scope, Rochester offers reasonable home prices and an affordable cost of living.
Potential homebuyers discover a great selection of homes in the Rochester area. A wide variety of home types are complemented by diverse options for cost, style and location. Beautiful luxury estates are nestled within the area’s natural setting, affording homeowners more acreage. Large suburban homes in newer subdivisions are mixed in with modest single-family residences nestled in the community’s more established neighborhoods. Rochester is also furnished with high-quality townhome developments and convenient downtown condominium and apartment complexes.
The real estate market in the Rochester area is historically formidable, and a growing population maintains this industry’s strength. The average price for a home in Rochester is $153,375, according to the Southeast Minnesota Association of Realtors, 2010. Reasonable rental units are also available throughout the area.
The area is well-equipped with a number of knowledgeable realtors, who are ready to help in both the buying and selling processes. Contact the Rochester Area Chamber of Commerce at (507) 288-1122 or visit the online Business Directory at www.rochestermnchamber.com to access a list of referred realtors in the community.