Home Value Estimator For Red Wing, MN
There are currently 6,876 real estate properties
in Red Wing, MN,
with a median automated valuation model (AVM) price
of $280,790.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Red Wing, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Red Wing, MN,
is $313,478.00, with the most expensive house
in Red Wing, MN, topping out
at $8,426,263.00 and the cheapest home
in Red Wing, MN,
clocking in at $24,835.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Red Wing, MN!
Rent Prices
In Red Wing, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Red Wing, MN, is on
a rollercoaster ride. The
average rent price in Red Wing, MN,
is $1,498.00. Indeed, when looking to rent in
Red Wing, MN, you can expect to pay as little
as $680.00 or as much
as $3,400.00,
with the average rent median estimated to
be $1,460.00. The good news is that finding
an affordable and desirable property to rent in Red Wing, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
