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Rent To Own Homes in Waverly, MN

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Living in Waverly, MN

Waverly, MN, is a picturesque small town that offers a warm community spirit and a variety of outdoor activities. With top-notch schools and essential amenities, it's perfect for families and individuals looking for a peaceful lifestyle. Residents can enjoy local parks and events that celebrate the town's charm and neighborly atmosphere.

Current Market Conditions in Waverly, MN

The real estate market in Waverly is currently showing signs of growth, with an uptick in demand for single-family homes. Prices have increased slightly over the past year, reflecting a trend where buyers are seeking quieter locations outside larger cities.

Waverly remains an affordable option compared to surrounding areas, making it an attractive location for first-time homebuyers and families. The market is characterized by a mix of older homes and newly constructed properties, catering to diverse buyer preferences.

Home Value Estimator For Waverly, MN

There are currently 1,152 real estate properties in Waverly, MN, with a median automated valuation model (AVM) price of $351,566.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Waverly, 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 Waverly, MN, is $394,638.00, with the most expensive house in Waverly, MN, topping out at $3,134,741.00 and the cheapest home in Waverly, MN, clocking in at $16,080.00. In other words, there’s something for every potential homebuyer or savvy investor in Waverly, MN!

Rent Prices In Waverly, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waverly, MN, is on a rollercoaster ride. The average rent price in Waverly, MN, is $1,434.00. Indeed, when looking to rent in Waverly, MN, you can expect to pay as little as $590.00 or as much as $3,580.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Waverly, 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.

Waverly, MN Rent To Own Homes

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