Common property types in Minneapolis
Our area has many kinds of residential real estate. With a population of over 400,000 people in Minneapolis, the types of residences are varied.
- Single-family homes: Standalone houses are what people generally think of when someone says “house.” They provide privacy, often have yards for get-togethers and for children to play, and typically have a generous living space, so they are especially popular with families
- Duplex/triplex/quadplex: These multi-tenant properties generally look like standalone houses, but with several entrances. Duplexes have two units in a house, with triplexes and quadplexes having three and four, respectively. These residences were generally built before the mid-1980s because of changes in zoning laws.
- Townhomes: Townhome units share walls with other units. They are often narrow with several floors and are popular with people who want more of an apartment-style life while still owning their own place. They’re often called “row houses.”
- Condos: Condominiums are individually owned but are part of a building or complex that houses other condos, and sometimes commercial spaces and shared common spaces. Condos are especially popular with empty nesters and retired people due to their low maintenance.
Things to consider when selling different types of real estate
Although the basics of selling property are the same, there are some things to keep in mind when you want to sell your condo or sell your duplex.
- Single-family homes: To get top dollar, standalone Minneapolis houses should be in pristine condition and staged for showings and photographs. Negotiations are typically required during the selling process. The marketing for this type of dwelling is straightforward and targeted to a large pool of buyers.
- Duplex/triplex/quadplex: These are multi-unit, but the FHA considers them single-family dwellings. The target market is small-time investors and extended families who would like to live near each other. If selling to an investor, they will want to see the rental occupancy records. The pool of buyers is likely smaller than for a single-family house.
- Townhouses: The smaller buyer pool means focusing the marketing strategically to the right audience, who are generally young, busy professional adults.
- Condos: Since condominiums are favored by an older demographic due to their low maintenance, focus marketing on that age group. Tell any potential buyers about poorly managed homeowners associations (HOA) or deferred maintenance issues that may lead to special assessments.
Selling to We Buy Ugly Houses® is a hassle-free solution.
We Buy Ugly Houses® offers a simplified solution for Minneapolis homeowners looking to skip the hassles of the traditional house-selling process. Regardless of your property type—whether it's a single-family home, a duplex, a townhome, or a condo—we streamline the selling process to just 3 steps and work with you to figure out a closing schedule that fits your timeline. We’re the Minneapolis property buyers you can trust, as reflected in our high nationwide 95%* customer satisfaction rating from sellers who responded to our post-sale survey.
- Get a consultation: Reach out to us for a free, no-obligation visit, and a friendly, local property specialist will tour your property and answer your questions about the process.
- Receive an offer: We can provide a fast offer, sometimes on the day of our visit. We charge no hidden fees, have no commissions, and pay typical closing costs. Our offers are usually below market value in exchange for speed and convenience. We buy “as is,” and that means you won’t have upfront costs for any house repairs when selling.
- Schedule a closing date: If you accept our offer, we’ll complete the closing process, usually within weeks, or longer if you need the time. We do our best to find a closing date that works with our sellers’ schedules.
