Faribault
Real Estate
More apartments, senior housing coming to Faribault
Three developers are making plans to build more housing in Faribault. Two apartment complexes and a senior facility are proposed. The Faribault City Council approved preliminary development agreements with the companies on Tuesday. The city has been working with Hamilton Real Estate and Aleph Holdings to begin the process of building more apartments. “According to...
Construction costs contribute to persevering housing shortage
The need for new housing in Faribault is apparent. City staff have recognized this issue and taken strides to promote projects bringing housing developments into town. City Administrator Tim Murray, the former city engineer, summarized the change in housing trends over the past 25 years. “Especially in the ‘90s and early 2000s, builders used to build a lot more single-family homes or small townhomes. Those numbers have been down pretty...
Paradise looks to new goals after paying off mortgage
In the closing months of 2021, the Paradise Center for the Arts was able to pay off its mortgage and declare itself debt free. A ceremonial “mortgage burning” ceremony in December celebrated this accomplishment but the Paradise’s newly acquired debt free status was also the starting point for several exciting new initiatives for the arts center located at 321 Central Avenue N. in downtown Faribault. “We did that through our...
Southern Minnesota assessors report increases to home valuations
While the numbers won’t be finalized for some time, local county assessors say that the incredibly strong housing market could lead to historic increases in single family home valuations in 2022. While housing prices have been on the rise locally for close to a decade, Le Sueur County Assessor Shayne Bender said that 2021’s jump is likely to be on a different scale, with average valuations for single-family homes likely to be up as much as 25% to 30% this year. ...
Take a look at these homes on the Faribault market now
Whether you’re looking for a new home on acreage or a fixer-upper close to amenities, you can probably find a listing here to suit you: UNIQUE & RARE OPPORTUNITY! This property will WOW. Sitting just outside of City limits, the 18 Acres was at one time the main site
Realty duo hopes to offer flexibility, innovation with Legacy brand
Dec. 21 was the first of many community events at Legacy House in Faribault. Hailey Warner and Lacie Nelson, who recently started Legacy House eXp Realty in Faribault, hosted a Christmas-themed event at the downtown location, where children could visit with/get a gift from Santa, color pictures, eat cookies, drink hot chocolate and enjoy time with their families. The community event was a way for Warner and Nelson to give back to the community, bring people together and get to know others. ...
Quonset home in Faribault has origins in WWII
The recent storms and high winds that swept through the Faribault area last week put the spotlight on a residence in the community after a large tree fell on its roof. Homeowner Roger Fette was in the basement of his home on Bagley Avenue when the tree toppled over due to the high winds that night. The tree probably would have severely damaged most homes of typical wood frame construction, but Fette’s home received minimal damage due to the unique and somewhat historical nature of...
With Archer House soon to be demolished, developers aim to save historic items
Rebound Partners is hanging on to as much of the past as possible, even while moving forward with a rebuild on the Division Street site of the former Archer House River Inn. Following the Northfield City Council’s Dec. 7 unanimous vote deeming the remainder of the fire- and water-damaged structure as substandard, demolition of the building is imminent. “The initial demolition date depends somewhat on the weather,” said Brent Bielenberg, a part-time community relations employee with Rebound. ...
Faribault-curious? These homes are on the market
Whether you’re looking for a new home on acreage or a fixer-upper close to amenities, you can probably find a listing here to suit you: Another amazing creation from KMichael Homes LLC. This home, backed up to the park, 5 bed, 3 bath, split with a covered deck included.
Faribault-curious? These homes are on the market
Whether you’re looking for a new home on acreage or a fixer-upper close to amenities, you can probably find a listing here to suit you: Exceptional 2 Story walk-out with over 3400+ FSF, New roof, 4 bedrooms on the upper level, Large private master bathroom, 4 total bathrooms, 2
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