The St. Cloud real estate market is buzzing, as highlighted by the recent sales of luxury homes. The week of August 5 marked the sale of some noteworthy properties, showcasing the city's vibrant housing scene. Topping the list, the most expensive home sold for $794,000, located at 5029 Red Hawk Court, Saint Augusta. This spacious abode, built in 2000, spans 4,317 square feet and boasts impressive livability with features appealing to families and professionals alike. The price per square foot for this residence came to $184.
But the excitement doesn’t stop there. Alongside this stunning sale, other properties changed hands, reflecting varied tastes and budgets among homebuyers. Let's take a closer look at the ten most expensive homes sold during this week, offering insight not just about prices, but the kind of lifestyle these properties signify.
At number ten on the list, we have 1014 17th Ave. N, St. Cloud, which sold for $225,000. It was built back in 1946 and features 972 square feet of living space, amounting to $231 per square foot. A classic choice for first-time homeowners or those seeking to downsize.
Just above it, number nine is the property at 832 25th Ave. N, sold for $230,000. This one, built in 1963, offers 1,120 square feet and was snagged for approximately $205 per square foot. Perfect for those who appreciate mid-century design.
Moving up, the eighth spot features 1234 10th Ave. N, where the new owners paid $249,900 for 1,792 square feet of space. Constructed in 1953, this property shows how older homes can combine charm with greater square footage, selling for $139 per square foot.
At the seventh position, we have 940 Spruce Drive. This property sold for $265,000 and brings 1,484 square feet built back in 1968, making it both spacious and affordable at $179 per square foot.
Next on the list at number six, 1229 12th Ave. N sold for $300,000. This 1,872 square-foot house from 1963 fetched $160 per square foot, catering to families seeking comfortable living.
At fifth place, 2206 Viking Drive closed at $319,900. This cozy home, built in 1998, provides 1,415 square feet with $226 spent per square foot, reflecting modern amenities along with affordability.
For the fourth most expensive sale, 506 Montrose Road, sold for $350,000, this residential gem built-in 1987 features 1,744 square feet at $201 per square foot. It showcases not only spacious living but also the potential for customization with modern touches.
Positioned at number three is 1500 39th Street S, which sold for $454,000. Here we see newer constructions paying off, with 1,665 square feet built only recently, in 2009, equalling $273 per square foot.
Following closely at number two is the home at 1780 Sixth Ave. N, which sold for $625,000. This property is significantly larger at 2,188 square feet, built-in 1954 and totaling $286 per square foot, ideal for affluent families or individuals seeking expansive living spaces.
The trend signifies more than just numbers. It tells us the demand for spacious, comfortable homes remains strong, especially those with historical backgrounds or those appealing to modern buyers seeking amenities. The St. Cloud area encapsulates this duality with properties appealing to traditionalists and modernists alike.
Throughout the week, 17 residential real estate transactions took place, with the average home price settling at around $298,012, and the average cost per square foot standing at $184. This balance between price and space indicates consistent demand and investment potential within the area.
These noteworthy sales reflect not only the financial stakes but also the lifestyle elements involved. From sizable houses perfect for family gatherings to cozy homes for first-time buyers, St. Cloud's real estate market appears to cater to diverse needs, strengthening the local economy,” explains local real estate expert John Smith. “People are eager to invest, making the most of available properties before potential price hikes.”
Looking at this local market, it’s fair to say buyers are likely doing their homework, weighing both costs and benefits as they navigate these transactions. For many, ownership isn’t just about having shelter; it speaks volumes about their lifestyle preferences and aspirations.
These intriguing insights about home sales give invaluable perspectives on local housing trends. With the real estate market being as dynamic as ever, prospective buyers or investors should keep their eyes peeled. The homes, the prices, and the living experiences are diverse and inviting, proving St. Cloud continues to be not only appealing but also promising for future investments.
Whether you're dreaming about your first home or searching for your next big investment, keeping track of these trends could prove beneficial. The community’s thriving market and the variety of homes sold depict not just the prevailing economic climate but also the unique character of St. Cloud, where history meets the promise of modern living.
