It is true that a 2007 issue of Money Magazine recognized Chaska Minnesota as the “8th best place to live.” However, the housing downturn has impacted the community as it has elsewhere, and Chaska foreclosures are creating a buying bonanza for Chaska home buyers. Prices in general are down here for a number of reasons, one of them certainly being a good assortment of Chaska foreclosures and bank owned homes.currently available on the MLS system. Opportunities for purchasing Chaska foreclosures include all types of residential properties in all price ranges. Chaska foreclosures include everything from starter homes and condos to luxury homes and lake homes.
Here are some Chaska foreclosures that were recently posted to the MLS:
Chaska Foreclosures: An Excellent Investment Opportunity
However, you should not expect these market conditions and excellent selection of Chaska foreclosures to last forever. The Chaska real estate market is still a great place to invest in your next home, especially if you are looking for a good long-term investment. Chaska real estate is expected to hold its value over the long term, thanks to the high quality of life that the locals enjoy, as evidenced by:
- Excellent, award winning Chaska schools (ISD 112)
- Plenty of parks
- Lake Bavaria
- Outstanding community center
- Low crime
- Diverse employers, including high-tech industry leaders
- Reasonable property taxes
- High median family income
- Growing population
- Easy commuting (new freeway) with park-and-ride options
Call us for information on finding the best deals on Chaska foreclosures.
Top image courtesy of http://reeseimaging.com.