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Lake Villa Estates <br />This new housing represents upper- income single family housing which is built in one of the most attractive areas of <br />•the City and close to a man -made amenity, the golf course. These are executive homes of higher quality <br />construction and well blended into the landscape on larger lots. <br />Zoning: R -1 <br />School District: Lakeville <br />Avg. Market Value: $189,047 <br />Average Unit Age: 3 Years <br />ANALYSIS: <br />Average Property Taxes: <br />Avg. # Children per Unit: <br />Avg. # People per Unit: <br />$4,228 <br />1.33 <br />3.61 <br />Lake Villa Estates turns an overall positive fiscal impact for the City. Police services are very minimal. It is mainly <br />serviced by the I -35 and Hwy. 50 business area and the Burnsville Center area. The higher value of these homes <br />compensates for the lower density. <br />FINDINGS: <br />This type of development consumes land area, but does not burden city finances. If possible, the City should make <br />efforts to encourage developers to replicate the quality of landscaping. <br />• <br />18 <br />