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PCSR AGENDA 03-08-2005
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PCSR AGENDA 03-08-2005
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<br />. <br /> <br />. <br /> <br />. <br /> <br />. Star Tribune · Pag~}I3 <br /> <br />, <br />. . <br />I <br /> <br />NEIGHBORHOOD SPOTLIGHT I OTSEGO .~ !,q /05/ . <br /> <br />It's 'coun1ryish' but not is olated <br /> <br />By.Susan E. Peterson <br />Star Tribune Staff Writer <br /> <br />Todd and Linda Knudson <br />remember when Otsego was sur- <br />rounded by working farms and <br />open countryside dotted with <br />homes in a few widely scattered <br />developments. <br />That was 12 years ago, when .. <br />the Knudsons built their split, <br />level house. Now Otsego,like its <br />better-mown neighbors Rogers <br />and Alb~rtville, is booming, with <br />single-family and townhouse de- <br />velopments sprouting throughout <br />the 34-square-mile town. Mike <br />Robinson, Otsego's city adminis- <br />trqtor, estimated that .the popula- <br />tion has jumped from about 6,400 <br />in 2000 to about 10,000 today. <br />The rebuilding of nearby Inter- <br />state Hwy. 94 means Otsego is a <br />35- to 40-minute drive north from <br />Minneapolis, and that's encourag- <br />ing even more interest in the area, <br />said Stacey and pavid G~ist of <br />Real Estate Express ,in Rogers. <br />David Geist, who's been seU~ <br />ing homes in the area for about <br />12 years, said a lot of homes were <br />built in Otsego in 2001-2002, after <br />the city loosened acreage require- <br />ments and started switchi,ng to <br />city water and sewer. "There .rre <br /> <br />, <br />. <br />'fe"~, <br /> <br /> <br />( Susan E. Peterson/Star ribune <br />Todd lmd Linda Knudson, parents of Samantha, 3, and Tyler, 5, have seen Otsego grow dramatically: <br /> <br />Ots~go <br /> <br />Total number. of sales: 243 <br />:.,..1:....,...........<....,.,......,......, ",_,,:_.-. <br />. PQllariY9Iuml;l; $51,272,:J.02 '. <br />Average list price; $259,469 <br />Ml;ldian li~t price: $237,453 <br />Average sale price; $210,996 <br />Median 5!lle price: $190,069 <br />Low sale price; $87,950 <br />. tUglJslIl~prlce; {fifi!;)1,170 <br />AVllra~edaY5 on the market: 50.3 <br />; ~ct!yfitllstlngs; :1,24 .' . <br /> <br /> <br />Recent home sales <br /> <br />
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