Why You Should Buy A Home In Minnesota Now

The housing markets will always have a degree of uncertainty to them. Purchasing a home in Minnesota now may take longer than you expect, but it can pay dividends for you or your family in the future. Whether you need a pre-built home ready for sale today or want to customize one of our amazing floor plans, Progressive Builders is ready to help you move up across the I-94 corridor.

Let us know if you have any questions about homes, floor plans, financing, or anything else about real estate!

1. Limited Supply

There is a limited supply of existing homes, which may only dwindle as time goes on. That means now is the time to prepare and place an offer on a home you want, or build your own if you can’t find the perfect home for sale now.

This shortage is due in part to the fact that many people are not moving out of their homes as they age, or they are downsizing into smaller properties. Also, many people have decided to stay put after their children have moved out of the house.

couple showing a keys of their new house

Image(s) licensed by Ingram Image & Stock Photo Secrets

2. Real Estate Tax Write-Off

On your federal and Minnesota state income taxes, homeowners who itemize their tax returns can deduct property taxes they pay on their main residence and any other owned real estate. This includes property taxes you pay starting from the date you purchase the property. The official sale date is listed on the settlement statement.

3. I-94 Corridor Market Is Hot

The I-94 real estate market is hot. Luckily, we have your back with newly built homes for sale from the St. Cloud-Sauk Rapids area, down to the central Monticello-Big Lake area, and even closer to the Twin Cities in Elk River-St. Francis and beyond.

The Progressive Builder floor plans are extremely popular, and whether you have your own land to build on or you need us to supply a plot, we can work with you.

4. Benefits Of New Build Home Ownership

Imagine building your dream home from the ground up. You can choose everything from the layout to the paint color. And best of all, you get to live in a place that is truly yours – a place where you can make as many memories as possible with your family and friends.

When you build your own home, you have more control over the appearance of your house, which means that you can create something truly unique and tailored to your needs. In addition to this, building your own home can also save you money because it will reduce the cost of renovations on an existing building.

There are many benefits to owning a new build home.

You can design the home to your exact specifications.
Depending on the floor plan, you can choose features that suit your needs, such as a larger kitchen or more bedrooms.
You can save money on things like utility bills, which are often cheaper in new builds because they have modern energy-efficient features.
You get to live in a brand-new home!