Mary Leizinger RE/MAX Results |
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www.MaryLeizinger.com RE/MAX Results 11200 W. 78th Street Minneapolis, MN 55344 |
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Home Office 763-559-6642 Mobile 612-940-6225 Office 800-878-2901
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Minneapolis New Construction
"August residential permit figures suggest the region is considerably stronger than the national averages. While August 2010 planned units were down about 15 percent from 2009, August units were up 73 percent from July 2010, and higher than in eight of the past 12 months."
Builders Association of the Twin Cities

Building Permits - Year to Date through August, 2010:
| Year |
Permits |
Permitted Units |
Value |
| 2006 |
5,492 |
9,402 |
$ 1,878,004,244 |
| 2007 |
3,633 |
6,408 |
$ 1,305,805,232 |
| 2008 |
1,944 |
3,596 |
$ 1,050,110,969 |
| 2009 |
1,473 |
2,516 |
$ 499,907,994 |
| 2010 |
1,995 |
3,252 |
$ 656,794,304 |
Top Cities - Permits Year to Date thru August, 2010:
| 1 |
Maple Grove |
185 |
| 2 |
Blaine |
171 |
| 3 |
Shakopee |
136 |
| 4 |
Woodbury |
118 |
| 5 |
Lakeville |
93 |
Top Cities - Permitted Units Year to Date thru August, 2010:
| 1 |
Woodbury |
400 |
| 2 |
Minneapolis |
331 |
| 3 |
Apple Valley |
207 |
| 4 |
Maple Grove |
197 |
| 5 |
Blaine |
196 |
Multifamily Construction as a Percentage of Total Activity:
2009 2010
| Sep |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
| 49 |
29 |
59 |
43 |
48 |
16 |
69 |
22 |
38 |
33 |
16 |
49 |
42 |
The Builder's Association of the Twin Cities reports the following builder rankings by sales volume and units closed for 2006/2007/2008/2009.
1. Lennar - Minneapolis/St.Paul $432,283,453 / $330,951,353 / $176,509,862 / $104,526,484 1189 / 881 / 457 / 288
2. Pulte Homes / Centex Homes $437,087,235 / $277,406,553 / $168,405,385 / $100,200,000 1677 / 1098 / 612 / 415
3. D.R. Horton, Inc. - Minnesota $214,056,000 / $161,075,000 / $89,823,000 / $72536,000 754 / 601 / 299 / 270
4. Ryland Homes - Twin Cities Division $143,500,000 / $109,315,000 / $80,000,000 / $63,300,000 479 /372 / 299 / 261
5. Mattamy Homes - MN Division Not Ranked / $73,701,263 / $50,000,000 / $59,800,000 Not Ranked / 225 / 178 / 236
6. The Rottlund Company, Inc. $130,095,628 / $93,200,000 / $50,000,000 / $52,745,170 512 / 365 / 222 / 242
7. K. Hovnanian Homes of Minnesota LLC $110,585,592 / $121,813,335 / $98,554,000 / 46,000,000 419 / 412 / 345 / 165
8. Minks Custom Homes, Inc. $32,183,496 / $38,904,275 / $32,030,124 / $34,644,375 114 / 130 / 104 / 111
9. KEY LAND Homes $58,639,645 / $36,236,269 / $25,473,140 / $24,276,051 169 / 110 / 78 / 89
10. Hanson Builders $47,336,790 / $$22,092,733 / $16,479,600 $22,653,169 68 / 26 / 30 / 37
11. Charles Cudd, LLC $44,264,309 / $51,612,466 / $36,002,715 / $19,125,000 45 / 64 / 40 / 14
12. Donnay Homes, Inc. $42,792,000 / $25,000,000 / $16,000,000 / $17,800,000 170 / 87 / 50 / 60
13. Hans Hagen Homes $50,287,000 / $26,000,000 / $20,385,000 / $15,830,000 145 / 84 / 74 / 68
14. Country Joe, Inc. Not Ranked / Not Ranked / $15,000,000 / $15,468,305 Not Ranked / Not Ranked / 35 / 36
15. Woodside Communities of Minnesota Not Ranked / Not Ranked / Not Ranked / $15,048,251 Not Ranked / Not Ranked / Not Ranked / 83
16. McDonald Construction, Inc. Not Ranked / Not Ranked / $17,500,000 / $14,532,728 Not Ranked / Not Ranked / 29 / 21
17. Sharper Homes, Inc. Not Ranked / Not Ranked / $11,057,422 / $11,000,000 Not Ranked / Not Ranked / 43 / 40
18. TJB Homes Not Ranked / Not Ranked / $13,167,323 / $10,509,513 Not Ranked / Not Ranked / 18 / 20
19. Pratt Homes Not Ranked / Not Ranked / $15,446,000 / $10,191,159 Not Ranked / Not Ranked / 32 / 24
20 Keith Waters & Associates Not Ranked / Not Ranked / Not Ranked / 3 Not Ranked / Not Ranked / Not Ranked / $9,000,000
21. Brandl-Anderson Homes $27,091,000 / $20,840,446 / $15,717,388 / $8.504.017 96 / 66 / 47 / 29
22. Stonewood LLC Not Ranked / Not Ranked / Not Ranked / $8,290,833 Not Ranked / Not Ranked / Not Ranked / 7
23. SW Wold Construction Not Ranked / Not Ranked / Not Ranked / $7,443,201 Not Ranked / Not Ranked / Not Ranked / 44
24. Custom One Homes Not Ranked / Not Ranked / Not Ranked / $6,459,000 Not Ranked / Not Ranked / Not Ranked / 12
25. Avalon Homes Not Ranked / $22,272,237 / $17,580,315 / $6,034,000 Not Ranked / 82 / 58 / 28

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 Minneapolis Area New Construction Search: - Lots - Parade of Homes - MLS Search

Do you need an agent to buy a new construction home?
Without one, you are not represented. The friendly sales person at the model represents and will negotiate against you for the interest of the builder. Most builders will pay the buyers agent commission IF the agent accompanies the buyer into the model for the first visit and registers their representation of the buyer. Doesn't it make sense to have an experienced professional in your corner who will help you make the best decisions on developments, quality, lot, upgrades and the host of other decisions that have to be made when building a new home?

Award Winning Builders and Model Homes
Average Years of Life for Home Components*
Appliances
13 Electric Range 15 Gas Range 13 Dryer 10 Washer 13 Refrigerator 6 Compactor 9 Refrigerator 9 Microwave 11 Freezer 14 Range Hood 10-15 Garage Door Opener 10 Exhaust Fan
HVAC
15-20 Furnace 16 Heat Pump 15 Central Air Conditioner 20 Tankless Water Heater 10 Gas/Electric Water Heater 35 Thermostat 15 Air Quality Systems 8 Humidifiers 8 Dehumidifiers 13 Electric Boiler 21 Gas Boiler
Surfaces
15 Paint 20-30 Decks 100+ Wood Floors 100+ Marble/Slate/Granite Floors Lifetime Stone Countertops 20 Cultured Marble Countertops 50 Vinyl Floors 25 Linoleum Floors 8-10 Carpet 20-30 Asphalt Shingles 25 Fiber Cement Shingles 30 Wood Shingles 50 Slate/Copper/Clay Roofs 15-20 Asphalt Driveways
Other Components
15 Faucets 20-50 Whirlpool Tubs 50 Copper Gutters 20 Aluminum Gutters 100 Copper Downspouts 30 Aluminum Downspouts 20 Built-in Audio 10 Heat/Smoke Detectors 5-10 Security Systems 20 Sprinkler Heads 15 Sprinkler Control
* Source: National Association of Home Builders, 2007
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