Home Remodeling and Renovation in
Minnehaha Falls, Minneapolis, MN
Minneapolis Home Remodeling Outlook
With a population of 382,578* and a geographic area comprised of more than 53 square miles*, Minneapolis is a significantly large city comprised of a variety of neighborhoods and homes of all sizes and styles. Typical home styles include, but are not limited to, Craftsman, Arts & Crafts, Bugalow, Mission, Cape Cod, Victorian, Tudor, Prairie, Ranch and more. Many of these homes are at an age where families are looking to improve overall layout and function yet retain much of the home's original character and style. And exterior renovations often go hand-in-hand with interior updates.
According to "Remodeling Magazine," Minneapolis is the number two city on the list of top 100 remodeling markets of 2012. This healthy market suggests that Minneapolis residents are not only finding functional or practical reasons to update their homes, they're also finding a value — whether as it relates to economic or lifestyle — in remodeling versus selling and buying a new home. Major house additions and even teardowns followed by custom home construction are also common, especially within areas surrounding the city's many lakes.
If you're a resident of Minneapolis and considering a home remodeling or custom home construction project, contact Ispiri today.
*2010 Census, U.S. Census Bureau
Minneapolis History and Overview
Minneapolis, nicknamed "City of Lakes" and the "Mill City," is the county seat of Hennepin County, the largest city in the state of Minnesota, and the 48th largest in the United States. Its name is attributed to the city's first schoolteacher, who combined mni, the Dakota word for "water," and polis, the Greek word for "city."
Minneapolis was once the world's flour milling capital and a hub for timber, and today is the primary business center between Chicago and Seattle with Minneapolis containing the fifth highest concentration of Fortune 500 companies. Six Fortune 500 corporations make their headquarters within the city of Minneapolis: Target, U.S. Bancorp, Xcel Energy, Ameriprise Financial, Thrivent Financial for Lutherans and PepsiAmericas.
The economy of Minneapolis today is based in commerce, finance, rail and trucking services, health care, and industry. Smaller components are in publishing, milling, food processing, graphic arts, insurance, education, and high technology. Industry produces metal and automotive products, chemical and agricultural products, electronics, computers, precision medical instruments and devices, plastics, and machinery. The city at one time produced farm implements.
Minneapolis has a great many cultural organizations that draw creative people and audiences to the city for theater, visual art, writing, and music. The region is second only to New York City in live theater per capita and is the third-largest theater market in the U.S. after New York and Chicago. The Minneapolis Institute of Arts in south-central Minneapolis is the largest art museum in the city with 100,000 pieces in its permanent collection.
Minneapolis is also America's third-most literate city. A center for printing and publishing, Minneapolis was a natural place for artists to build Open Book, the largest literary and book arts center in the U.S., made up of the Loft Literary Center, the Minnesota Center for Book Arts and Milkweed Editions, sometimes called the country's largest independent nonprofit literary publisher. The center exhibits and teaches both contemporary art and traditional crafts of writing, papermaking, letterpress printing and bookbinding.
The Minneapolis park system has been called the best-designed, best-financed, and best-maintained in America, and Minneapolis has seven hospitals, four ranked among America's best by U.S. News & World Report.