7 Factors Rank Wayzata, MN as One of the Best Cities for Living in 2020
Wayzata, Minnesota is a lovely, lakeside city directly west of the Minneapolis/St. Paul metro area by 12 miles. In the Land of 10,000 Lakes, this city is serious about providing a clean, accessible, public lake experience for all with plans for continual improvement of the downtown and lake experience. It’s a safe city with eco-conscious, family values, and the lake is a main attraction and a gathering place for friends of all ages.
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With a population of around 4,500, Wayzata, Minnesota (pronounced wy-zeta) is the perfect place for those of you who like clean living, shopping and dining, and life on the north shore of a Minnesota favorite: Lake Minnetonka. The downtown lakefront district visually demonstrates the historical significance of the railroad with the Depot Museum and the Section Foreman’s House as landmarks.
We’ll discuss about things to consider when buying a new house. Each will rank differently in importance for individual buyers, but all points are worth examining.
Admittedly, the cost of living in Wayzata is much higher than national average, and the lifestyle and amenities seem to support it gracefully. It’s a family-friendly city with plenty of opportunities for work, play and worship. Being so closely connected to the water, sailors expand their horizons at the Wayzata Yacht Club for sailing and racing on Lake Minnetonka and in the Apostle Islands.
Credit scores are the most significant driving factor in deciding what mortgage loan you will be eligible for and what interest rate you will qualify at. It’s crucial that you make sure your credit score is as high as possible before applying for a mortgage loan or any loan for that matter; otherwise, you will be paying for it for many years to come.
With significantly lower-than-average unemployment, residents enjoy careers in retail, professional and technical services, healthcare and science, and finance and insurance. With attractive employment in the city and the nearby Minneapolis metro, the average commute is less time-consuming than the national average. Employment choices are plentiful with such companies as Cargill, Polaris, General Mills, Carlson Companies, Target, Best Buy, Thrivent and UnitedHealth.
This article is going to focus on the top 5 items that can cause issues during the loan process and ultimately lead to the loan getting declined.
Typical home prices in this water-inspired community are around $500,000- $600,000 which is much higher than most cities in the state. And, if you’re looking for luxury, you’ll easily find homes with values in the millions and square footage to allow entertaining the entire neighborhood with room to spare. With appeal for families and empty nesters, Wayzata offers some of Minnesota’s finest properties.
In this article, we’ll outline ways to break the process into manageable steps. This will relieve the stress and help ensure that you don’t miss anything. We’ll talk about helpful resources to guide you on your way and give you tips on when to rely on yourself. No one understands your financial goals and lifestyle priorities like you do, so you’ll want to protect them. Let’s take a look.
The highly educated community is definitely focused on education, with an educational spend per child above the national average and test scores consistently ranking much higher than state or national averages. The Wayzata school district includes roughly 11,400 students in parts of eight communities with several elementary and middle schools and one high school, all dedicated to their vision of providing a world-class education for all. Private schools are also readily available as are highly acclaimed colleges and universities.
In this article, I want to help you understand Contract for Deed financing as well as the pros and cons that accompany it. Hopefully, after reading this article, you will have a clear understanding of the process and know if this is the route you want to explore further.
6. Safety and Healthcare
Understandably, the crime rate in Wayzata is lower than the U.S. average, and residents feel it’s a very safe place to live, raise the families and retire. The city has claimed top billing on lists of most playful cities, safest cities for families with young children and best cities for a healthy retirement. Excellent medical care is convenient at Park Nicollet and Abbott Northwestern, both highly regarded hospitals. Also within a reasonable distance is Children’s Hospital and Maple Grove Hospital.
Buying a home for you and your family is a big deal, and we know it! It’s a huge monetary commitment, and for most people, it’s the largest purchase they’ll ever make. It also creates a very real impact on your lifestyle, sense of stability and level of happiness. You will spend a lot of time in the home and make a lot of memories there. There’s definite pressure to get it right.
If you’re familiar with Minnesota’s weather, you’ve undoubtedly heard incredible stories of winter survival comparable to living in the arctic. Not true. It does get cold in winter of course, but Minnesotans are a hardy bunch who enjoy skiing, snowboarding, ice fishing and tobogganing.
Drivers are tough, and vehicles are tougher. You’ll even find winter festivals and parades. Once spring hits, there’s nothing more beautiful than sunlight on the water and flowers starting to bloom. Winter clothes are stored away, and convertibles are all the rage.
Summer finds temperatures in the 80s and 90s, and people on the golf course, on the beach and in the parks. Take your pick of biking, hiking, tennis or bocce ball, and join friends and family for free Sunday concerts. Or, test your sailing skills on the lake or take yourself back on time while relaxing aboard the Steamboat Minnehaha with views of the stylish homes along the shore.
Dining varies from lakeside casual to elegant cuisine, and patios and decks are always great gathering places. No matter the season, this city is absolutely stunning and a peaceful place for a little zip-code enchantment.
In this article, we’ll give you an overview of the differences in purchasing and owning these homes to help you get started toward your best decision.
To sum up:
A gem of a city, Wayzata is a safe place to call home, with a welcoming blend of historic waterfront and charming boutiques, excellent schools and a growing job market. Neighborhoods instill a sense of community, and the city harbors a deep, protective bond with nature.
The beloved Lake Minnetonka is ever-present in the daily life of residents, workers and visitors. Just a quick 15-minute drive west of Minneapolis, Wayzata is close to all the action of the big city for the best of both worlds. When you’re looking for a city with an upscale, vacation-style identity, you’ll find it in Wayzata.
If you enjoyed this article and dreaming of Wayzata and the beautiful Lake Minnetonka, please share it with your social media friends who might also have interest. Thank you!