Business Magazine

Bancroft... Vibrant, Affordable South Minneapolis Neighborhood

By Homesmsp @HomesMSP

The Bancroft neighborhood of south Minneapolis developed primarily in 1910-1930, when residents would hop on street cars along Bloomington and Cedar to go downtown to work.It also has the appeal of being not far from lakes and Minnehaha Parkway.

Bancroft-mapData

This popular and affordable area is primarily residential, with charming houses built before 1940 that are 79% owner occupied. 21% of the residents have at least some college, and 48% are families with children. Average sale price of Bancroft homes sold this past year was $175,328.

Bancroft-houses

The combination of homes with character, affordable prices and welcoming community makes this a neighborhood especially appealing to first-time homebuyers.

Bancroft-back yard

I am curently helping a young couple sell their home in the Bancroft neighborhood and here are things they love about their community...

  • Friendly, welcoming neighbors
  • Participate in national night out
  • Share dog sitting and child care
  • Invested in the connectivity of the neighborhood
  • Close to 48th & Chicago shopping, restaurants, alternative health clinics
  • Close to the up and coming 38th & Chicago
    • Blue Ox Coffee, Fire Art Center, art galleries
    • New location of the soon-to-open Seward Co-op
  • Close to  Colossal Café to the east and Kim Bartmann’s soon-to-open Tiny Diner to the north

Sharlene Hensrud, RE/MAX Results - Email - Minnepaolis Nokomis Area Realtor

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