Skip to main content

NYT compares $1.8M homes in Minneapolis, Denver and Philadelphia

It's an 8-bedroom, 8-bathroom home in Minneapolis' Lowry Hill neighborhood.

How much house does $1.8 million get you in Minneapolis, compared to Philadelphia and Denver?

The New York Times asked that question Wednesday, comparing three on-the-market houses by looking at how much space you get, indoor and outdoor features, and taxes.

The Minneapolis property is this one, in the Lowry Hill neighborhood (by the Sculpture Garden and Walker Art Center). It's listed for sale by Berg Larsen Group of Coldwell Banker Burnet for $1.795 million, and has eight bedrooms and eight bathrooms spread over 9,365 finished square feet and four levels. It's got two garages with a garden and tunnel room, and views of the downtown Minneapolis skyline – there's a 3-D tour at the listing site too.

The real estate agency's brochure says the home was designed in 1931 by William Kenyon. Since then it's had just three owners, and still has many of its original features. (You can even go through the disclosure form if you want more details – hot water in the second floor janitor's sink doesn't work, but hey, it isn't marked as being a meth house!)

As for the homes it's going up against, the Denver home is a 1912 turreted house that is also $1.795 million – but it's only got about 60 percent of the square footage of the Minneapolis home, making the price per square foot $302 compared to $192.

The Philly home is even pricier in that context, at $354 per square foot for the 1911 stone house that has five bedrooms and four full bathrooms. But taxes are just $13,923 a year – compared to $31,038 annually for the Minneapolis property. (Denver's property taxes were just $10,043.)

But check out the New York Times story for way more info about each house.

Living in the Twin Cities

The Lowry Hill property is on the market, naturally – but even if you're looking under that price range, houses in the Twin Cities can be decently pricey relative to recent years.

The Minneapolis-Saint Paul Area Realtors’ Association found the median sales price in the area last year was $232,000 – the highest it has ever been. Tack on the estimated cost of living  – $70,080 a year for a married, working couple with one child – and the price goes up even further if you want to make your home in the Twin Cities.

Still, the average household income in the metro area was about $71,000 in 2015, according to Census figures,

Next Up

Screen Shot 2022-10-01 at 10.18.12 AM

3 St. Paul fast food restaurants robbed in space of an hour

The thieves struck between 7:15 p.m. and 8 p.m.

Screen Shot 2022-10-01 at 9.06.40 AM

What to do with the Kmart site? Minneapolis wants your ideas

The project will connect Nicollet Avenue south of Lake street and north of the Midtown Greenway, reestablishing a street grid.

Screen Shot 2022-10-01 at 7.53.55 AM

Crowd evacuated at end of homecoming football game in Brooklyn Park

Police blamed 'unruly teens' in the stands and some who were trying to enter the stadium.


State to help 44 Minnesota gas stations add E15 pumps

The yellow 88 button is coming to more gas stations in Minnesota.

Screen Shot 2022-09-30 at 4.54.42 PM

FBI, police investigating bank robbery at Edina's 50th and France

An ATM technician was robbed by four men at a U.S. Bank.

Ethan Glynn

Paralyzed Bloomington football player begins rehabilitation in Colorado

Ethan Glynn is at a world-renowned rehabilitation hospital.

Press Bar fire

Owner of St. Cloud bar gets 6 years for arson, ordered to repay $3M

A February 2020 fire at the Press Bar and Parlor was later determined to be an insurance job.


Bloomington, Richfield districts tighten security ahead of weekend football

Enhanced safety measures will be in place this weekend.

Screen Shot 2022-09-30 at 2.23.15 PM

Walz sends MN first responders to help with hurricane recovery in Florida

Eight members of the Minnesota All Hazards Incident Management Team will travel to Florida.


Wait ... what? Report says Minneapolis is 3rd most expensive city in North America

The Economist says that Minneapolis is a more expensive place to live than every other U.S. and Canadian city except New York and Los Angeles.

How does Walmart's new free shipping deal compare with Target and Amazon?

Walmart has upped its game in the shipping battle with Target and Amazon.

Comparing the tax cut plans from Republican lawmakers and Gov. Dayton

GOP lawmakers in the House and Senate have offered up big tax cuts. The governor's tax cut plan isn't as large.

A booming gluten-free bakery plans 1st storefront – but a beloved coffee shop has to find a new home

The coffee shop, a neighborhood staple, has to leave. In its place will be a fast-rising gluten-free bakery business.

The Tip Jar: Cheaper ways to make your home more valuable before you sell

Think twice before that $50,000 kitchen remodel, there are most cost-effective ways to boost your home's value.

Here's why fewer Minnesotans are losing their homes to foreclosure

Good news for homeowners, not for potential buyers looking for a cut-price deal.

How you doin' (your taxes)?

Is filing your taxes annoying? Yes. But the sooner you get it done, the sooner you can forget about it.