Golden Valley Minnesota
Hi everyone! It’s been a while, real estate is BUSY right now but I have been working on a profile of Golden Valley & I wanted to share that with you.
I’ve been working with some buyers and we have been spending quite a bit of time in Golden Valley. Housing in the Minneapolis area is very tight right now and the availability of homes anywhere near the median twin cities home price of $330,000 are hard to find and gone within a day or two, and Golden Valley has been a surprising source of homes in this price range. While it definitely ALSO has higher priced homes, this is still an area that can be considered “affordable” and it has a LOT to offer. And I am going to cover it ALL (or at least a LOT of it!) and I’ll answer the 2 surprising questions I get asked so often about just about every area of the metro.
Golden Valley gets it’s name from flowing fields of wheat, fields of sunflowers OR Irish immigrants that had fond memories of the River Shannon. As a midwesterner, I’m going to put my money on the wheat.
People are HAPPY there…
The city does a periodic survey of it’s residents to find out how they feel about the community, and 98% of Golden Valley residents give the city an “excellent” or “Good” rating for quality of life. The three top reasons for the rating are Housing and Neighborhoods, People, and Government and Services. I can’t really look at the PEOPLE side of things but I will give you a look at housing and government services. FYI the last survey was in 2016 and here is the link if you care to read it.
Golden valley is in the NW side of Minneapolis and it is very conveniently located to the city. Since it is a suburb, if you are someone that likes to get away to state’s lakes and cabins in the north and west, you won’t really have to fight the traffic to get there.
If you need to commute to downtown and you are taking your own vehicle the drive is about 10-15 minutes. If you don’t want to pay to park, or you are planning to just hit a Vikings or a Twins game downtown, in the (hopefully) not too distant future you should be able to hop on the newly extended Metro Transit Blue Line light rail extension that will go from downtown and stop in Golden Valley on the way to other NW ‘burbs. This extension will follow a current railway that is in place and not involve any new tracks.
If you want to head out of town entirely or have someone heading in to visit, it’s only a 20 minute drive to MSP Airport.
Types of housing
Most homes in golden Valley were built in the 1950’s and 1960’s. If you love midcentury modern architecture THIS is the place – street after street of midmod homes. Some have been updated to a more current aesthetic but others have some true authenticity to them. There is a market for both! You’ll see some newer homes in my video tour as well. A benefit of older housing stock is that they usually built on larger lots than we see today and the landscaping is mature. The other thing that stands out to me is that typically these neighborhoods have some variation among the homes, you don’t see a lot of the “cookie cutter” feel that you get in newer subdivisions.
The median home price in May 2021 for Golden Valley is $374,150. This is higher than the Twin Cities Metro as a whole. I have been working with a few buyers that have budgets in the low to mid 300’s and we have found options here!
What will you pay in property taxes to live in Golden Valley?
Golden Valley is in Hennepin County which has an effective property tax rate of 1.28% (state average is 1.08%) and Golden Valley property tax is at an effective rate of 1.38%.
Several large corporations have nice leafy campuses here including the HQs of General Mills and Tennant Company as well as major US offices for Allianz Insurance, Honeywell & Resideo.
Golden Valley, like much of the twin cities, loves their green space and parks. They are also the home of one of the best parks in the Twin Cities area – Theodore Wirth Regional Park. It’s 740 acres of happiness and outdoor fun. I’m just going to give you the highlights – in summer enjoy the golf course, disc golf course, beach, walking and biking trails, archery, or fishing and in winter tubing, x-ctry skiing, snowshoeing, sledding, snowboarding, fat tire bike trails…
15% of Golden Valley is PARK! There are 2 off-leash dog exercise areas in outdoor hockey rinks at Gearty & Medley Parks, both are FREE to use. Golden Valley does not require dog licenses, but they DO require a current rabies tag.
Part of the parks are TWO activity / community centers. Lets start with the basic one – Davis Community Center attached to Meadowbrook Elementary. It’s a 10,000 sq foot gym space with open gym for basketball, pickleball, volleyball, kids gym activities and parks rec leagues.
The crown jewel in Golden Valley is the BROOKVIEW Center. It’s so pretty! It started life as a private country club and was purchased by the city in the 1960’s.
There is a beautiful building with a bar and grill and lots of patio seating overlooking the golf course and lawn bowling courts. The city grooms trails for x-ctry skiing and fat tire bikes in winter and if you have little kids that are going nuts indoors and need to burn off energy you can take them to the indoor play space at Brookview and buy yourself some sanity for about $5-$6/day depending on whether you’re a resident or not.
Let’s talk about schools – Golden Valley does not have a school district of its own, residents in Golden Valley will send their children to either Robbinsdale Schools OR Hopkins Schools depending on the address of the home. If you have a preference, it’s important to do your research up front and figure out what will work for you and make sure your home is where it needs to be to be in district. One school that stood out to me is the Perpich school for the arts – its the tuition free state arts high school and if you have a child who is an artist and this is what they are drawn to more than anything, it might be a place to consider! Seems like such a valuable asset to have this available to students who are serious about the arts. They even have a residence hall!
Golden Valley has a small branch of the Hennepin County Library system. The architecture fits with the rest of the town – very midcentury. Despite it’s smaller size, every branch has access to the enormous number of books within the library system which includes 41 branches including the main branch downtown ad larger satellite branches like Southdale. They will also request books and other material for you from libraries throughout the state via interlibrary loan.
OK! Here it is! the TWO QUESTIONS I get asked ALL the time!
1. Can I fence my yard? YES – unless your’e in an HOA community that won’t allow it or has some restrictions, you may fence your yard! Front yards may have a 4′ limit and back yards 6″ high, but see the city web site for rules.
2. Can I have CHICKENS? YES! Up to 4 HENS per lot. Hennepin county municipalities have nearly all agreed to allow yard birds.
And last thing – if you have chickens you won’t need much of this because they LOVE veggie scraps, but if you live in Golden Valley they do include municipal composting with trash pick up. We separate compostables into green bins here and it goes to a large composting facility. The beauty of this is the ability to compost meat or dairy which aren’t a good idea in backyard composting bins.
That is ALL I have for Golden Valley today! If you have questions – reach out! I’d love to chat and see how I can help you.