Chaska/Chanhassen -Why so expensive? (Minnetonka, Shakopee: homes, neighborhoods, buyers)

[Scotchiro]

I can't get over the prices of homes in this area. It will make relocation VERY expensive.

What are some good alternatives? We want to live as close as possible to a Catholic grade school in the SW metro. My drive is not that important to me.

Thanks.

[Minnehahapolitan]

Across the river in Shakopee should be cheaper.

[Jaxx99]

Hmm...St. Huberts? Great school, from what I hear.

I think that the high costs are because the housing stock was built slightly larger and with more amenities in that area. They seem to have always targeted a little more high-end buyers.

There is also a Lake Minnetonka spillover effect. Especially in the case of Chan, it is seen as a positive to be just a couple miles from the Lake Mtka neighborhoods and lifestyle.

[Dingler]

Because the neighbors are highly educated, schools are great and there is little poverty and crime. Also most people speak English so the schools are better.