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Each condominium development is unique with different styles, features, amenities, and even different types of residents. Several factors will influence the investment potential for condos, including market factors (economic growth, interest rates, market growth, etc.) and competition. A key factor is the desirability of the development itself. Here, NewCondoInvestor.com rates each new development based on several criteria important to a buyer. In any given market conditions, these ratings should be used as a guide and comparison. It is not a guarantee of future gains, of course, but all else being equal, the higher the rating, the more desirable the development would be to an average buyer.

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Minneapolis - St. Paul, Minnesota

 

Name (click for our exclusive property reports):	Status	Overall Rating	Rank								Hotel Affiliation	Website
The Nicollet	p	4.3	1	5	4	4	4	5	4	4	No	www.thenicollet.com
The Ivy	uc	4.3	1	5	5	4	5	4	3	4	Luxury Collection by Starwood	www.ivympls.com
The Carlyle	c	4.1	2	4	5	5	5	3	3	4	No	www.thecarlylelife.com
Grant Park	c	3.1	3	3	3	4	4	3	2	3	No	www.grantparkhomes.com
Phoenix on the River	uc	3.1	3	3	4	5	3	2	2	3	No	phoenixontheriver.com
Skyscape	c	3.0	4	3	3	3	4	3	2	3	No	www.skyscapecondos.com

Status:  c =complete,  uc=under construction, nc=nearing completion,  p =planned

Status:  c =complete,  uc=under construction, nc=nearing completion,  p =planned

Ratings based on 1-5 scale where 5 is best and 1 is worst

Overall Rating	Description
4.5-5.0	World class - Top of the line.  One of the top properties in the world.
4.0-4.4	Top Tier - Nearly everything a discriminating buyer would want.  One of the top properties in the region.
3.5-3.9	Excellent - Features, amenities, location make this an excellent property. May be the best in a community.
3.0-3.4	First Class - Most features expected in a new luxury building. A solid choice for value-conscious buyers.
2.5-2.9	Comfortable - A quality property and may offer a bargain location, especially for occasional use.
2.0-2.4	Attractive - Some good qualities but many properties offer more features/amenities.
1.5-1.9	Basic - Lower quality, poor location, few amenities.
1.0-1.4	Unattractive - Not desirable for upscale buyers.