What should I know about older homes in Minneapolis (pre-1950)?
These homes have character you can't buy new, and I love them for it. But know what you're getting: Knob-and-tube wiring (check if it's been replaced), galvanized plumbing (budget $8-15K to replace), foundation issues (stone foundations need moisture management), and lead paint (assume it's there, manage it). Budget 1.5-2% of home value annually for maintenance vs. 0.5-1% for newer homes. Get a sewer line inspection—$250 now can save you $8K later. That said, a well-maintained 1920s Tudor in Southwest will outlast most new builds. Eyeing a specific pre-war home? Send me the address and I'll tell you what to inspect before you fall in love.
I wrote this answer, and I stand behind it. I'm Chris Deutsch, a Minneapolis Realtor (MN #20382264). Twenty-five years of walking these neighborhoods, checking basements, and sitting across kitchen tables from people making exactly this call. I re-check every answer and date it — this one was last verified .
If your situation is more specific than the market, that's the one worth talking through. Email me at chris@lakesarearealty.com.