ATTOM’s Building Permit Data for Minneapolis, Minnesota
Development Is Underway in Downtown Minneapolis
Building permit data for Minneapolis, MN, shows that construction is not slowing down, despite the global pandemic. RBC Gateway is a 1.2 million square foot tower built at a cost of $330 million in downtown Minneapolis. A Four Seasons five-star hotel, 33 private residences, a 455-stall underground parking, a public plaza, street-level retail, and a skyway to the Minneapolis Central Library are also among planned projects in Minneapolis.
Although investments of $5,000 could meet the vast majority of home improvement needs, the amount of inadequate housing units are indicative of the quality of housing and property values. According to the Federal Reserve Bank of Minneapolis, repair needs are more common among certain housing types. Property data shows that manufactured homes, older homes, and rental units tend to be in worse states of repair.
ATTOM’s building permit data shows trends in residential home updates and renovations. This data can help nonprofit organizations, governments, and other entities develop effective home repair assistance programs.
ATTOM’s data is invaluable to investors and real estate professionals who want to identify post and pre-sale improvements in properties. Find the areas where home updates are pushing up property values or reducing them with ATTOM’s building permit and property data.
ATTOM’s Building Permit Data Tells the Whole Story
ATTOM’s building permit data tells the life story of a residential or commercial property. Find out what work has been done and what needs to be done on a property based on historical and active permits. Get the deeper story and a 360° view of activity including:
- Classification of Permit Type (i.e., Solar Installation, Foundations, Roofing, etc.)
- Permit Status
- Cost of Job
- Description of Job
- Contractor Information
ATTOM’s data uses machine learning and normalization to accurately classify project work such as solar panel installation or remodeling.
Using building and property data, insurance companies, real estate professionals, marketers, property investors, appraisers, and hedge funds can better assess a property’s risk and value. Permit classifications show work done on a property and what work needs to be done based on the data for comparable properties.
Be better informed with ATTOM’s building permit data.