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Summerland Place - The Tradition Collection
Shakopee, MN 55379
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Communities near Prior Lake, MN
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Market Snapshot
Most homeowners in Prior Lake show a preference for new single-family subdivisions. You get your own lot and typically a yard large enough to enjoy with your family and pets. Communities with single-family homes dominate the new construction housing market in Prior Lake with 124 communities to choose from. No more shared walls and rarely a carport to be found. Due to consumer demand and their preference for single-family houses, most production home builders focus on building these types of neighborhoods in Prior Lake. While some subdivisions have both single-family sections and multi-family sections, most neighborhoods are dedicated to a single housing type.
When you buy into a single-family subdivision, you get many benefits. Privacy and safety are the two biggest benefits for most homeowners. You have less of a concern about noise and it often will feel safer. Almost all single family homes in Prior Lake have private garages and yards. With a private yard, the kids and pets can safely roam outside. Finally, most of the houses in a single-family community are going to have ample storage that you rarely have in a condo or townhome.
Single-family subdivisions and custom homes represents the bulk of new construction in the U.S. This is carefully tracked by the Census Bureau in the monthly Building Permits Survey, and from the Survey of Construction (SOC). You can view the monthly New Residential Construction Press Release (PDF) which breaks down building permits, new build starts, and new housing completions. They show this for new single-family homes (1-unit) as well as duplexes, and other multi-family new construction housing types. This report is generally released in the 3rd week of each calendar month showing data for the prior month.
According to the U.S. Census Bureau for a new build to be considered a single-family home, it must have specific attributes. These are: walls from ground to roof, a heating system separate from your neighbors, separately metered utilities, and no units above or below you.
Prior Lake Single-Family Communities
NewHomesource features single-family subdivisions from 36 builders across Prior Lake, MN. Here's a summary of all the communities with single-family homes available on NewHomesource.com.
| Communities | 124 |
| Builders | 36 |
| Floor Plans Available | 1,040 |
| Homes Available | 208 |
| Price Range | $299,900 to $2,750,000 |
| Square Footage | 1,219 to 5,220 sq/ft |