Shorewood is a lovely city of roughly 7500 residents whose median age was last reported to by 46 years. With a remarkably low poverty rate, the city's average household income has a history of being more than six figures.
It is a highly sought after community, and was named the single best place to raise a family by Niche.com.
Shorewood's history can be sourced to the Native communities surrounding the Lake Minnetonka area. The name of the lake derives from “Big Waters” in the Dakota language. For centuries, people fished the waters and lived simply.
By the mid-19th century, the area was developed by many tied to the nearby railroad. By the end of the century, the area was considered a major tourist destination.
Shorewood is positively filled with wonderful homes, with smaller, older homes rarely found below $400000. Along the shore, homes can demand a price of $1 million, conservatively.
As of 2017, the median property value in Shorewood was reported to be $460000.
Niche.com has graded nine of the 15 public schools serving Shorewood as A-plus. Parents in Shorewood have the option to send their children to a large selection of the top-ranking schools in the state.
As a family-friendly community, the city is also home to the largest elementary school in the Minnetonka district.
A selection of islands on Lake Minnetonka belong to Shorewood, including Spray Island, Shady Island and Goose Island. The city is extremely popular with boating enthusiasts who find themselves between the Yacht Club and local marinas.
Away from the water is where parks such as Freeman Park can be found, which connects to the extensive Lake Minnetonka LRT Regional Trail.
With a reputation as a safe city filled with natural beauty, Shorewood is undoubtedly a promising place to purchase a home. At TAG Group, we can provide you with the advocacy you need as well as the expertise you desire in order to best achieve success.
Contact us today for a free consultation.