RealtyLens
for saleRealtyLens property overview
$109,900

520 Ridgewood Ave Apt 106

Minneapolis, MN, 55403
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1Beds
1Baths
625Sqft
$176$/sqft

Listing Notes

Awesome 1BD/1BA condo in a superb-central location in the heart of Minneapolis in the Loring Heights neighborhood! Walk conveniently to the Walker Art Center, Minneapolis Sculpture Garden, and the serene Chain of Lakes. Great kitchen with stainless steel appliances, granite countertops, hardwood floors. Brand new windows installed in 2020. Laundry in the basement has 2 sets of washers/dryers and is FREE/INCLUDED in monthly HOA fee. There is an assigned parking spot in the back of the building, spot #11 in far NE corner beside fence. Unit is currently rented.

Market Insights

Below nearby median-7.9%

$176/sqft vs a nearby median of $191/sqft.

Nearby median$191/sqft
Nearby properties4
Property size625 sqft
  • -7.9% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 625 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$122k$111k$133k · 51% confidence
vs ask $110k−$12k (−10.9%)

Asking price is about 10.9% below the fair value — likely to draw competing offers if it's still on market.

$199/sqft median across 3 tight comps × 625 sqft= $124k
  • Mid-century building era−$2k −1.5%
Cumulative NYC adjustments−$2k−1.5%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position-7.9% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
11 days
Last price change
No change recorded
Listed
May 1, 2026
Photos
24 photos
Property type
condos
Status
for sale

Photos

Price History

May 8, 2026Initial record
$109,900for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.