Photos courtesy of M/I Homes
The Minneapolis team at M/I Homes is no stranger to fast-paced growth. In fact, the year after the Ohio-based builder bought Hans Hagen Homes in December 2015, it closed on 144 units. In 2020, that number more than quadrupled to 678. This year, though, the number is only going to keep climbing: “We’ll open up 15 new communities throughout the Twin Cities in 2021,” says Chris Contreras, vice president of operations at M/I. One of those new communities, The Cove at Elm Creek, opened this spring in Maple Grove.
Why Maple Grove? Positioned right behind Elm Creek Park Reserve with easy access to shopping, retail, and more, it’s the perfect place for families of all stages to settle in. “There’s good infrastructure here, and the schools are excellent,” says Contreras. “Plus, we’ve seen an above average appreciation value in homes in Maple Grove over the last five to 10 years.”
M/I Homes’ new townhome community features 73 units split between two luxe collections—Park and Lakeside. Learn more about the collections’ offerings below:
With high-end finishes, large kitchen islands, open-concept interiors, and three levels of spacious rooms, the townhomes in the Park Collection live like single-family homes—flaunting multiple flex spaces and adequate square footage to accommodate families of various sizes.
Options include Afton (3 bed, 2.5 bath at 1,942-plus square feet), Camden (3 bed, 2.5 bath at 2,056-plus square feet), and Savanna (3 bed, 2.5 bath at 2,219-plus square feet). All feature front-load garages and lower-level walkouts. According to Contreras, these models range from $364,990 to $394,000.
If you prefer a more traditional two-story townhome, consider M/I’s Lakeside Collection. With full basements, front-load garages, lofts, and spacious owners’ suites, these townhomes offer a lot of square footage at more affordable prices than single-family options, Contreras says.
“In the Lakeside Series, the basement is really the most flexible space as a whole,” he adds. This series, Contreras continues, may be better suited for empty nesters looking to age in place. “You drive into the garage and you’re right on the first level. We have floor plans where the owners’ suite is on that level as well.”
Floor plans include Minnehaha (3 bed, 2.5 bath at 1,864-plus square feet), Nokomis (3 bed, 2.5 bath at 2,148-plus square feet), and Hiawatha (4 bed, 2.5 bath at 2,487-plus square feet). Models in the Lakeside Collection range from $414,990 to $450,000.
Designed for empty nesters, young professionals, and blossoming families alike, both collections keep potential buyers’ needs in mind, with floor plans largely informed by the pandemic and how it changed the way we live. “People were hanging out in their homes more, and they understood they needed more space, or they [learned they] needed to allocate certain rooms for certain things,” explains Contreras. “Now, they’re looking for a new home, and they’re really starting to understand what they need—whether it’s one office, sometimes two offices. They’re looking to design spaces for themselves, so in our floor plans, we offer a flexible area buyers can do whatever they want with,” he continues. “If they want it to be a paint studio, it’ll be a paint studio.”
When it comes to finishes incorporated into the models, M/I tried to appeal to what’s in the market. “There are different levels of finishes people can pick,” Contreras adds. “If there’s two or three units available, we may have modest finishes in one and more expensive finishes in the other. The customer can decide which is right for them. The only limit people have for what they can do in a home is their imagination.”
Tours of the professionally decorated Savanna townhome model (photos above) are available for interested buyers. Learn more at mihomes.com/minneapolis.
Need inspiration for your flex space? Check out these innovative ways to put your extra rooms to good use.