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City of Ramsey 2030 Comprehensive Plan Update <br />Chapter 7: Housing Plan <br />Figure 5: Aging Housing in Ramsey <br />Parcels with Homes Built Pre -1990 (2476) <br />Parcels <br />In addition to aging single family homes, the small percentage of rental housing in the City is aging. <br />Keeping the rental housing stock maintained and fresh is just as important to the community as the single <br />family housing stock. <br />Table 2: Age of Rental Complexes in Ramsey <br />Complex Name <br />Year Built <br />Number of Units <br />Rivers Bend <br />1991 <br />32 <br />Savannah Oaks <br />1998 <br />50 <br />Sunwood Rental Town Homes <br />2002 <br />32 <br />Source: City of Ramsey, 2007 <br />Housing Cost: Ownership <br />One of the most important factors in analyzing the housing stock is its affordability. Up until recently, <br />housing prices were increasing rapidly, and it was difficult to determine the true market value of housing. <br />The County Assessor's Office is the best source of current information available to cities to determine <br />City of Ramsey 2030 Comprehensive Plan <br />Page 7-6 <br />