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City of Ramsey 2030 Comprehensive Plan Update <br /> Chapter 7:Housing Plan <br /> Figure 5: Aging Housing in Ramsey <br /> p <br /> 9 <br /> Parcels with Homes Built Pre-1000(2,476) <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 Year Built Number of Units <br /> Rivers Bend 1991 32 <br /> Savannah Oaks 1998 50 <br /> Sunwood Rental Town Homes 2002 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 Page 7-6 <br />