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2001 Comprehensive Plan <br />Amended February 26, 2002 <br /> <br />Table VII-2 Owner Occupied Housing Values Comparison <br /> <br /> 1997 % of <br />Housing Value 1990 % of Total <br /> Estimate Total <br />Less than $24,999 1 .03% 2 .04% <br />$25,000 - $59,999 50 1.62% 27 .58% <br />$60,000 - $99,999 2,306 74.65% 1,879 40.42% <br />$100,000 - $124,000 360 11.65% 1,712 36.83% <br />$124,000 - $174,999 242 7.83% 641 13.79% <br />$175,000 - $299,999 114 3.69% 333 7.16% <br />$300,000 and Over 16 .52% 55 1.18% <br />Total Units I 3,089 I I 4,649 I <br />Median Housing Value I $87,217 I I $106,082 I <br /> <br />Ramsey's existing housing supply is limited in terms of its "life-cycle" abilities, <br />its styles and types. Over 90% of its housing supply consists of the typical <br />suburban detached single family home. The remaining housing units consist of <br />roughly 90 mobile home units located in a mobile home park north of Highway 10 <br />between Sunfish Lake Boulevard and Ramsey Boulevard and one 32-unit <br />apartment building. Oddly enough, the one apartment building within Ramsey's <br />corporate boundary is often mistaken to be in Anoka, since it shares a border with <br />Anoka on the south side of Industry Boulevard east of TH 47. Average rents at <br />this apartment complex range from a low of $560 for a one-bedroom apartment to <br />$695 for a two-bedroom unit4. Given the lack of apartment housing in Ramsey <br />and the affordability of the rent range, this apartment probably has little problem <br />keeping full. <br /> <br />Recent development, however, is increasing the variety of housing offered to the <br />community. A new townhome project (one of two in the community) of roughly <br />40 units located on the northeast quadrant of Sunfish Lake Boulevard and Industry <br />Boulevard is currently under construction. Also a senior housing project by the <br />Anoka County HRA, which will house 52 senior households, is currently in the <br />planning stages. <br /> <br />Table VII-3 Housing Types <br /> <br />Housing Type Total Units Percent of Total <br />Single Family Detached 4,615 96.2% <br />Multi Family Apartment 32 0.7% <br />Townhome 60 1.2% <br />Mobile Home 90 1.9% <br /> Total Units I 4,797 I 100% <br /> <br />Source: 1996 Year-end Residential Activil~ and 1997 Forecast for the Cit~ of Ramse¥ <br /> <br />B. Senior Housing <br /> <br />Prior to the planning for the new Anoka County HRA senior housing project, no senior <br />housing opportunities existed in Ramsey. Within adjacent communities there are roughly <br /> <br />4 City of Ramsey telephone conversation with property manager. <br /> <br />2001 Ramsey Comprehensive Plan <br />Amended February 26, 2002 <br /> <br />Page 1~I-2 <br /> <br /> <br />