Expenses in Minneapolis, MN

[Alex Moseman]

I am curious about understanding typical expenses in the twin cities region. I have been looking on the MLS and a lot of the houses I have been seeing are rather old, typically built between 1900 - 1920. Of course, the winters in Minneapolis aren't easy on houses, but I assume builders in this region are well aware of what it takes to build stable buildings for the environment. I was curious what are the common repairs needed on these types of houses? What are reasonable replacement durations for these items? Is there any recommendations on repair and Capex rates that people find useful in calculating rates based on the formidable weather?