FAQ
How does Wedgewood compare price-wise to Bailey's Arbor and Stonemill Farms?
Quick Answer
Wedgewood generally prices higher than Bailey's Arbor's older housing stock but below Stonemill Farms' larger, newer homes, making it a common middle-ground choice. The gap isn't about the neighborhood's name or reputation — it comes down to concrete differences in home age, lot size, and square footage between the three areas. Buyers who can't quite justify Stonemill Farms' price tag, or who want something a bit newer than typical Bailey's Arbor inventory, often land in Wedgewood.
Key Takeaways
- Wedgewood's pricing sits between Bailey's Arbor and Stonemill Farms because of real differences in home age and lot size, not just neighborhood branding.
- Bailey's Arbor's lower end reflects its older housing stock and wider range of build years, which brings more variability in home condition.
- Stonemill Farms commands a premium mainly for larger lots, newer construction, and bigger square footage rather than location alone.
- Two similarly priced homes across these three neighborhoods can differ meaningfully in age, layout, and expected near-term maintenance.
- A buyer's actual budget fit depends more on the specific home's age, size, and condition than on which of the three neighborhoods it sits in.
- Comparing a specific listing's price per square foot across all three areas gives a clearer read than comparing headline price ranges alone.
Buyers rarely ask this question because they care about Wedgewood in isolation — they ask it because they've toured Bailey's Arbor, toured Stonemill Farms, and are trying to figure out where Wedgewood actually lands between the two. The short version is that it splits the difference. The longer, more useful version is understanding why that gap exists, because it changes what you should actually be comparing when you tour homes.
Why the Price Gap Exists in the First Place
It's tempting to think of Bailey's Arbor, Wedgewood, and Stonemill Farms as three points on a single "quality" scale, with Stonemill Farms simply being the "best" and most expensive. That's not really what's happening. Each neighborhood was built in a different era, with different lot sizes and different buyer expectations baked into the original development plans, and price follows from those physical facts rather than from one neighborhood being inherently more desirable than another.
Bailey's Arbor was built up over a longer stretch of time than a single-phase subdivision, which means its housing stock includes a wider range of build years, home styles, and update histories. That variability pulls its lower end down — an older, less-updated home in Bailey's Arbor can price well below what you'd pay for a comparable-condition home in a newer development, simply because the base construction and lot are older.
Stonemill Farms sits at the other end for the opposite reason: it's a newer development built on Woodbury's east side, with larger lots and floor plans designed around current buyer preferences — bigger primary suites, more finished square footage, three-car garages more common than not. New construction and more land cost more to build, and that shows up directly in list prices.
Wedgewood falls in between largely because its defining feature — a network of cul-de-sac streets built for low through-traffic — came from a development era and lot pattern that's newer than much of Bailey's Arbor's older stock, but doesn't carry the larger lots and higher-end finishes that push Stonemill Farms pricing up. It's not a compromise so much as a genuinely different set of trade-offs.
| Bailey's Arbor | Wedgewood | Stonemill Farms |
|---|---|---|
| Older, wider range of build years | Newer than Bailey's Arbor's oldest stock | Newest of the three, largely single-era construction |
| More variation in home condition | More consistent condition within its build era | Most consistent condition, newest systems |
| Smaller, more traditional lots | Moderate lots, cul-de-sac layout | Larger lots, more generous setbacks |
| Generally the lower end of the three | Generally the middle of the three | Generally the higher end of the three |
| Most central location | Central-ish location | East-side location, longer commute |
Price ranges shift — the relative order tends to hold
Exact price ranges for any Woodbury neighborhood move with the broader market and should always be checked against current, active MLS data rather than a published range. What's more durable is the relative relationship between these three areas: Bailey's Arbor's lower end, Wedgewood in the middle, Stonemill Farms' higher end, driven by the underlying age and lot differences described above.
What This Means for Your Actual Search
The headline comparison is useful for narrowing down which neighborhoods to tour, but it can also mislead you if you stop there. A well-updated, larger Bailey's Arbor home can price above a smaller, more dated Wedgewood listing. A Stonemill Farms home on a smaller interior lot can come in close to Wedgewood's upper range. Neighborhood is a strong signal, not a guarantee, so the more useful comparison is home-to-home rather than neighborhood-to-neighborhood.
Dave's Local Insight
When a buyer tells me they've set their heart on "Wedgewood pricing," I usually push back gently and ask what they actually want — a quieter street, a certain lot size, a certain home age. Once we're clear on that, we often end up looking at specific listings across all three neighborhoods rather than restricting the search to one, because the right home for their budget doesn't always live where they expected it to.
Comparing Price Per Square Foot, Not Just List Price
Because lot size and square footage differ so much across these three neighborhoods, comparing raw list prices can obscure more than it reveals. A larger Stonemill Farms home might carry a higher total price but a comparable or even lower price per square foot than a smaller, similarly finished home in Wedgewood or Bailey's Arbor. If you're trying to figure out whether you're actually getting more house for your money, price per square foot — alongside lot size and recent comparable sales — is the more honest number to look at.
Putting It Together Before You Tour
Before comparing these three neighborhoods on price
- Pull current comparable sales for each neighborhood rather than relying on published price ranges.
- Compare price per square foot, not just total list price, across the homes you're touring.
- Ask for the age of major systems — roof, furnace, water heater — on any home in an older section of Bailey's Arbor or Wedgewood.
- Decide how much a shorter commute is worth to you versus the larger lots Stonemill Farms typically offers.
- Keep an open mind about which neighborhood a specific home you love actually sits in, rather than searching by neighborhood name alone.
There's no wrong choice among these three neighborhoods — plenty of buyers are happy in each one. What matters is understanding that Wedgewood's middle-ground pricing reflects real, physical differences in home age and lot size rather than an arbitrary label, so you can weigh your own priorities against those trade-offs instead of chasing a price range in the abstract.
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Written by Dave Brown
REALTOR®, LPT Realty
Dave Brown is a REALTOR® with LPT Realty who has spent his career helping families buy, sell, and settle into life in Woodbury, Minnesota and the surrounding East Metro. He writes Woodbury Living as a local resource first and a business second — every guide is meant to leave you better informed, whether or not you ever work together.
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