Lakeville, MN

Published: October 29, 2026

Choosing an Asking Price for Your Lakeville, MN Home in October 2026

By Rick Bjorklund

Lakeville, MN

Choose your asking price through comparisons with similar homes, not by adopting a townwide figure. Your home's differences deserve a careful review, and I'll help you weigh them before you settle on a starting price.

For Lakeville single-family homes, condos, townhouses and apartments, the latest market report gives a typical asking price among homes listed for sale of $565,000. The typical sale price was $520,000. The estimated value of a typical home was $522,470. That estimated value is model-based, not a formal appraisal.

Asking prices and sale prices describe listed versus sold groups, so their difference does not establish a negotiated discount. I would use those townwide figures for context, then focus on homes genuinely similar to yours. Starting with an ambitious asking price requires weighing that choice against how your home compares with competing listings.

Prepare a list of improvements and unfinished repairs so we can discuss which differences matter when comparing similar homes. Review recent sales of similar homes with me, then consider competing listings separately. Choose an asking price you can explain through those comparisons, and decide when to reassess it after reviewing responses to the listing.

Rick Bjorklund
Featured Professional

Rick Bjorklund

RE/Max Advantage Plus
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As a trusted local real estate professional, I help buyers and sellers navigate the real estate market with confidence, clear communication, and a strategic plan from the first conversation through closing.

For sellers, I focus on proper pricing, home preparation, market positioning, and targeted exposure designed to attract qualified buyers and maximize results before the property reaches the market.

For buyers, I provide local market insight, neighborhood guidance, and smart offer strategies to help you find the right home and make confident decisions without overpaying. I serve Lakeville, Apple Valley, Farmington, Rosemount, Prior Lake and surrounding communities.

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Active Properties in Lakeville, MN

18483 Jaeger Path, Lakeville, MN 55044

PROPERTY SPOTLIGHT

18483 Jaeger Path, Lakeville, MN 55044

$719,000

One-level living, two inviting gathering spaces, and a .66-acre lot in Lakeville’s established Wyldewood Oaks neighborhood. This 5-bedroom, 4-bath walkout offers everyday convenience on the main level, with three additional bedrooms and generous entertaining space below. A floor-to-ceiling stone fireplace, custom built-ins, and large windows anchor the great room, which opens to a spacious kitchen with a granite island, abundant cabinetry, walk-in pantry, built-in buffet, and double wall ovens updated in 2024. The adjoining dining area opens to the deck, making it easy to take meals and gatherings outdoors. The main-level primary suite has a two-sided fireplace and features a walk-in closet and private bath with dual sinks, jetted tub, and separate tiled shower with a bench. A second bedroom, ¾ bath, front office, and laundry complete the main level. The walkout lower level creates another comfortable place to gather, with an expansive family/recreation room, gas fireplace, built-ins, and a wet bar with a full-size refrigerator. Three bedrooms, a full bath, an additional half bath, and ample storage provide flexibility for guests, work, hobbies, and everyday living. Enjoy outdoor living on the spacious deck, updated with Timber Tech decking, rails, and fascia in 2024, or relax on the covered patio below. The fenced backyard includes established landscaping, mature trees, a fire pit, and a storage shed/playhouse. A three-car garage and freshly seal-coated driveway make this home move-in ready. Conveniently located near shopping, dining, healthcare, and major routes, with Antlers Park and Lake Marion nearby. A spacious walkout with the main-level layout you want with room to spread out.

View price, photos, and property details for 18483 Jaeger Path, Lakeville, MN 55044. Connect with Rick Bjorklund for current availability and showing guidance.

CONTACT RICK BJORKLUND →View Original Listing →EXPLORE LAKEVILLE, MN →

Frequently Asked Questions

Clear answers for readers comparing local coverage, professional guidance, listings, and market context.

Who wrote this real estate article about Lakeville, MN?

Choosing an Asking Price for Your Lakeville, MN Home in October 2026 is by Rick Bjorklund of RE/Max Advantage Plus.

When was this article published?

October 29, 2026.

What does this article cover?

Give completed sales, competing listings and your home's condition distinct roles in the pricing decision.

Where can I find more information about Lakeville, MN?

Use the linked town guide for community information, local professionals, events, and related real estate articles.

Can buyers use this article when planning a home search?

Use this article as context for a discussion with a local professional. Verify property-specific facts and current market conditions.

Can sellers use this article for pricing context?

Use the dated market discussion as a starting point. A specific property requires its own comparable-sales review.

How can I contact Rick Bjorklund?

Open the linked agent profile and use its contact options.

Does this article replace professional advice?

No. It provides general real estate information. Verify important details with an appropriate professional.

Where can I find related real estate articles?

Use the related articles and town links on this page to explore available coverage.

Why are town and agent details shown with the article?

They identify the community discussed and the professional associated with this article.

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