The Fizbit

Fizbo Market Record — March 27, 2026 Among the active listings in Lakeland, MN, 1632 Rivercrest Road has no direct city-level comparables in the current dataset, but the statewide Minnesota picture is clear: at $525,000, this property sits at the 91st price percentile across the tracked MN inventory, with a state median of $399,900. This listing prices at approximately 131% of the state median, a premium that positions it firmly in the upper tier of the Minnesota market rather than at a value-oriented entry point. Buyers and agents should calibrate expectations accordingly — this is a premium-segment listing and needs to be presented with data that justifies the above-median price. The home is 2,407 square feet on a 1.15-acre lot, producing a price per square foot of approximately $218.15. Without city-level comp data for Lakeland, the statewide frame is most useful: the median-priced MN property in this dataset comes in well under $400,000 for comparable square footage in most tracked cities, suggesting this property commands a location-driven premium. The St. Croix River proximity is the primary driver of that premium, and the narrative needs to quantify that wherever possible — St. Croix corridor properties in Minnesota consistently carry price-per-acre premiums compared to inland equivalents. Built in 1970, the home sits on a substantial 1.15-acre lot with mature tree cover, which carries landscape value that does not appear in square footage metrics. The property features two fireplaces with exposed brick, vaulted ceilings in the main living area, an updated kitchen with double oven, a three-season sunroom off the dining area, and a lower level with a wood-burning stove and family room. These are specific, verifiable features — not vague descriptors — and they constitute the functional case for above-median pricing. The outdoor package is particularly strong: an in-ground heated pool, greenhouse, chicken coop, garden beds, and two storage sheds on the 1.15 acres. These are capital expenditures a buyer would otherwise take on separately, and their presence on the property reduces both the cost and effort of achieving a comparable outdoor setup from scratch. A backup generator is also included. The 3-bedroom, 3-bathroom configuration sits at what appears to be below the statewide average bedroom count for Minnesota listings in this price segment, which typically run 4 bedrooms. That means a buyer at $525,000 is receiving fewer bedrooms than the norm for this price tier in MN — a fact that underscores the importance of framing this property around the location, lot, and amenity package rather than the room count. For the listing agent, pricing defense will center on the St. Croix River adjacency, the 1.15-acre maturely landscaped lot, the pool and outdoor infrastructure, and the single-level primary bedroom configuration — a layout that tests well with buyers aged 45 and older who represent a significant segment of St. Croix corridor demand.