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2050 13th St NW, Faribault, MN, 55021

2beds
2baths
1,613sqft
$445,000
$276price/sqft
$3,430/moest. monthly cost
$137,200/yrincome needed

About This Home

New construction twin home with walkout basement. Currently under construction, more photos coming soon! Ready to show anytime!

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

6/10
2/10
Faribault Middle SchoolGrades 6-82.5 mi
4/10

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Other

  • Builder name: RICK CASHIN CONSTRUCTION INC

Type & Style

  • Home type: SingleFamily
  • Property subType: Twin Home

Interior

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Egress Window(s),Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,613

Heating & Cooling

  • Heating features: Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,226
  • Total interior livable area: 1,613 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1825327007
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1613

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 8,624 sqft
  • Lot size dimensions: 63 x 137

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Cold Wave
Winter Weather
Heat Wave
Ice Storm
Lightning

FEMA Declared Disasters in Rice County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,250$27,000
Home Insurance *$310$3,720
Property Taxes $700$8,400
Electricity $170$2,050
Total$3,430$41,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,600/yr
40% on housing$102,900/yr
45% on housing$91,466/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 55021$157
Rice County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 55021$154
Rice County$165

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-22Listed for sale$445,000

New Construction

AgentDavid C. Campbell
BrokerageWeichert, REALTORS- Heartland

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