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6311 158th St N, Hugo, MN, 55038

3beds
3baths
2,540sqft
$574,990
$226price/sqft
$4,086/moest. monthly cost
$163,440/yrincome needed

About This Home

Welcome to 6311 158th Street North, Hugo, Minnesota — a stunning new construction home built by M/I Homes. This thoughtfully designed home offers 2,540 square foot of well-planned living space, featuring 3 bedrooms, 2.5 bathrooms, and modern design features throughout. Key Features: Electric fireplace 3-car garage First-floor owner's suite Loft This home showcases an open-concept living space that creates a seamless flow between the main gathering areas, perfect for everyday living and entertaining. The quality of design is evident throughout, with carefully selected finishes and a functional floorplan that maximizes both comfort and style. The main-level owner's bedroom provides easy accessibility and a private retreat within the home. The overall layout reflects a focus on quality design, ensuring each space serves a purpose while maintaining an inviting atmosphere. Situated in a welcoming Hugo neighborhood, this home is positioned near parks and outdoor recreation areas, offering residents plenty of opportunities to enjoy the natural surroundings. The neighborhood provides a peaceful setting while keeping everyday conveniences within reach. This is an excellent opportunity to own a brand-new home with the quality and personalization options that M/I Homes is known for.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

8/10
North Star ElementaryGrades K-50.7 mi
6/10
Central Middle SchoolGrades 6-86.4 mi

Construction

Condition

  • Property condition: New Construction,Under Construction
  • New construction: Yes
  • Year built: 2026

Other

  • Builder name: M/I Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

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

Interior Area

  • Total interior livable area: 2,540 sqft

Property

Details

  • Parcel number: 1703121110029

Features

  • Levels: 2.0
  • Stories: 2

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3

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

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Lightning
Tornado
Winter Weather

FEMA Declared Disasters in Washington 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 $2,907$34,884
Home Insurance *$274$3,288
Property Taxes $691$8,292
Electricity $214$2,570
Total$4,086$49,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,091/yr
40% on housing$122,580/yr
45% on housing$108,960/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: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$226This listing

vs Other Active Listings

Avg $/sqft

ZIP 55038$216
Washington County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 55038$206
Washington County$201

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
2026-03-27Listed for sale$599,850

New Construction Spec

BrokerageM/I Homes

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