4707 218th St W, Farmington, MN, 55024
About This Home
This home is under construction and will be complete in July! Designed to maximize space and daily comfort, this new two-story home features an open-concept living area on the first floor. It showcases a modern kitchen with a center island, an airy Great Room, and a lovely dining room with backyard access. The stylish kitchen features sleek stainless steel appliances that complement the contemporary feel of the home. Residing upstairs is a versatile loft surrounded by all three bedrooms in the home, including the peaceful owner’s suite with a private bathroom and large walk-in closet. A garage with space for two vehicles adds everyday convenience and extra storage potential. This home is packed with the features today’s buyers are searching for and is likely to be claimed quickly.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Roof: Age 8 Years or Less,Asphalt
- Construction materials: Concrete,Frame
Other
- Builder name: LENNAR
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Air-To-Air Exchanger,Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater,Washer
- Laundry features: Gas Dryer Hookup,Laundry Room,Upper Level,Washer Hookup
Basement
- Basement: None
Bedroom
- Level: Upper
- Area: 182
- Dimensions: 13x14
Bedroom2
- Level: Upper
- Area: 117
- Dimensions: 9x13
Bedroom3
- Level: Upper
- Area: 99
- Dimensions: 9x11
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Dining Room
- Level: Main
- Area: 72
- Dimensions: 12x6
Features
- Fireplace features: Electric,Family Room
- Finished area below ground: 0
- Finished area above ground: 1,600
Great Room
- Level: Main
- Area: 195
- Dimensions: 15x13
Heating & Cooling
- Heating features: Forced Air,Fireplace(s)
- Cooling features: Central Air
Interior Area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Kitchen
- Level: Main
- Area: 132
- Dimensions: 12x11
Loft
- Level: Upper
- Area: 90
- Dimensions: 10x9
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: TBD
- Zoning description: Residential-Single Family
- Foundation area: 800
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
Lot
- Lot size: 6,098 sqft
- Features: Sod Included in Price
- Lot size dimensions: TBD
Parking
- Total spaces: 2
- Parking features: Attached,Asphalt,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
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
- Tornado
- Cold Wave
- Hail
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Dakota County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,142 | $25,704 |
| Home Insurance * | $228 | $2,736 |
| Property Taxes | $339 | $4,068 |
| Electricity | $170 | $2,050 |
| Total | $2,879 | $34,548 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $425,770 |
| 2026-04-27 | Price change | $423,770 |
| 2026-04-20 | Price change | $421,770 |
| 2026-04-09 | Price change | $419,970 |
| 2026-04-07 | Listed for sale | $419,770 |
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