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2605 Hanson Ave, Faribault, MN, 55021

2beds
2baths
1,468sqft
$528,844
$360price/sqft
$3,842/moest. monthly cost
$153,680/yrincome needed

About This Home

These charming new homes have covered front porches for relaxing in the evenings, plenty of storage in the oversized garage, double vanity sinks and a barrier free master shower floor. The Great room consists of the family room, dining room and kitchen as an open concept living space. This home is wheelchair friendly with extra wide doors and no steps. Carefree one level living built by award winning Fitzke Construction. Association maintained Twin Home is ready to start Construction. Price is for a two bedroom plan, but three bedroom plans are also available. This neighborhood also has one level detached Villa homes available as well. Choose your finishes and customize the inside of your plan. Some photos shown may contain options or upgrades.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
2/10
Faribault Middle SchoolGrades 6-83.7 mi
4/10

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Age 8 Years or Less,Architectural Shingle,Asphalt
  • Construction materials: Frame

Other

  • Builder name: FITZKE CONSTRUCTION LLC

Type & Style

  • Home type: SingleFamily
  • Property subType: Twin Home

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Dishwasher,Disposal,Dryer,ENERGY STAR Qualified Appliances,Exhaust Fan,Humidifier,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
  • Laundry features: In Unit

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 221
  • Dimensions: 17x13

Bedroom2

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 154
  • Dimensions: 14x11

Features

  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,468

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,468
  • Total interior livable area: 1,468 sqft

Kitchen

  • Area: 196
  • Dimensions: 14x14

Living Room

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Property

Accessibility

  • Accessibility features: Door Lever Handles,No Stairs External,No Stairs Internal,Roll-In Shower

Details

  • Parcel number: 1823152027
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1468

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch

Lot

  • Lot size: 7,840 sqft
  • Features: Irregular Lot,Zero Lot Line
  • Lot size dimensions: Irregular

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
  • Drought
    DroughtModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Cold Wave
Winter Weather
Drought
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 $2,674$32,088
Home Insurance *$368$4,416
Property Taxes $630$7,560
Electricity $170$2,050
Total$3,842$46,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,725/yr
40% on housing$115,260/yr
45% on housing$102,453/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

$360This listing

vs Other Active Listings

Avg $/sqft

ZIP 55021$156
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
2026-03-19Listed for sale$528,844
2026-02-28Listing removed$498,240
2025-06-05Listed for sale$498,240

For Sale by Agent

AgentJaren Fitzke
BrokerageFitzke Real Estate

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