Lakeville · Downsizing

Downsizing in Lakeville

Moving to a smaller home in Minnesota, with a plan that times your sale and your next purchase and never rushes you.

Downsizing in Lakeville

If your Lakeville home has more bedrooms and more yard than you use, a smaller one may suit you better. I'm Lesley, a REALTOR® with Bridge Realty.

How do I downsize in Lakeville? Learn what your current home will sell for, then decide between an existing smaller home and a newly built one. With builders active in the city, a new home is a real option.

If you are considering a new build

  • Ask about one-level plans and what the association maintains.
  • Bring your own agent. The builder's consultant represents the builder.
  • Plan for the completion date to move. We time your sale with a backup.
  • Get an independent inspection before closing, even on a new home.

Selling a larger Lakeville home

Your buyer will likely compare your home with new construction nearby. We show what your home has that a new one does not, such as a finished yard, mature trees, and a finished lower level.

Our downsizing page explains the full plan. You can also see what your Lakeville home is worth, how we handle selling in Lakeville, and more about the city on our Lakeville page.

Send us a message or call (651) 661-4770.

Frequently Asked Questions

Can I buy a new one-level home in Lakeville?

Ask each builder what plans they offer. We come with you and review the contract.

How does my home compete with new construction?

By showing what is already finished, such as landscaping, window coverings, and a finished lower level.

Lakeville

What downsizing looks like in Lakeville

Lakeville is the largest city in Dakota County, about 20 miles south of both downtown Minneapolis and St. Paul on Interstate 35, with more than 60 parks.

Lakeville is a fast-growing south metro city with newer neighborhoods, a historic downtown, and Lake Marion at its center.

The homes
Newer neighborhoods and active new construction in a city of more than 38 square miles.
Schools people ask about
Lakeville Area Schools serves most of the city, and Rosemount-Apple Valley-Eagan and Farmington serve parts. Confirm the district for any address.
Getting around
Interstate 35 is the main route north. It splits into Interstate 35W toward Minneapolis and Interstate 35E toward St. Paul, each roughly 20 miles away.
Nearby
Lake Marion, Ritter Farm Park, more than 60 parks, and Airlake Industrial Park on the south side.
The trade-off
A newer home for the price, with a longer drive to either downtown.