Is $619,500 a good price for a home in Alexandria?

According to BuyPulse, 620 Anderson Way rates Excellent Value — at $162/sqft it's priced 22% below the typical Alexandria single-family home of $208/sqft. Its negotiating-position score is 76/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Alexandria homes are closing versus list. Powered by the Realgorithm™.

Does 620 Anderson Way have a basement?

Yes, 620 Anderson Way has a basement with 1,860 sq ft of below-grade space.

What type of heating and cooling does 620 Anderson Way have?

620 Anderson Way has Forced Air heating and Central Air cooling.

Where is 620 Anderson Way located?

620 Anderson Way is in the Felt Anderson neighborhood of Alexandria, MN 56308, in Douglas County.

Is 620 Anderson Way still available?

Yes — 620 Anderson Way is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.

When was 620 Anderson Way built?

620 Anderson Way was built in 2017. It features frame, icfs (insulated concrete forms) construction, an architectural shingle roof, and a concrete perimeter, icfs (insulated concrete forms), poured concrete foundation.

Does 620 Anderson Way have main-floor laundry?

Yes — the laundry at 620 Anderson Way is on the main level.

How walkable is 620 Anderson Way?

620 Anderson Way has a Walk Score of 8/100 (Car-Dependent) and a Bike Score of 39/100 (Minimal Bike Infrastructure).

How many homes like 620 Anderson Way are for sale in Alexandria?

23 similar homes (single-family homes between $465K and $774K in Alexandria) are for sale right now — you have options.

Do homes in Alexandria sell for asking price?

48% of the last 21 comparable Alexandria sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.

What does "BuyPulse" mean?

BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.

What does "Realgorithm™" mean?

The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

2017 single family home for sale at 620 Anderson Way in Alexandria, MN — 5 bed, 3 bath (photo 1 of 72)

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620 Anderson Way, Alexandria, MN 56308

5 Beds | 3 Baths | 3,818 Sq Ft | Single Family Home | MLS# 7148159

$619,500

Is 620 Anderson Way a Good Deal?

BuyPulse Verdict

Excellent Value

At $162/sqft — This home is priced 22% below the typical Alexandria single-family home of $208/sqft.

Your Negotiating Position

76 — Strong buyer leverage

Day 20 — Alexandria homes overall typically go under contract by day ~11. This one is past that window.

48% of recent sales closed at or over asking — about half hold full price.

23 similar homes for sale — alternatives if they won't move.

$4,005/month Estimated

Principal & interest: $3,133
Property taxes: $511
Home insurance (est.): $361
HOA dues: None

20% down ($123,900) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Alexandria, MN Active

Located in Felt Anderson First Add, Alexandria, MN.

About This Home

No more waiting, no more disappointment... Get rid of your updates list and find your way over to this modern and gorgeous home on Anderson Way! Super functional and immaculately maintained, this 4,000 sq ft home offers all of the goodies you would expect in a newer constructed home and then some! The main level living area and kitchen is to die for with the huge island, timeless cabinetry, vaulted ceiling and large windows! Just off this space you will find a cozy 3-season porch overlooking your irrigated yard that backs right up to the neighborhood park! Also found on the main level is laundry, primary suite (soaking tub plus walk-in shower), 2nd bedroom (or den) and a full bath. The lower level provides an additional 3 large bedrooms, huge family area, rec room/home gym and a 3rd full bathroom. Further highlights include the living room gas fireplace, heated/finished supersized garage, multiple exterior hangout areas and located in one of the most desirable neighborhoods in town! Closing day will be bittersweet for these sellers as the neighbors are all great but they are excited to pass along this custom beauty to the next owners. Get your private showing scheduled right away!!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $465K and $774K in Alexandria:

The field: 23 similar Alexandria homes for sale — you have options.
Negotiation: 48% of the last 21 sales here closed at or over list — about half hold full price.

Key Features

Built: 2017
Garage: 3-Car Attached
Style: One
HOA: None
Annual Taxes: $6,130 (2026)

Property Details

Property Type: Single Family
Above Grade Sq Ft: 1,958
Below Grade Sq Ft: 1,860
Lot Size: 0.45 acres
Basement: Yes
Roof: Architectural Shingle
Construction: Frame, ICFs (Insulated Concrete Forms)
County: Douglas
List Date: 2026-09-22
Days on Market: 20 days
Parcel ID: 630680275

Financial

Total Tax incl. Assessments: $6,130

Home Systems & Utilities

Heating: Forced Air
Cooling: Central Air
Electric: 200+ Amp Service
Water: City Water/Connected
Sewer: City Sewer/Connected
Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Electric Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Interior Features

Laundry: Laundry Room, Main Level
Fireplace: 1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type: Concrete Perimeter, ICFs (Insulated Concrete Forms), Poured Concrete
Foundation Area: 1,958 sqft
Total Building Area: 4,084 sqft

Exterior Features

Exterior Features: Vinyl
Other Structures: Storage Shed
Accessibility Features: None

Parking & Garage

Parking Features: Attached Garage, Concrete, Finished Garage, Heated Garage, Insulated Garage

Lot & Land

Lot Features: Tree Coverage - Light
Road Surface: City Street, Paved Streets
Zoning Description: Residential-Single Family

Agent & Office

List Office: Edina Realty, Inc.

Price History

Listed at $619,500 on Sep 22, 2026 — No price changes

620 Anderson Way is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 620 Anderson Way

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Alexandria real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

See all Alexandria homes ›

Listed by Edina Realty, Inc. · Shown by Modern Market REALTORS®

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MLS# 7148159 · Data refreshed October 9, 2026

Similar Homes for Sale Near 620 Anderson Way, Alexandria, MN

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Frequently Asked Questions About 620 Anderson Way

Is $619,500 a good price for a home in Alexandria?: According to BuyPulse, 620 Anderson Way rates Excellent Value — at $162/sqft it's priced 22% below the typical Alexandria single-family home of $208/sqft. Its negotiating-position score is 76/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Alexandria homes are closing versus list. Powered by the Realgorithm™. Browse Alexandria homes for sale to compare.
Does 620 Anderson Way have a basement?: Yes, 620 Anderson Way has a basement with 1,860 sq ft of below-grade space.
What type of heating and cooling does 620 Anderson Way have?: 620 Anderson Way has Forced Air heating and Central Air cooling.
Where is 620 Anderson Way located?: 620 Anderson Way is in the Felt Anderson neighborhood of Alexandria, MN 56308, in Douglas County.
Is 620 Anderson Way still available?: Yes — 620 Anderson Way is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 620 Anderson Way built?: 620 Anderson Way was built in 2017. It features frame, icfs (insulated concrete forms) construction, an architectural shingle roof, and a concrete perimeter, icfs (insulated concrete forms), poured concrete foundation.
Does 620 Anderson Way have main-floor laundry?: Yes — the laundry at 620 Anderson Way is on the main level.
How walkable is 620 Anderson Way?: 620 Anderson Way has a Walk Score of 8/100 (Car-Dependent) and a Bike Score of 39/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 620 Anderson Way are for sale in Alexandria?: 23 similar homes (single-family homes between $465K and $774K in Alexandria) are for sale right now — you have options.
Do homes in Alexandria sell for asking price?: 48% of the last 21 comparable Alexandria sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
What does "BuyPulse" mean?: BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?: The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Alexandria area.

Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.